Nigeria (NGA) and Brunei (BRN) Trade | The Observatory of Economic Complexity

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Nigeria-Brunei Trade: In 2022, Nigeria exported $1.2k to Brunei. The main products that Nigeria exported to Brunei were Broadcasting Equipment ($370), Beauty Products ($279), and Packaged Medicaments ($149). Over the past 5 years the exports of Nigeria to Brunei have increased at an annualized rate of 4.45%, from $963 in 2017 to $1.2k in 2022.

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

Brunei-Nigeria Trade: In 2022, Brunei exported $21.4k to Nigeria. The main products that Brunei exported to Nigeria were Carboxyamide Compounds ($8.85k), Surveying Equipment ($4.54k), and Other Plastic Products ($2.82k). Over the past 5 years the exports of Brunei to Nigeria have decreased at an annualized rate of 24.1%, from $255k in 2017 to $21.4k in 2022.

In 2022, Brunei 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, Brunei ranked 90 in total exports ($14B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Nigeria exported $1.2k to Brunei. The main products exported from Nigeria to Brunei were Broadcasting Equipment ($370), Beauty Products ($279), and Packaged Medicaments ($149). During the last 5 years the exports of Nigeria to Brunei have increased at an annualized rate of 4.45%, from $963 in 2017 to $1.2k in 2022.

In 2017, Brunei exported $21.4k to Nigeria. The main products exported from Brunei to Nigeria were Carboxyamide Compounds ($8.85k), Surveying Equipment ($4.54k), and Other Plastic Products ($2.82k). During the last 5 years the exports of Brunei to Nigeria have decreased at an annualized rate of 24.1%, from $255k in 2022 to $21.4k in 2017.

Exports from Nigeria () to Brunei () (2022)

Exports from Brunei () to Nigeria () (2022)

Latest Data

Trade between Nigeria () and Brunei ()

Nigeria Exports

Date

Brunei Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Nigeria
Top DestinationSpain$9.41B

Brunei
Top DestinationAustralia$2.66B

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

In 2022, countries that imported more from Nigeria than Brunei included Spain ($9.41B), India ($8.2B), and France ($4.95B).

In 2022, countries that imported more from Brunei than Nigeria included Australia ($2.66B), Singapore ($1.97B), and Japan ($2.32B).

Difference in imports from Brunei () and Nigeria () (2022)

Comparative Advantage Nigeria - Brunei

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Nigeria had a large net trade with Brunei in the exports of Chemical Products ($540), Machines ($370), and Textiles ($219).

During 2017, Brunei had a large net trade with Nigeria in the exports of Chemical Products ($8.86k), Instruments ($4.54k), and Machines ($3.77k).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Nigeria () to Brunei () (2022)

Exports from Brunei () to Nigeria () (2022)

Latest Data

Trade between Nigeria () and Brunei ()

Nigeria Exports

Brunei Exports

Market Competitiveness

Difference in imports from Brunei () and Nigeria () (2022)

Comparative Advantage Nigeria - Brunei

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Nigeria () and Brunei () (2022)

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