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2023
Flag → Flag
Exports $306kRnk 87 / 123
2023
Flag → Flag
Top Product $184kBrochures
2023
Flag → Flag
Exports $2.24MRnk 142 / 0
2023
Flag
Economic Complexity (ECI) ECI 0.81Rnk 33 / 132
2023
Flag
Economic Complexity (ECI) ECI -1.75Rnk 129 / 132
2023
Flag  
GDP$71.9BCURRENT US$
Rnk 84 / 195
2013-2023
Flag
GDP GROWTH-4.86%CURRENT US$
Rnk 175 / 195
2023
Flag
 GDP$364BCURRENT US$
Rnk 41 / 195
2013-2023
Flag
GDP GROWTH-30%CURRENT US$
Rnk 191 / 195
2023
Flag
GDP PC $7,829CURRENT US$
Rnk 98 / 195
2013-2023
Flag
GDP PC GROWTH-2.11%CURRENT US$
Rnk 156 / 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

Belarus-Nigeria Trade: In 2023, Belarus exported $306k to Nigeria. The main products that Belarus exported to Nigeria were Brochures ($184k), Hard Liquor ($45.9k), and Processed Cereals ($36.8k). Over the past 5 years the exports of Belarus to Nigeria have decreased at an annualized rate of 61.8%, from $37.7M in 2018 to $306k in 2023.

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 2023, Nigeria exported $2.24M 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 24.6%,  from $9.15M in 2018 to $2.24M in 2023.

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

Comparison: In 2023,  Belarus ranked 33 in the Economic Complexity Index (ECI 0.81), and 114 in total exports ($7.61B). 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, Belarus exported $306k to Nigeria. The main products exported from Belarus to Nigeria were Brochures ($184k), Hard Liquor ($45.9k), and Processed Cereals ($36.8k). During the last 5 years the exports of Belarus to Nigeria have decreased at an annualized rate of 61.8%, from $37.7M in 2018 to $306k in 2023.

In 2016, Nigeria exported $2.24M 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 24.6%, from $9.15M in 2021 to $2.24M in 2016.

Exports from Belarus (Flag) to Nigeria (Flag) (2023)

Exports from Nigeria (Flag) to Belarus (Flag) (2023)

Latest Data

Trade between Belarus (Flag) and Nigeria (Flag)

Belarus Exports

Nigeria Exports

Date

Market Competitiveness

Color
Belarus
Top DestinationChina$2.6B
Nigeria
Top DestinationUnited States$6.29B

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 2023, countries that imported more from Belarus than Nigeria included Kazakhstan ($757M), Uzbekistan ($509M), and Azerbaijan ($325M).

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

Difference in imports from Nigeria (Flag) and Belarus (Flag) (2023)

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 2023, Belarus had a large net trade with Nigeria in the exports of Paper Goods ($184k), Foodstuffs ($72k), and Vegetable Products ($36.8k).

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) (2023)

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