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Trade between Nigeria and Turkey

In 2024, Nigeria exported $590 million to Turkey and imported $700 million. Nigeria ran a deficit of $109 million with Turkey, compared with a surplus of $787 million in 2019. Turkey was Nigeria’s 20th largest trading partner (1% of its trade), and Nigeria was Turkey’s 63rd (0.2%).

Summary

Nigeria → Turkey
$590million
Turkey → Nigeria
$700million
Nigeria’s balance
-$109million

Balance

Nigeria’s trade balance with Turkey

Trade between Nigeria and Turkey grew 62.1-fold since 1995

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

  • Exports 0.6
  • Imports 0.7
  • Balance -0.1

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$8 million$13 million-$5 million
1996$18 million$18 million-$472 thousand
1997$17 million$39 million-$22 million
1998$3 million$28 million-$25 million
1999$24 million$51 million-$27 million
2000$7 million$46 million-$39 million
2001$5 million$69 million-$64 million
2002$4 million$69 million-$65 million
2003$20 million$69 million-$49 million
2004$34 million$79 million-$45 million
2005$31 million$97 million-$65 million
2006$87 million$117 million-$29 million
2007$166 million$159 million$7 million
2008$83 million$255 million-$173 million
2009$265 million$391 million-$126 million
2010$283 million$327 million-$44 million
2011$648 million$1 billion-$372 million
2012$494 million$486 million$8 million
2013$507 million$568 million-$61 million
2014$2.1 billion$610 million$1.5 billion
2015$728 million$398 million$329 million
2016$347 million$280 million$66 million
2017$555 million$388 million$167 million
2018$652 million$428 million$224 million
2019$1.5 billion$670 million$787 million
2020$1.2 billion$755 million$470 million
2021$1.1 billion$832 million$219 million
2022$1.2 billion$862 million$351 million
2023$1.3 billion$761 million$520 million
2024$590 million$700 million-$109 million

What they sell each other

What Nigeria sells to Turkey

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

  1. Crude petroleum$383 million · 64.8%
    482 thousand tonnes · Nigeria’s destinations
  2. Natural gas and LPG$93 million · 15.7%
    93 thousand tonnes
  3. Cocoa beans$40 million · 6.8%
    6 thousand tonnes · Nigeria’s destinations
  4. Other oilseeds$14 million · 2.4%
    10 thousand tonnes
  5. Soybean meal and pellets$12 million · 2%
    23 thousand tonnes
  6. Oilseed flours$8 million · 1.3%
    20 thousand tonnes
  7. Unwrought lead$7 million · 1.2%
    4 thousand tonnes
  8. 2 thousand tonnes
  9. Float glass$4 million · 0.63%
    10 thousand tonnes
  10. Soybeans$4 million · 0.61%
    7 thousand tonnes · Turkey’s sources

What Turkey sells to Nigeria

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

  1. Airplanes and helicopters$187 million · 26.8%
    18 tonnes
  2. Starches$28 million · 4%
    69 thousand tonnes
  3. 5 thousand tonnes
  4. Steel structures$22 million · 3.1%
    11 thousand tonnes
  5. Other food preparations$22 million · 3.1%
    6 thousand tonnes
  6. Cables and wire$20 million · 2.9%
    3 thousand tonnes · Turkey’s destinations
  7. Furniture$19 million · 2.8%
    5 thousand tonnes · Turkey’s destinations
  8. Other sugars$18 million · 2.6%
    40 thousand tonnes
  9. Seats and chairs$14 million · 2%
    3 thousand tonnes
  10. Control panels$12 million · 1.8%
    373 tonnes

How it travels

Estimated sea route from Lagos to Istanbul.

The estimated sea route between Lagos and Istanbul is 5,036 nautical miles (9,327 km) long: ≈ 11.5–15 days at sea (at 18 and 14 knots).

Passages it crosses: Strait of Gibraltar and Dardanelles.

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$1.1 billion · 81.8%
  2. Air$234 million · 18.2%

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

How much each matters to the other

Turkey was Nigeria’s 20th largest trading partner (1% of its trade), and Nigeria was Turkey’s 63rd (0.2%).

Turkey in Nigeria’s trade
1.2%
Turkey’s rank among Nigeria’s partners
20th
Nigeria in Turkey’s trade
0.2%
Nigeria’s rank among Turkey’s partners
63rd

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.