Summary
- India → Nigeria
- $2.7billion
- Nigeria → India
- $6.2billion
- India’s balance
- -$3.6billion
Balance
India’s trade balance with Nigeria
Trade between India and Nigeria grew 9.8-fold since 1995
USD billions (current). India’s exports and imports; bars: its balance (green surplus, red deficit).
- Exports 2.7
- Imports 6.2
- Balance -3.6
Source: CEPII BACI
Show the numbers
| Year | Exports | Imports | Trade balance |
|---|---|---|---|
| 1995 | $145 million | $768 million | -$623 million |
| 1996 | $177 million | $1.5 billion | -$1.3 billion |
| 1997 | $301 million | $1.1 billion | -$810 million |
| 1998 | $275 million | $1.2 billion | -$899 million |
| 1999 | $317 million | $2.9 billion | -$2.6 billion |
| 2000 | $356 million | $777 million | -$421 million |
| 2001 | $521 million | $2.2 billion | -$1.6 billion |
| 2002 | $488 million | $2.2 billion | -$1.7 billion |
| 2003 | $591 million | $2.5 billion | -$1.9 billion |
| 2004 | $535 million | $53 million | $482 million |
| 2005 | $850 million | $62 million | $788 million |
| 2006 | $1.2 billion | $5.7 billion | -$4.5 billion |
| 2007 | $1.4 billion | $7.1 billion | -$5.7 billion |
| 2008 | $1.4 billion | $10.2 billion | -$8.7 billion |
| 2009 | $1.6 billion | $5.7 billion | -$4.1 billion |
| 2010 | $2.5 billion | $10.8 billion | -$8.3 billion |
| 2011 | $2.9 billion | $13.6 billion | -$10.8 billion |
| 2012 | $3.3 billion | $14.2 billion | -$10.8 billion |
| 2013 | $2.8 billion | $13.8 billion | -$11 billion |
| 2014 | $3 billion | $16.4 billion | -$13.4 billion |
| 2015 | $2.5 billion | $10.4 billion | -$7.9 billion |
| 2016 | $2 billion | $7.4 billion | -$5.4 billion |
| 2017 | $2.1 billion | $8.3 billion | -$6.3 billion |
| 2018 | $2.8 billion | $11.2 billion | -$8.4 billion |
| 2019 | $4 billion | $10.6 billion | -$6.6 billion |
| 2020 | $4.2 billion | $6.3 billion | -$2.1 billion |
| 2021 | $4.9 billion | $9.2 billion | -$4.3 billion |
| 2022 | $5.2 billion | $8.2 billion | -$3 billion |
| 2023 | $4.1 billion | $3.6 billion | $416 million |
| 2024 | $2.7 billion | $6.2 billion | -$3.6 billion |
What they sell each other
What India sells to Nigeria
The top 10 headings in 2024, with their share of the total.
What Nigeria sells to India
The top 10 headings in 2024, with their share of the total.
How it travels
The estimated sea route between Nhava Sheva (Mumbai) and Lagos is 7,437 nautical miles (13,773 km) long: ≈ 17–22 days at sea (at 18 and 14 knots).
Passages it crosses: 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 India’s 31st largest trading partner (0.8% of its trade), and India was Nigeria’s 3rd (8%).
- Nigeria in India’s trade
- 0.8%
- Nigeria’s rank among India’s partners
- 31st
- India in Nigeria’s trade
- 8%
- India’s rank among Nigeria’s partners
- 3rd
Compare with
Other partners of India
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.