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2023
Flag → Flag
Exports $5MRnk 110 / 193
2023
Flag → Flag
Top Product $593kTractors
2023
Flag → Flag
Exports $8.65MRnk 78 / 159
2023
Flag → Flag
Top Product $2.32MPolyacetals
2023
Flag
Economic Complexity (ECI) ECI 0.39Rnk 47 / 132
2023
Flag
Economic Complexity (ECI) ECI -1.75Rnk 129 / 132
2023
Flag  
GDP$179BCURRENT US$
Rnk 57 / 195
2013-2023
Flag
GDP GROWTH-6.16%CURRENT US$
Rnk 179 / 195
2023
Flag
 GDP$364BCURRENT US$
Rnk 41 / 195
2013-2023
Flag
GDP GROWTH-30%CURRENT US$
Rnk 191 / 195
2023
Flag
GDP PC $5,070CURRENT US$
Rnk 122 / 195
2013-2023
Flag
GDP PC GROWTH22.8%CURRENT US$
Rnk 95 / 195
2023
Flag
GDP PC$1,597CURRENT US$
Rnk 164 / 196
2013-2023
Flag
GDP PC GROWTH-44.4%CURRENT US$
Rnk 192 / 195

About

Ukraine-Nigeria Trade: In 2023, Ukraine exported $5M to Nigeria. The main products that Ukraine exported to Nigeria were Tractors ($593k), Hard Liquor ($552k), and Casein ($530k). Over the past 5 years the exports of Ukraine to Nigeria have decreased at an annualized rate of 49.4%, from $150M in 2018 to $5M in 2023.

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

Nigeria-Ukraine Trade: In 2023, Nigeria exported $8.65M to Ukraine. The main products that Nigeria exported to Ukraine were Polyacetals ($2.32M), Nitrogenous Fertilizers ($1.22M), and Cocoa Paste ($1.21M). Over the past 5 years the exports of Nigeria to Ukraine have increased at an annualized rate of 46.1%,  from $1.3M in 2018 to $8.65M in 2023.

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

Comparison: In 2023,  Ukraine ranked 47 in the Economic Complexity Index (ECI 0.39), and 64 in total exports ($40.3B). 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
Value

In 2023, Ukraine exported $5M to Nigeria. The main products exported from Ukraine to Nigeria were Tractors ($593k), Hard Liquor ($552k), and Casein ($530k). During the last 5 years the exports of Ukraine to Nigeria have decreased at an annualized rate of 49.4%, from $150M in 2018 to $5M in 2023.

In 2018, Nigeria exported $8.65M to Ukraine. The main products exported from Nigeria to Ukraine were Polyacetals ($2.32M), Nitrogenous Fertilizers ($1.22M), and Cocoa Paste ($1.21M). During the last 5 years the exports of Nigeria to Ukraine have increased at an annualized rate of 46.1%, from $1.3M in 2023 to $8.65M in 2018.

Exports from Ukraine (Flag) to Nigeria (Flag) (2023)

Exports from Nigeria (Flag) to Ukraine (Flag) (2023)

Latest Data

Trade between Ukraine (Flag) and Nigeria (Flag)

Ukraine Exports

Nigeria Exports

Market Competitiveness

Color
Ukraine
Top DestinationPoland$4.83B
Nigeria
Top DestinationUnited States$6.29B

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

In 2023, countries that imported more from Ukraine than Nigeria included Poland ($4.83B), Romania ($3.56B), and Turkey ($2.88B).

In 2023, countries that imported more from Nigeria than Ukraine included United States ($6.29B), France ($4.76B), and Indonesia ($3.44B).

Difference in imports from Nigeria (Flag) and Ukraine (Flag) (2023)

Comparative Advantage Ukraine - Nigeria

Flow
Scale

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

During 2023, Ukraine had a large net trade with Nigeria in the exports of Machines ($1.09M), Foodstuffs ($859k), and Metals ($748k).

During 2018, Nigeria had a large net trade with Ukraine in the exports of Plastics and Rubbers ($2.5M), Vegetable Products ($2.03M), and Foodstuffs ($1.77M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Ukraine Nigeria+$10.8MWheat
Top Product Potential Nigeria Ukraine+$126kSpices

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

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

Product Space of Ukraine (Flag) and Nigeria (Flag) (2023)

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