Flag Nigeria / United States Flag

2020
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Exports
: $1.69B, Rnk 8 / 157

2020
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Top Product
: $1.19B, Crude Petroleum

2020
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Exports
: $4.49B, Rnk 41 / 218

2020
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Top Product
: $2.24B, Cars

2020
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Economic Complexity (ECI)
: ECI -1.65, Rnk 125 / 127

2020
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Economic Complexity (ECI)
: ECI 1.56, Rnk 9 / 127

2020
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GDP
: $432B, CURRENT US$
Rnk 26 / 195

2010-2020
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GDP GROWTH
: 19.6%, CURRENT US$
Rnk 117 / 195

2020
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 GDP
: $21T, CURRENT US$
Rnk 1 / 195

2010-2020
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GDP GROWTH
: 39.8%, CURRENT US$
Rnk 78 / 195

2020
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GDP PC 
: $2,097, CURRENT US$
Rnk 148 / 195

2010-2020
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GDP PC GROWTH
: -8.04%, CURRENT US$
Rnk 156 / 195

2020
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GDP PC
: $63,593, CURRENT US$
Rnk 8 / 195

2010-2020
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GDP PC GROWTH
: 31.2%, CURRENT US$
Rnk 57 / 195

Nigeria-United States In 2020, Nigeria exported $1.69B to United States. The main products that Nigeria exported to United States are Crude Petroleum ($1.19B), Petroleum Gas ($204M), and Refined Petroleum ($169M). During the last 25 years the exports of Nigeria to United States have decreased at an annualized rate of 3.68%, from $4.31B in 1995 to $1.69B in 2020.

In 2020, Nigeria did not export any services to United States.

United States-Nigeria In 2020, United States exported $4.49B to Nigeria. The main products that United States exported to Nigeria were Cars ($2.24B), Wheat ($312M), and Refined Petroleum ($209M). During the last 25 years the exports of United States to Nigeria have increased at an annualized rate of 8.42%, from $595M in 1995 to $4.49B in 2020.

In 2020, United States did not export any services to Nigeria.

Comparison In 2020,  Nigeria ranked 125 in the Economic Complexity Index (ECI -1.65), and 50 in total exports ($42.4B). That same year, United States ranked 9 in the Economic Complexity Index (ECI 1.56), and 2 in total exports ($1.34T).

Historical Data

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Bilateral Trade by Products

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Depth
Value

In 2020, Nigeria exported $1.69B to United States. The main products exported from Nigeria to United States were Crude Petroleum ($1.19B), Petroleum Gas ($204M), and Refined Petroleum ($169M). During the last 25 years the exports of Nigeria to United States have decreased at an annualized rate of 3.68%, from $4.31B in 1995 to $1.69B in 2020.

In 2020, United States exported $4.49B to Nigeria. The main products exported from United States to Nigeria were Cars ($2.24B), Wheat ($312M), and Refined Petroleum ($209M). During the last 25 years the exports of United States to Nigeria have increased at an annualized rate of 8.42%, from $595M in 1995 to $4.49B in 2020.

Nigeria Exports

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United States Exports

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Market Competitiveness

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Measure

Nigeria
Top Destination
: India, $6.27B

United States
Top Destination
: Canada, $218B

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

In 2019, countries that imported more from Nigeria than United States were Cameroon ($1.21B), Cote d'Ivoire ($899M), and Togo ($652M).

In 2019, countries that imported more from United States than Nigeria were Canada ($218B), Mexico ($196B), and China ($122B).

Comparative Advantage Nigeria - United States

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Flow

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

During 2020, Nigeria had a large net trade with United States in the exports of Mineral Products ($1.56B), Foodstuffs ($35.6M), and Vegetable Products ($31.1M).

During 2020, United States had a large net trade with Nigeria in the exports of Transportation ($2.58B), Machines ($580M), and Mineral Products ($346M).

Economic Complexity

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Competitive Landscape

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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 Nigeria has comparative advantage over United States. Similarly, the more yellow a dot/product is, the more United States has comparative advantage over Nigeria.