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Pricing

2022
Flag → Flag
Exports $190kRnk 113 / 146
2022
Flag → Flag
Top Product $80.1kMachinery Having Individual Functions
2022
Flag → Flag
Exports $282kRnk 127 / 166
2022
Flag → Flag
Top Product $216kPerfume Plants
2022
Flag
Economic Complexity (ECI) ECI -0.17Rnk 73 / 133
2022
Flag
Economic Complexity (ECI) ECI -1.67Rnk 127 / 133
2022
Flag  
GDP$221BCURRENT US$
Rnk 53 / 186
2012-2022
Flag
GDP GROWTH6.07%CURRENT US$
Rnk 150 / 186
2022
Flag
 GDP$477BCURRENT US$
Rnk 30 / 186
2012-2022
Flag
GDP GROWTH2.89%CURRENT US$
Rnk 159 / 186
2022
Flag
GDP PC $11,244CURRENT US$
Rnk 73 / 186
2012-2022
Flag
GDP PC GROWTH-9.23%CURRENT US$
Rnk 161 / 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

Kazakhstan-Nigeria Trade: In 2022, Kazakhstan exported $190k to Nigeria. The main products that Kazakhstan exported to Nigeria were Machinery Having Individual Functions ($80.1k), Centrifuges ($50.8k), and Natural Polymers ($25.6k). Over the past 5 years the exports of Kazakhstan to Nigeria have increased at an annualized rate of 25%, from $62.2k in 2017 to $190k in 2022.

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

Nigeria-Kazakhstan Trade: In 2022, Nigeria exported $282k to Kazakhstan. The main products that Nigeria exported to Kazakhstan were Perfume Plants ($216k), Locust beans, seaweed, sugar beet, cane, for food ($41.2k), and Cut Flowers ($24.4k). Over the past 5 years the exports of Nigeria to Kazakhstan have decreased at an annualized rate of 4.44%,  from $532k in 2017 to $282k in 2022.

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

Comparison: In 2022,  Kazakhstan ranked 73 in the Economic Complexity Index (ECI -0.17), and 45 in total exports ($98.7B). 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, Kazakhstan exported $190k to Nigeria. The main products exported from Kazakhstan to Nigeria were Machinery Having Individual Functions ($80.1k), Centrifuges ($50.8k), and Natural Polymers ($25.6k). During the last 5 years the exports of Kazakhstan to Nigeria have increased at an annualized rate of 25%, from $62.2k in 2017 to $190k in 2022.

In 2017, Nigeria exported $282k to Kazakhstan. The main products exported from Nigeria to Kazakhstan were Perfume Plants ($216k), Locust beans, seaweed, sugar beet, cane, for food ($41.2k), and Cut Flowers ($24.4k). During the last 5 years the exports of Nigeria to Kazakhstan have decreased at an annualized rate of 4.44%, from $532k in 2022 to $282k in 2017.

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

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

Latest Data

Trade between Kazakhstan (Flag) and Nigeria (Flag)

Kazakhstan Exports

Nigeria Exports

Date

Market Competitiveness

Color
Kazakhstan
Top DestinationChina$13.4B
Nigeria
Top DestinationSpain$9.41B

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

In 2022, countries that imported more from Kazakhstan than Nigeria included China ($13.4B), Italy ($12.4B), and Russia ($8.78B).

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

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

Comparative Advantage Kazakhstan - Nigeria

Flow
Scale

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

During 2022, Kazakhstan had a large net trade with Nigeria in the exports of Machines ($134k), Plastics and Rubbers ($27.2k), and Instruments ($26.7k).

During 2017, Nigeria had a large net trade with Kazakhstan in the exports of Vegetable Products ($281k) and Chemical Products ($159).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Kazakhstan Nigeria+$175kMachinery Having Individual Functions
Top Product Potential Nigeria Kazakhstan+$81.3kLocust beans, seaweed, sugar beet, cane, for food

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 Kazakhstan and Nigeria. This means that a dot/product with the flag of Kazakhstan indicates it has a comparative advantage over Nigeria. Similarly, a dot/product with the flag of Nigeria indicates it has a comparative advantage over Kazakhstan.

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

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