Romania / Nigeria

Romania-Nigeria Trade: In 2022, Romania exported $30.9M to Nigeria. The main products that Romania exported to Nigeria were Valves ($4.91M), Iron Pipes ($4.14M), and Planes, Helicopters, and/or Spacecraft ($3.2M). Over the past 5 years the exports of Romania to Nigeria have decreased at an annualized rate of 7.55%, from $45.8M in 2017 to $30.9M in 2022.

In 2020, Romania exported services to Nigeria worth $5.6M, with Other business services ($4.23M), Computer and information services ($685k), and Travel ($457k) being the largest in terms of value.

Nigeria-Romania Trade: In 2022, Nigeria exported $4.42M to Romania. The main products that Nigeria exported to Romania were Rubber ($2.1M), Polyacetals ($789k), and Other Oily Seeds ($683k). Over the past 5 years the exports of Nigeria to Romania have increased at an annualized rate of 16.8%,  from $2.03M in 2017 to $4.42M in 2022.

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

Comparison: In 2022,  Romania ranked 26 in the Economic Complexity Index (ECI 1.03), and 43 in total exports ($99.5B). That same year, Nigeria ranked 127 in the Economic Complexity Index (ECI -1.67), and 51 in total exports ($70.7B).