Nigeria-Jamaica Bilateral Trade Analysis 2023

Complete trade statistics: $166.43M total volume •Nigeria surplus: $166.43M

NigeriaJamaica

$166.43M

Exports (2023)

JamaicaNigeria

$0

Imports (2023)

Trade Balance

$166.43M

Surplus for Nigeria

Total Trade

$166.43M

Combined Volume

Trade Flow Visualization

Direct trade relationship between Nigeria and Jamaica. Green line shows exports from Nigeria, red line shows imports.

Detailed Product Trade Analysis

Comprehensive breakdown of trade flows by product category, revealing the specialized nature of the Nigeria-Jamaica commercial relationship and competitive positioning in global markets.

NigeriaJamaica Exports

$166.43M
2023 Total

Export Market Intelligence

Product Diversity:
Specialized Focus
Market Share:
99.9% top product
1Petroleum gases and other gaseous hydrocarbons: liquefied, natural gas
$166.30M
99.9% of exports
2Plants and parts (including seeds and fruits) n.e.c. in heading no. 1211, of a kind used primarily in perfumery, in pharmacy or for insecticidal, fungicidal or similar purposes, fresh, chilled, frozen or dried, whether or not cut, crushed or powdered
$89,439
0.1% of exports
3Non-alcoholic beverages: other than non-alcoholic beer, n.e.c. in item no. 2202.10, not including fruit or vegetable juices of heading no. 2009
$21,110
0.0% of exports
4Fruit, edible: fruit n.e.c. in heading no. 0812, dried
$7,649
0.0% of exports
5Hairpins, curling pins, curling grips, hair curlers and the like (not those of heading no. 8516) and parts thereof
$1,691
0.0% of exports

🎯 Strategic Export Focus

Nigeria's export portfolio to Jamaica demonstrates strategic specialization, with petroleum gases and other gaseous hydrocarbons: liquefied, natural gas representing a key competitive advantage in this bilateral market.

JamaicaNigeria Imports

$0
2023 Total

Import Dependency Profile

Supply Diversity:
Concentrated
Critical Imports:
Infinity% concentration
1Helicopters: of an unladen weight exceeding 2000kg
$42,063
Infinity% of imports
2Vehicles: spark-ignition internal combustion piston engine, for transport of goods, (of a g.v.w. not exceeding 5 tonnes), n.e.c. in item no 8704.1
$28,977
Infinity% of imports
3Vehicle parts and accessories: n.e.c. in heading no. 8708
$17,501
Infinity% of imports
4Vehicles: spark-ignition internal combustion piston engine, for transport of goods, (of a g.v.w. exceeding 5 tonnes), n.e.c. in item no 8704.1
$12,759
Infinity% of imports
5Machines and apparatus of a kind used solely or principally for the manufacture of semiconductor devices or of electronic integrated circuits
$10,631
Infinity% of imports

📦 Import Strategy Analysis

Nigeria's import pattern from Jamaica reveals significant dependencyin helicopters: of an unladen weight exceeding 2000kg, highlighting complementary economic structures and potential supply chain optimization opportunities.

Competitive Trade Position Analysis

🏆

Market Leadership

Nigeria demonstrates competitive strength in exportingpetroleum gases and other gaseous hydrocarbons: liquefied, natural gas to Jamaica, leveraging comparative advantages.

Export Leader in 5+ Categories
🔄

Trade Complementarity

The bilateral relationship showsmoderatecomplementarity, with each country specializing in different sectors.

Specialized Exchange
📈

Growth Potential

The $166.43M trade volume indicates substantial economic integration with room for expansion in emerging sectors.

Significant Partnership

Executive Summary: Nigeria-Jamaica Trade Relationship

Key Trade Highlights 2023

  • Total Trade Volume: $166.43 millionrepresenting a significant bilateral economic relationship
  • Trade Balance: Nigeria maintains a surplus of $166.43 million
  • Export Focus: Nigeria's primary exports include petroleum gases and other gaseous hydrocarbons: liquefied, natural gas, plants and parts (including seeds and fruits) n.e.c. in heading no. 1211, of a kind used primarily in perfumery, in pharmacy or for insecticidal, fungicidal or similar purposes, fresh, chilled, frozen or dried, whether or not cut, crushed or powdered, non-alcoholic beverages: other than non-alcoholic beer, n.e.c. in item no. 2202.10, not including fruit or vegetable juices of heading no. 2009
  • Import Dependencies: Key imports from Jamaica include helicopters: of an unladen weight exceeding 2000kg, vehicles: spark-ignition internal combustion piston engine, for transport of goods, (of a g.v.w. not exceeding 5 tonnes), n.e.c. in item no 8704.1, vehicle parts and accessories: n.e.c. in heading no. 8708

Strategic Trade Indicators

Trade IntensityHigh
Export DiversificationConcentrated
Trade Balance HealthImbalanced

📈 Market Position: This bilateral trade relationship represents an important regional trade partnerships, with complementary economic strengths driving sustained commercial exchange.

