Summary
- Belgium → Nigeria
- $4.5billion
- Nigeria → Belgium
- $436million
- Belgium’s balance
- $4.1billion
Balance
Belgium’s trade balance with Nigeria
Trade between Belgium and Nigeria grew 26.4-fold since 1995
USD billions (current). Belgium’s exports and imports; bars: its balance (green surplus, red deficit).
- Exports 4.5
- Imports 0.4
- Balance +4.1
Source: CEPII BACI
Show the numbers
| Year | Exports | Imports | Trade balance |
|---|---|---|---|
| 1995 | $133 million | $55 million | $77 million |
| 1996 | $199 million | $139 million | $60 million |
| 1997 | $201 million | $56 million | $145 million |
| 1998 | $185 million | $75 million | $110 million |
| 1999 | $180 million | $33 million | $147 million |
| 2000 | $299 million | $44 million | $255 million |
| 2001 | $439 million | $39 million | $400 million |
| 2002 | $515 million | $556 million | -$41 million |
| 2003 | $560 million | $93 million | $467 million |
| 2004 | $225 million | $62 million | $163 million |
| 2005 | $266 million | $93 million | $173 million |
| 2006 | $1.2 billion | $132 million | $1 billion |
| 2007 | $3.5 billion | $4.2 billion | -$720 million |
| 2008 | $2 billion | $368 million | $1.6 billion |
| 2009 | $1.6 billion | $363 million | $1.3 billion |
| 2010 | $1.3 billion | $2.1 billion | -$742 million |
| 2011 | $2.2 billion | $299 million | $1.9 billion |
| 2012 | $1.3 billion | $121 million | $1.2 billion |
| 2013 | $1.8 billion | $149 million | $1.6 billion |
| 2014 | $1.2 billion | $153 million | $1.1 billion |
| 2015 | $1.7 billion | $112 million | $1.5 billion |
| 2016 | $2.5 billion | $74 million | $2.4 billion |
| 2017 | $2.5 billion | $195 million | $2.3 billion |
| 2018 | $1.3 billion | $315 million | $940 million |
| 2019 | $1.7 billion | $255 million | $1.5 billion |
| 2020 | $2.1 billion | $375 million | $1.7 billion |
| 2021 | $2.3 billion | $524 million | $1.8 billion |
| 2022 | $6.8 billion | $765 million | $6 billion |
| 2023 | $5.5 billion | $404 million | $5.1 billion |
| 2024 | $4.5 billion | $436 million | $4.1 billion |
What they sell each other
What Belgium sells to Nigeria
The top 10 headings in 2024, with their share of the total.
What Nigeria sells to Belgium
The top 10 headings in 2024, with their share of the total.
How it travels
The estimated sea route between Antwerp and Lagos is 4,303 nautical miles (7,970 km) long: ≈ 10–13 days at sea (at 18 and 14 knots).
Passages it crosses: Strait of Dover.
Sailing estimate without port calls, waiting or transshipment; not a schedule. One main reference port per country: in large countries it does not represent all of its ports.
Split by transport mode
Mode estimated from value per kilo and geography; both directions together.
How much each matters to the other
Nigeria was Belgium’s 24th largest trading partner (0.6% of its trade), and Belgium was Nigeria’s 6th (4%).
- Nigeria in Belgium’s trade
- 0.6%
- Nigeria’s rank among Belgium’s partners
- 24th
- Belgium in Nigeria’s trade
- 4.4%
- Belgium’s rank among Nigeria’s partners
- 6th
Compare with
Other partners of Belgium
Other partners of Nigeria
Sources and methodology
Sources and licenses
- CEPII BACI · Licence Ouverte Etalab 2.0
- World Bank, Global Shipping Traffic Density · CC BY 4.0 (route network derived by this site)
- World Port Index (NGA) · Public domain (US Government work)
- Natural Earth · Public domain
Methodology
Goods trade from CEPII BACI (BACI_HS92_V202601), in current US dollars, with exports and imports reconciled between countries. The transport mode is our own estimate based on value per kilo and geography. The sea route comes from our own network derived from World Bank shipping density (not from nautical charts), between one main reference port per country (World Port Index); days are the distance at 14 and 18 knots, without port calls or waiting. Data up to 2024.
Hong Kong, Singapore, the Netherlands and Belgium re-export goods from other countries: their figures include transit.