Rwanda (RWA) and Nigeria (NGA) Trade | The Observatory of Economic Complexity

About

Rwanda-Nigeria Trade: In 2023, Rwanda exported $502k to Nigeria. The main products that Rwanda exported to Nigeria were Other Iron Products ($97.8k), Transmissions ($56.5k), and Tanned Equine and Bovine Hides ($47.1k). Over the past 5 years the exports of Rwanda to Nigeria have decreased at an annualized rate of 35.9%, from $4.65M in 2018 to $502k in 2023.

In 2023, Rwanda did not export any services to Nigeria.

Nigeria-Rwanda Trade: In 2023, Nigeria exported $12.7k to Rwanda. The main products that Nigeria exported to Rwanda were Waxes ($12.7k). Over the past 5 years the exports of Nigeria to Rwanda have decreased at an annualized rate of 57.1%, from $880k in 2018 to $12.7k in 2023.

In 2023, Nigeria did not export any services to Rwanda.

Comparison In 2023, Rwanda ranked 154 in total exports ($1.35B), and does not have data regarding Economic Complexity Index. That same year, Nigeria ranked 129 in the Economic Complexity Index (ECI -1.75), and 52 in total exports ($61B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Rwanda exported $502k to Nigeria. The main products exported from Rwanda to Nigeria were Other Iron Products ($97.8k), Transmissions ($56.5k), and Tanned Equine and Bovine Hides ($47.1k). During the last 5 years the exports of Rwanda to Nigeria have decreased at an annualized rate of 35.9%, from $4.65M in 2018 to $502k in 2023.

In 2018, Nigeria exported $12.7k to Rwanda. The main products exported from Nigeria to Rwanda were Waxes ($12.7k). During the last 5 years the exports of Nigeria to Rwanda have decreased at an annualized rate of 57.1%, from $880k in 2023 to $12.7k in 2018.

Exports from Rwanda () to Nigeria () (2023)

Exports from Nigeria () to Rwanda () (2023)

Latest Data

Trade between Rwanda () and Nigeria ()

Rwanda Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Rwanda
Top DestinationUnited Arab Emirates$895M

Nigeria
Top DestinationUnited States$6.29B

This map shows whether countries import more from Rwanda or Nigeria. Each country is colored based on the difference in imports they receive from Rwanda and Nigeria or the difference in the growth in imports.

In 2023, countries that imported more from Rwanda than Nigeria included Kenya ($34.5M), Uganda ($11M), and Kazakhstan ($6.72M).

In 2023, countries that imported more from Nigeria than Rwanda included United States ($6.29B), Spain ($5.76B), and France ($4.76B).

Difference in imports from Nigeria () and Rwanda () (2023)

Comparative Advantage Rwanda - Nigeria

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

This chart compares trade between Rwanda and Nigeria by product, considering products traded by both, Rwanda and Nigeria.

During 2023, Rwanda had a large net trade with Nigeria in the exports of Metals ($188k), Machines ($149k), and Animal Hides ($47.1k).

During 2018, Nigeria had a large net trade with Rwanda in the exports of Chemical Products ($12.7k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Rwanda Nigeria+$47kVaccines, blood, antisera, toxins and cultures

Top Product Potential Nigeria Rwanda+$12.4kBeauty Products

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

Year

This visualization shows the product space at the HS4 level with the flags of Rwanda and Nigeria. This means that a dot/product with the flag of Rwanda indicates it has a comparative advantage over Nigeria. Similarly, a dot/product with the flag of Nigeria indicates it has a comparative advantage over Rwanda.

About

Historical Data

Bilateral Trade by Products

Exports from Rwanda () to Nigeria () (2023)

Exports from Nigeria () to Rwanda () (2023)

Latest Data

Trade between Rwanda () and Nigeria ()

Rwanda Exports

Market Competitiveness

Difference in imports from Nigeria () and Rwanda () (2023)

Comparative Advantage Rwanda - Nigeria

Potential Exports

Potential Exports

Subscribe today to OEC pro and access the latest data

Subscribe today to OEC pro and access the latest data

Economic Complexity

Competitive Landscape

Product Space of Rwanda () and Nigeria () (2023)

Keep Exploring