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2022
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Exports $400MRnk 51 / 210
2022
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Top Product $234MRefined Petroleum
2022
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Exports $474MRnk 30 / 166
2022
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Top Product $272MPetroleum Gas
2022
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Economic Complexity (ECI) ECI 1.94Rnk 3 / 133
2022
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Economic Complexity (ECI) ECI -1.67Rnk 127 / 133
2022
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 GDP$477BCURRENT US$
Rnk 30 / 186
2012-2022
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GDP GROWTH2.89%CURRENT US$
Rnk 159 / 186
2022
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GDP PC$2,184CURRENT US$
Rnk 146 / 186
2012-2022
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GDP PC GROWTH-19.9%CURRENT US$
Rnk 173 / 186

About

Chinese Taipei-Nigeria In 2022, Chinese Taipei exported $400M to Nigeria. The main products that Chinese Taipei exported to Nigeria are Refined Petroleum ($234M), Hot-Rolled Iron ($35.4M), and Motor vehicles; parts and accessories (8701 to 8705) ($9.96M). During the last 26 years the exports of Chinese Taipei to Nigeria have increased at an annualized rate of 5.94%, from $89.1M in 1996 to $400M in 2022.

In 2022, Chinese Taipei did not export any services to Nigeria.

Nigeria-Chinese Taipei In 2022, Nigeria exported $474M to Chinese Taipei. The main products that Nigeria exported to Chinese Taipei were Petroleum Gas ($272M), Crude Petroleum ($196M), and Raw Aluminium ($2.3M). During the last 26 years the exports of Nigeria to Chinese Taipei have increased at an annualized rate of 5.81%, from $109M in 1996 to $474M in 2022.

In 2022, Nigeria did not export any services to Chinese Taipei.

Comparison In 2022,  Chinese Taipei ranked 3 in the Economic Complexity Index (ECI 1.94), and 11 in total exports ($542B). That same year, Nigeria ranked 127 in the Economic Complexity Index (ECI -1.67), and 51 in total exports ($70.7B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Chinese Taipei exported $400M to Nigeria. The main products exported from Chinese Taipei to Nigeria were Refined Petroleum ($234M), Hot-Rolled Iron ($35.4M), and Motor vehicles; parts and accessories (8701 to 8705) ($9.96M). During the last 26 years the exports of Chinese Taipei to Nigeria have increased at an annualized rate of 5.94%, from $89.1M in 1996 to $400M in 2022.

In 2022, Nigeria exported $474M to Chinese Taipei. The main products exported from Nigeria to Chinese Taipei were Petroleum Gas ($272M), Crude Petroleum ($196M), and Raw Aluminium ($2.3M). During the last 26 years the exports of Nigeria to Chinese Taipei have increased at an annualized rate of 5.81%, from $109M in 1996 to $474M in 2022.

Exports from Chinese Taipei (Flag) to Nigeria (Flag) (2022)

Exports from Nigeria (Flag) to Chinese Taipei (Flag) (2022)

Market Competitiveness

Color
Chinese Taipei
Top DestinationChina$121B
Nigeria
Top DestinationSpain$9.41B

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

In 2021, countries that imported more from Chinese Taipei than Nigeria were China ($121B), United States ($82.6B), and Hong Kong ($65.8B).

In 2021, countries that imported more from Nigeria than Chinese Taipei were Spain ($9.41B), India ($8.2B), and Cote d'Ivoire ($1.97B).

Difference in imports from Nigeria (Flag) and Chinese Taipei (Flag) (2022)

Comparative Advantage Chinese Taipei - Nigeria

Flow
Scale

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

During 2022, Chinese Taipei had a large net trade with Nigeria in the exports of Mineral Products ($234M), Metals ($40.6M), and Machines ($35.9M).

During 2022, Nigeria had a large net trade with Chinese Taipei in the exports of Mineral Products ($468M), Metals ($4.18M), and Vegetable Products ($1.69M).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Chinese Taipei has comparative advantage over Nigeria. Similarly, the more yellow a dot/product is, the more Nigeria has comparative advantage over Chinese Taipei.

Product Space of Chinese Taipei (Flag) and Nigeria (Flag) (2022)

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