{
  "template": "Corridor pair risk profile",
  "pageType": "Corridor pair risk profile",
  "source": "api",
  "generatedAt": "2026-08-29T11:48:00.721Z",
  "seo": {
    "title": "Cyprus exports to Nigeria: Trade Route Risk | Yugalinks",
    "description": "Understand reported exports from Cyprus 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": "CYP",
    "country_name": "Cyprus"
  },
  "importer": {
    "iso3": "NGA",
    "country_name": "Nigeria"
  },
  "latestYear": 2024,
  "risk": {
    "exporter_iso3": "CYP",
    "importer_iso3": "NGA",
    "all_history_lane_count": 91,
    "current_lane_count": 9,
    "current_product_count": 9,
    "first_observed_last_year": 1996,
    "latest_data_year": 2024,
    "current_trade_usd": 98043962.94428504,
    "attention_trade_usd": 95384850.6207681,
    "critical_trade_usd": 0,
    "high_volatility_trade_usd": 2281501.7179824477,
    "unrecovered_drawdown_trade_usd": 1288072.2808379624,
    "declining_demand_trade_usd": 0,
    "concentrated_market_trade_usd": 4533278.91549394,
    "access_friction_trade_usd": 0,
    "buyer_macro_weakness_trade_usd": 98043962.94428504,
    "critical_lane_count": 0,
    "high_attention_lane_count": 2,
    "high_volatility_lane_count": 5,
    "unrecovered_drawdown_lane_count": 3,
    "declining_demand_lane_count": 0,
    "concentrated_market_lane_count": 6,
    "access_friction_lane_count": 0,
    "trade_weighted_volatility_cv": 0.6825465240372612,
    "trade_weighted_below_peak_pct": 17.018290336585682,
    "product_concentration_hhi": 8984.29952200371,
    "top1_product_share_pct": 94.7419959899571,
    "top3_product_share_pct": 98.26178008022238,
    "top_product_hs6": "271012",
    "top_product_trade_usd": 92888807.44106956,
    "top_product_description": "",
    "top_attention_product_hs6": "271012",
    "top_attention_product_reason": "The buyer macroeconomic trend has weakened",
    "distance_km": 4421.35546875,
    "shares_land_border": 0,
    "shares_official_language": 0,
    "common_spoken_language_score": 0.40279996395111084,
    "has_reported_fta": 0,
    "avg_applied_tariff_pct": 27.20347591656566,
    "avg_mfn_tariff_pct": 27.20347591656566,
    "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": 97.28783675846721,
    "critical_trade_share_pct": 0,
    "risk_driver_labels": [
      "high_volatility",
      "unrecovered_drawdown",
      "concentrated_product_mix",
      "concentrated_buyer_markets",
      "buyer_macro_weakness"
    ],
    "attention_level": "High attention",
    "primary_risk_reason": "Buyer-market concentration is the largest observed corridor exposure",
    "buyer_gdp_mn_2024": 440776.971536,
    "buyer_gdp_pc_2024": 2085,
    "buyer_population_2024": 211400.711
  },
  "history": [
    {
      "year": 1995,
      "exporter_iso3": "CYP",
      "importer_iso3": "NGA",
      "export_value_usd": 875146.6586893868,
      "yoy_growth_pct": null,
      "cagr_3y_pct": null
    },
    {
      "year": 1996,
      "exporter_iso3": "CYP",
      "importer_iso3": "NGA",
      "export_value_usd": 432226.6523839436,
      "yoy_growth_pct": -50.610946394831345,
      "cagr_3y_pct": null
    },
    {
      "year": 1997,
      "exporter_iso3": "CYP",
      "importer_iso3": "NGA",
      "export_value_usd": 1190218.8351663023,
      "yoy_growth_pct": 175.3691445452651,
      "cagr_3y_pct": null
    },
    {
      "year": 1998,
      "exporter_iso3": "CYP",
      "importer_iso3": "NGA",
      "export_value_usd": 778714.6206981591,
      "yoy_growth_pct": -34.573828132256544,
      "cagr_3y_pct": -3.8168129793990424
    },
    {
      "year": 1999,
      "exporter_iso3": "CYP",
      "importer_iso3": "NGA",
      "export_value_usd": 1390253.9071938943,
      "yoy_growth_pct": 78.53188706633729,
      "cagr_3y_pct": 47.61399260196573
    },
    {
      "year": 2000,
      "exporter_iso3": "CYP",
      "importer_iso3": "NGA",
      "export_value_usd": 1022107.12922156,
      "yoy_growth_pct": -26.480542587749767,
