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Trade between Brazil and Nigeria

In 2024, Brazil exported $1 billion to Nigeria and imported $1.3 billion. Brazil ran a deficit of $295 million with Nigeria, compared with a deficit of $218 million in 2019. Nigeria was Brazil’s 46th largest trading partner (0.4% of its trade), and Brazil was Nigeria’s 15th (2%).

Summary

Brazil → Nigeria
$1billion
Nigeria → Brazil
$1.3billion
Brazil’s balance
-$295million

Balance

Brazil’s trade balance with Nigeria

Trade between Brazil and Nigeria grew 2.9-fold since 1995

USD billions (current). Brazil’s exports and imports; bars: its balance (green surplus, red deficit).

  • Exports 1
  • Imports 1.3
  • Balance -0.3

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$243 million$571 million-$327 million
1996$311 million$261 million$50 million
1997$282 million$577 million-$295 million
1998$488 million$647 million-$159 million
1999$276 million$673 million-$396 million
2000$255 million$690 million-$435 million
2001$409 million$1.4 billion-$1 billion
2002$504 million$1 billion-$507 million
2003$479 million$1.4 billion-$919 million
2004$503 million$3.6 billion-$3.1 billion
2005$950 million$2.7 billion-$1.7 billion
2006$1.5 billion$4 billion-$2.6 billion
2007$2 billion$5.3 billion-$3.3 billion
2008$1.7 billion$6.9 billion-$5.2 billion
2009$1.4 billion$4.9 billion-$3.5 billion
2010$1.3 billion$6.1 billion-$4.8 billion
2011$1.7 billion$7.8 billion-$6 billion
2012$2 billion$7.4 billion-$5.3 billion
2013$1.2 billion$10.8 billion-$9.7 billion
2014$1.1 billion$9.4 billion-$8.3 billion
2015$825 million$4.8 billion-$3.9 billion
2016$786 million$1.4 billion-$573 million
2017$768 million$847 million-$79 million
2018$724 million$1.4 billion-$720 million
2019$668 million$886 million-$218 million
2020$735 million$483 million$252 million
2021$988 million$1.1 billion-$94 million
2022$952 million$2 billion-$1.1 billion
2023$1.1 billion$704 million$365 million
2024$1 billion$1.3 billion-$295 million

What they sell each other

What Brazil sells to Nigeria

The top 10 headings in 2024, with their share of the total.

  1. Cane and beet sugar$704 million · 68%
    1.5 million tonnes · Brazil’s destinations
  2. Ethyl alcohol (ethanol)$100 million · 9.7%
    133 thousand tonnes · Brazil’s destinations
  3. Corn$53 million · 5.2%
    213 thousand tonnes · Brazil’s destinations
  4. Airplanes and helicopters$28 million · 2.7%
    21 tonnes · Brazil’s destinations
  5. 11 thousand tonnes
  6. Salt$13 million · 1.3%
    496 thousand tonnes
  7. Raw tobacco$13 million · 1.2%
    2 thousand tonnes · Brazil’s destinations
  8. Tanned cattle hides$10 million · 0.98%
    33 thousand tonnes
  9. Writing and printing paper$10 million · 0.94%
    6 thousand tonnes
  10. Malt extract and food mixes$7 million · 0.64%
    3 thousand tonnes

What Nigeria sells to Brazil

The top 10 headings in 2024, with their share of the total.

  1. Nitrogen fertilizers$572 million · 43%
    1.6 million tonnes
  2. Crude petroleum$397 million · 29.9%
    607 thousand tonnes · Nigeria’s destinations
  3. Natural gas and LPG$180 million · 13.5%
    69 thousand tonnes
  4. Refined petroleum$157 million · 11.8%
    198 thousand tonnes · Nigeria’s destinations
  5. 6 thousand tonnes
  6. Eyeglasses and sunglasses$6 million · 0.44%
    6 thousand tonnes
  7. Float glass$5 million · 0.4%
    26 thousand tonnes
  8. Tanned sheepskin$2 million · 0.13%
    249 tonnes
  9. 700 tonnes
  10. Iron or steel anchors$1 million · 0.08%
    232 tonnes

How it travels

Estimated sea route from Santos to Lagos.

The estimated sea route between Santos and Lagos is 3,753 nautical miles (6,950 km) long: ≈ 8.5–11 days at sea (at 18 and 14 knots).

It does not cross any major canal or strait.

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

  1. Sea$2.2 billion · 91.4%
  2. Air$203 million · 8.6%

Mode estimated from value per kilo and geography; both directions together.

How much each matters to the other

Nigeria was Brazil’s 46th largest trading partner (0.4% of its trade), and Brazil was Nigeria’s 15th (2%).

Nigeria in Brazil’s trade
0.4%
Nigeria’s rank among Brazil’s partners
46th
Brazil in Nigeria’s trade
2.1%
Brazil’s rank among Nigeria’s partners
15th

Compare with

Sources and methodology

Sources and licenses

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.