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Pricing

2022
Flag → Flag
Exports $329kRnk 94 / 125
2022
Flag → Flag
Top Product $223kBrochures
2022
Flag → Flag
Exports $2.1MRnk 78 / 0
2022
Flag
Economic Complexity (ECI) ECI 0.82Rnk 32 / 133
2022
Flag
Economic Complexity (ECI) ECI -1.67Rnk 127 / 133
2022
Flag  
GDP$72.8BCURRENT US$
Rnk 78 / 186
2012-2022
Flag
GDP GROWTH10.8%CURRENT US$
Rnk 144 / 186
2022
Flag
 GDP$477BCURRENT US$
Rnk 30 / 186
2012-2022
Flag
GDP GROWTH2.89%CURRENT US$
Rnk 159 / 186
2022
Flag
GDP PC $7,905CURRENT US$
Rnk 85 / 186
2012-2022
Flag
GDP PC GROWTH13.7%CURRENT US$
Rnk 101 / 186
2022
Flag
GDP PC$2,184CURRENT US$
Rnk 146 / 186
2012-2022
Flag
GDP PC GROWTH-19.9%CURRENT US$
Rnk 173 / 186

About

Belarus-Nigeria Trade: In 2022, Belarus exported $329k to Nigeria. The main products that Belarus exported to Nigeria were Brochures ($223k), Processed Cereals ($78.1k), and Motor vehicles; parts and accessories (8701 to 8705) ($9.31k). Over the past 5 years the exports of Belarus to Nigeria have decreased at an annualized rate of 58.5%, from $26.7M in 2017 to $329k in 2022.

In 2014, Belarus exported services to Nigeria worth $113k, with Government services, n.i.e. ($113k) and Insurance services ($373) being the largest in terms of value.

Nigeria-Belarus Trade: In 2022, Nigeria exported $2.1M to Belarus. The main products that Nigeria exported to Belarus were N/A. Over the past 5 years the exports of Nigeria to Belarus have decreased at an annualized rate of 24.9%,  from $8.78M in 2017 to $2.1M in 2022.

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

Comparison: In 2022,  Belarus ranked 32 in the Economic Complexity Index (ECI 0.82), and 100 in total exports ($10.4B). 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, Belarus exported $329k to Nigeria. The main products exported from Belarus to Nigeria were Brochures ($223k), Processed Cereals ($78.1k), and Motor vehicles; parts and accessories (8701 to 8705) ($9.31k). During the last 5 years the exports of Belarus to Nigeria have decreased at an annualized rate of 58.5%, from $26.7M in 2017 to $329k in 2022.

In 2016, Nigeria exported $2.1M to Belarus. There were not main exports from Nigeria to Belarus in 2016. During the last 5 years the exports of Nigeria to Belarus have decreased at an annualized rate of 24.9%, from $8.78M in 2021 to $2.1M in 2016.

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

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

Latest Data

Trade between Belarus (Flag) and Nigeria (Flag)

Belarus Exports

Nigeria Exports

Date

Market Competitiveness

Color
Belarus
Top DestinationChina$1.6B
Nigeria
Top DestinationSpain$9.41B

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

In 2022, countries that imported more from Belarus than Nigeria included Ukraine ($1.29B), Kazakhstan ($827M), and Lithuania ($778M).

In 2022, countries that imported more from Nigeria than Belarus included Spain ($9.41B), India ($8.2B), and France ($4.95B).

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

Comparative Advantage Belarus - Nigeria

Flow
Scale

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

During 2022, Belarus had a large net trade with Nigeria in the exports of Paper Goods ($223k), Vegetable Products ($78.1k), and Transportation ($18k).

During 2016, Nigeria had a large net trade with Belarus in the exports of .

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Belarus Nigeria+$109kBrochures
Top Product Potential Nigeria Belarus+$5.86kCrude Petroleum

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

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

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