      "cagr_3y_pct": -4.949034437672473
    },
    {
      "year": 2001,
      "exporter_iso3": "CYP",
      "importer_iso3": "NGA",
      "export_value_usd": 1958132.7316113003,
      "yoy_growth_pct": 91.57803283327262,
      "cagr_3y_pct": 35.98403783467714
    },
    {
      "year": 2002,
      "exporter_iso3": "CYP",
      "importer_iso3": "NGA",
      "export_value_usd": 3353395.143495981,
      "yoy_growth_pct": 71.25474128286254,
      "cagr_3y_pct": 34.110732804810496
    },
    {
      "year": 2003,
      "exporter_iso3": "CYP",
      "importer_iso3": "NGA",
      "export_value_usd": 1343170.8150898167,
      "yoy_growth_pct": -59.94594261595027,
      "cagr_3y_pct": 9.532989998242858
    },
    {
      "year": 2004,
      "exporter_iso3": "CYP",
      "importer_iso3": "NGA",
      "export_value_usd": 1088007.8652068302,
      "yoy_growth_pct": -18.99705882649959,
      "cagr_3y_pct": -17.788992736719823
    },
    {
      "year": 2005,
      "exporter_iso3": "CYP",
      "importer_iso3": "NGA",
      "export_value_usd": 1648952.41887499,
      "yoy_growth_pct": 51.55703112141787,
      "cagr_3y_pct": -21.070176615049853
    },
    {
      "year": 2006,
      "exporter_iso3": "CYP",
      "importer_iso3": "NGA",
      "export_value_usd": 9773312.519872006,
      "yoy_growth_pct": 492.69827364333054,
      "cagr_3y_pct": 93.77757344876785
    },
    {
      "year": 2007,
      "exporter_iso3": "CYP",
      "importer_iso3": "NGA",
      "export_value_usd": 88880483.91413032,
      "yoy_growth_pct": 809.4202578031785,
      "cagr_3y_pct": 333.90180676167216
    },
    {
      "year": 2008,
      "exporter_iso3": "CYP",
      "importer_iso3": "NGA",
      "export_value_usd": 5024796.659377791,
      "yoy_growth_pct": -94.34656919258857,
      "cagr_3y_pct": 44.978451189295484
    },
    {
      "year": 2009,
      "exporter_iso3": "CYP",
      "importer_iso3": "NGA",
      "export_value_usd": 25155801.35840018,
      "yoy_growth_pct": 400.6332208777413,
      "cagr_3y_pct": 37.04571365682396
    },
    {
      "year": 2010,
      "exporter_iso3": "CYP",
      "importer_iso3": "NGA",
      "export_value_usd": 24310848.07076316,
      "yoy_growth_pct": -3.3588804252299043,
      "cagr_3y_pct": -35.08706694665421
    },
    {
      "year": 2011,
      "exporter_iso3": "CYP",
      "importer_iso3": "NGA",
      "export_value_usd": 34265049.71546281,
      "yoy_growth_pct": 40.94551377115809,
      "cagr_3y_pct": 89.63170864505014
    },
    {
      "year": 2012,
      "exporter_iso3": "CYP",
      "importer_iso3": "NGA",
      "export_value_usd": 33642928.06521166,
      "yoy_growth_pct": -1.8156157817287633,
      "cagr_3y_pct": 10.17554566195058
    },
    {
      "year": 2013,
      "exporter_iso3": "CYP",
      "importer_iso3": "NGA",
      "export_value_usd": 76790300.83358504,
      "yoy_growth_pct": 128.25094380827616,
      "cagr_3y_pct": 46.72431363111487
    },
    {
      "year": 2014,
      "exporter_iso3": "CYP",
      "importer_iso3": "NGA",
      "export_value_usd": 141146942.3160894,
      "yoy_growth_pct": 83.80829451622269,
      "cagr_3y_pct": 60.30240424973241
    },
    {
      "year": 2015,
      "exporter_iso3": "CYP",
      "importer_iso3": "NGA",
      "export_value_usd": 61677327.301620916,
      "yoy_growth_pct": -56.30275350669761,
      "cagr_3y_pct": 22.389432108355024
    },
    {
      "year": 2016,
      "exporter_iso3": "CYP",
      "importer_iso3": "NGA",
      "export_value_usd": 33361987.72859505,
      "yoy_growth_pct": -45.90883037871475,
      "cagr_3y_pct": -24.26176448159183
    },
    {
      "year": 2017,
      "exporter_iso3": "CYP",
      "importer_iso3": "NGA",
      "export_value_usd": 10201085.338753048,
      "yoy_growth_pct": -69.42302892219594,
      "cagr_3y_pct": -58.345847555873995
    },
    {
      "year": 2018,
      "exporter_iso3": "CYP",
      "importer_iso3": "NGA",
      "export_value_usd": 8287576.4752830975,
      "yoy_growth_pct": -18.75789487027125,
