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Pricing

2022
Flag → Flag
Exports $225Rnk 165 / 166
2022
Flag → Flag
Top Product $149Other Edible Preparations
2022
Flag → Flag
Exports $618kRnk 81 / 139
2022
Flag → Flag
Top Product $611kSulphur
2022
Flag
Economic Complexity (ECI) ECI -1.67Rnk 127 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.28Rnk 79 / 133
2022
Flag  
GDP$477BCURRENT US$
Rnk 30 / 186
2012-2022
Flag
GDP GROWTH2.89%CURRENT US$
Rnk 159 / 186
2022
Flag
 GDP$80.4BCURRENT US$
Rnk 72 / 186
2012-2022
Flag
GDP GROWTH19.1%CURRENT US$
Rnk 123 / 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$2,255CURRENT US$
Rnk 143 / 186
2012-2022
Flag
GDP PC GROWTH-0.55%CURRENT US$
Rnk 146 / 186

About

Nigeria-Uzbekistan Trade: In 2022, Nigeria exported $225 to Uzbekistan. The main products that Nigeria exported to Uzbekistan were Other Edible Preparations ($149) and Spices ($76). Over the past 11 years the exports of Nigeria to Uzbekistan have decreased at an annualized rate of 21.5%, from $3.23k in 2011 to $225 in 2022.

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

Uzbekistan-Nigeria Trade: In 2022, Uzbekistan exported $618k to Nigeria. The main products that Uzbekistan exported to Nigeria were Sulphur ($611k), Used Clothing ($3.62k), and Light Fixtures ($2.62k). Over the past 11 years the exports of Uzbekistan to Nigeria have increased at an annualized rate of 57.8%,  from $6.46k in 2011 to $618k in 2022.

In 2022, Uzbekistan 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, Uzbekistan ranked 79 in the Economic Complexity Index (ECI -0.28), and 83 in total exports ($16.9B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Nigeria exported $225 to Uzbekistan. The main products exported from Nigeria to Uzbekistan were Other Edible Preparations ($149) and Spices ($76). During the last 11 years the exports of Nigeria to Uzbekistan have decreased at an annualized rate of 21.5%, from $3.23k in 2011 to $225 in 2022.

In 2017, Uzbekistan exported $618k to Nigeria. The main products exported from Uzbekistan to Nigeria were Sulphur ($611k), Used Clothing ($3.62k), and Light Fixtures ($2.62k). During the last 5 years the exports of Uzbekistan to Nigeria have increased at an annualized rate of 57.8%, from $6.46k in 2022 to $618k in 2017.

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

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

Market Competitiveness

Color
Nigeria
Top DestinationSpain$9.41B
Uzbekistan
Top DestinationSwitzerland$4.29B

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

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

In 2022, countries that imported more from Uzbekistan than Nigeria included Switzerland ($4.29B), Russia ($2.6B), and Kazakhstan ($1.25B).

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

Comparative Advantage Nigeria - Uzbekistan

Flow
Scale

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

During 2022, Nigeria had a large net trade with Uzbekistan in the exports of Foodstuffs ($149) and Vegetable Products ($76).

During 2017, Uzbekistan had a large net trade with Nigeria in the exports of Mineral Products ($611k), Textiles ($3.62k), and Miscellaneous ($2.62k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Nigeria Uzbekistan+$6.06kCrude Petroleum
Top Product Potential Uzbekistan Nigeria+$96.4kSulphur

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

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

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