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2022
Flag → Flag
Exports $245MRnk 19 / 188
2022
Flag → Flag
Top Product $154MRefined Petroleum
2022
Flag → Flag
Exports $8.99MRnk 68 / 166
2022
Flag → Flag
Top Product $5.32MCocoa Shells
2022
Flag
Economic Complexity (ECI) ECI -1.67Rnk 127 / 133
2022
Flag  
GDP$38.1BCURRENT US$
Rnk 99 / 186
2012-2022
Flag
GDP GROWTH65.5%CURRENT US$
Rnk 34 / 186
2022
Flag
 GDP$477BCURRENT US$
Rnk 30 / 186
2012-2022
Flag
GDP GROWTH2.89%CURRENT US$
Rnk 159 / 186
2022
Flag
GDP PC $28,333CURRENT US$
Rnk 41 / 186
2012-2022
Flag
GDP PC GROWTH62.8%CURRENT US$
Rnk 23 / 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

Estonia-Nigeria Trade: In 2022, Estonia exported $245M to Nigeria. The main products that Estonia exported to Nigeria were Refined Petroleum ($154M), Wheat ($89.2M), and Broadcasting Equipment ($231k). Over the past 5 years the exports of Estonia to Nigeria have increased at an annualized rate of 74.4%, from $15.2M in 2017 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 Trade: 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). Over the past 5 years the exports of Nigeria to Estonia have decreased at an annualized rate of 20.3%,  from $27.9M in 2017 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 127 in the Economic Complexity Index (ECI -1.67), and 51 in total exports ($70.7B).

Historical Data

Bilateral Trade by Products

Depth
Value

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 5 years the exports of Estonia to Nigeria have increased at an annualized rate of 74.4%, from $15.2M in 2017 to $245M in 2022.

In 2017, 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 5 years the exports of Nigeria to Estonia have decreased at an annualized rate of 20.3%, from $27.9M in 2022 to $8.99M in 2017.

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

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

Latest Data

Trade between Estonia (Flag) and Nigeria (Flag)

Estonia Exports

Nigeria Exports

Market Competitiveness

Color
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 2022, countries that imported more from Estonia than Nigeria included Finland ($3B), Latvia ($2.77B), and Lithuania ($1.51B).

In 2022, countries that imported more from Nigeria than Estonia included Spain ($9.41B), India ($8.2B), and France ($4.95B).

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

Comparative Advantage Estonia - Nigeria

Flow
Scale

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 2017, Nigeria had a large net trade with Estonia in the exports of Foodstuffs ($8.98M), Machines ($3.15k), and Footwear and Headwear ($2.62k).

Economic Complexity

Competitive Landscape

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

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

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