      "cagr_3y_pct": -48.78065728025892
    },
    {
      "year": 2019,
      "exporter_iso3": "CYP",
      "importer_iso3": "NGA",
      "export_value_usd": 28006323.951751057,
      "yoy_growth_pct": 237.93140896228508,
      "cagr_3y_pct": -5.6660405671396745
    },
    {
      "year": 2020,
      "exporter_iso3": "CYP",
      "importer_iso3": "NGA",
      "export_value_usd": 3408346.6420821035,
      "yoy_growth_pct": -87.83008206305847,
      "cagr_3y_pct": -30.609642389369075
    },
    {
      "year": 2021,
      "exporter_iso3": "CYP",
      "importer_iso3": "NGA",
      "export_value_usd": 3298020.076658813,
      "yoy_growth_pct": -3.236952605146226,
      "cagr_3y_pct": -26.44561272908875
    },
    {
      "year": 2022,
      "exporter_iso3": "CYP",
      "importer_iso3": "NGA",
      "export_value_usd": 64474198.76024371,
      "yoy_growth_pct": 1854.9365152913745,
      "cagr_3y_pct": 32.041347759737974
    },
    {
      "year": 2023,
      "exporter_iso3": "CYP",
      "importer_iso3": "NGA",
      "export_value_usd": 113166465.91706376,
      "yoy_growth_pct": 75.52209735539176,
      "cagr_3y_pct": 221.40897408829886
    },
    {
      "year": 2024,
      "exporter_iso3": "CYP",
      "importer_iso3": "NGA",
      "export_value_usd": 98825929.99247581,
      "yoy_growth_pct": -12.672071897250635,
      "cagr_3y_pct": 210.6031612835066
    }
  ],
  "riskLanes": [
    {
      "exporter_iso3": "CYP",
      "importer_iso3": "NGA",
      "hs_code": "271012",
      "hs_description": "",
      "buyer_imports_latest_usd": 10124677008.770359,
      "current_below_peak_pct": 16.607880288712707,
      "lane_volatility_cv": 0.6487657715029821,
      "attention_level": "High attention",
      "primary_risk_reason": "The buyer macroeconomic trend has weakened",
      "risk_driver_labels": [
        "buyer_macro_weakness",
        "limited_history"
      ]
    },
    {
      "exporter_iso3": "CYP",
      "importer_iso3": "NGA",
      "hs_code": "850760",
      "hs_description": "Electric accumulators: lithium-ion, including separators, whether or not rectangular (including square)",
      "buyer_imports_latest_usd": 253322124.01200423,
      "current_below_peak_pct": 0,
      "lane_volatility_cv": 0.9990843689343075,
      "attention_level": "High attention",
      "primary_risk_reason": "The buyer market is concentrated among relatively few suppliers",
      "risk_driver_labels": [
        "concentrated_buyer_market",
        "dominant_supplier",
        "buyer_macro_weakness",
        "limited_history"
      ]
    },
    {
      "exporter_iso3": "CYP",
      "importer_iso3": "NGA",
      "hs_code": "852580",
      "hs_description": "Television cameras, digital cameras and video camera recorders",
      "buyer_imports_latest_usd": 44920206.11233252,
      "current_below_peak_pct": 0,
      "lane_volatility_cv": 2.1990367445557855,
      "attention_level": "Watch",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": [
        "high_volatility",
        "concentrated_buyer_market",
        "dominant_supplier",
        "buyer_macro_weakness"
      ]
    },
    {
      "exporter_iso3": "CYP",
      "importer_iso3": "NGA",
      "hs_code": "890400",
      "hs_description": "Tugs and pusher craft",
      "buyer_imports_latest_usd": 13312638.410157146,
      "current_below_peak_pct": 94.63977974208326,
      "lane_volatility_cv": 1.2039336386714625,
      "attention_level": "Watch",
      "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
      "risk_driver_labels": [
        "high_volatility",
        "unrecovered_drawdown",
        "concentrated_buyer_market",
        "buyer_macro_weakness"
      ]
    },
    {
      "exporter_iso3": "CYP",
      "importer_iso3": "NGA",
      "hs_code": "030354",
      "hs_description": "Fish: frozen, mackerel (Scomber scombrus, Scomber australasicus, Scomber japonicus), excluding fillets, fish meat of 0304, and edible fish offal of subheadings 0303.91 to 0303.99",
