United Kingdom-Nigeria Trade: In 2022, United Kingdom exported $1.87B to Nigeria. The main products that United Kingdom exported to Nigeria were Refined Petroleum ($923M), Light Pure Woven Cotton ($60.9M), and Acyclic Alcohols ($48.2M). Over the past 5 years the exports of United Kingdom to Nigeria have increased at an annualized rate of 4.07%, from $1.53B in 2017 to $1.87B in 2022.
In 2014, United Kingdom exported services to Nigeria worth $1.07B, with Travel ($610M), Transportation ($392M), and Government services, n.i.e. ($69.2M) being the largest in terms of value.
Nigeria-United Kingdom Trade: In 2022, Nigeria exported $2.06B to United Kingdom. The main products that Nigeria exported to United Kingdom were Crude Petroleum ($1.33B), Refined Petroleum ($446M), and Petroleum Gas ($210M). Over the past 5 years the exports of Nigeria to United Kingdom have increased at an annualized rate of 4.51%, from $1.65B in 2017 to $2.06B in 2022.
In 2022, Nigeria did not export any services to United Kingdom.
Comparison: In 2022, United Kingdom ranked 12 in the Economic Complexity Index (ECI 1.42), and 14 in total exports ($469B). That same year, Nigeria ranked 127 in the Economic Complexity Index (ECI -1.67), and 51 in total exports ($70.7B).