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2023
Flag → Flag
Exports $294kRnk 125 / 159
2023
Flag → Flag
Top Product $97.4kPerfume Plants
2023
Flag → Flag
Exports $998kRnk 101 / 144
2023
Flag → Flag
Top Product $551kNitrites and Nitrates
2023
Flag
Economic Complexity (ECI) ECI -1.75Rnk 129 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.18Rnk 71 / 132
2023
Flag  
GDP$364BCURRENT US$
Rnk 41 / 195
2013-2023
Flag
GDP GROWTH-30%CURRENT US$
Rnk 191 / 195
2023
Flag
 GDP$263BCURRENT US$
Rnk 50 / 195
2013-2023
Flag
GDP GROWTH11%CURRENT US$
Rnk 153 / 195
2023
Flag
GDP PC $1,597CURRENT US$
Rnk 164 / 195
2013-2023
Flag
GDP PC GROWTH-44.4%CURRENT US$
Rnk 192 / 195
2023
Flag
GDP PC$12,919CURRENT US$
Rnk 79 / 196
2013-2023
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GDP PC GROWTH-4.15%CURRENT US$
Rnk 158 / 195

About

Nigeria-Kazakhstan Trade: In 2023, Nigeria exported $294k to Kazakhstan. The main products that Nigeria exported to Kazakhstan were Perfume Plants ($97.4k), Trailers and semi-trailers, not mechanically propelled vehicles ($65.4k), and Machinery Having Individual Functions ($59.1k). Over the past 5 years the exports of Nigeria to Kazakhstan have increased at an annualized rate of 42%, from $50.9k in 2018 to $294k in 2023.

In 2023, Nigeria did not export any services to Kazakhstan.

Kazakhstan-Nigeria Trade: In 2023, Kazakhstan exported $998k to Nigeria. The main products that Kazakhstan exported to Nigeria were Nitrites and Nitrates ($551k), Nitrogenous Fertilizers ($276k), and Excavation Machinery ($108k). Over the past 5 years the exports of Kazakhstan to Nigeria have increased at an annualized rate of 100%,  from $31.2k in 2018 to $998k in 2023.

In 2023, Kazakhstan did not export any services to Nigeria.

Comparison: In 2023,  Nigeria ranked 129 in the Economic Complexity Index (ECI -1.75), and 52 in total exports ($61B). That same year, Kazakhstan ranked 71 in the Economic Complexity Index (ECI -0.18), and 44 in total exports ($96.6B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Nigeria exported $294k to Kazakhstan. The main products exported from Nigeria to Kazakhstan were Perfume Plants ($97.4k), Trailers and semi-trailers, not mechanically propelled vehicles ($65.4k), and Machinery Having Individual Functions ($59.1k). During the last 5 years the exports of Nigeria to Kazakhstan have increased at an annualized rate of 42%, from $50.9k in 2018 to $294k in 2023.

In 2018, Kazakhstan exported $998k to Nigeria. The main products exported from Kazakhstan to Nigeria were Nitrites and Nitrates ($551k), Nitrogenous Fertilizers ($276k), and Excavation Machinery ($108k). During the last 5 years the exports of Kazakhstan to Nigeria have increased at an annualized rate of 100%, from $31.2k in 2023 to $998k in 2018.

Exports from Nigeria (Flag) to Kazakhstan (Flag) (2023)

Exports from Kazakhstan (Flag) to Nigeria (Flag) (2023)

Latest Data

Trade between Nigeria (Flag) and Kazakhstan (Flag)

Nigeria Exports

Date

Kazakhstan Exports

Market Competitiveness

Color
Nigeria
Top DestinationUnited States$6.29B
Kazakhstan
Top DestinationChina$15.2B

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

In 2023, countries that imported more from Nigeria than Kazakhstan included United States ($6.29B), Spain ($5.76B), and Indonesia ($3.44B).

In 2023, countries that imported more from Kazakhstan than Nigeria included China ($15.2B), United Kingdom ($14.3B), and Russia ($9.78B).

Difference in imports from Kazakhstan (Flag) and Nigeria (Flag) (2023)

Comparative Advantage Nigeria - Kazakhstan

Flow
Scale

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

During 2023, Nigeria had a large net trade with Kazakhstan in the exports of Vegetable Products ($149k), Machines ($78k), and Transportation ($65.4k).

During 2018, Kazakhstan had a large net trade with Nigeria in the exports of Chemical Products ($827k), Machines ($112k), and Animal Hides ($55.2k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Nigeria Kazakhstan+$81.3kLocust beans, seaweed, sugar beet, cane, for food
Top Product Potential Kazakhstan Nigeria+$175kMachinery Having Individual Functions

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

Product Space of Nigeria (Flag) and Kazakhstan (Flag) (2023)

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