Estonia (EST) and Nigeria (NGA) Trade | The Observatory of Economic Complexity

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Estonia-Nigeria In 2022, Estonia exported $245M to Nigeria. The main products that Estonia exported to Nigeria are Refined Petroleum ($154M), Wheat ($89.2M), and Broadcasting Equipment ($231k). During the last 27 years the exports of Estonia to Nigeria have increased at an annualized rate of 24.4%, from $678k in 1995 to $245M in 2022.

In 2020, Estonia exported services to Nigeria worth $24.3M, with Other business services ($20M), Travel ($4.11M), and Transportation ($114k) being the largest in terms of value.

Nigeria-Estonia In 2022, Nigeria exported $8.99M to Estonia. The main products that Nigeria exported to Estonia were Cocoa Shells ($5.32M), Cocoa Beans ($2.28M), and Cocoa Paste ($821k). During the last 27 years the exports of Nigeria to Estonia have increased at an annualized rate of 15.3%, from $192k in 1995 to $8.99M in 2022.

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

Comparison In 2022, Estonia ranked 74 in total exports ($23.1B), and does not have data regarding Economic Complexity Index. That same year, Nigeria ranked 119 in the Economic Complexity Index (ECI -1.67), and 51 in total exports ($70.7B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Estonia exported $245M to Nigeria. The main products exported from Estonia to Nigeria were Refined Petroleum ($154M), Wheat ($89.2M), and Broadcasting Equipment ($231k). During the last 27 years the exports of Estonia to Nigeria have increased at an annualized rate of 24.4%, from $678k in 1995 to $245M in 2022.

In 2022, Nigeria exported $8.99M to Estonia. The main products exported from Nigeria to Estonia were Cocoa Shells ($5.32M), Cocoa Beans ($2.28M), and Cocoa Paste ($821k). During the last 27 years the exports of Nigeria to Estonia have increased at an annualized rate of 15.3%, from $192k in 1995 to $8.99M in 2022.

Exports from Estonia () to Nigeria () (2022)

Exports from Nigeria () to Estonia () (2022)

Latest Data

Trade between Estonia () and Nigeria ()

Estonia Exports

Date

Nigeria Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Estonia
Top DestinationFinland$3B

Nigeria
Top DestinationSpain$9.41B

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

In 2021, countries that imported more from Estonia than Nigeria were Finland ($3B), Latvia ($2.77B), and Lithuania ($1.51B).

In 2021, countries that imported more from Nigeria than Estonia were Spain ($9.41B), India ($8.2B), and France ($4.95B).

Difference in imports from Nigeria () and Estonia () (2022)

Comparative Advantage Estonia - Nigeria

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Estonia had a large net trade with Nigeria in the exports of Mineral Products ($154M), Vegetable Products ($89.2M), and Machines ($524k).

During 2022, Nigeria had a large net trade with Estonia in the exports of Foodstuffs ($8.98M), Machines ($3.15k), and Footwear and Headwear ($2.62k).

Service Trade

Bilateral Service Trade

Est Year

In 2020, Estonia exported services to Nigeria worth $24.3M, with Other business services ($20M), Travel ($4.11M), and Transportation ($114k) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Estonia () to Nigeria () (2020)

Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Estonia () to Nigeria () (2022)

Exports from Nigeria () to Estonia () (2022)

Latest Data

Trade between Estonia () and Nigeria ()

Estonia Exports

Nigeria Exports

Market Competitiveness

Difference in imports from Nigeria () and Estonia () (2022)

Comparative Advantage Estonia - Nigeria

Service Trade

Bilateral Service Trade

Services Exports from Estonia () to Nigeria () (2020)

Economic Complexity

Competitive Landscape

Product Space of Estonia () and Nigeria () (2022)

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