Norway-Nigeria Trade: In 2022, Norway exported $1.75B to Nigeria. The main products that Norway exported to Nigeria were Refined Petroleum ($1.64B), Fish: dried, salted, smoked or in brine ($36.9M), and Non-fillet Frozen Fish ($36.2M). Over the past 5 years the exports of Norway to Nigeria have increased at an annualized rate of 43%, from $292M in 2017 to $1.75B in 2022.
In 2022, Norway did not export any services to Nigeria.
Nigeria-Norway Trade: In 2022, Nigeria exported $3.78M to Norway. The main products that Nigeria exported to Norway were Machinery Having Individual Functions ($1.44M), Other Oily Seeds ($867k), and Aircraft Parts ($355k). Over the past 5 years the exports of Nigeria to Norway have decreased at an annualized rate of 31.3%, from $52.5M in 2017 to $3.78M in 2022.
In 2022, Nigeria did not export any services to Norway.
Comparison: In 2022, Norway ranked 43 in the Economic Complexity Index (ECI 0.54), and 28 in total exports ($285B). That same year, Nigeria ranked 127 in the Economic Complexity Index (ECI -1.67), and 51 in total exports ($70.7B).