Palau (PLW) and Nigeria (NGA) Trade | The Observatory of Economic Complexity

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Palau-Nigeria Trade: In 2023, Palau exported $1.21k to Nigeria. The main products that Palau exported to Nigeria were Gaskets ($1.21k). Over the past 20 years the exports of Palau to Nigeria have increased at an annualized rate of 4.09%, from $542 in 2003 to $1.21k in 2023.

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

Nigeria-Palau In N/A, Nigeria did not export any products to Palau.

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

Comparison In 2023, Palau ranked 221 in total exports ($5.6M), 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, Palau exported $1.21k to Nigeria. The main products exported from Palau to Nigeria were Gaskets ($1.21k). During the last 20 years the exports of Palau to Nigeria have increased at an annualized rate of 4.09%, from $542 in 2003 to $1.21k in 2023.

Nigeria does not register exports to Palau.

Exports from Palau () to Nigeria () (2023)

Exports from Nigeria () to Palau () (2023)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Palau
Top DestinationIndia$2.28M

Nigeria
Top DestinationUnited States$6.29B

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

In 2023, no countries were registered that imported more from Palau than from Nigeria.

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

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

Comparative Advantage Palau - Nigeria

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Palau had a large net trade with Nigeria in the exports of Machines ($1.21k).

Economic Complexity

Competitive Landscape

Year

This visualization shows the product space at the HS4 level with the flags of Palau and Nigeria. This means that a dot/product with the flag of Palau indicates it has a comparative advantage over Nigeria. Similarly, a dot/product with the flag of Nigeria indicates it has a comparative advantage over Palau.

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Historical Data

Bilateral Trade by Products

Exports from Palau () to Nigeria () (2023)

Exports from Nigeria () to Palau () (2023)

Market Competitiveness

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

Comparative Advantage Palau - Nigeria

Economic Complexity

Competitive Landscape

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

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