Nigeria (NGA) and Uzbekistan (UZB) Trade | The Observatory of Economic Complexity

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Nigeria-Uzbekistan Trade: In 2023, Nigeria exported $10.1k to Uzbekistan. The main products that Nigeria exported to Uzbekistan were Processed Crustaceans ($8.67k), Perfume Plants ($782), and Spices ($600). Over the past 9 years the exports of Nigeria to Uzbekistan have decreased at an annualized rate of 24.7%, from $130k in 2014 to $10.1k in 2023.

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

Uzbekistan-Nigeria Trade: In 2023, Uzbekistan exported $7.63k to Nigeria. The main products that Uzbekistan exported to Nigeria were Bells and Other Metal Ornaments ($6.08k) and Wood Ornaments ($1.55k). Over the past 9 years the exports of Uzbekistan to Nigeria have decreased at an annualized rate of 31.4%, from $50.1k in 2014 to $7.63k in 2023.

In 2023, Uzbekistan 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, Uzbekistan ranked 74 in the Economic Complexity Index (ECI -0.22), and 72 in total exports ($24.3B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Nigeria exported $10.1k to Uzbekistan. The main products exported from Nigeria to Uzbekistan were Processed Crustaceans ($8.67k), Perfume Plants ($782), and Spices ($600). During the last 9 years the exports of Nigeria to Uzbekistan have decreased at an annualized rate of 24.7%, from $130k in 2014 to $10.1k in 2023.

In 2018, Uzbekistan exported $7.63k to Nigeria. The main products exported from Uzbekistan to Nigeria were Bells and Other Metal Ornaments ($6.08k) and Wood Ornaments ($1.55k). During the last 5 years the exports of Uzbekistan to Nigeria have decreased at an annualized rate of 31.4%, from $50.1k in 2023 to $7.63k in 2018.

Exports from Nigeria () to Uzbekistan () (2023)

Exports from Uzbekistan () to Nigeria () (2023)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Nigeria
Top DestinationUnited States$6.29B

Uzbekistan
Top DestinationSwitzerland$8.18B

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 2023, countries that imported more from Nigeria than Uzbekistan included United States ($6.29B), Spain ($5.76B), and France ($4.76B).

In 2023, countries that imported more from Uzbekistan than Nigeria included Switzerland ($8.18B), Russia ($3.02B), and Kazakhstan ($1.37B).

Difference in imports from Uzbekistan () and Nigeria () (2023)

Comparative Advantage Nigeria - Uzbekistan

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Nigeria had a large net trade with Uzbekistan in the exports of Foodstuffs ($8.67k) and Vegetable Products ($1.38k).

During 2018, Uzbekistan had a large net trade with Nigeria in the exports of Metals ($6.08k) and Wood Products ($1.55k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

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

Year

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.

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Historical Data

Bilateral Trade by Products

Exports from Nigeria () to Uzbekistan () (2023)

Exports from Uzbekistan () to Nigeria () (2023)

Market Competitiveness

Difference in imports from Uzbekistan () and Nigeria () (2023)

Comparative Advantage Nigeria - Uzbekistan

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Nigeria () and Uzbekistan () (2023)

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