2023
Flag  
GDP
$364BCURRENT US$
Rnk 41 / 195
2013-2023
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GDP GROWTH
-30%CURRENT US$
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2023
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 GDP
$2.64BCURRENT US$
Rnk 169 / 195
2013-2023
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GDP GROWTH
7.77%CURRENT US$
Rnk 162 / 195
2023
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GDP PC 
$1,597CURRENT US$
Rnk 164 / 195
2013-2023
Flag
GDP PC GROWTH
-44.4%CURRENT US$
Rnk 192 / 195
2023
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GDP PC
$193CURRENT US$
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2013-2023
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GDP PC GROWTH
-17.8%CURRENT US$
Rnk 177 / 195

About

Nigeria-Burundi Trade: In 2023, Nigeria exported $741k to Burundi. The main products that Nigeria exported to Burundi were Sorghum ($741k). Over the past 5 years the exports of Nigeria to Burundi have increased at an annualized rate of 59.2%, from $72.5k in 2018 to $741k in 2023.

In 2023, Nigeria did not export any services to Burundi.

Burundi-Nigeria Trade: In 2023, Burundi exported $275 to Nigeria. The main products that Burundi exported to Nigeria were Machinery Having Individual Functions ($138), Used Clothing ($86), and Knit Men's Undergarments ($51). Over the past 5 years the exports of Burundi to Nigeria have decreased at an annualized rate of 46.2%,  from $6.08k in 2018 to $275 in 2023.

In 2023, Burundi did not export any services to Nigeria.

Comparison In 2023,  Nigeria ranked 129 in the Economic Complexity Index (ECI -1.75),  and 52 in total exports ($61B). That same year, Burundi ranked 186 in total exports ($199M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Nigeria exported $741k to Burundi. The main products exported from Nigeria to Burundi were Sorghum ($741k). During the last 5 years the exports of Nigeria to Burundi have increased at an annualized rate of 59.2%, from $72.5k in 2018 to $741k in 2023.

In 2018, Burundi exported $275 to Nigeria. The main products exported from Burundi to Nigeria were Machinery Having Individual Functions ($138), Used Clothing ($86), and Knit Men's Undergarments ($51). During the last 5 years the exports of Burundi to Nigeria have decreased at an annualized rate of 46.2%, from $6.08k in 2023 to $275 in 2018.

Exports from Nigeria (Flag) to Burundi (Flag) (2023)

Exports from Burundi (Flag) to Nigeria (Flag) (2023)

Latest Data

Trade between Nigeria (Flag) and Burundi (Flag)

Burundi Exports

Market Competitiveness

Color
Nigeria
Top Destination
United States$6.29B
Burundi
Top Destination
United Arab Emirates$117M

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

In 2023, countries that imported more from Nigeria than Burundi included United States ($6.29B), Spain ($5.76B), and France ($4.76B).

In 2023, countries that imported more from Burundi than Nigeria included Uganda ($16.4M), Finland ($2.72M), and Tanzania ($3.06M).

Difference in imports from Burundi (Flag) and Nigeria (Flag) (2023)

Comparative Advantage Nigeria - Burundi

Flow
Scale

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

During 2023, Nigeria had a large net trade with Burundi in the exports of Vegetable Products ($741k).

During 2018, Burundi had a large net trade with Nigeria in the exports of Machines ($138) and Textiles ($137).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Nigeria Burundi+$10.9kMotor vehicles; parts and accessories (8701 to 8705)
Top Product Potential Burundi Nigeria+$126kRefined 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 Burundi. This means that a dot/product with the flag of Nigeria indicates it has a comparative advantage over Burundi. Similarly, a dot/product with the flag of Burundi indicates it has a comparative advantage over Nigeria.

Product Space of Nigeria (Flag) and Burundi (Flag) (2023)

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