Turkey (TUR) and Nigeria (NGA) Trade | The Observatory of Economic Complexity

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Turkey-Nigeria Trade: In 2023, Turkey exported $763M to Nigeria. The main products that Turkey exported to Nigeria were Planes, Helicopters, and/or Spacecraft ($93.1M), Petroleum Coke ($68.4M), and Electrical Transformers ($60.3M). Over the past 5 years the exports of Turkey to Nigeria have increased at an annualized rate of 12.2%, from $428M in 2018 to $763M in 2023.

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

Nigeria-Turkey Trade: In 2023, Nigeria exported $1.28B to Turkey. The main products that Nigeria exported to Turkey were Crude Petroleum ($996M), Petroleum Gas ($192M), and Raw Lead ($20.2M). Over the past 5 years the exports of Nigeria to Turkey have increased at an annualized rate of 14.5%, from $652M in 2018 to $1.28B in 2023.

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

Comparison: In 2023, Turkey ranked 41 in the Economic Complexity Index (ECI 0.62), and 28 in total exports ($272B). 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, Turkey exported $763M to Nigeria. The main products exported from Turkey to Nigeria were Planes, Helicopters, and/or Spacecraft ($93.1M), Petroleum Coke ($68.4M), and Electrical Transformers ($60.3M). During the last 5 years the exports of Turkey to Nigeria have increased at an annualized rate of 12.2%, from $428M in 2018 to $763M in 2023.

In 2018, Nigeria exported $1.28B to Turkey. The main products exported from Nigeria to Turkey were Crude Petroleum ($996M), Petroleum Gas ($192M), and Raw Lead ($20.2M). During the last 5 years the exports of Nigeria to Turkey have increased at an annualized rate of 14.5%, from $652M in 2023 to $1.28B in 2018.

Exports from Turkey () to Nigeria () (2023)

Exports from Nigeria () to Turkey () (2023)

Latest Data

Trade between Turkey () and Nigeria ()

Turkey Exports

Date

Nigeria Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Turkey
Top DestinationGermany$24.7B

Nigeria
Top DestinationUnited States$6.29B

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

In 2023, countries that imported more from Turkey than Nigeria included Germany ($24.7B), United Arab Emirates ($14.7B), and United Kingdom ($15.1B).

In 2023, countries that imported more from Nigeria than Turkey included Indonesia ($3.44B), Cote d'Ivoire ($2.4B), and South Africa ($2.37B).

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

Comparative Advantage Turkey - Nigeria

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Turkey had a large net trade with Nigeria in the exports of Machines ($168M), Mineral Products ($141M), and Transportation ($121M).

During 2018, Nigeria had a large net trade with Turkey in the exports of Mineral Products ($1.19B), Vegetable Products ($25.8M), and Foodstuffs ($22M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Turkey Nigeria+$77.6MRefined Petroleum

Top Product Potential Nigeria Turkey+$430MPetroleum Gas

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

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Historical Data

Bilateral Trade by Products

Exports from Turkey () to Nigeria () (2023)

Exports from Nigeria () to Turkey () (2023)

Latest Data

Trade between Turkey () and Nigeria ()

Turkey Exports

Nigeria Exports

Market Competitiveness

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

Comparative Advantage Turkey - Nigeria

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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