Nigeria-Venezuela Trade: In 2022, Nigeria exported $493k to Venezuela. The main products that Nigeria exported to Venezuela were Ethylene Polymers ($384k), Cut Flowers ($107k), and Float Glass ($2.51k). Over the past 10 years the exports of Nigeria to Venezuela have increased at an annualized rate of 3.81%, from $339k in 2012 to $493k in 2022.
In 2022, Nigeria did not export any services to Venezuela.
Venezuela-Nigeria Trade: In 2022, Venezuela exported $742k to Nigeria. The main products that Venezuela exported to Nigeria were Animal Food ($319k), Tanned Equine and Bovine Hides ($309k), and Liquid Pumps ($114k). Over the past 10 years the exports of Venezuela to Nigeria have decreased at an annualized rate of 20.2%, from $7.05M in 2012 to $742k in 2022.
In 2022, Venezuela 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, Venezuela ranked 107 in the Economic Complexity Index (ECI -0.87), and 132 in total exports ($4.3B).