2022
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GDP
$1.41TCURRENT US$
Rnk 14 / 186
2012-2022
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GDP GROWTH
17.7%CURRENT US$
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2022
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 GDP
$477BCURRENT US$
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2012-2022
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GDP GROWTH
2.89%CURRENT US$
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2022
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GDP PC 
$11,091CURRENT US$
Rnk 74 / 186
2012-2022
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GDP PC GROWTH
6.89%CURRENT US$
Rnk 126 / 186
2022
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GDP PC
$2,184CURRENT US$
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2012-2022
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GDP PC GROWTH
-19.9%CURRENT US$
Rnk 173 / 186

About

Mexico-Nigeria In 2022, Mexico exported $117M to Nigeria. The main products that Mexico exported to Nigeria are Malt Extract ($27M), Wheat ($21M), and Iron Pipes ($16.1M). During the last 27 years the exports of Mexico to Nigeria have increased at an annualized rate of 20.3%, from $795k in 1995 to $117M in 2022.

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

Nigeria-Mexico In 2022, Nigeria exported $131M to Mexico. The main products that Nigeria exported to Mexico were Nitrogenous Fertilizers ($116M), Cut Flowers ($7.35M), and Perfume Plants ($4.45M). During the last 27 years the exports of Nigeria to Mexico have increased at an annualized rate of 23.2%, from $470k in 1995 to $131M in 2022.

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

Comparison In 2022,  Mexico ranked 21 in the Economic Complexity Index (ECI 1.08), and 10 in total exports ($549B). That same year, Nigeria ranked 119 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, Mexico exported $117M to Nigeria. The main products exported from Mexico to Nigeria were Malt Extract ($27M), Wheat ($21M), and Iron Pipes ($16.1M). During the last 27 years the exports of Mexico to Nigeria have increased at an annualized rate of 20.3%, from $795k in 1995 to $117M in 2022.

In 2022, Nigeria exported $131M to Mexico. The main products exported from Nigeria to Mexico were Nitrogenous Fertilizers ($116M), Cut Flowers ($7.35M), and Perfume Plants ($4.45M). During the last 27 years the exports of Nigeria to Mexico have increased at an annualized rate of 23.2%, from $470k in 1995 to $131M in 2022.

Latest Data

Trade between Mexico (Flag) and Nigeria (Flag)

Mexico Exports

Nigeria Exports

Date

Market Competitiveness

Color
Mexico
Top Destination
United States$421B
Nigeria
Top Destination
Spain$9.41B

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

In 2021, countries that imported more from Mexico than Nigeria were United States ($421B), Canada ($22.2B), and China ($12.7B).

In 2021, countries that imported more from Nigeria than Mexico were Spain ($9.41B), India ($8.2B), and Indonesia ($3.83B).

Growth Difference in imports from Nigeria (Flag) and Mexico (Flag) (N/A)

Comparative Advantage Mexico - Nigeria

Flow
Scale

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

During 2022, Mexico had a large net trade with Nigeria in the exports of Machines ($37.4M), Foodstuffs ($29.4M), and Vegetable Products ($21M).

During 2022, Nigeria had a large net trade with Mexico in the exports of Chemical Products ($117M), Vegetable Products ($13.6M), and Metals ($385k).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Mexico has comparative advantage over Nigeria. Similarly, the more yellow a dot/product is, the more Nigeria has comparative advantage over Mexico.

Product Space of Mexico (Flag) and Nigeria (Flag) (NaN)

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