Netherlands / Nigeria

Netherlands-Nigeria Trade: In 2022, Netherlands exported $6.47B to Nigeria. The main products that Netherlands exported to Nigeria were Refined Petroleum ($5.61B), Non-fillet Frozen Fish ($205M), and Coated Flat-Rolled Iron ($54M). Over the past 5 years the exports of Netherlands to Nigeria have increased at an annualized rate of 17.4%, from $2.9B in 2017 to $6.47B in 2022.

In 2020, Netherlands exported services to Nigeria worth $538M, with Other business services ($351M), Computer and information services ($72.1M), and Royalties and license fees ($61.6M) being the largest in terms of value.

Nigeria-Netherlands Trade: In 2022, Nigeria exported $4.23B to Netherlands. The main products that Nigeria exported to Netherlands were Crude Petroleum ($3.8B), Cocoa Beans ($189M), and Petroleum Gas ($151M). Over the past 5 years the exports of Nigeria to Netherlands have increased at an annualized rate of 7.34%,  from $2.24B in 2017 to $4.23B in 2022.

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

Comparison: In 2022,  Netherlands ranked 23 in the Economic Complexity Index (ECI 1.11), and 6 in total exports ($674B). That same year, Nigeria ranked 127 in the Economic Complexity Index (ECI -1.67), and 51 in total exports ($70.7B).