Nigeria (NGA) and Estonia (EST) Trade | The Observatory of Economic Complexity

2022

→

Exports $8.99MRnk 68 / 166

2022

→

About

Nigeria-Estonia Trade: In 2022, Nigeria exported $8.99M to Estonia. The main products that Nigeria exported to Estonia were Cocoa Shells ($5.32M), Cocoa Beans ($2.28M), and Cocoa Paste ($821k). Over the past 5 years the exports of Nigeria to Estonia have decreased at an annualized rate of 20.3%, from $27.9M in 2017 to $8.99M in 2022.

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

Estonia-Nigeria Trade: In 2022, Estonia exported $245M to Nigeria. The main products that Estonia exported to Nigeria were Refined Petroleum ($154M), Wheat ($89.2M), and Broadcasting Equipment ($231k). Over the past 5 years the exports of Estonia to Nigeria have increased at an annualized rate of 74.4%, from $15.2M in 2017 to $245M in 2022.

In 2020, Estonia exported services to Nigeria worth $24.3M, with Other business services ($20M), Travel ($4.11M), and Transportation ($114k) being the largest in terms of value.

Comparison In 2022, Nigeria ranked 127 in the Economic Complexity Index (ECI -1.67), and 51 in total exports ($70.7B). That same year, Estonia ranked 74 in total exports ($23.1B), and does not have data regarding Economic Complexity Index.

Historical Data

Latest Data

Trade between Nigeria () and Estonia ()

Nigeria Exports

Date

Estonia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Nigeria
Top DestinationSpain$9.41B

Estonia
Top DestinationFinland$3B

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

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

In 2022, countries that imported more from Estonia than Nigeria included Finland ($3B), Latvia ($2.77B), and Lithuania ($1.51B).

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

Bilateral Service Trade

Est Year

In 2020, Estonia exported services to Nigeria worth $24.3M, with Other business services ($20M), Travel ($4.11M), and Transportation ($114k) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Estonia () to Nigeria () (2020)

Service Trade

Economic Complexity

Competitive Landscape

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