{
  "template": "Corridor pair risk profile",
  "pageType": "Corridor pair risk profile",
  "source": "api",
  "generatedAt": "2026-08-29T11:47:53.476Z",
  "seo": {
    "title": "Argentina exports to Nigeria: Trade Route Risk | Yugalinks",
    "description": "Understand reported exports from Argentina to Nigeria, the product routes that need a closer look, and the conditions that may affect planning."
  },
  "publisher": {
    "name": "Yugalinks",
    "url": "https://www.yugalinks.com",
    "email": "support@yugalinks.com",
    "linkedin": "https://in.linkedin.com/company/yugalinks"
  },
  "exporter": {
    "iso3": "ARG",
    "country_name": "Argentina"
  },
  "importer": {
    "iso3": "NGA",
    "country_name": "Nigeria"
  },
  "latestYear": 2024,
  "risk": {
    "exporter_iso3": "ARG",
    "importer_iso3": "NGA",
    "all_history_lane_count": 108,
    "current_lane_count": 25,
    "current_product_count": 25,
    "first_observed_last_year": 1996,
    "latest_data_year": 2024,
    "current_trade_usd": 130555915.70017911,
    "attention_trade_usd": 127907091.3201,
    "critical_trade_usd": 20994202.06919506,
    "high_volatility_trade_usd": 73218302.11186974,
    "unrecovered_drawdown_trade_usd": 47387731.021495484,
    "declining_demand_trade_usd": 0,
    "concentrated_market_trade_usd": 105922051.39930116,
    "access_friction_trade_usd": 130555915.70017911,
    "buyer_macro_weakness_trade_usd": 130555915.70017911,
    "critical_lane_count": 1,
    "high_attention_lane_count": 11,
    "high_volatility_lane_count": 12,
    "unrecovered_drawdown_lane_count": 13,
    "declining_demand_lane_count": 0,
    "concentrated_market_lane_count": 13,
    "access_friction_lane_count": 25,
    "trade_weighted_volatility_cv": 1.260782411614261,
    "trade_weighted_below_peak_pct": 29.607146821482896,
    "product_concentration_hhi": 1623.2282033149868,
    "top1_product_share_pct": 27.972671545298578,
    "top3_product_share_pct": 62.631471176679035,
    "top_product_hs6": "100590",
    "top_product_trade_usd": 36519977.481768005,
    "top_product_description": "Cereals: maize (corn), other than seed",
    "top_attention_product_hs6": "100590",
    "top_attention_product_reason": "Trade has varied substantially across reported years",
    "distance_km": 7938.36279296875,
    "shares_land_border": 0,
    "shares_official_language": 0,
    "common_spoken_language_score": 0,
    "has_reported_fta": 0,
    "avg_applied_tariff_pct": 27.203475916565655,
    "avg_mfn_tariff_pct": 27.203475916565655,
    "avg_preferential_tariff_pct": null,
    "tariff_advantage_pp": null,
    "buyer_biz_entry_days": 7.2,
    "buyer_biz_entry_cost_pct": null,
    "buyer_gdp_mn_latest": 440776.971536,
    "buyer_gdp_pc_latest": 2085,
    "buyer_population_latest": 211400.711,
    "buyer_gdp_5y_cagr_pct": -17.702539793973116,
    "buyer_gdp_pc_5y_cagr_pct": -19.412873862302447,
    "buyer_population_5y_cagr_pct": 2.1223415578896843,
    "buyer_investment_5y_avg_pct": 26.304000000000002,
    "buyer_savings_5y_avg_pct": 20.386000000000003,
    "buyer_macro_resilience_label": "Buyer economy and income contracted",
    "attention_trade_share_pct": 97.97111883756985,
    "critical_trade_share_pct": 16.080621055432,
    "risk_driver_labels": [
      "high_volatility",
      "unrecovered_drawdown",
      "concentrated_buyer_markets",
      "market_access_friction",
      "buyer_macro_weakness"
    ],
    "attention_level": "High attention",
    "primary_risk_reason": "Tariff, distance or agreement conditions create market-access friction",
    "buyer_gdp_mn_2024": 440776.971536,
    "buyer_gdp_pc_2024": 2085,
    "buyer_population_2024": 211400.711
  },
  "history": [
    {
      "year": 1995,
      "exporter_iso3": "ARG",
      "importer_iso3": "NGA",
      "export_value_usd": 3693512.2960611996,
      "yoy_growth_pct": null,
      "cagr_3y_pct": null
    },
    {
