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Trade between Germany and Nigeria

In 2024, Germany exported $961 million to Nigeria and imported $2 billion. Germany ran a deficit of $1.1 billion with Nigeria, compared with a deficit of $1.3 billion in 2019. Nigeria was Germany’s 67th largest trading partner (0.1% of its trade), and Germany was Nigeria’s 10th (3%).

Summary

Germany → Nigeria
$961million
Nigeria → Germany
$2billion
Germany’s balance
-$1.1billion

Balance

Germany’s trade balance with Nigeria

Trade between Germany and Nigeria grew 2.7-fold since 1995

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

  • Exports 1
  • Imports 2
  • Balance -1.1

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$401 million$685 million-$283 million
1996$672 million$708 million-$36 million
1997$789 million$886 million-$97 million
1998$716 million$318 million$399 million
1999$622 million$206 million$416 million
2000$710 million$495 million$215 million
2001$890 million$636 million$253 million
2002$737 million$539 million$197 million
2003$851 million$755 million$96 million
2004$825 million$370 million$455 million
2005$798 million$882 million-$85 million
2006$1.3 billion$1.8 billion-$421 million
2007$1.7 billion$1.2 billion$524 million
2008$2.1 billion$1.3 billion$851 million
2009$1.3 billion$1.6 billion-$306 million
2010$1.2 billion$2.7 billion-$1.5 billion
2011$2.9 billion$5.1 billion-$2.2 billion
2012$1.5 billion$5.7 billion-$4.2 billion
2013$1.8 billion$5.6 billion-$3.7 billion
2014$1.9 billion$5.3 billion-$3.4 billion
2015$1.2 billion$2.3 billion-$1.1 billion
2016$1 billion$1.5 billion-$487 million
2017$1.3 billion$1.8 billion-$476 million
2018$1.1 billion$2.8 billion-$1.6 billion
2019$1.3 billion$2.7 billion-$1.3 billion
2020$1.4 billion$1.8 billion-$332 million
2021$1.3 billion$1.4 billion-$38 million
2022$1.3 billion$2.4 billion-$1.2 billion
2023$1.1 billion$2.1 billion-$979 million
2024$961 million$2 billion-$1.1 billion

What they sell each other

What Germany sells to Nigeria

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

  1. Other industrial machines$55 million · 5.7%
    2 thousand tonnes
  2. Malt extract and food mixes$50 million · 5.2%
    17 thousand tonnes
  3. Other food preparations$42 million · 4.4%
    9 thousand tonnes
  4. Stamps and banknotes$33 million · 3.5%
    624 tonnes
  5. 653 tonnes
  6. 488 tonnes
  7. Cars$26 million · 2.7%
    5 thousand tonnes · Germany’s destinations
  8. Powdered and condensed milk$22 million · 2.2%
    8 thousand tonnes · Germany’s destinations
  9. Plastic sheets and film$21 million · 2.2%
    2 thousand tonnes
  10. Airplanes and helicopters$20 million · 2.1%
    11 tonnes · Germany’s destinations

What Nigeria sells to Germany

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

  1. Crude petroleum$1.5 billion · 76.2%
    2.4 million tonnes · Nigeria’s destinations
  2. Cocoa butter$157 million · 7.8%
    12 thousand tonnes
  3. Cocoa beans$87 million · 4.3%
    11 thousand tonnes · Nigeria’s destinations
  4. Natural gas and LPG$80 million · 3.9%
    1 thousand tonnes
  5. Chocolate$35 million · 1.7%
    9 thousand tonnes · Germany’s sources
  6. Cocoa paste$29 million · 1.4%
    7 thousand tonnes
  7. Other oilseeds$16 million · 0.79%
    7 thousand tonnes
  8. 6 thousand tonnes
  9. Refined petroleum$9 million · 0.43%
    13 thousand tonnes · Nigeria’s destinations
  10. 2 thousand tonnes

How it travels

Estimated sea route from Hamburg to Lagos.

The estimated sea route between Hamburg and Lagos is 4,591 nautical miles (8,502 km) long: ≈ 10.5–13.5 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

  1. Sea$2.6 billion · 87.1%
  2. Air$384 million · 12.9%

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

How much each matters to the other

Nigeria was Germany’s 67th largest trading partner (0.1% of its trade), and Germany was Nigeria’s 10th (3%).

Nigeria in Germany’s trade
0.1%
Nigeria’s rank among Germany’s partners
67th
Germany in Nigeria’s trade
2.7%
Germany’s rank among Nigeria’s partners
10th

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.