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2022
Flag → Flag
Exports $1.31BRnk 17 / 166
2022
Flag → Flag
Top Product $936MPetroleum Gas
2022
Flag → Flag
Exports $340MRnk 71 / 211
2022
Flag → Flag
Top Product $53.1MArtificial Filament Tow
2022
Flag
Economic Complexity (ECI) ECI -1.67Rnk 127 / 133
2022
Flag
Economic Complexity (ECI) ECI 2.07Rnk 1 / 133
2022
Flag  
GDP$477BCURRENT US$
Rnk 30 / 186
2012-2022
Flag
GDP GROWTH2.89%CURRENT US$
Rnk 159 / 186
2022
Flag
 GDP$4.23TCURRENT US$
Rnk 3 / 186
2012-2022
Flag
GDP GROWTH-32.5%CURRENT US$
Rnk 182 / 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$33,815CURRENT US$
Rnk 32 / 186
2012-2022
Flag
GDP PC GROWTH-31.2%CURRENT US$
Rnk 178 / 186

About

Nigeria-Japan Trade: In 2022, Nigeria exported $1.31B to Japan. The main products that Nigeria exported to Japan were Petroleum Gas ($936M), Raw Aluminium ($183M), and Other Oily Seeds ($106M). Over the past 5 years the exports of Nigeria to Japan have increased at an annualized rate of 8.92%, from $858M in 2017 to $1.31B in 2022.

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

Japan-Nigeria Trade: In 2022, Japan exported $340M to Nigeria. The main products that Japan exported to Nigeria were Artificial Filament Tow ($53.1M), Synthetic Filament Tow ($40M), and Delivery Trucks ($38M). Over the past 5 years the exports of Japan to Nigeria have decreased at an annualized rate of 2.37%,  from $392M in 2017 to $340M in 2022.

In 2022, Japan 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, Japan ranked 1 in the Economic Complexity Index (ECI 2.07), and 4 in total exports ($728B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Nigeria exported $1.31B to Japan. The main products exported from Nigeria to Japan were Petroleum Gas ($936M), Raw Aluminium ($183M), and Other Oily Seeds ($106M). During the last 5 years the exports of Nigeria to Japan have increased at an annualized rate of 8.92%, from $858M in 2017 to $1.31B in 2022.

In 2017, Japan exported $340M to Nigeria. The main products exported from Japan to Nigeria were Artificial Filament Tow ($53.1M), Synthetic Filament Tow ($40M), and Delivery Trucks ($38M). During the last 5 years the exports of Japan to Nigeria have decreased at an annualized rate of 2.37%, from $392M in 2022 to $340M in 2017.

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

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

Latest Data

Trade between Nigeria (Flag) and Japan (Flag)

Nigeria Exports

Japan Exports

Market Competitiveness

Color
Nigeria
Top DestinationSpain$9.41B
Japan
Top DestinationUnited States$137B

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

In 2022, countries that imported more from Nigeria than Japan included Spain ($9.41B), Cote d'Ivoire ($1.97B), and Portugal ($1.93B).

In 2022, countries that imported more from Japan than Nigeria included China ($135B), United States ($137B), and Chinese Taipei ($50.1B).

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

Comparative Advantage Nigeria - Japan

Flow
Scale

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

During 2022, Nigeria had a large net trade with Japan in the exports of Mineral Products ($937M), Metals ($270M), and Vegetable Products ($106M).

During 2017, Japan had a large net trade with Nigeria in the exports of Transportation ($105M), Textiles ($99.9M), and Machines ($54.6M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Nigeria Japan+$465MPetroleum Gas
Top Product Potential Japan Nigeria+$50.7MCars

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 Japan. This means that a dot/product with the flag of Nigeria indicates it has a comparative advantage over Japan. Similarly, a dot/product with the flag of Japan indicates it has a comparative advantage over Nigeria.

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

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