Summary
- China → Nigeria
- $14.3billion
- Nigeria → China
- $3.6billion
- China’s balance
- $10.8billion
Balance
China’s trade balance with Nigeria
Trade between China and Nigeria grew 84.9-fold since 1995
USD billions (current). China’s exports and imports; bars: its balance (green surplus, red deficit).
- Exports 14.3
- Imports 3.6
- Balance +10.8
Source: CEPII BACI
Show the numbers
| Year | Exports | Imports | Trade balance |
|---|---|---|---|
| 1995 | $151 million | $60 million | $91 million |
| 1996 | $209 million | $12 million | $197 million |
| 1997 | $319 million | $11 million | $308 million |
| 1998 | $370 million | $25 million | $344 million |
| 1999 | $325 million | $162 million | $163 million |
| 2000 | $472 million | $304 million | $168 million |
| 2001 | $879 million | $226 million | $653 million |
| 2002 | $1.1 billion | $122 million | $1 billion |
| 2003 | $1.9 billion | $83 million | $1.8 billion |
| 2004 | $1.7 billion | $463 million | $1.3 billion |
| 2005 | $2.3 billion | $527 million | $1.8 billion |
| 2006 | $4.1 billion | $282 million | $3.8 billion |
| 2007 | $4.6 billion | $577 million | $4 billion |
| 2008 | $6.2 billion | $543 million | $5.6 billion |
| 2009 | $6.6 billion | $971 million | $5.6 billion |
| 2010 | $7.5 billion | $1.2 billion | $6.3 billion |
| 2011 | $9.9 billion | $2.3 billion | $7.6 billion |
| 2012 | $9.3 billion | $1.6 billion | $7.7 billion |
| 2013 | $12.1 billion | $1.5 billion | $10.6 billion |
| 2014 | $13.4 billion | $2.8 billion | $10.6 billion |
| 2015 | $11.6 billion | $1.2 billion | $10.4 billion |
| 2016 | $8.8 billion | $903 million | $7.9 billion |
| 2017 | $9.7 billion | $1.7 billion | $8.1 billion |
| 2018 | $12.1 billion | $1.9 billion | $10.1 billion |
| 2019 | $14.6 billion | $2.7 billion | $11.9 billion |
| 2020 | $18 billion | $2.7 billion | $15.3 billion |
| 2021 | $18.2 billion | $3.3 billion | $14.9 billion |
| 2022 | $18 billion | $1.7 billion | $16.4 billion |
| 2023 | $16.5 billion | $2.5 billion | $14 billion |
| 2024 | $14.3 billion | $3.6 billion | $10.8 billion |
What they sell each other
What China sells to Nigeria
The top 10 headings in 2024, with their share of the total.
What Nigeria sells to China
The top 10 headings in 2024, with their share of the total.
How it travels
The estimated sea route between Shanghai and Lagos is 10,552 nautical miles (19,542 km) long: ≈ 24.5–31.5 days at sea (at 18 and 14 knots).
Passages it crosses: Strait of Malacca and Singapore; and Cape of Good Hope.
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 China’s 50th largest trading partner (0.3% of its trade), and China was Nigeria’s largest (16%).
- Nigeria in China’s trade
- 0.3%
- Nigeria’s rank among China’s partners
- 50th
- China in Nigeria’s trade
- 16%
- China’s rank among Nigeria’s partners
- 1st
Compare with
Other partners of China
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.