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

2023

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Exports $35.7MRnk 51 / 192

2023

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About

Estonia-Nigeria Trade: In 2023, Estonia exported $35.7M to Nigeria. The main products that Estonia exported to Nigeria were Wheat ($28.9M), Aircraft parts (gliders, balloons, and powered aircraft) ($3.1M), and Gas Turbines ($658k). Over the past 5 years the exports of Estonia to Nigeria have decreased at an annualized rate of 16.2%, from $86.1M in 2018 to $35.7M in 2023.

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 2023, Nigeria exported $8.54M to Estonia. The main products that Nigeria exported to Estonia were Cocoa Beans ($3.92M), Cocoa Butter ($2.92M), and Cocoa Paste ($965k). Over the past 5 years the exports of Nigeria to Estonia have decreased at an annualized rate of 5.29%, from $11.8M in 2018 to $8.54M in 2023.

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

Comparison In 2023, Estonia ranked 79 in total exports ($20B), 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

Latest Data

Trade between Estonia () and Nigeria ()

Estonia Exports

Date

Nigeria Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Estonia
Top DestinationFinland$2.71B

Nigeria
Top DestinationUnited States$6.29B

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 2023, countries that imported more from Estonia than Nigeria included Finland ($2.71B), Latvia ($1.91B), and Lithuania ($1.74B).

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

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

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.