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2022
Flag → Flag
Exports $65MRnk 57 / 187
2022
Flag → Flag
Top Product $28.2MRefined Petroleum
2022
Flag → Flag
Exports $491Rnk 39 / 166
2022
Flag → Flag
Top Product $213MCrude Petroleum
2022
Flag
Economic Complexity (ECI) ECI 1.23Rnk 20 / 133
2022
Flag
Economic Complexity (ECI) ECI -1.67Rnk 127 / 133
2022
Flag  
GDP$522BCURRENT US$
Rnk 27 / 186
2012-2022
Flag
GDP GROWTH99%CURRENT US$
Rnk 14 / 186
2022
Flag
 GDP$477BCURRENT US$
Rnk 30 / 186
2012-2022
Flag
GDP GROWTH2.89%CURRENT US$
Rnk 159 / 186
2022
Flag
GDP PC $54,660CURRENT US$
Rnk 15 / 186
2012-2022
Flag
GDP PC GROWTH64.9%CURRENT US$
Rnk 21 / 186
2022
Flag
GDP PC$2,184CURRENT US$
Rnk 146 / 186
2012-2022
Flag
GDP PC GROWTH-19.9%CURRENT US$
Rnk 173 / 186

About

Israel-Nigeria Trade: In 2022, Israel exported $65M to Nigeria. The main products that Israel exported to Nigeria were Refined Petroleum ($28.2M), Video Cameras ($2.22M), and Telephones ($2.17M). Over the past 5 years the exports of Israel to Nigeria have decreased at an annualized rate of 16.2%, from $158M in 2017 to $65M in 2022.

In 2012, Israel exported services to Nigeria worth $0, with being the largest in terms of value.

Nigeria-Israel Trade: In 2022, Nigeria exported $218M to Israel. The main products that Nigeria exported to Israel were Crude Petroleum ($213M), Other Oily Seeds ($2.79M), and Wood Charcoal ($1.18M). Over the past 5 years the exports of Nigeria to Israel have increased at an annualized rate of 130%,  from $3.37M in 2017 to $218M in 2022.

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

Comparison: In 2022,  Israel ranked 20 in the Economic Complexity Index (ECI 1.23), and 49 in total exports ($76.9B). 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
Value

In 2022, Israel exported $65M to Nigeria. The main products exported from Israel to Nigeria were Refined Petroleum ($28.2M), Video Cameras ($2.22M), and Telephones ($2.17M). During the last 5 years the exports of Israel to Nigeria have decreased at an annualized rate of 16.2%, from $158M in 2017 to $65M in 2022.

In 2017, Nigeria exported $218M to Israel. The main products exported from Nigeria to Israel were Crude Petroleum ($213M), Other Oily Seeds ($2.79M), and Wood Charcoal ($1.18M). During the last 5 years the exports of Nigeria to Israel have increased at an annualized rate of 12.1%, from $277 in 2012 to $218M in 2017.

Exports from Israel (Flag) to Nigeria (Flag) (2022)

Exports from Nigeria (Flag) to Israel (Flag) (2022)

Latest Data

Trade between Israel (Flag) and Nigeria (Flag)

Israel Exports

Nigeria Exports

Market Competitiveness

Color
Israel
Top DestinationUnited States$20.3B
Nigeria
Top DestinationSpain$9.41B

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

In 2022, countries that imported more from Israel than Nigeria included United States ($20.3B), Palestine ($4.6B), and China ($5.53B).

In 2022, countries that imported more from Nigeria than Israel included Spain ($9.41B), India ($8.2B), and Indonesia ($3.83B).

Difference in imports from Nigeria (Flag) and Israel (Flag) (2022)

Comparative Advantage Israel - Nigeria

Flow
Scale

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

During 2022, Israel had a large net trade with Nigeria in the exports of Mineral Products ($28.4M), Machines ($10.7M), and Chemical Products ($6.42M).

During 2017, Nigeria had a large net trade with Israel in the exports of Mineral Products ($213M), Vegetable Products ($2.9M), and Wood Products ($1.18M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Israel Nigeria+$33.8MRefined Petroleum
Top Product Potential Nigeria Israel+$152MCrude Petroleum

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

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

Product Space of Israel (Flag) and Nigeria (Flag) (2022)

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