2022
Flag
 GDP
$477BCURRENT US$
Rnk 30 / 186
2012-2022
Flag
GDP GROWTH
2.89%CURRENT US$
Rnk 159 / 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

Belgium-Luxembourg-Nigeria In 1998, Belgium-Luxembourg exported $187M to Nigeria. The main products that Belgium-Luxembourg exported to Nigeria are N/A. During the last 3 years the exports of Belgium-Luxembourg to Nigeria have increased at an annualized rate of 12.1%, from $133M in 1995 to $187M in 1998.

In 1998, Belgium-Luxembourg did not export any services to Nigeria.

Nigeria-Belgium-Luxembourg In 1998, Nigeria exported $74.8M to Belgium-Luxembourg. The main products that Nigeria exported to Belgium-Luxembourg were N/A. During the last 3 years the exports of Nigeria to Belgium-Luxembourg have increased at an annualized rate of 10.7%, from $55.2M in 1995 to $74.8M in 1998.

In 1998, Nigeria did not export any services to Belgium-Luxembourg.

Comparison In 2022,  Belgium-Luxembourg ranked N/A in total exports (N/A), and does not have data regarding Economic Complexity Index. That same year, Nigeria ranked 127 in the Economic Complexity Index (ECI -1.67), and N/A in total exports (N/A).

Historical Data

Bilateral Trade by Products

Depth
Value

In 1998, Belgium-Luxembourg exported $187M to Nigeria. There were not main exports from Belgium-Luxembourg to Nigeria in 1998. During the last 3 years the exports of Belgium-Luxembourg to Nigeria have increased at an annualized rate of 12.1%, from $133M in 1995 to $187M in 1998.

In 1998, Nigeria exported $74.8M to Belgium-Luxembourg. There were not main exports from Nigeria to Belgium-Luxembourg in 1998. During the last 3 years the exports of Nigeria to Belgium-Luxembourg have increased at an annualized rate of 10.7%, from $55.2M in 1995 to $74.8M in 1998.

Exports from Belgium-Luxembourg (Flag) to Nigeria (Flag) (1998)

Exports from Nigeria (Flag) to Belgium-Luxembourg (Flag) (1998)

Market Competitiveness

Color
Belgium-Luxembourg
Top Destination
N/AN/A
Nigeria
Top Destination
N/AN/A

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

N/A

N/A

Difference in imports from Nigeria (Flag) and Belgium-Luxembourg (Flag) (2022)

Comparative Advantage Belgium-Luxembourg - Nigeria

Flow
Scale

This chart compares trade between Belgium-Luxembourg and Nigeria by product, considering products traded by both, Belgium-Luxembourg and Nigeria.

During 1998, Belgium-Luxembourg had a large net trade with Nigeria in the exports of .

During 1998, Nigeria had a large net trade with Belgium-Luxembourg in the exports of .

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 Belgium-Luxembourg has comparative advantage over Nigeria. Similarly, the more yellow a dot/product is, the more Nigeria has comparative advantage over Belgium-Luxembourg.

Product Space of Belgium-Luxembourg (Flag) and Nigeria (Flag) (1998)

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