Nigeria

-2.07

Econ Complexity 140th of 184
1980
2015

$47.8B

Exports 49th of 221
1980
2015

$39.5B

Imports 53rd of 221
1980
2015

$6k

GDP Per Capita 124th of 184
1990
2015

Nigeria is the 49th largest export economy in the world and the 140th most complex economy according to the Economic Complexity Index (ECI). In 2015, Nigeria exported $47.8B and imported $39.5B, resulting in a positive trade balance of $8.26B. In 2015 the GDP of Nigeria was $481B and its GDP per capita was $6k.

The top exports of Nigeria are Crude Petroleum ($36.9B), Petroleum Gas ($7.39B), Refined Petroleum ($603M), Cocoa Beans ($504M) and Rough Wood ($333M), using the 1992 revision of the HS (Harmonized System) classification. Its top imports are Refined Petroleum ($6B), Wheat ($1.09B), Packaged Medicaments ($954M), Cars ($809M) and Telephones ($745M).

The top export destinations of Nigeria are India ($9.1B), Spain ($4.63B), South Africa ($4.58B), Brazil ($4.14B) and the Netherlands ($3.37B). The top import origins are China ($13.6B), the United States ($3.24B), the Netherlands ($3.22B), India ($2.28B) and Belgium-Luxembourg ($1.98B).

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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