globaltraffic.earth

Trade between Canada and Nigeria

In 2024, Canada exported $370 million to Nigeria and imported $1.4 billion. Canada ran a deficit of $1.1 billion with Nigeria, compared with a surplus of $233 million in 2019. Nigeria was Canada’s 41st largest trading partner (0.2% of its trade), and Canada was Nigeria’s 16th (2%).

Summary

Canada → Nigeria
$370million
Nigeria → Canada
$1.4billion
Canada’s balance
-$1.1billion

Balance

Canada’s trade balance with Nigeria

Trade between Canada and Nigeria grew 4-fold since 1995

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

  • Exports 0.4
  • Imports 1.4
  • Balance -1.1

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$19 million$426 million-$407 million
1996$44 million$228 million-$184 million
1997$94 million$375 million-$281 million
1998$132 million$202 million-$71 million
1999$26 million$175 million-$149 million
2000$44 million$275 million-$230 million
2001$68 million$123 million-$56 million
2002$52 million$115 million-$62 million
2003$55 million$281 million-$226 million
2004$62 million$72 million-$10 million
2005$89 million$145 million-$56 million
2006$217 million$583 million-$365 million
2007$171 million$250 million-$78 million
2008$110 million$783 million-$673 million
2009$198 million$363 million-$165 million
2010$215 million$1.5 billion-$1.2 billion
2011$227 million$2.5 billion-$2.3 billion
2012$298 million$1.8 billion-$1.5 billion
2013$422 million$1.1 billion-$650 million
2014$509 million$194 million$315 million
2015$372 million$816 million-$444 million
2016$260 million$1.2 billion-$928 million
2017$387 million$716 million-$329 million
2018$394 million$331 million$63 million
2019$433 million$201 million$233 million
2020$604 million$437 million$167 million
2021$508 million$1.5 billion-$946 million
2022$572 million$1.2 billion-$594 million
2023$468 million$2 billion-$1.5 billion
2024$370 million$1.4 billion-$1.1 billion

What they sell each other

What Canada sells to Nigeria

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

  1. Wheat$229 million · 61.9%
    811 thousand tonnes · Canada’s destinations
  2. Cars$98 million · 26.6%
    9 thousand tonnes · Canada’s destinations
  3. Aircraft parts$5 million · 1.4%
    9 tonnes
  4. Valves and taps$2 million · 0.5%
    43 tonnes
  5. Turbojets and gas turbines$2 million · 0.47%
    1 tonne · Canada’s destinations
  6. Auto parts$2 million · 0.47%
    390 tonnes · Canada’s destinations
  7. Aluminum oxide and hydroxide$2 million · 0.42%
    994 tonnes
  8. Newsprint$2 million · 0.41%
    3 thousand tonnes
  9. 101 tonnes
  10. Other industrial machines$1 million · 0.32%
    49 tonnes

What Nigeria sells to Canada

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

  1. Crude petroleum$1.3 billion · 93.4%
    2.5 million tonnes · Nigeria’s destinations
  2. Cocoa beans$67 million · 4.7%
    14 thousand tonnes · Nigeria’s destinations
  3. Soybeans$11 million · 0.77%
    16 thousand tonnes
  4. Other oilseeds$3 million · 0.22%
    1 thousand tonnes
  5. Legume and root flours$1 million · 0.09%
    1 thousand tonnes
  6. Natural rubber$1 million · 0.08%
    605 tonnes
  7. Pasta$952 thousand · 0.07%
    566 tonnes
  8. 634 tonnes
  9. 298 tonnes
  10. Wigs$701 thousand · 0.05%
    13 tonnes

How it travels

Estimated sea route from Vancouver to Lagos.

The estimated sea route between Vancouver and Lagos is 9,348 nautical miles (17,313 km) long: ≈ 21.5–28 days at sea (at 18 and 14 knots).

Passages it crosses: Panama Canal.

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$1.8 billion · 97.5%
  2. Air$45 million · 2.5%

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

How much each matters to the other

Nigeria was Canada’s 41st largest trading partner (0.2% of its trade), and Canada was Nigeria’s 16th (2%).

Nigeria in Canada’s trade
0.2%
Nigeria’s rank among Canada’s partners
41st
Canada in Nigeria’s trade
1.6%
Canada’s rank among Nigeria’s partners
16th

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.