2022
Flag  
GDP
$477BCURRENT US$
Rnk 30 / 186
2012-2022
Flag
GDP GROWTH
2.89%CURRENT US$
Rnk 159 / 186
2022
Flag
 GDP
$508BCURRENT US$
Rnk 28 / 186
2012-2022
Flag
GDP GROWTH
32%CURRENT US$
Rnk 93 / 186
2022
Flag
GDP PC 
$2,184CURRENT US$
Rnk 146 / 186
2012-2022
Flag
GDP PC GROWTH
-19.9%CURRENT US$
Rnk 173 / 186
2022
Flag
GDP PC
$53,758CURRENT US$
Rnk 16 / 186
2012-2022
Flag
GDP PC GROWTH
21.1%CURRENT US$
Rnk 81 / 186

About

Nigeria-United Arab Emirates Trade: In 2022, Nigeria exported $520M to United Arab Emirates. The main products that Nigeria exported to United Arab Emirates were Gold ($489M), Spices ($11.9M), and Wood Charcoal ($7.24M). Over the past 5 years the exports of Nigeria to United Arab Emirates have decreased at an annualized rate of 7.1%, from $752M in 2017 to $520M in 2022.

In 2022, Nigeria did not export any services to United Arab Emirates.

United Arab Emirates-Nigeria Trade: In 2022, United Arab Emirates exported $1.61B to Nigeria. The main products that United Arab Emirates exported to Nigeria were Refined Petroleum ($352M), Broadcasting Equipment ($159M), and Cars ($149M). Over the past 5 years the exports of United Arab Emirates to Nigeria have increased at an annualized rate of 19.8%,  from $653M in 2017 to $1.61B in 2022.

In 2022, United Arab Emirates did not export any services to Nigeria.

Comparison: In 2022,  Nigeria ranked 127 in the Economic Complexity Index (ECI -1.67), and 51 in total exports ($70.7B). That same year, United Arab Emirates ranked 53 in the Economic Complexity Index (ECI 0.24), and 18 in total exports ($402B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Nigeria exported $520M to United Arab Emirates. The main products exported from Nigeria to United Arab Emirates were Gold ($489M), Spices ($11.9M), and Wood Charcoal ($7.24M). During the last 5 years the exports of Nigeria to United Arab Emirates have decreased at an annualized rate of 7.1%, from $752M in 2017 to $520M in 2022.

In 2017, United Arab Emirates exported $1.61B to Nigeria. The main products exported from United Arab Emirates to Nigeria were Refined Petroleum ($352M), Broadcasting Equipment ($159M), and Cars ($149M). During the last 5 years the exports of United Arab Emirates to Nigeria have increased at an annualized rate of 19.8%, from $653M in 2022 to $1.61B in 2017.

Exports from Nigeria (Flag) to United Arab Emirates (Flag) (2022)

Exports from United Arab Emirates (Flag) to Nigeria (Flag) (2022)

Latest Data

Trade between Nigeria (Flag) and United Arab Emirates (Flag)

Nigeria Exports

United Arab Emirates Exports

Market Competitiveness

Color
Nigeria
Top Destination
Spain$9.41B
United Arab Emirates
Top Destination
India$51B

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

In 2022, countries that imported more from Nigeria than United Arab Emirates included Spain ($9.41B), France ($4.95B), and Netherlands ($4.23B).

In 2022, countries that imported more from United Arab Emirates than Nigeria included India ($51B), Japan ($40.9B), and China ($32.5B).

Difference in imports from United Arab Emirates (Flag) and Nigeria (Flag) (2022)

Comparative Advantage Nigeria - United Arab Emirates

Flow
Scale

This chart compares trade between Nigeria and United Arab Emirates by product, considering products traded by both, Nigeria and United Arab Emirates.

During 2022, Nigeria had a large net trade with United Arab Emirates in the exports of Precious Metals ($491M), Vegetable Products ($16.2M), and Wood Products ($7.41M).

During 2017, United Arab Emirates had a large net trade with Nigeria in the exports of Mineral Products ($371M), Machines ($355M), and Transportation ($271M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Nigeria United Arab Emirates+$15.2MGold
Top Product Potential United Arab Emirates Nigeria+$237MRefined 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 Nigeria and United Arab Emirates. This means that a dot/product with the flag of Nigeria indicates it has a comparative advantage over United Arab Emirates. Similarly, a dot/product with the flag of United Arab Emirates indicates it has a comparative advantage over Nigeria.

Product Space of Nigeria (Flag) and United Arab Emirates (Flag) (2022)

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