Kuwait vs Nigeria: Goods exports

Kuwait
70.69 billion BoP, current US$
in 2025
Nigeria
57.49 billion BoP, current US$
in 2025
Kuwait rank
47th
Nigeria rank
50th

Goods exports over time

  • Kuwait
  • Nigeria
025.0B50.0B75.0B100.0B125.0B197520002025

How they compare

Kuwait currently reports 70.69 billion BoP, current US$ against 57.49 billion BoP, current US$ in Nigeria, a difference of 13.20 billion BoP, current US$.

That makes Kuwait's figure about 1.2 times Nigeria's.

The two have swapped places 15 times across 47 shared years of data; in 1977 it was Nigeria ahead.

Kuwait ranks 47th and Nigeria ranks 50th of 198 countries.

Across the 6 decades both report, Kuwait averaged higher in 3 and Nigeria in 3.

Head to head by decade

Decade Kuwait Nigeria Difference Ahead
1970s 12.64 billion BoP, current US$ 13.18 billion BoP, current US$ 546.00 million BoP, current US$ Nigeria
1980s 11.60 billion BoP, current US$ 11.87 billion BoP, current US$ 263.52 million BoP, current US$ Nigeria
1990s 11.49 billion BoP, current US$ 7.49 billion BoP, current US$ 4.00 billion BoP, current US$ Kuwait
2000s 40.75 billion BoP, current US$ 43.16 billion BoP, current US$ 2.41 billion BoP, current US$ Nigeria
2010s 80.92 billion BoP, current US$ 70.70 billion BoP, current US$ 10.21 billion BoP, current US$ Kuwait
2020s 73.56 billion BoP, current US$ 52.22 billion BoP, current US$ 21.34 billion BoP, current US$ Kuwait

Averages of every year both report within each decade.

Frequently asked questions

Which has higher goods exports, Kuwait or Nigeria?
Kuwait, at 70.69 billion BoP, current US$ against 57.49 billion BoP, current US$ in Nigeria as of 2025.
What is the difference in goods exports between Kuwait and Nigeria?
13.20 billion BoP, current US$, with Kuwait ahead.
How many years of comparable data are there for Kuwait and Nigeria?
47 years are reported by both, from 1977 to 2025.
How do Kuwait and Nigeria rank globally for goods exports?
Kuwait ranks 47th and Nigeria ranks 50th of 198 countries.
Where does this data come from?
Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as Goods exports (BoP, current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.

Individual pages

About this data

Indicator
Goods exports (BoP, current US$)
Unit
BoP, current US$
Source
Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
244 places, 9,631 data points, 1960–2025
Last refreshed

Exports of goods occur when there are changes in the economic ownership of goods from residents of the compiling economy to non-residents, irrespective of physical movement of goods across national borders. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.