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Pricing

2022
Flag → Flag
Exports $2.45MRnk 92 / 166
2022
Flag → Flag
Top Product $1.16MOscilloscopes
2022
Flag → Flag
Exports $27.4MRnk 38 / 164
2022
Flag → Flag
Top Product $7.22MEquine and Bovine Hides
2022
Flag
Economic Complexity (ECI) ECI -1.67Rnk 127 / 133
2022
Flag
Economic Complexity (ECI) ECI -1.08Rnk 116 / 133
2022
Flag  
GDP$477BCURRENT US$
Rnk 30 / 186
2012-2022
Flag
GDP GROWTH2.89%CURRENT US$
Rnk 159 / 186
2022
Flag
 GDP$75.7BCURRENT US$
Rnk 75 / 186
2012-2022
Flag
GDP GROWTH90.9%CURRENT US$
Rnk 18 / 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$1,192CURRENT US$
Rnk 163 / 186
2012-2022
Flag
GDP PC GROWTH39.5%CURRENT US$
Rnk 49 / 186

About

Nigeria-Tanzania Trade: In 2022, Nigeria exported $2.45M to Tanzania. The main products that Nigeria exported to Tanzania were Oscilloscopes ($1.16M), Float Glass ($306k), and Excavation Machinery ($216k). Over the past 5 years the exports of Nigeria to Tanzania have increased at an annualized rate of 20.5%, from $966k in 2017 to $2.45M in 2022.

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

Tanzania-Nigeria Trade: In 2022, Tanzania exported $27.4M to Nigeria. The main products that Tanzania exported to Nigeria were Equine and Bovine Hides ($7.22M), Jute and Other Textile Fibers ($5.76M), and Twine and Rope ($4.49M). Over the past 5 years the exports of Tanzania to Nigeria have increased at an annualized rate of 28.6%,  from $7.81M in 2017 to $27.4M in 2022.

In 2022, Tanzania 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, Tanzania ranked 116 in the Economic Complexity Index (ECI -1.08), and 104 in total exports ($10B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Nigeria exported $2.45M to Tanzania. The main products exported from Nigeria to Tanzania were Oscilloscopes ($1.16M), Float Glass ($306k), and Excavation Machinery ($216k). During the last 5 years the exports of Nigeria to Tanzania have increased at an annualized rate of 20.5%, from $966k in 2017 to $2.45M in 2022.

In 2017, Tanzania exported $27.4M to Nigeria. The main products exported from Tanzania to Nigeria were Equine and Bovine Hides ($7.22M), Jute and Other Textile Fibers ($5.76M), and Twine and Rope ($4.49M). During the last 5 years the exports of Tanzania to Nigeria have increased at an annualized rate of 28.6%, from $7.81M in 2022 to $27.4M in 2017.

Latest Data

Trade between Nigeria (Flag) and Tanzania (Flag)

Nigeria Exports

Tanzania Exports

Market Competitiveness

Color
Nigeria
Top DestinationSpain$9.41B
Tanzania
Top DestinationIndia$2.73B

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

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

In 2022, countries that imported more from Tanzania than Nigeria included United Arab Emirates ($1.07B), Kenya ($482M), and Rwanda ($474M).

Growth Difference in imports from Tanzania (Flag) and Nigeria (Flag) (N/A)

Comparative Advantage Nigeria - Tanzania

Flow
Scale

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

During 2022, Nigeria had a large net trade with Tanzania in the exports of Instruments ($1.38M), Machines ($422k), and Stone And Glass ($309k).

During 2017, Tanzania had a large net trade with Nigeria in the exports of Textiles ($13.4M), Animal Hides ($10.5M), and Foodstuffs ($1.25M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Nigeria Tanzania+$337kFloat Glass
Top Product Potential Tanzania Nigeria+$1.6MRaw Tobacco

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

Product Space of Nigeria (Flag) and Tanzania (Flag) (NaN)

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