      "year": 1996,
      "exporter_iso3": "ARG",
      "importer_iso3": "NGA",
      "export_value_usd": 45153022.65336416,
      "yoy_growth_pct": 1122.495528213506,
      "cagr_3y_pct": null
    },
    {
      "year": 1997,
      "exporter_iso3": "ARG",
      "importer_iso3": "NGA",
      "export_value_usd": 49282442.58966826,
      "yoy_growth_pct": 9.145389818097671,
      "cagr_3y_pct": null
    },
    {
      "year": 1998,
      "exporter_iso3": "ARG",
      "importer_iso3": "NGA",
      "export_value_usd": 30019659.19641422,
      "yoy_growth_pct": -39.08650298370632,
      "cagr_3y_pct": 101.0583293010721
    },
    {
      "year": 1999,
      "exporter_iso3": "ARG",
      "importer_iso3": "NGA",
      "export_value_usd": 39369966.11074989,
      "yoy_growth_pct": 31.1472786987953,
      "cagr_3y_pct": -4.465682750664857
    },
    {
      "year": 2000,
      "exporter_iso3": "ARG",
      "importer_iso3": "NGA",
      "export_value_usd": 46983947.35362025,
      "yoy_growth_pct": 19.339567683273607,
      "cagr_3y_pct": -1.579456529192802
    },
    {
      "year": 2001,
      "exporter_iso3": "ARG",
      "importer_iso3": "NGA",
      "export_value_usd": 48894294.27860026,
      "yoy_growth_pct": 4.065956635363044,
      "cagr_3y_pct": 17.656919870924902
    },
    {
      "year": 2002,
      "exporter_iso3": "ARG",
      "importer_iso3": "NGA",
      "export_value_usd": 61688919.210757315,
      "yoy_growth_pct": 26.167930473140967,
      "cagr_3y_pct": 16.148616256515403
    },
    {
      "year": 2003,
      "exporter_iso3": "ARG",
      "importer_iso3": "NGA",
      "export_value_usd": 65072685.01087826,
      "yoy_growth_pct": 5.485208435181788,
      "cagr_3y_pct": 11.467880125870145
    },
    {
      "year": 2004,
      "exporter_iso3": "ARG",
      "importer_iso3": "NGA",
      "export_value_usd": 80290242.3119274,
      "yoy_growth_pct": 23.385476253984617,
      "cagr_3y_pct": 17.97813562149424
    },
    {
      "year": 2005,
      "exporter_iso3": "ARG",
      "importer_iso3": "NGA",
      "export_value_usd": 89471104.86447181,
      "yoy_growth_pct": 11.434593156260252,
      "cagr_3y_pct": 13.194470682905779
    },
    {
      "year": 2006,
      "exporter_iso3": "ARG",
      "importer_iso3": "NGA",
      "export_value_usd": 149647861.4916262,
      "yoy_growth_pct": 67.25831397556605,
      "cagr_3y_pct": 31.994933860576435
    },
    {
      "year": 2007,
      "exporter_iso3": "ARG",
      "importer_iso3": "NGA",
      "export_value_usd": 331064880.1342883,
      "yoy_growth_pct": 121.22927573730387,
      "cagr_3y_pct": 60.35534776462259
    },
    {
      "year": 2008,
      "exporter_iso3": "ARG",
      "importer_iso3": "NGA",
      "export_value_usd": 180139245.91587538,
      "yoy_growth_pct": -45.58793253974679,
      "cagr_3y_pct": 26.27242278180859
    },
    {
      "year": 2009,
      "exporter_iso3": "ARG",
      "importer_iso3": "NGA",
      "export_value_usd": 80738297.91963533,
      "yoy_growth_pct": -55.180062229559944,
      "cagr_3y_pct": -18.59151146374859
    },
    {
      "year": 2010,
      "exporter_iso3": "ARG",
      "importer_iso3": "NGA",
      "export_value_usd": 89496976.15419279,
      "yoy_growth_pct": 10.84823245007669,
      "cagr_3y_pct": -35.34058816329907
    },
    {
      "year": 2011,
      "exporter_iso3": "ARG",
      "importer_iso3": "NGA",
      "export_value_usd": 172591487.18064505,
      "yoy_growth_pct": 92.84616597916131,
      "cagr_3y_pct": -1.4166261983910133
    },
    {
      "year": 2012,
      "exporter_iso3": "ARG",
      "importer_iso3": "NGA",
      "export_value_usd": 165380976.90901527,
      "yoy_growth_pct": -4.177790219793875,
      "cagr_3y_pct": 26.999493174673983
    },
    {
      "year": 2013,
      "exporter_iso3": "ARG",
      "importer_iso3": "NGA",
      "export_value_usd": 104947541.39173858,
      "yoy_growth_pct": -36.54195098298657,
