Nigeria vs USA: 2023 Trade Comparison

Side-by-side stats from CEPII BACI. Bold values mark the larger figure.

NigeriaMetricUSA
$63.09BTotal exports$1.90T
$69.80BTotal imports$2.98T
$-6.71BTrade balance$-1.08T
$132.89BTotal trade volume$4.87T
#52Global export rank#2
#51Global import rank#1

Direct trade between Nigeria and USA

NigeriaUSA
$6.14B
USANigeria
$2.76B

Nigeria top exports

  • petroleum oils and oils obtained from bituminous minerals, crude$45.57B
  • liquefied, natural gas$6.91B
  • gold, non-monetary, unwrought (but not powder)$1.39B
  • nitrogenous, urea, whether or not in aqueous solution$1.06B
  • whole or broken, raw or roasted$753.05M

USA top exports

  • petroleum oils and oils obtained from bituminous minerals, crude$124.16B
  • preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals$115.84B
  • liquefied, natural gas$39.59B
  • consisting of mixed or unmixed products n.e.c. in heading no. 3004, for therapeutic or prophylactic uses, packaged for retail sale$33.69B
  • of an unladen weight exceeding 15,000kg$31.57B

Shared top trade partners

Both countries appear as major export destinations for 4 of the same partners:

ChinaUnited KingdomNetherlandsIndia