Nigeria-Saudi Arabia Trade: In 2022, Nigeria exported $661M to Saudi Arabia. The main products that Nigeria exported to Saudi Arabia were Crude Petroleum ($650M), Raw Aluminium ($6.98M), and Spices ($1.34M). Over the past 5 years the exports of Nigeria to Saudi Arabia have increased at an annualized rate of 157%, from $5.94M in 2017 to $661M in 2022.
In 2022, Nigeria did not export any services to Saudi Arabia.
Saudi Arabia-Nigeria Trade: In 2022, Saudi Arabia exported $673M to Nigeria. The main products that Saudi Arabia exported to Nigeria were Refined Petroleum ($297M), Propylene Polymers ($148M), and Ethylene Polymers ($140M). Over the past 5 years the exports of Saudi Arabia to Nigeria have increased at an annualized rate of 6.59%, from $293M in 2017 to $673M in 2022.
In 2022, Saudi Arabia 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, Saudi Arabia ranked 35 in the Economic Complexity Index (ECI 0.78), and 23 in total exports ($362B).