Bhutan (BTN) and Nigeria (NGA) Trade | The Observatory of Economic Complexity

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Bhutan-Nigeria Trade: In 2018, Bhutan exported $50.4k to Nigeria. The main products that Bhutan exported to Nigeria were N/A. Over the past 9 years the exports of Bhutan to Nigeria have decreased at an annualized rate of 25.6%, from $725k in 2009 to $50.4k in 2018.

In 2018, Bhutan did not export any services to Nigeria.

Nigeria-Bhutan Trade: In 2018, Nigeria exported $489k to Bhutan. The main products that Nigeria exported to Bhutan were N/A. Over the past 9 years the exports of Nigeria to Bhutan have decreased at an annualized rate of 14.3%, from $1.06M in 2009 to $489k in 2018.

In 2018, Nigeria did not export any services to Bhutan.

Comparison In 2023, Bhutan ranked 170 in total exports ($456M), 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2018, Bhutan exported $50.4k to Nigeria. There were not main exports from Bhutan to Nigeria in 2018. During the last 9 years the exports of Bhutan to Nigeria have decreased at an annualized rate of 25.6%, from $725k in 2009 to $50.4k in 2018.

In 2010, Nigeria exported $489k to Bhutan. There were not main exports from Nigeria to Bhutan in 2010. During the last 5 years the exports of Nigeria to Bhutan have decreased at an annualized rate of 14.3%, from $1.06M in 2015 to $489k in 2010.

Exports from Bhutan () to Nigeria () (2018)

Exports from Nigeria () to Bhutan () (2018)

Latest Data

Trade between Bhutan () and Nigeria ()

Nigeria Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Bhutan
Top DestinationIndia$421M

Nigeria
Top DestinationUnited States$6.29B

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

In 2023, countries that imported more from Bhutan than Nigeria included Slovenia ($867k) and Panama ($2.25k).

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

Difference in imports from Nigeria () and Bhutan () (2023)

Comparative Advantage Bhutan - Nigeria

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2018, Bhutan had a large net trade with Nigeria in the exports of .

During 2010, Nigeria had a large net trade with Bhutan in the exports of .

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Bhutan () to Nigeria () (2018)

Exports from Nigeria () to Bhutan () (2018)

Latest Data

Trade between Bhutan () and Nigeria ()

Nigeria Exports

Market Competitiveness

Difference in imports from Nigeria () and Bhutan () (2023)

Comparative Advantage Bhutan - Nigeria

Economic Complexity

Competitive Landscape

Product Space of Bhutan () and Nigeria () (2018)

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