India-Nigeria Trade: In 2022, India exported $5.43B to Nigeria. The main products that India exported to Nigeria were Refined Petroleum ($2.37B), Packaged Medicaments ($409M), and Motorcycles and cycles ($345M). Over the past 5 years the exports of India to Nigeria have increased at an annualized rate of 20.3%, from $2.15B in 2017 to $5.43B in 2022.
In 2022, India did not export any services to Nigeria.
Nigeria-India Trade: In 2022, Nigeria exported $8.2B to India. The main products that Nigeria exported to India were Crude Petroleum ($7.35B), Petroleum Gas ($443M), and Nitrogenous Fertilizers ($175M). Over the past 5 years the exports of Nigeria to India have decreased at an annualized rate of 0.15%, from $8.32B in 2017 to $8.2B in 2022.
In 2022, Nigeria did not export any services to India.
Comparison: In 2022, India ranked 40 in the Economic Complexity Index (ECI 0.64), and 15 in total exports ($468B). That same year, Nigeria ranked 127 in the Economic Complexity Index (ECI -1.67), and 51 in total exports ($70.7B).