Iran (IRN) and Nigeria (NGA) Trade | The Observatory of Economic Complexity

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Iran-Nigeria Trade: In 2022, Iran exported $17.3M to Nigeria. The main products that Iran exported to Nigeria were Non-fillet Fresh Fish ($164k), Non-fillet Frozen Fish ($78.6k), and Other Plastic Products ($60.3k). Over the past 5 years the exports of Iran to Nigeria have increased at an annualized rate of 129%, from $274k in 2017 to $17.3M in 2022.

In 2022, Iran did not export any services to Nigeria.

Nigeria-Iran Trade: In 2022, Nigeria exported $44.6k to Iran. The main products that Nigeria exported to Iran were N/A. Over the past 5 years the exports of Nigeria to Iran have increased at an annualized rate of 84.5%, from $2.09k in 2017 to $44.6k in 2022.

In 2022, Nigeria did not export any services to Iran.

Comparison: In 2022, Iran ranked 60 in the Economic Complexity Index (ECI 0.072), and 86 in total exports ($15.9B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Iran exported $17.3M to Nigeria. The main products exported from Iran to Nigeria were Non-fillet Fresh Fish ($164k), Non-fillet Frozen Fish ($78.6k), and Other Plastic Products ($60.3k). During the last 5 years the exports of Iran to Nigeria have increased at an annualized rate of 129%, from $274k in 2017 to $17.3M in 2022.

In 2015, Nigeria exported $44.6k to Iran. There were not main exports from Nigeria to Iran in 2015. During the last 17 years the exports of Nigeria to Iran have increased at an annualized rate of 84.5%, from $2.09k in 1998 to $44.6k in 2015.

Exports from Iran () to Nigeria () (2022)

Exports from Nigeria () to Iran () (2022)

Latest Data

Trade between Iran () and Nigeria ()

Nigeria Exports

Date

Mar 2018

Feb 2018

Jan 2018

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Iran
Top DestinationChina$5.72B

Nigeria
Top DestinationSpain$9.41B

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

In 2022, countries that imported more from Iran than Nigeria included China ($5.72B), Turkey ($3.17B), and Pakistan ($762M).

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

Difference in imports from Nigeria () and Iran () (2022)

Comparative Advantage Iran - Nigeria

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Iran had a large net trade with Nigeria in the exports of Animal Products ($243k), Plastics and Rubbers ($101k), and Machines ($38.2k).

During 2015, Nigeria had a large net trade with Iran in the exports of .

Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Iran () to Nigeria () (2022)

Exports from Nigeria () to Iran () (2022)

Latest Data

Trade between Iran () and Nigeria ()

Nigeria Exports

Market Competitiveness

Difference in imports from Nigeria () and Iran () (2022)

Comparative Advantage Iran - Nigeria

Economic Complexity

Competitive Landscape

Product Space of Iran () and Nigeria () (2022)

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