2022
Flag  
GDP
$477BCURRENT US$
Rnk 30 / 186
2012-2022
Flag
GDP GROWTH
2.89%CURRENT US$
Rnk 159 / 186
2022
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GDP PC 
$2,184CURRENT US$
Rnk 146 / 186
2012-2022
Flag
GDP PC GROWTH
-19.9%CURRENT US$
Rnk 173 / 186

About

Nigeria-Cocos (Keeling) Islands In 2012, Nigeria exported $554k to Cocos (Keeling) Islands. The main products that Nigeria exported to Cocos (Keeling) Islands are N/A. During the last 3 years the exports of Nigeria to Cocos (Keeling) Islands have decreased at an annualized rate of 69.4%, from $19.3M in 2009 to $554k in 2012.

In 2012, Nigeria did not export any services to Cocos (Keeling) Islands.

Cocos (Keeling) Islands-Nigeria In 2012, Cocos (Keeling) Islands exported $13.1k to Nigeria. The main products that Cocos (Keeling) Islands exported to Nigeria were Washing and Bottling Machines ($12.7k), Electrical Transformers ($330), and Engine Parts ($120). During the last 3 years the exports of Cocos (Keeling) Islands to Nigeria have decreased at an annualized rate of 54.9%, from $143k in 2009 to $13.1k in 2012.

In 2012, Cocos (Keeling) Islands 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, Cocos (Keeling) Islands ranked 223 in total exports ($3.05M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2012, Nigeria exported $554k to Cocos (Keeling) Islands. There were not main exports from Nigeria to Cocos (Keeling) Islands in 2012. During the last 3 years the exports of Nigeria to Cocos (Keeling) Islands have decreased at an annualized rate of 69.4%, from $19.3M in 2009 to $554k in 2012.

In 2022, Cocos (Keeling) Islands exported $13.1k to Nigeria. The main products exported from Cocos (Keeling) Islands to Nigeria were Washing and Bottling Machines ($12.7k), Electrical Transformers ($330), and Engine Parts ($120). During the last 22 years the exports of Cocos (Keeling) Islands to Nigeria have decreased at an annualized rate of 54.9%, from $143k in 2000 to $13.1k in 2022.

Exports from Nigeria (Flag) to Cocos (Keeling) Islands (Flag) (2022)

Exports from Cocos (Keeling) Islands (Flag) to Nigeria (Flag) (2022)

Market Competitiveness

Color
Nigeria
Top Destination
Spain$9.41B

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

In 2021, countries that imported more from Nigeria than Cocos (Keeling) Islands were Spain ($9.41B), India ($8.2B), and France ($4.95B).

In 2021, countries that imported more from Cocos (Keeling) Islands than Nigeria were Fiji ($1).

Difference in imports from Cocos (Keeling) Islands (Flag) and Nigeria (Flag) (2022)

Comparative Advantage Nigeria - Cocos (Keeling) Islands

Flow
Scale

This chart compares trade between Nigeria and Cocos (Keeling) Islands by product, considering products traded by both, Nigeria and Cocos (Keeling) Islands.

During 2012, Nigeria had a large net trade with Cocos (Keeling) Islands in the exports of .

During 2022, Cocos (Keeling) Islands had a large net trade with Nigeria in the exports of Machines ($13.1k).

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 Nigeria has comparative advantage over Cocos (Keeling) Islands. Similarly, the more yellow a dot/product is, the more Cocos (Keeling) Islands has comparative advantage over Nigeria.

Product Space of Nigeria (Flag) and Cocos (Keeling) Islands (Flag) (2022)

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