      "buyer_imports_latest_usd": 137895955.8874491,
      "current_below_peak_pct": 98.62928731290177,
      "lane_volatility_cv": 0.9218624872026385,
      "attention_level": "Watch",
      "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
      "risk_driver_labels": [
        "unrecovered_drawdown",
        "buyer_macro_weakness"
      ]
    },
    {
      "exporter_iso3": "CYP",
      "importer_iso3": "NGA",
      "hs_code": "853710",
      "hs_description": "Boards, panels, consoles, desks and other bases: for electric control or the distribution of electricity, (other than switching apparatus of heading no. 8517), for a voltage not exceeding 1000 volts",
      "buyer_imports_latest_usd": 102108478.7007143,
      "current_below_peak_pct": 0,
      "lane_volatility_cv": 1.4218553652507249,
      "attention_level": "Watch",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": [
        "high_volatility",
        "buyer_macro_weakness"
      ]
    },
    {
      "exporter_iso3": "CYP",
      "importer_iso3": "NGA",
      "hs_code": "030355",
      "hs_description": "Fish: frozen, jack and horse mackerel (Trachurus spp.), excluding fillets, livers, roes, and other fish meat of heading 0304",
      "buyer_imports_latest_usd": 160251326.97414663,
      "current_below_peak_pct": 98.96701786818133,
      "lane_volatility_cv": 1.3745124736048229,
      "attention_level": "Watch",
      "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
      "risk_driver_labels": [
        "high_volatility",
        "unrecovered_drawdown",
        "concentrated_buyer_market",
        "dominant_supplier",
        "buyer_macro_weakness"
      ]
    },
    {
      "exporter_iso3": "CYP",
      "importer_iso3": "NGA",
      "hs_code": "640399",
      "hs_description": "Footwear: n.e.c. in heading no. 6403, (not covering the ankle), outer soles of rubber, plastics or composition leather, uppers of leather",
      "buyer_imports_latest_usd": 10180726.756140167,
      "current_below_peak_pct": 26.830848892003488,
      "lane_volatility_cv": 0.7015944042038678,
      "attention_level": "Watch",
      "primary_risk_reason": "The buyer market is concentrated among relatively few suppliers",
      "risk_driver_labels": [
        "concentrated_buyer_market",
        "dominant_supplier",
        "buyer_macro_weakness"
      ]
    },
    {
      "exporter_iso3": "CYP",
      "importer_iso3": "NGA",
      "hs_code": "610910",
      "hs_description": "T-shirts, singlets and other vests: of cotton, knitted or crocheted",
      "buyer_imports_latest_usd": 34832494.07299311,
      "current_below_peak_pct": 0,
      "lane_volatility_cv": 1.6818178358755347,
      "attention_level": "Watch",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": [
        "high_volatility",
        "concentrated_buyer_market",
        "dominant_supplier",
        "buyer_macro_weakness"
      ]
    }
  ],
  "accessProfile": {
    "year": 2024,
    "exporter_iso3": "CYP",
    "importer_iso3": "NGA",
    "distance_km": 4418,
    "shares_land_border": 0,
    "shares_official_language": 0,
    "shares_ethnic_language": 0,
    "shared_religion": 0,
    "shared_legal_system": 1,
    "shared_colonial_history": 0,
    "has_fta": 0,
    "rta_coverage_ratio": null,
    "exporter_is_wto": 1,
    "importer_is_wto": 1,
    "exporter_is_eu": 1,
    "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": 27719.33767,
    "exporter_gdp_per_capita_usd": 22803.234048049177,
    "avg_applied_tariff_pct": 27.20347591656566,
    "avg_mfn_tariff_pct": 27.20347591656566,
    "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/CYP-NGA/risk",
    "html": "https://www.yugalinks.com/trade/corridor/CYP-NGA/risk/index.html",
    "markdown": "https://www.yugalinks.com/trade/corridor/CYP-NGA/risk/index.md",
    "json": "https://www.yugalinks.com/trade/corridor/CYP-NGA/risk/index.json",
    "jsonLd": "https://www.yugalinks.com/trade/corridor/CYP-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"
  }
}