Denmark / Nigeria

Denmark-Nigeria Trade: In 2022, Denmark exported $140M to Nigeria. The main products that Denmark exported to Nigeria were Non-fillet Frozen Fish ($33.9M), Passenger and Cargo Ships ($8.14M), and Packaged Medicaments ($7.3M). Over the past 5 years the exports of Denmark to Nigeria have decreased at an annualized rate of 3.53%, from $168M in 2017 to $140M in 2022.

In 2020, Denmark exported services to Nigeria worth $179M, with Transportation ($159M), Other business services ($9.02M), and Personal, cultural, and recreational services ($4M) being the largest in terms of value.

Nigeria-Denmark Trade: In 2022, Nigeria exported $932k to Denmark. The main products that Nigeria exported to Denmark were Other Oily Seeds ($287k), Laboratory Ceramic Ware ($284k), and Machinery Having Individual Functions ($106k). Over the past 5 years the exports of Nigeria to Denmark have decreased at an annualized rate of 55.8%,  from $55.5M in 2017 to $932k in 2022.

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

Comparison: In 2022,  Denmark ranked 27 in the Economic Complexity Index (ECI 1.01), and 37 in total exports ($122B). That same year, Nigeria ranked 127 in the Economic Complexity Index (ECI -1.67), and 51 in total exports ($70.7B).