Nigeria

-1.05

Econ Complexity 125th of 185
1980
2014

$99B

Exports 38th of 220
1980
2014

$52.3B

Imports 52nd of 220
1980
2014

$5.91k

GDP Per Capita 119th of 185
1990
2014

Nigeria is the 38th largest export economy in the world and the 125th most complex economy according to the Economic Complexity Index (ECI). In 2014, Nigeria exported $99B and imported $52.3B, resulting in a positive trade balance of $47.4B. In 2014 the GDP of Nigeria was $568B and its GDP per capita was $5.91k.

The top exports of Nigeria are Crude Petroleum ($74B), Petroleum Gas ($13.2B), Refined Petroleum ($4.23B), Pyrophoric Alloys ($1.9B) and Special Purpose Ships ($1.25B), using the 1992 revision of the HS (Harmonized System) classification. Its top imports are Refined Petroleum ($7.83B), Cars ($1.75B), Wheat ($1.46B), Motorcycles ($877M) and Iron Structures ($780M).

The top export destinations of Nigeria are India ($15.2B), Spain ($9.7B), Brazil ($8.77B), the Netherlands ($5.59B) and France ($5.48B). The top import origins are China ($13.6B), the United States ($5.54B), the Netherlands ($3.4B), India ($2.98B) and Belgium-Luxembourg ($2.59B).

Nigeria borders Benin, Cameroon, Niger and Chad by land and Ghana, Equatorial Guinea and Sao Tome and Principe by sea.

Economic Complexity of Nigeria

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