2022
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GDP
$406BCURRENT US$
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2012-2022
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GDP GROWTH
-6.57%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 
$6,776CURRENT US$
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2012-2022
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GDP PC GROWTH
-17.1%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

South Africa-Nigeria Trade: In 2022, South Africa exported $521M to Nigeria. The main products that South Africa exported to Nigeria were Propylene Polymers ($101M), Apples and Pears ($45.5M), and Metal Stoppers ($22.2M). Over the past 5 years the exports of South Africa to Nigeria have increased at an annualized rate of 3.13%, from $447M in 2017 to $521M in 2022.

In 2022, South Africa did not export any services to Nigeria.

Nigeria-South Africa Trade: In 2022, Nigeria exported $2.25B to South Africa. The main products that Nigeria exported to South Africa were Crude Petroleum ($2.16B), Petroleum Gas ($64.3M), and Rubber ($6.82M). Over the past 5 years the exports of Nigeria to South Africa have increased at an annualized rate of 5.46%,  from $1.72B in 2017 to $2.25B in 2022.

In 2022, Nigeria did not export any services to South Africa.

Comparison: In 2022,  South Africa ranked 59 in the Economic Complexity Index (ECI 0.076), and 34 in total exports ($147B). That same year, Nigeria ranked 127 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, South Africa exported $521M to Nigeria. The main products exported from South Africa to Nigeria were Propylene Polymers ($101M), Apples and Pears ($45.5M), and Metal Stoppers ($22.2M). During the last 5 years the exports of South Africa to Nigeria have increased at an annualized rate of 3.13%, from $447M in 2017 to $521M in 2022.

In 2017, Nigeria exported $2.25B to South Africa. The main products exported from Nigeria to South Africa were Crude Petroleum ($2.16B), Petroleum Gas ($64.3M), and Rubber ($6.82M). During the last 5 years the exports of Nigeria to South Africa have increased at an annualized rate of 5.46%, from $1.72B in 2022 to $2.25B in 2017.

Exports from South Africa (Flag) to Nigeria (Flag) (2022)

Exports from Nigeria (Flag) to South Africa (Flag) (2022)

Market Competitiveness

Color
South Africa
Top Destination
China$23.4B
Nigeria
Top Destination
Spain$9.41B

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

In 2022, countries that imported more from South Africa than Nigeria included China ($23.4B), Germany ($9.96B), and Japan ($8.85B).

In 2022, countries that imported more from Nigeria than South Africa included Spain ($9.41B), France ($4.95B), and Indonesia ($3.83B).

Difference in imports from Nigeria (Flag) and South Africa (Flag) (2022)

Comparative Advantage South Africa - Nigeria

Flow
Scale

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

During 2022, South Africa had a large net trade with Nigeria in the exports of Plastics and Rubbers ($119M), Machines ($79.8M), and Chemical Products ($75.6M).

During 2017, Nigeria had a large net trade with South Africa in the exports of Mineral Products ($2.22B), Plastics and Rubbers ($7.86M), and Stone And Glass ($5.75M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential South Africa Nigeria+$17.6MCars
Top Product Potential Nigeria South Africa+$142MPetroleum Gas

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.

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Economic Complexity

Competitive Landscape

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

Product Space of South Africa (Flag) and Nigeria (Flag) (2022)

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