      "cagr_3y_pct": 5.451954990349117
    },
    {
      "year": 2014,
      "exporter_iso3": "ARG",
      "importer_iso3": "NGA",
      "export_value_usd": 83874805.92603117,
      "yoy_growth_pct": -20.079303608503817,
      "cagr_3y_pct": -21.379213191287306
    },
    {
      "year": 2015,
      "exporter_iso3": "ARG",
      "importer_iso3": "NGA",
      "export_value_usd": 94131379.69439226,
      "yoy_growth_pct": 12.228432191433413,
      "cagr_3y_pct": -17.126383672379873
    },
    {
      "year": 2016,
      "exporter_iso3": "ARG",
      "importer_iso3": "NGA",
      "export_value_usd": 35798520.27025707,
      "yoy_growth_pct": -61.96962119701119,
      "cagr_3y_pct": -30.128896509442605
    },
    {
      "year": 2017,
      "exporter_iso3": "ARG",
      "importer_iso3": "NGA",
      "export_value_usd": 80098011.0370187,
      "yoy_growth_pct": 123.74670917213169,
      "cagr_3y_pct": -1.524075226146293
    },
    {
      "year": 2018,
      "exporter_iso3": "ARG",
      "importer_iso3": "NGA",
      "export_value_usd": 70624794.0065143,
      "yoy_growth_pct": -11.82703154280097,
      "cagr_3y_pct": -9.132707073841416
    },
    {
      "year": 2019,
      "exporter_iso3": "ARG",
      "importer_iso3": "NGA",
      "export_value_usd": 112800261.19118983,
      "yoy_growth_pct": 59.71764983949595,
      "cagr_3y_pct": 46.60485180109131
    },
    {
      "year": 2020,
      "exporter_iso3": "ARG",
      "importer_iso3": "NGA",
      "export_value_usd": 153316849.09754747,
      "yoy_growth_pct": 35.91887773884177,
      "cagr_3y_pct": 24.162195790768813
    },
    {
      "year": 2021,
      "exporter_iso3": "ARG",
      "importer_iso3": "NGA",
      "export_value_usd": 159319852.31508198,
      "yoy_growth_pct": 3.9154230294121906,
      "cagr_3y_pct": 31.150786798657528
    },
    {
      "year": 2022,
      "exporter_iso3": "ARG",
      "importer_iso3": "NGA",
      "export_value_usd": 273428554.1006335,
      "yoy_growth_pct": 71.62239992532898,
      "cagr_3y_pct": 34.331517298976344
    },
    {
      "year": 2023,
      "exporter_iso3": "ARG",
      "importer_iso3": "NGA",
      "export_value_usd": 42103931.869062915,
      "yoy_growth_pct": -84.6014868463347,
      "cagr_3y_pct": -35.00036423690261
    },
    {
      "year": 2024,
      "exporter_iso3": "ARG",
      "importer_iso3": "NGA",
      "export_value_usd": 141329819.93992186,
      "yoy_growth_pct": 235.668935574561,
      "cagr_3y_pct": -3.9152118733516206
    }
  ],
  "riskLanes": [
    {
      "exporter_iso3": "ARG",
      "importer_iso3": "NGA",
      "hs_code": "100590",
      "hs_description": "Cereals: maize (corn), other than seed",
      "buyer_imports_latest_usd": 90765845.297663,
      "current_below_peak_pct": 4.769468882701937,
      "lane_volatility_cv": 1.516134387046977,
      "attention_level": "High attention",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": [
        "high_volatility",
        "concentrated_buyer_market",
        "long_distance_without_fta",
        "buyer_macro_weakness"
      ]
    },
    {
      "exporter_iso3": "ARG",
      "importer_iso3": "NGA",
      "hs_code": "999999",
      "hs_description": "Commodities not specified according to kind",
      "buyer_imports_latest_usd": 43831704.20092489,
      "current_below_peak_pct": 0,
      "lane_volatility_cv": 0.8636489054468324,
      "attention_level": "High attention",
      "primary_risk_reason": "The buyer market is concentrated among relatively few suppliers",
      "risk_driver_labels": [
        "concentrated_buyer_market",
        "dominant_supplier",
        "long_distance_without_fta",
        "buyer_macro_weakness",
        "limited_history"
      ]
    },
    {
      "exporter_iso3": "ARG",
      "importer_iso3": "NGA",
      "hs_code": "100510",
      "hs_description": "Cereals: maize (corn), seed",
      "buyer_imports_latest_usd": 54008237.5442468,
      "current_below_peak_pct": 50.36281660708211,
      "lane_volatility_cv": 2.059111597058622,
      "attention_level": "Critical attention",
      "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
      "risk_driver_labels": [
        "high_volatility",
        "unrecovered_drawdown",
        "concentrated_buyer_market",
        "long_distance_without_fta",
        "buyer_macro_weakness"
      ]
    },
    {
      "exporter_iso3": "ARG",
      "importer_iso3": "NGA",
      "hs_code": "150710",
      "hs_description": "Vegetable oils: soya-bean oil and its fractions, crude, whether or not degummed, not chemically modified",
      "buyer_imports_latest_usd": 18097003.20033614,
      "current_below_peak_pct": 29.72409520232379,
      "lane_volatility_cv": 0.5112668247501152,
      "attention_level": "High attention",
      "primary_risk_reason": "The buyer market is concentrated among relatively few suppliers",
      "risk_driver_labels": [
        "concentrated_buyer_market",
        "dominant_supplier",
        "long_distance_without_fta",
        "buyer_macro_weakness"
      ]
    },
    {
      "exporter_iso3": "ARG",
      "importer_iso3": "NGA",
      "hs_code": "100119",
      "hs_description": "Cereals: wheat and meslin, durum wheat, other than seed",
      "buyer_imports_latest_usd": 522640904.2708297,
      "current_below_peak_pct": 88.5651852191134,
      "lane_volatility_cv": 1.5852399702417526,
      "attention_level": "High attention",
      "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
      "risk_driver_labels": [
        "high_volatility",
        "unrecovered_drawdown",
        "long_distance_without_fta",
        "buyer_macro_weakness"
      ]
    },
    {
      "exporter_iso3": "ARG",
      "importer_iso3": "NGA",
      "hs_code": "271113",
      "hs_description": "Petroleum gases and other gaseous hydrocarbons: liquefied, butanes",
      "buyer_imports_latest_usd": 265933739.22652397,
      "current_below_peak_pct": 60.51776409923326,
      "lane_volatility_cv": 0.6771613969599336,
      "attention_level": "High attention",
      "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
      "risk_driver_labels": [
        "unrecovered_drawdown",
        "concentrated_buyer_market",
        "dominant_supplier",
        "long_distance_without_fta",
        "buyer_macro_weakness"
      ]
    },
    {
      "exporter_iso3": "ARG",
      "importer_iso3": "NGA",
      "hs_code": "030389",
      "hs_description": "Fish: frozen, n.e.c. in heading 0303, excluding fillets, fish meat of 0304, and edible fish offal of subheadings 0303.91 to 0303.99",
      "buyer_imports_latest_usd": 22068669.132379744,
      "current_below_peak_pct": 74.65043846643205,
      "lane_volatility_cv": 0.8100283696484927,
      "attention_level": "High attention",
      "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
      "risk_driver_labels": [
        "unrecovered_drawdown",
        "long_distance_without_fta",
        "buyer_macro_weakness"
      ]
    },
    {
      "exporter_iso3": "ARG",
      "importer_iso3": "NGA",
      "hs_code": "100199",
      "hs_description": "Cereals: wheat and meslin, other than durum wheat, other than seed",
      "buyer_imports_latest_usd": 837835108.3275644,
      "current_below_peak_pct": 98.14835422831159,
      "lane_volatility_cv": 1.450636095335626,
      "attention_level": "High attention",
      "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
      "risk_driver_labels": [
        "high_volatility",
        "unrecovered_drawdown",
        "long_distance_without_fta",
        "buyer_macro_weakness"
      ]
    },
    {
      "exporter_iso3": "ARG",
      "importer_iso3": "NGA",
      "hs_code": "841480",
      "hs_description": "Pumps and compressors: for air, vacuum or gas, n.e.s. in heading no. 8414",
      "buyer_imports_latest_usd": 122967982.53132534,
