{
  "template": "Corridor pair risk profile",
  "pageType": "Corridor pair risk profile",
  "source": "api",
  "generatedAt": "2026-08-29T11:47:53.808Z",
  "seo": {
    "title": "Nigeria exports to Colombia: Trade Route Risk | Yugalinks",
    "description": "Understand reported exports from Nigeria to Colombia, 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": "NGA",
    "country_name": "Nigeria"
  },
  "importer": {
    "iso3": "COL",
    "country_name": "Colombia"
  },
  "latestYear": 2024,
  "risk": {
    "exporter_iso3": "NGA",
    "importer_iso3": "COL",
    "all_history_lane_count": 25,
    "current_lane_count": 4,
    "current_product_count": 4,
    "first_observed_last_year": 1995,
    "latest_data_year": 2024,
    "current_trade_usd": 78290365.16245396,
    "attention_trade_usd": 78171223.35359184,
    "critical_trade_usd": 75744085.63908093,
    "high_volatility_trade_usd": 78171223.35359184,
    "unrecovered_drawdown_trade_usd": 78221844.63316159,
    "declining_demand_trade_usd": 0,
    "concentrated_market_trade_usd": 75812606.1683733,
    "access_friction_trade_usd": 78290365.16245396,
    "buyer_macro_weakness_trade_usd": 0,
    "critical_lane_count": 1,
    "high_attention_lane_count": 1,
    "high_volatility_lane_count": 2,
    "unrecovered_drawdown_lane_count": 3,
    "declining_demand_lane_count": 0,
    "concentrated_market_lane_count": 2,
    "access_friction_lane_count": 4,
    "trade_weighted_volatility_cv": 1.2779206951926432,
    "trade_weighted_below_peak_pct": 58.09703695007858,
    "product_concentration_hhi": 9369.730001394337,
    "top1_product_share_pct": 96.74764638268137,
    "top3_product_share_pct": 99.93534162286163,
    "top_product_hs6": "270900",
    "top_product_trade_usd": 75744085.63908093,
    "top_product_description": "Oils: petroleum oils and oils obtained from bituminous minerals, crude",
    "top_attention_product_hs6": "270900",
    "top_attention_product_reason": "Current trade remains more than 50% below its historical peak",
    "distance_km": 8694.00390625,
    "shares_land_border": 0,
    "shares_official_language": 0,
    "common_spoken_language_score": 0,
    "has_reported_fta": 0,
    "avg_applied_tariff_pct": 10.063467751111112,
    "avg_mfn_tariff_pct": 10.063467751111112,
    "avg_preferential_tariff_pct": null,
    "tariff_advantage_pp": null,
    "buyer_biz_entry_days": 10,
    "buyer_biz_entry_cost_pct": null,
    "buyer_gdp_mn_latest": 314322.45322799997,
    "buyer_gdp_pc_latest": 6131,
    "buyer_population_latest": 51265.842,
    "buyer_gdp_5y_cagr_pct": 5.330966912771773,
    "buyer_gdp_pc_5y_cagr_pct": 4.116926115920405,
    "buyer_population_5y_cagr_pct": 1.166035957976419,
    "buyer_investment_5y_avg_pct": 21.89,
    "buyer_savings_5y_avg_pct": 19.468,
    "buyer_macro_resilience_label": "Buyer macro trend resilient",
    "attention_trade_share_pct": 99.84782059885032,
    "critical_trade_share_pct": 96.74764638268137,
    "risk_driver_labels": [
      "high_volatility",
      "unrecovered_drawdown",
      "concentrated_product_mix",
      "concentrated_buyer_markets",
      "market_access_friction"
    ],
    "attention_level": "Critical attention",
    "primary_risk_reason": "Tariff, distance or agreement conditions create market-access friction",
    "buyer_gdp_mn_2024": 314322.45322799997,
    "buyer_gdp_pc_2024": 6131,
    "buyer_population_2024": 51265.842
  },
  "history": [
    {
      "year": 1995,
      "exporter_iso3": "NGA",
      "importer_iso3": "COL",
      "export_value_usd": 8066322.948332259,
      "yoy_growth_pct": null,
      "cagr_3y_pct": null
    },
    {
      "year": 1996,
      "exporter_iso3": "NGA",
      "importer_iso3": "COL",
      "export_value_usd": 3464285.5838186927,
      "yoy_growth_pct": -57.05248096302733,
      "cagr_3y_pct": null
    },
    {
      "year": 1997,
      "exporter_iso3": "NGA",
      "importer_iso3": "COL",
      "export_value_usd": 364162.4580002238,
      "yoy_growth_pct": -89.48809359998529,
      "cagr_3y_pct": null
    },
    {
      "year": 1998,
      "exporter_iso3": "NGA",
      "importer_iso3": "COL",
      "export_value_usd": 74312.18376443839,
      "yoy_growth_pct": -79.59367251294401,
      "cagr_3y_pct": -79.0366119914018
    },
    {
      "year": 1999,
      "exporter_iso3": "NGA",
      "importer_iso3": "COL",
      "export_value_usd": 338.906972951504,
      "yoy_growth_pct": -99.54394157756714,
