2023
Flag  
GDP
$514BCURRENT US$
Rnk 27 / 195
2013-2023
Flag
GDP GROWTH
28.5%CURRENT US$
Rnk 118 / 195
2023
Flag
 GDP
$364BCURRENT US$
Rnk 41 / 195
2013-2023
Flag
GDP GROWTH
-30%CURRENT US$
Rnk 191 / 195
2023
Flag
GDP PC 
$49,041CURRENT US$
Rnk 27 / 195
2013-2023
Flag
GDP PC GROWTH
-5.73%CURRENT US$
Rnk 161 / 195
2023
Flag
GDP PC
$1,597CURRENT US$
Rnk 164 / 196
2013-2023
Flag
GDP PC GROWTH
-44.4%CURRENT US$
Rnk 192 / 195

About

United Arab Emirates-Nigeria Trade: In 2023, United Arab Emirates exported $1.15B to Nigeria. The main products that United Arab Emirates exported to Nigeria were Refined Petroleum ($282M), Cars ($116M), and Delivery Trucks ($42.9M). Over the past 5 years the exports of United Arab Emirates to Nigeria have increased at an annualized rate of 9.22%, from $743M in 2018 to $1.15B in 2023.

In 2023, United Arab Emirates did not export any services to Nigeria.

Nigeria-United Arab Emirates Trade: In 2023, Nigeria exported $1.37B to United Arab Emirates. The main products that Nigeria exported to United Arab Emirates were Gold ($1.25B), Petroleum Gas ($40.6M), and Crude Petroleum ($37.2M). Over the past 5 years the exports of Nigeria to United Arab Emirates have increased at an annualized rate of 16.4%,  from $639M in 2018 to $1.37B in 2023.

In 2023, Nigeria did not export any services to United Arab Emirates.

Comparison: In 2023,  United Arab Emirates ranked 54 in the Economic Complexity Index (ECI 0.15), and 21 in total exports ($357B). 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
Value

In 2023, United Arab Emirates exported $1.15B to Nigeria. The main products exported from United Arab Emirates to Nigeria were Refined Petroleum ($282M), Cars ($116M), and Delivery Trucks ($42.9M). During the last 5 years the exports of United Arab Emirates to Nigeria have increased at an annualized rate of 9.22%, from $743M in 2018 to $1.15B in 2023.

In 2018, Nigeria exported $1.37B to United Arab Emirates. The main products exported from Nigeria to United Arab Emirates were Gold ($1.25B), Petroleum Gas ($40.6M), and Crude Petroleum ($37.2M). During the last 5 years the exports of Nigeria to United Arab Emirates have increased at an annualized rate of 16.4%, from $639M in 2023 to $1.37B in 2018.

Exports from United Arab Emirates (Flag) to Nigeria (Flag) (2023)

Exports from Nigeria (Flag) to United Arab Emirates (Flag) (2023)

Latest Data

Trade between United Arab Emirates (Flag) and Nigeria (Flag)

United Arab Emirates Exports

Nigeria Exports

Market Competitiveness

Color
United Arab Emirates
Top Destination
China$40.2B
Nigeria
Top Destination
United States$6.29B

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

In 2023, countries that imported more from United Arab Emirates than Nigeria included China ($40.2B), Japan ($37.4B), and India ($38.2B).

In 2023, countries that imported more from Nigeria than United Arab Emirates included Spain ($5.76B), Netherlands ($4.35B), and Cote d'Ivoire ($2.4B).

Difference in imports from Nigeria (Flag) and United Arab Emirates (Flag) (2023)

Comparative Advantage United Arab Emirates - Nigeria

Flow
Scale

This chart compares trade between United Arab Emirates and Nigeria by product, considering products traded by both, United Arab Emirates and Nigeria.

During 2023, United Arab Emirates had a large net trade with Nigeria in the exports of Mineral Products ($305M), Transportation ($234M), and Machines ($215M).

During 2018, Nigeria had a large net trade with United Arab Emirates in the exports of Precious Metals ($1.25B), Mineral Products ($78.1M), and Vegetable Products ($20.4M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential United Arab Emirates Nigeria+$237MRefined Petroleum
Top Product Potential Nigeria United Arab Emirates+$15.2MGold

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 United Arab Emirates and Nigeria. This means that a dot/product with the flag of United Arab Emirates indicates it has a comparative advantage over Nigeria. Similarly, a dot/product with the flag of Nigeria indicates it has a comparative advantage over United Arab Emirates.

Product Space of United Arab Emirates (Flag) and Nigeria (Flag) (2023)

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