Sign In
Pricing

2022
Flag → Flag
Exports $512kRnk 116 / 166
2022
Flag → Flag
Top Product $461kGround Nuts
2022
Flag → Flag
Exports $23kRnk 79 / 101
2022
Flag → Flag
Top Product $13.9kBall Bearings
2022
Flag
Economic Complexity (ECI) ECI -1.67Rnk 127 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.84Rnk 103 / 133
2022
Flag  
GDP$477BCURRENT US$
Rnk 30 / 186
2012-2022
Flag
GDP GROWTH2.89%CURRENT US$
Rnk 159 / 186
2022
Flag
 GDP$264BCURRENT US$
Rnk 48 / 186
2012-2022
Flag
GDP GROWTH21.2%CURRENT US$
Rnk 118 / 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$5,937CURRENT US$
Rnk 104 / 186
2012-2022
Flag
GDP PC GROWTH-7.77%CURRENT US$
Rnk 158 / 186

About

Nigeria-Iraq Trade: In 2022, Nigeria exported $512k to Iraq. The main products that Nigeria exported to Iraq were Ground Nuts ($461k), Sowing Seeds ($32.2k), and Cut Flowers ($19.5k). Over the past 7 years the exports of Nigeria to Iraq have increased at an annualized rate of 56.1%, from $22.7k in 2015 to $512k in 2022.

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

Iraq-Nigeria Trade: In 2022, Iraq exported $23k to Nigeria. The main products that Iraq exported to Nigeria were Ball Bearings ($13.9k), Other Measuring Instruments ($4.96k), and Air Conditioners ($2.19k). Over the past 7 years the exports of Iraq to Nigeria have decreased at an annualized rate of 22.2%,  from $80.7k in 2015 to $23k in 2022.

In 2022, Iraq 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, Iraq ranked 103 in the Economic Complexity Index (ECI -0.84), and 36 in total exports ($123B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Nigeria exported $512k to Iraq. The main products exported from Nigeria to Iraq were Ground Nuts ($461k), Sowing Seeds ($32.2k), and Cut Flowers ($19.5k). During the last 7 years the exports of Nigeria to Iraq have increased at an annualized rate of 56.1%, from $22.7k in 2015 to $512k in 2022.

In 2017, Iraq exported $23k to Nigeria. The main products exported from Iraq to Nigeria were Ball Bearings ($13.9k), Other Measuring Instruments ($4.96k), and Air Conditioners ($2.19k). During the last 5 years the exports of Iraq to Nigeria have decreased at an annualized rate of 22.2%, from $80.7k in 2022 to $23k in 2017.

Exports from Nigeria (Flag) to Iraq (Flag) (2022)

Exports from Iraq (Flag) to Nigeria (Flag) (2022)

Market Competitiveness

Color
Nigeria
Top DestinationSpain$9.41B
Iraq
Top DestinationIndia$38.8B

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

In 2022, countries that imported more from Nigeria than Iraq included Spain ($9.41B), Indonesia ($3.83B), and France ($4.95B).

In 2022, countries that imported more from Iraq than Nigeria included China ($34B), India ($38.8B), and South Korea ($8.21B).

Difference in imports from Iraq (Flag) and Nigeria (Flag) (2022)

Comparative Advantage Nigeria - Iraq

Flow
Scale

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

During 2022, Nigeria had a large net trade with Iraq in the exports of Vegetable Products ($512k).

During 2017, Iraq had a large net trade with Nigeria in the exports of Machines ($18.1k) and Instruments ($4.96k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Nigeria Iraq+$42.4kCut Flowers
Top Product Potential Iraq Nigeria+$12.4kRefined 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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

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

Product Space of Nigeria (Flag) and Iraq (Flag) (2022)

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms