Nigeria (NGA) and Algeria (DZA) Trade | The Observatory of Economic Complexity

About

Nigeria-Algeria Trade: In 2022, Nigeria exported $3.36M to Algeria. The main products that Nigeria exported to Algeria were Other Oily Seeds ($1.82M), Float Glass ($664k), and Cocoa Paste ($661k). Over the past 6 years the exports of Nigeria to Algeria have increased at an annualized rate of 14.8%, from $1.46M in 2016 to $3.36M in 2022.

In 2022, Nigeria did not export any services to Algeria.

Algeria-Nigeria Trade: In 2022, Algeria exported $41.6M to Nigeria. The main products that Algeria exported to Nigeria were Refined Petroleum ($34.4M), Cranes ($6.74M), and Drafting Tools ($148k). Over the past 6 years the exports of Algeria to Nigeria have increased at an annualized rate of 65.5%, from $3.35M in 2016 to $41.6M in 2022.

In 2022, Algeria did not export any services to Nigeria.

Comparison: In 2022, Nigeria ranked 127 in the Economic Complexity Index (ECI -1.67), and 51 in total exports ($70.7B). That same year, Algeria ranked 95 in the Economic Complexity Index (ECI -0.64), and 55 in total exports ($58.6B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Nigeria exported $3.36M to Algeria. The main products exported from Nigeria to Algeria were Other Oily Seeds ($1.82M), Float Glass ($664k), and Cocoa Paste ($661k). During the last 6 years the exports of Nigeria to Algeria have increased at an annualized rate of 14.8%, from $1.46M in 2016 to $3.36M in 2022.

In 2017, Algeria exported $41.6M to Nigeria. The main products exported from Algeria to Nigeria were Refined Petroleum ($34.4M), Cranes ($6.74M), and Drafting Tools ($148k). During the last 5 years the exports of Algeria to Nigeria have increased at an annualized rate of 65.5%, from $3.35M in 2022 to $41.6M in 2017.

Exports from Nigeria () to Algeria () (2022)

Exports from Algeria () to Nigeria () (2022)

Latest Data

Trade between Nigeria () and Algeria ()

Nigeria Exports

Date

Algeria Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Nigeria
Top DestinationSpain$9.41B

Algeria
Top DestinationItaly$16.9B

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

In 2022, countries that imported more from Nigeria than Algeria included India ($8.2B), Indonesia ($3.83B), and Spain ($9.41B).

In 2022, countries that imported more from Algeria than Nigeria included Italy ($16.9B), France ($6.99B), and Tunisia ($1.54B).

Difference in imports from Algeria () and Nigeria () (2022)

Comparative Advantage Nigeria - Algeria

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Nigeria had a large net trade with Algeria in the exports of Vegetable Products ($2.01M), Stone And Glass ($664k), and Foodstuffs ($661k).

During 2017, Algeria had a large net trade with Nigeria in the exports of Mineral Products ($34.4M), Machines ($6.76M), and Instruments ($278k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Nigeria Algeria+$902kOther Oily Seeds

Top Product Potential Algeria Nigeria+$59.5MRefined Petroleum

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Nigeria () to Algeria () (2022)

Exports from Algeria () to Nigeria () (2022)

Latest Data

Trade between Nigeria () and Algeria ()

Nigeria Exports

Algeria Exports

Market Competitiveness

Difference in imports from Algeria () and Nigeria () (2022)

Comparative Advantage Nigeria - Algeria

Potential Exports

Potential Exports

Subscribe today to OEC pro and access the latest data

Subscribe today to OEC pro and access the latest data

Economic Complexity

Competitive Landscape

Product Space of Nigeria () and Algeria () (2022)

Keep Exploring