      "cagr_3y_pct": -95.3922496657341
    },
    {
      "year": 2000,
      "exporter_iso3": "NGA",
      "importer_iso3": "COL",
      "export_value_usd": 63.23825298663873,
      "yoy_growth_pct": -81.34052762741833,
      "cagr_3y_pct": -94.42093316696713
    },
    {
      "year": 2001,
      "exporter_iso3": "NGA",
      "importer_iso3": "COL",
      "export_value_usd": 3018727.617508056,
      "yoy_growth_pct": 4773478.451235627,
      "cagr_3y_pct": 243.7594412172181
    },
    {
      "year": 2002,
      "exporter_iso3": "NGA",
      "importer_iso3": "COL",
      "export_value_usd": 1891.2427765861976,
      "yoy_growth_pct": -99.93734967124503,
      "cagr_3y_pct": 77.37357767008892
    },
    {
      "year": 2003,
      "exporter_iso3": "NGA",
      "importer_iso3": "COL",
      "export_value_usd": 54565.27067858713,
      "yoy_growth_pct": 2785.154214684198,
      "cagr_3y_pct": 852.0187095100665
    },
    {
      "year": 2004,
      "exporter_iso3": "NGA",
      "importer_iso3": "COL",
      "export_value_usd": 251438.35292375344,
      "yoy_growth_pct": 360.8029059451264,
      "cagr_3y_pct": -56.328055266345764
    },
    {
      "year": 2005,
      "exporter_iso3": "NGA",
      "importer_iso3": "COL",
      "export_value_usd": 11522911.969379747,
      "yoy_growth_pct": 4482.798063775884,
      "cagr_3y_pct": 1726.4382227011922
    },
    {
      "year": 2006,
      "exporter_iso3": "NGA",
      "importer_iso3": "COL",
      "export_value_usd": 217169.7950499927,
      "yoy_growth_pct": -98.1153219288051,
      "cagr_3y_pct": 58.47510049851699
    },
    {
      "year": 2007,
      "exporter_iso3": "NGA",
      "importer_iso3": "COL",
      "export_value_usd": 18495438.965409383,
      "yoy_growth_pct": 8416.57983153307,
      "cagr_3y_pct": 318.9971221172134
    },
    {
      "year": 2008,
      "exporter_iso3": "NGA",
      "importer_iso3": "COL",
      "export_value_usd": 517656.032903085,
      "yoy_growth_pct": -97.20116925112609,
      "cagr_3y_pct": -64.45108539201345
    },
    {
      "year": 2009,
      "exporter_iso3": "NGA",
      "importer_iso3": "COL",
      "export_value_usd": 39133228.90415998,
      "yoy_growth_pct": 7459.697253926616,
      "cagr_3y_pct": 464.82696331860564
    },
    {
      "year": 2010,
      "exporter_iso3": "NGA",
      "importer_iso3": "COL",
      "export_value_usd": 430927.5716915433,
      "yoy_growth_pct": -98.89881928029267,
      "cagr_3y_pct": -71.43857447624407
    },
    {
      "year": 2011,
      "exporter_iso3": "NGA",
      "importer_iso3": "COL",
      "export_value_usd": 476600.4198470842,
      "yoy_growth_pct": 10.598729613948542,
      "cagr_3y_pct": -2.71683003589428
    },
    {
      "year": 2012,
      "exporter_iso3": "NGA",
      "importer_iso3": "COL",
      "export_value_usd": 442747.64616814343,
      "yoy_growth_pct": -7.102967657855263,
      "cagr_3y_pct": -77.55066266556842
    },
    {
      "year": 2013,
      "exporter_iso3": "NGA",
      "importer_iso3": "COL",
      "export_value_usd": 120305.56899684583,
      "yoy_growth_pct": -72.82750794091018,
      "cagr_3y_pct": -34.64274305956848
    },
    {
      "year": 2014,
      "exporter_iso3": "NGA",
      "importer_iso3": "COL",
      "export_value_usd": 779114.4429488431,
      "yoy_growth_pct": 547.6129487981308,
      "cagr_3y_pct": 17.80099124728345
    },
    {
      "year": 2015,
      "exporter_iso3": "NGA",
      "importer_iso3": "COL",
      "export_value_usd": 47638525.98189421,
      "yoy_growth_pct": 6014.445241393397,
      "cagr_3y_pct": 375.62793209166966
    },
    {
      "year": 2016,
      "exporter_iso3": "NGA",
      "importer_iso3": "COL",
      "export_value_usd": 35789823.79078037,
      "yoy_growth_pct": -24.87210077746135,
      "cagr_3y_pct": 567.561491371059
    },
    {
      "year": 2017,
      "exporter_iso3": "NGA",
      "importer_iso3": "COL",
      "export_value_usd": 66265.2698391778,
      "yoy_growth_pct": -99.81484885137588,
      "cagr_3y_pct": -56.02273277548713
    },
    {
      "year": 2018,
      "exporter_iso3": "NGA",
      "importer_iso3": "COL",
      "export_value_usd": 19249538.170713633,
      "yoy_growth_pct": 28949.211174165917,
      "cagr_3y_pct": -26.07000676880006
    },
    {
      "year": 2019,
      "exporter_iso3": "NGA",
      "importer_iso3": "COL",
      "export_value_usd": 50818397.44350967,
      "yoy_growth_pct": 163.99800864222857,
      "cagr_3y_pct": 12.396762464376486