Historical Trade Analysis & Economic Context

Trade Evolution Timeline

2019-2023: Recent Trends

Current trade volume of $166.43M represents the culmination of evolving bilateral commercial relationships, influenced by global supply chain shifts and changing economic priorities.

2015-2019: Growth Period

Sustained expansion in bilateral trade driven by complementary economic structures, with Nigeria leveraging its comparative advantages in petroleum gases and other gaseous hydrocarbons: liquefied, natural gas.

2010-2015: Foundation Building

Establishment of modern trade frameworks and reduction of barriers, facilitating increased commercial exchange and investment flows between the two economies.

Pre-2010: Early Development

Initial stages of bilateral trade relationship development, with focus on traditional export-import patterns and gradual market integration.

Key Economic Drivers

1

Comparative Advantage

Nigeria's specialization in petroleum gases and other gaseous hydrocarbons: liquefied, natural gascomplements Jamaica's demand patterns, creating natural trade synergies.

2

Supply Chain Integration

Deep integration in global value chains has strengthened bilateral linkages, particularly in helicopters: of an unladen weight exceeding 2000kg.

3

Market Access & Trade Policy

Favorable trade agreements and market access conditions have facilitated the growth of this $166.43M bilateral relationship.

Trade Pattern Insights

Trade ComplementarityAsymmetric
Seasonal VariationsModerate
Product ConcentrationMedium
Market DependencyHigh
🔮

Trade Relationship Outlook

The $166.43M bilateral trade volume positions this relationship for continued growth, supported by technological advancement, evolving consumer preferences, and strengthening economic ties. Key opportunities lie in expanding cooperation in emerging sectors while managing potential supply chain vulnerabilities.

Economic Impact & Strategic Outlook

Economic Impact Assessment

💰

Trade Volume Impact

The $166.43 million bilateral trade volume represents a important trade relationshipfor both economies.

Economic Significance: Moderate
🏭

Industrial Integration

Trade flows in petroleum gases and other gaseous hydrocarbons: liquefied, natural gas and helicopters: of an unladen weight exceeding 2000kg demonstrate deep industrial linkages and supply chain integration.

Supply Chain Integration: Specialized
⚖️

Trade Balance Effects

Nigeria's trade surplus of $166.43 million strengthens its overall economic position in this bilateral relationship.

Balance Impact: Export Advantage

Strategic Future Outlook

🚀Growth Opportunities

Emerging Sectors
Technology transfer and innovation cooperation in plants and parts (including seeds and fruits) n.e.c. in heading no. 1211, of a kind used primarily in perfumery, in pharmacy or for insecticidal, fungicidal or similar purposes, fresh, chilled, frozen or dried, whether or not cut, crushed or powdered present expansion opportunities.
Market Diversification
Beyond current focus on helicopters: of an unladen weight exceeding 2000kg, new product categories offer potential for trade expansion.

⚠️Risk Factors

Supply Chain Vulnerabilities
High trade imbalance may create supply chain risks
Market Competition
Global competition in petroleum gases and other gaseous hydrocarbons: liquefied, natural gas may affect future market positioning.

🎯Strategic Recommendations

  • Strengthen cooperation in high-value sectors beyond current trade patterns
  • Develop alternative supply chains to reduce dependency risks
  • Explore joint ventures in emerging technology sectors
  • Enhance trade facilitation and reduce transaction costs

Market Position & Competitive Summary

The bilateral trade relationship between Nigeria and Jamaica represents a total trade volume of $166.43 million in 2023. This partnership demonstrates a favorable trade balance for Nigeria, with exports exceeding importsby $166.43 million.

Export Strengths

Nigeria's exports to Jamaica total $166.43 million, with competitive advantages in petroleum gases and other gaseous hydrocarbons: liquefied, natural gas, representing $166.30M or99.9% of bilateral exports.

Import Dependencies

Imports from Jamaica amount to $0.00, highlighting economic interdependence in helicopters: of an unladen weight exceeding 2000kg, with Helicopters: of an unladen weight exceeding 2000kg comprisingInfinity% of total imports.

The trade relationship reflects broader economic patterns and comparative advantages. The trade surplus indicates Nigeria's competitive position in this bilateral relationship. This partnership is characterized by complementary trade flows, with each country specializing in different product categories based on their respective economic strengths, industrial capabilities, and position in global value chains.

Download Bilateral Trade Data

Access detailed trade data between Nigeria and Jamaica in multiple formats.

Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023