2022
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GDP
$495BCURRENT US$
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2012-2022
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GDP GROWTH
24.6%CURRENT US$
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2022
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 GDP
$477BCURRENT US$
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2012-2022
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GDP GROWTH
2.89%CURRENT US$
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2022
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GDP PC 
$6,909CURRENT US$
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2012-2022
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GDP PC GROWTH
20.2%CURRENT US$
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2022
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GDP PC
$2,184CURRENT US$
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2012-2022
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GDP PC GROWTH
-19.9%CURRENT US$
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About

Thailand-Nigeria In 2022, Thailand exported $259M to Nigeria. The main products that Thailand exported to Nigeria are Aluminium Plating ($28.1M), Ethylene Polymers ($20.1M), and Propylene Polymers ($13.5M). During the last 27 years the exports of Thailand to Nigeria have increased at an annualized rate of 5.73%, from $57.6M in 1995 to $259M in 2022.

In 2022, Thailand did not export any services to Nigeria.

Nigeria-Thailand In 2022, Nigeria exported $1.03B to Thailand. The main products that Nigeria exported to Thailand were Crude Petroleum ($890M), Petroleum Gas ($113M), and Tin Ores ($11.9M). During the last 27 years the exports of Nigeria to Thailand have increased at an annualized rate of 16.4%, from $17.2M in 1995 to $1.03B in 2022.

In 2022, Nigeria did not export any services to Thailand.

Comparison In 2022,  Thailand ranked 29 in the Economic Complexity Index (ECI 0.88), and 27 in total exports ($312B). That same year, Nigeria ranked 119 in the Economic Complexity Index (ECI -1.67), and 51 in total exports ($70.7B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Thailand exported $259M to Nigeria. The main products exported from Thailand to Nigeria were Aluminium Plating ($28.1M), Ethylene Polymers ($20.1M), and Propylene Polymers ($13.5M). During the last 27 years the exports of Thailand to Nigeria have increased at an annualized rate of 5.73%, from $57.6M in 1995 to $259M in 2022.

In 2022, Nigeria exported $1.03B to Thailand. The main products exported from Nigeria to Thailand were Crude Petroleum ($890M), Petroleum Gas ($113M), and Tin Ores ($11.9M). During the last 27 years the exports of Nigeria to Thailand have increased at an annualized rate of 16.4%, from $17.2M in 1995 to $1.03B in 2022.

Exports from Thailand (Flag) to Nigeria (Flag) (2022)

Exports from Nigeria (Flag) to Thailand (Flag) (2022)

Latest Data

Trade between Thailand (Flag) and Nigeria (Flag)

Thailand Exports

Nigeria Exports

Date

Market Competitiveness

Color
Thailand
Top Destination
United States$53.4B
Nigeria
Top Destination
Spain$9.41B

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

In 2021, countries that imported more from Thailand than Nigeria were United States ($53.4B), China ($35.3B), and Japan ($24.6B).

In 2021, countries that imported more from Nigeria than Thailand were Spain ($9.41B), France ($4.95B), and Cote d'Ivoire ($1.97B).

Difference in imports from Nigeria (Flag) and Thailand (Flag) (2022)

Comparative Advantage Thailand - Nigeria

Flow
Scale

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

During 2022, Thailand had a large net trade with Nigeria in the exports of Plastics and Rubbers ($97.7M), Chemical Products ($37.8M), and Metals ($31.2M).

During 2022, Nigeria had a large net trade with Thailand in the exports of Mineral Products ($1.02B), Metals ($9.77M), and Precious Metals ($1.35M).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Thailand has comparative advantage over Nigeria. Similarly, the more yellow a dot/product is, the more Nigeria has comparative advantage over Thailand.

Product Space of Thailand (Flag) and Nigeria (Flag) (2022)

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