Nepal (NPL) and Nigeria (NGA) Trade | The Observatory of Economic Complexity

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Nepal-Nigeria Trade: In 2023, Nepal exported $236 to Nigeria. The main products that Nepal exported to Nigeria were Non-Knit Women's Suits ($236). Over the past 5 years the exports of Nepal to Nigeria have decreased at an annualized rate of 13.1%, from $477 in 2018 to $236 in 2023.

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

Nigeria-Nepal Trade: In 2023, Nigeria exported $9.03M to Nepal. The main products that Nigeria exported to Nepal were Soybeans ($8.78M) and Coconuts, Brazil Nuts, and Cashews ($252k). Over the past 5 years the exports of Nigeria to Nepal have increased at an annualized rate of 16.4%, from $1.07M in 2018 to $9.03M in 2023.

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

Comparison In 2023, Nepal ranked 156 in total exports ($1.21B), and does not have data regarding Economic Complexity Index. That same year, Nigeria ranked 129 in the Economic Complexity Index (ECI -1.75), and 52 in total exports ($61B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Nepal exported $236 to Nigeria. The main products exported from Nepal to Nigeria were Non-Knit Women's Suits ($236). During the last 5 years the exports of Nepal to Nigeria have decreased at an annualized rate of 13.1%, from $477 in 2018 to $236 in 2023.

In 2018, Nigeria exported $9.03M to Nepal. The main products exported from Nigeria to Nepal were Soybeans ($8.78M) and Coconuts, Brazil Nuts, and Cashews ($252k). During the last 5 years the exports of Nigeria to Nepal have increased at an annualized rate of 16.4%, from $1.07M in 2023 to $9.03M in 2018.

Exports from Nepal () to Nigeria () (2023)

Exports from Nigeria () to Nepal () (2023)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Nepal
Top DestinationIndia$811M

Nigeria
Top DestinationUnited States$6.29B

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

In 2023, countries that imported more from Nepal than Nigeria included New Zealand ($1.28M), Qatar ($1.89M), and Slovenia ($378k).

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

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

Comparative Advantage Nepal - Nigeria

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Nepal had a large net trade with Nigeria in the exports of Textiles ($236).

During 2018, Nigeria had a large net trade with Nepal in the exports of Vegetable Products ($9.03M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Nepal Nigeria+$39.5kTelephones

Top Product Potential Nigeria Nepal+$344kCoconuts, Brazil Nuts, and Cashews

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

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Historical Data

Bilateral Trade by Products

Exports from Nepal () to Nigeria () (2023)

Exports from Nigeria () to Nepal () (2023)

Market Competitiveness

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

Comparative Advantage Nepal - Nigeria

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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