    },
    {
      "year": 2020,
      "exporter_iso3": "NGA",
      "importer_iso3": "COL",
      "export_value_usd": 27151655.468410604,
      "yoy_growth_pct": -46.571208785966334,
      "cagr_3y_pct": 642.7399449384586
    },
    {
      "year": 2021,
      "exporter_iso3": "NGA",
      "importer_iso3": "COL",
      "export_value_usd": 91376181.6138194,
      "yoy_growth_pct": 236.54000110649002,
      "cagr_3y_pct": 68.06253002869877
    },
    {
      "year": 2022,
      "exporter_iso3": "NGA",
      "importer_iso3": "COL",
      "export_value_usd": 55521651.77515388,
      "yoy_growth_pct": -39.23837613416209,
      "cagr_3y_pct": 2.994445586459693
    },
    {
      "year": 2023,
      "exporter_iso3": "NGA",
      "importer_iso3": "COL",
      "export_value_usd": 246031464.24808192,
      "yoy_growth_pct": 343.1270619333083,
      "cagr_3y_pct": 108.48018274107685
    },
    {
      "year": 2024,
      "exporter_iso3": "NGA",
      "importer_iso3": "COL",
      "export_value_usd": 79532187.95348072,
      "yoy_growth_pct": -67.67397690513044,
      "cagr_3y_pct": -4.522001121294428
    }
  ],
  "riskLanes": [
    {
      "exporter_iso3": "NGA",
      "importer_iso3": "COL",
      "hs_code": "270900",
      "hs_description": "Oils: petroleum oils and oils obtained from bituminous minerals, crude",
      "buyer_imports_latest_usd": 705149702.6999375,
      "current_below_peak_pct": 57.11432907706288,
      "lane_volatility_cv": 1.2871337146838784,
      "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",
        "dominant_supplier",
        "long_distance_without_fta"
      ]
    },
    {
      "exporter_iso3": "NGA",
      "importer_iso3": "COL",
      "hs_code": "310210",
      "hs_description": "Fertilizers, mineral or chemical: nitrogenous, urea, whether or not in aqueous solution",
      "buyer_imports_latest_usd": 196387326.62893775,
      "current_below_peak_pct": 89.85450420684764,
      "lane_volatility_cv": 1.037886790269282,
      "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",
        "limited_history"
      ]
    },
    {
      "exporter_iso3": "NGA",
      "importer_iso3": "COL",
      "hs_code": "690722",
      "hs_description": "Ceramic tiles: flags and paving, hearth or wall tiles other than those of subheadings 6907.30 and 6907.40, of a water absorption coefficient by weight over 0.5% but not over 10%",
      "buyer_imports_latest_usd": 32494640.99842998,
      "current_below_peak_pct": 0,
      "lane_volatility_cv": 0,
      "attention_level": "Watch",
      "primary_risk_reason": "The buyer market is concentrated among relatively few suppliers",
      "risk_driver_labels": [
        "concentrated_buyer_market",
        "long_distance_without_fta",
        "limited_history"
      ]
    },
    {
      "exporter_iso3": "NGA",
      "importer_iso3": "COL",
      "hs_code": "700529",
      "hs_description": "Glass: float glass and surface ground or polished glass, in sheets, non-wired, (other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground)",
      "buyer_imports_latest_usd": 25742813.780981403,
      "current_below_peak_pct": 84.47729697391573,
      "lane_volatility_cv": 0.7312614296675632,
      "attention_level": "Watch",
      "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
      "risk_driver_labels": [
        "unrecovered_drawdown",
        "long_distance_without_fta",
        "limited_history"
      ]
    }
  ],
  "accessProfile": {
    "year": 2024,
    "exporter_iso3": "NGA",
    "importer_iso3": "COL",
    "distance_km": 8579,
    "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": 314322.45322799997,
    "importer_gdp_per_capita_usd": 6131.225801928699,
    "importer_population": 51265.842,
    "importer_biz_entry_days": 10,
    "importer_biz_entry_cost_pct": 14.1,
    "exporter_gdp_million_usd": 440776.971536,
    "exporter_gdp_per_capita_usd": 2085.030695738767,
    "avg_applied_tariff_pct": 10.063467751111112,
    "avg_mfn_tariff_pct": 10.063467751111112,
    "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/NGA-COL/risk",
    "html": "https://www.yugalinks.com/trade/corridor/NGA-COL/risk/index.html",
    "markdown": "https://www.yugalinks.com/trade/corridor/NGA-COL/risk/index.md",
    "json": "https://www.yugalinks.com/trade/corridor/NGA-COL/risk/index.json",
    "jsonLd": "https://www.yugalinks.com/trade/corridor/NGA-COL/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"
  }
}