Summary
- Nigeria → Norway
- $276million
- Norway → Nigeria
- $979million
- Nigeria’s balance
- -$704million
Balance
Nigeria’s trade balance with Norway
Trade between Nigeria and Norway grew 90-fold since 1995
USD billions (current). Nigeria’s exports and imports; bars: its balance (green surplus, red deficit).
- Exports 0.3
- Imports 1
- Balance -0.7
Source: CEPII BACI
Show the numbers
| Year | Exports | Imports | Trade balance |
|---|---|---|---|
| 1995 | $602 thousand | $13 million | -$13 million |
| 1996 | $129 thousand | $35 million | -$35 million |
| 1997 | $2 million | $21 million | -$18 million |
| 1998 | $2 million | $28 million | -$26 million |
| 1999 | $3 million | $14 million | -$11 million |
| 2000 | $5 million | $20 million | -$15 million |
| 2001 | $215 thousand | $38 million | -$38 million |
| 2002 | $33 million | $50 million | -$17 million |
| 2003 | $14 million | $121 million | -$107 million |
| 2004 | $278 thousand | $35 million | -$35 million |
| 2005 | $181 thousand | $47 million | -$47 million |
| 2006 | $16 million | $69 million | -$53 million |
| 2007 | $6 million | $110 million | -$104 million |
| 2008 | $17 million | $271 million | -$254 million |
| 2009 | $5 million | $184 million | -$179 million |
| 2010 | $35 million | $455 million | -$420 million |
| 2011 | $143 million | $336 million | -$192 million |
| 2012 | $242 million | $320 million | -$79 million |
| 2013 | $391 million | $578 million | -$188 million |
| 2014 | $193 million | $471 million | -$278 million |
| 2015 | $114 million | $401 million | -$287 million |
| 2016 | $19 million | $460 million | -$441 million |
| 2017 | $52 million | $301 million | -$249 million |
| 2018 | $2 million | $738 million | -$736 million |
| 2019 | $268 million | $531 million | -$262 million |
| 2020 | $338 million | $678 million | -$340 million |
| 2021 | $22 million | $1.3 billion | -$1.3 billion |
| 2022 | $4 million | $1.8 billion | -$1.8 billion |
| 2023 | $290 million | $1.1 billion | -$819 million |
| 2024 | $276 million | $979 million | -$704 million |
What they sell each other
What Nigeria sells to Norway
The top 10 headings in 2024, with their share of the total.
What Norway sells to Nigeria
The top 10 headings in 2024, with their share of the total.
How it travels
The estimated sea route between Lagos and Oslo is 4,806 nautical miles (8,900 km) long: ≈ 11–14.5 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
Mode estimated from value per kilo and geography; both directions together.
How much each matters to the other
Norway was Nigeria’s 22nd largest trading partner (1% of its trade), and Nigeria was Norway’s 29th (0.5%).
- Norway in Nigeria’s trade
- 1.1%
- Norway’s rank among Nigeria’s partners
- 22nd
- Nigeria in Norway’s trade
- 0.5%
- Nigeria’s rank among Norway’s partners
- 29th
Compare with
Other partners of Nigeria
Other partners of Norway
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.