      "current_below_peak_pct": 0,
      "lane_volatility_cv": 0.9121969644008444,
      "attention_level": "High attention",
      "primary_risk_reason": "The buyer macroeconomic trend has weakened",
      "risk_driver_labels": [
        "long_distance_without_fta",
        "buyer_macro_weakness"
      ]
    },
    {
      "exporter_iso3": "ARG",
      "importer_iso3": "NGA",
      "hs_code": "240120",
      "hs_description": "Tobacco: partly or wholly stemmed or stripped",
      "buyer_imports_latest_usd": 39871714.624386996,
      "current_below_peak_pct": 6.7664304273396425,
      "lane_volatility_cv": 1.1802867357327425,
      "attention_level": "High attention",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": [
        "high_volatility",
        "long_distance_without_fta",
        "buyer_macro_weakness"
      ]
    }
  ],
  "accessProfile": {
    "year": 2024,
    "exporter_iso3": "ARG",
    "importer_iso3": "NGA",
    "distance_km": 7909,
    "shares_land_border": 0,
    "shares_official_language": 0,
    "shares_ethnic_language": 0,
    "shared_religion": 0,
    "shared_legal_system": 0,
    "shared_colonial_history": 0,
    "has_fta": 0,
    "rta_coverage_ratio": null,
    "exporter_is_wto": 1,
    "importer_is_wto": 1,
    "exporter_is_eu": 0,
    "importer_is_eu": 0,
    "importer_gdp_million_usd": 440776.971536,
    "importer_gdp_per_capita_usd": 2085.030695738767,
    "importer_population": 211400.711,
    "importer_biz_entry_days": 7.2,
    "importer_biz_entry_cost_pct": 26.1,
    "exporter_gdp_million_usd": 491492.700657,
    "exporter_gdp_per_capita_usd": 10729.23281193945,
    "avg_applied_tariff_pct": 27.203475916565655,
    "avg_mfn_tariff_pct": 27.203475916565655,
    "avg_preferential_tariff_pct": null,
    "tariff_advantage_pp": null
  },
  "sourceAttribution": {
    "publisher": "OECD",
    "dataset": "Balanced international merchandise trade statistics (BIMTS) - HS2017-6D",
    "year": 2025,
    "citation": "OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-29)",
    "sourceUrl": "https://data-explorer.oecd.org/",
    "dataflowUrl": "https://sdmx.oecd.org/sti-public/rest/dataflow/OECD.SDD.TPS/DSD_BIMTS_6D@DF_BIMTS_HS2017_6D/1.0",
    "termsUrl": "https://www.oecd.org/termsandconditions/",
    "terms": "OECD Terms & Conditions",
    "accessed": "2026-08-29",
    "supportingSources": [
      {
        "publisher": "CEPII",
        "dataset": "BACI bilateral trade flows",
        "release": "202601",
        "citation": "Gaulier, G. and Zignago, S. (2010), BACI: International Trade Database at the Product-Level. The 1994-2007 Version, CEPII Working Paper No. 2010-23.",
        "sourceUrl": "https://www.cepii.fr/DATA_DOWNLOAD/baci/doc/baci_webpage.html",
        "datasetUrl": "https://www.cepii.fr/CEPII/en/bdd_modele/bdd_modele_item.asp?id=37",
        "licenseUrl": "https://www.etalab.gouv.fr/wp-content/uploads/2018/11/open-licence.pdf",
        "license": "Etalab 2.0 Open Licence",
        "accessed": "2026-08-29"
      }
    ]
  },
  "links": {
    "canonical": "https://www.yugalinks.com/trade/corridor/ARG-NGA/risk",
    "html": "https://www.yugalinks.com/trade/corridor/ARG-NGA/risk/index.html",
    "markdown": "https://www.yugalinks.com/trade/corridor/ARG-NGA/risk/index.md",
    "json": "https://www.yugalinks.com/trade/corridor/ARG-NGA/risk/index.json",
    "jsonLd": "https://www.yugalinks.com/trade/corridor/ARG-NGA/risk/index.ld.json",
    "home": "https://www.yugalinks.com/",
    "tradeHub": "https://www.yugalinks.com/trade/",
    "dataSources": "https://www.yugalinks.com/data-sources",
    "methodology": "https://www.yugalinks.com/methodology",
    "workspace": "https://www.yugalinks.com/app/corridors",
    "contact": "https://www.yugalinks.com/contact",
    "email": "mailto:support@yugalinks.com",
    "linkedin": "https://in.linkedin.com/company/yugalinks"
  }
}