France (FRA) and Nigeria (NGA) Trade | The Observatory of Economic Complexity

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France-Nigeria Trade: In 2023, France exported $687M to Nigeria. The main products that France exported to Nigeria were Refined Petroleum ($195M), Wheat ($42.2M), and Hard Liquor ($25.7M). Over the past 5 years the exports of France to Nigeria have decreased at an annualized rate of 2.44%, from $778M in 2018 to $687M in 2023.

In 2020, France exported services to Nigeria worth $378M, with Other business services ($271M), Transportation ($49.1M), and Financial services ($38.8M) being the largest in terms of value.

Nigeria-France Trade: In 2023, Nigeria exported $4.76B to France. The main products that Nigeria exported to France were Crude Petroleum ($4.38B), Petroleum Gas ($271M), and Soybean Meal ($71M). Over the past 5 years the exports of Nigeria to France have increased at an annualized rate of 0.6%, from $4.44B in 2018 to $4.76B in 2023.

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

Comparison: In 2023, France ranked 16 in the Economic Complexity Index (ECI 1.34), and 7 in total exports ($635B). 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 2023, France exported $687M to Nigeria. The main products exported from France to Nigeria were Refined Petroleum ($195M), Wheat ($42.2M), and Hard Liquor ($25.7M). During the last 5 years the exports of France to Nigeria have decreased at an annualized rate of 2.44%, from $778M in 2018 to $687M in 2023.

In 2018, Nigeria exported $4.76B to France. The main products exported from Nigeria to France were Crude Petroleum ($4.38B), Petroleum Gas ($271M), and Soybean Meal ($71M). During the last 5 years the exports of Nigeria to France have increased at an annualized rate of 0.6%, from $4.44B in 2023 to $4.76B in 2018.

Exports from France () to Nigeria () (2023)

Exports from Nigeria () to France () (2023)

Latest Data

Trade between France () and Nigeria ()

France Exports

Date

Nigeria Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

France
Top DestinationGermany$72.8B

Nigeria
Top DestinationUnited States$6.29B

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

In 2023, countries that imported more from France than Nigeria included Germany ($72.8B), Italy ($56.3B), and Belgium ($49.2B).

In 2023, countries that imported more from Nigeria than France included Indonesia ($3.44B), Cote d'Ivoire ($2.4B), and South Africa ($2.37B).

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

Comparative Advantage France - Nigeria

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, France had a large net trade with Nigeria in the exports of Mineral Products ($196M), Chemical Products ($114M), and Machines ($112M).

During 2018, Nigeria had a large net trade with France in the exports of Mineral Products ($4.65B), Foodstuffs ($73.4M), and Chemical Products ($18.7M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential France Nigeria+$92.9MRefined Petroleum

Top Product Potential Nigeria France+$1.3BPetroleum Gas

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

Exports from France () to Nigeria () (2023)

Exports from Nigeria () to France () (2023)

Latest Data

Trade between France () and Nigeria ()

France Exports

Nigeria Exports

Market Competitiveness

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

Comparative Advantage France - Nigeria

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of France () and Nigeria () (2023)

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