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Pricing

2022
Flag → Flag
Exports $5.33MRnk 78 / 166
2022
Flag → Flag
Top Product $2.53MFloat Glass
2022
Flag → Flag
Exports $152kRnk 95 / 145
2022
Flag → Flag
Top Product $117kAnimal Meal and Pellets
2022
Flag
Economic Complexity (ECI) ECI -1.67Rnk 127 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.029Rnk 68 / 133
2022
Flag  
GDP$477BCURRENT US$
Rnk 30 / 186
2012-2022
Flag
GDP GROWTH2.89%CURRENT US$
Rnk 159 / 186
2022
Flag
 GDP$32.5BCURRENT US$
Rnk 100 / 186
2012-2022
Flag
GDP GROWTH51.9%CURRENT US$
Rnk 57 / 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$5,127CURRENT US$
Rnk 111 / 186
2012-2022
Flag
GDP PC GROWTH47.7%CURRENT US$
Rnk 38 / 186

About

Nigeria-El Salvador Trade: In 2022, Nigeria exported $5.33M to El Salvador. The main products that Nigeria exported to El Salvador were Float Glass ($2.53M), Perfume Plants ($2.12M), and Cut Flowers ($461k). Over the past 5 years the exports of Nigeria to El Salvador have increased at an annualized rate of 64.8%, from $438k in 2017 to $5.33M in 2022.

In 2022, Nigeria did not export any services to El Salvador.

El Salvador-Nigeria Trade: In 2022, El Salvador exported $152k to Nigeria. The main products that El Salvador exported to Nigeria were Animal Meal and Pellets ($117k), Knit Women's Suits ($17.7k), and Other Knit Garments ($7.37k). Over the past 5 years the exports of El Salvador to Nigeria have increased at an annualized rate of 84.3%,  from $620 in 2017 to $152k in 2022.

In 2022, El Salvador 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, El Salvador ranked 68 in the Economic Complexity Index (ECI -0.029), and 114 in total exports ($7.47B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Nigeria exported $5.33M to El Salvador. The main products exported from Nigeria to El Salvador were Float Glass ($2.53M), Perfume Plants ($2.12M), and Cut Flowers ($461k). During the last 5 years the exports of Nigeria to El Salvador have increased at an annualized rate of 64.8%, from $438k in 2017 to $5.33M in 2022.

In 2017, El Salvador exported $152k to Nigeria. The main products exported from El Salvador to Nigeria were Animal Meal and Pellets ($117k), Knit Women's Suits ($17.7k), and Other Knit Garments ($7.37k). During the last 5 years the exports of El Salvador to Nigeria have increased at an annualized rate of 84.3%, from $620 in 2022 to $152k in 2017.

Exports from Nigeria (Flag) to El Salvador (Flag) (2022)

Exports from El Salvador (Flag) to Nigeria (Flag) (2022)

Latest Data

Trade between Nigeria (Flag) and El Salvador (Flag)

El Salvador Exports

Market Competitiveness

Color
Nigeria
Top DestinationSpain$9.41B
El Salvador
Top DestinationUnited States$2.87B

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

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

In 2022, countries that imported more from El Salvador than Nigeria included Guatemala ($1.21B), Honduras ($1.18B), and Nicaragua ($497M).

Difference in imports from El Salvador (Flag) and Nigeria (Flag) (2022)

Comparative Advantage Nigeria - El Salvador

Flow
Scale

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

During 2022, Nigeria had a large net trade with El Salvador in the exports of Vegetable Products ($2.58M), Stone And Glass ($2.53M), and Plastics and Rubbers ($209k).

During 2017, El Salvador had a large net trade with Nigeria in the exports of Foodstuffs ($117k), Textiles ($31.7k), and Machines ($1.8k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Nigeria El Salvador+$165kEthylene Polymers
Top Product Potential El Salvador Nigeria+$83.5kKnit Women's Suits

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

Product Space of Nigeria (Flag) and El Salvador (Flag) (2022)

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