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2023
Flag → Flag
Exports $24kRnk 63 / 120
2023
Flag → Flag
Top Product $22.9kOscilloscopes
2023
Flag → Flag
Exports $39.5MRnk 59 / 159
2023
Flag → Flag
Top Product $39.5MCrude Petroleum
2023
Flag
Economic Complexity (ECI) ECI -1.75Rnk 129 / 132
2023
Flag  
GDP$15.1BCURRENT US$
Rnk 137 / 195
2013-2023
Flag
GDP GROWTH-16.4%CURRENT US$
Rnk 187 / 195
2023
Flag
 GDP$364BCURRENT US$
Rnk 41 / 195
2013-2023
Flag
GDP GROWTH-30%CURRENT US$
Rnk 191 / 195
2023
Flag
GDP PC $32,963CURRENT US$
Rnk 42 / 195
2013-2023
Flag
GDP PC GROWTH-25.1%CURRENT US$
Rnk 183 / 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

Brunei-Nigeria Trade: In 2023, Brunei exported $24k to Nigeria. The main products that Brunei exported to Nigeria were Oscilloscopes ($22.9k), Other Plastic Products ($464), and Iron Pipe Fittings ($397). Over the past 5 years the exports of Brunei to Nigeria have decreased at an annualized rate of 15.2%, from $54.6k in 2018 to $24k in 2023.

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

Nigeria-Brunei Trade: In 2023, Nigeria exported $39.5M to Brunei. The main products that Nigeria exported to Brunei were Crude Petroleum ($39.5M) and Packaged Medicaments ($450). Over the past 5 years the exports of Nigeria to Brunei have increased at an annualized rate of 2.03k%,  from $9 in 2018 to $39.5M in 2023.

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

Comparison In 2023,  Brunei ranked 101 in total exports ($10.9B), and does not have data regarding Economic Complexity Index. 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, Brunei exported $24k to Nigeria. The main products exported from Brunei to Nigeria were Oscilloscopes ($22.9k), Other Plastic Products ($464), and Iron Pipe Fittings ($397). During the last 5 years the exports of Brunei to Nigeria have decreased at an annualized rate of 15.2%, from $54.6k in 2018 to $24k in 2023.

In 2018, Nigeria exported $39.5M to Brunei. The main products exported from Nigeria to Brunei were Crude Petroleum ($39.5M) and Packaged Medicaments ($450). During the last 5 years the exports of Nigeria to Brunei have increased at an annualized rate of 2.03k%, from $9 in 2023 to $39.5M in 2018.

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

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

Latest Data

Trade between Brunei (Flag) and Nigeria (Flag)

Brunei Exports

Nigeria Exports

Market Competitiveness

Color
Brunei
Top DestinationAustralia$2.25B
Nigeria
Top DestinationUnited States$6.29B

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

In 2023, countries that imported more from Brunei than Nigeria included Australia ($2.25B), Singapore ($1.72B), and Japan ($1.86B).

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

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

Comparative Advantage Brunei - Nigeria

Flow
Scale

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

During 2023, Brunei had a large net trade with Nigeria in the exports of Instruments ($22.9k), Plastics and Rubbers ($464), and Metals ($397).

During 2018, Nigeria had a large net trade with Brunei in the exports of Mineral Products ($39.5M) and Chemical Products ($450).

Economic Complexity

Competitive Landscape

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

Product Space of Brunei (Flag) and Nigeria (Flag) (2023)

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