{
  "template": "Corridor pair risk profile",
  "pageType": "Corridor pair risk profile",
  "source": "api",
  "generatedAt": "2026-08-29T11:47:57.601Z",
  "seo": {
    "title": "Nigeria exports to Portugal: Trade Route Risk | Yugalinks",
    "description": "Understand reported exports from Nigeria to Portugal, 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": "PRT",
    "country_name": "Portugal"
  },
  "latestYear": 2024,
  "risk": {
    "exporter_iso3": "NGA",
    "importer_iso3": "PRT",
    "all_history_lane_count": 50,
    "current_lane_count": 13,
    "current_product_count": 13,
    "first_observed_last_year": 1995,
    "latest_data_year": 2024,
    "current_trade_usd": 983872342.7206237,
    "attention_trade_usd": 5259082.343665522,
    "critical_trade_usd": 0,
    "high_volatility_trade_usd": 4143265.3112937594,
    "unrecovered_drawdown_trade_usd": 493716717.35779774,
    "declining_demand_trade_usd": 86208.98150751024,
    "concentrated_market_trade_usd": 493900031.0140625,
    "access_friction_trade_usd": 0,
    "buyer_macro_weakness_trade_usd": 0,
    "critical_lane_count": 0,
    "high_attention_lane_count": 1,
    "high_volatility_lane_count": 6,
    "unrecovered_drawdown_lane_count": 7,
    "declining_demand_lane_count": 1,
    "concentrated_market_lane_count": 8,
    "access_friction_lane_count": 0,
    "trade_weighted_volatility_cv": 0.5723659933084991,
    "trade_weighted_below_peak_pct": 57.10325737749767,
    "product_concentration_hhi": 4842.898779238536,
    "top1_product_share_pct": 49.4728201024365,
    "top3_product_share_pct": 98.94741301821728,
    "top_product_hs6": "270900",
    "top_product_trade_usd": 486749394.15180165,
    "top_product_description": "Oils: petroleum oils and oils obtained from bituminous minerals, crude",
    "top_attention_product_hs6": "271112",
    "top_attention_product_reason": "Current trade remains more than 50% below its historical peak",
    "distance_km": 3810.185546875,
    "shares_land_border": 0,
    "shares_official_language": 0,
    "common_spoken_language_score": 0.1695999801158905,
    "has_reported_fta": 0,
    "avg_applied_tariff_pct": 1.6492073756558465,
    "avg_mfn_tariff_pct": 5.920413126868689,
    "avg_preferential_tariff_pct": 1.4054732487986503,
    "tariff_advantage_pp": 4.514939878070038,
    "buyer_biz_entry_days": 6.5,
    "buyer_biz_entry_cost_pct": null,
    "buyer_gdp_mn_latest": 249886.464355,
    "buyer_gdp_pc_latest": 24262,
    "buyer_population_latest": 10299.423,
    "buyer_gdp_5y_cagr_pct": 5.462941650481978,
    "buyer_gdp_pc_5y_cagr_pct": 4.644844908749368,
    "buyer_population_5y_cagr_pct": 0.7817840835313117,
    "buyer_investment_5y_avg_pct": 23.083999999999996,
    "buyer_savings_5y_avg_pct": 19.34,
    "buyer_macro_resilience_label": "Buyer macro trend resilient",
    "attention_trade_share_pct": 0.5345289338170642,
    "critical_trade_share_pct": 0,
    "risk_driver_labels": [
      "high_volatility",
      "unrecovered_drawdown",
      "declining_buyer_demand",
      "concentrated_product_mix",
      "concentrated_buyer_markets"
    ],
    "attention_level": "Watch",
    "primary_risk_reason": "Buyer-market concentration is the largest observed corridor exposure",
    "buyer_gdp_mn_2024": 249886.464355,
    "buyer_gdp_pc_2024": 24262,
    "buyer_population_2024": 10299.423
  },
  "history": [
    {
      "year": 1995,
      "exporter_iso3": "NGA",
      "importer_iso3": "PRT",
      "export_value_usd": 287755139.7092181,
      "yoy_growth_pct": null,
      "cagr_3y_pct": null
    },
    {
      "year": 1996,
      "exporter_iso3": "NGA",
      "importer_iso3": "PRT",
      "export_value_usd": 462656606.8069727,
      "yoy_growth_pct": 60.78135294976688,
      "cagr_3y_pct": null
    },
    {
      "year": 1997,
      "exporter_iso3": "NGA",
      "importer_iso3": "PRT",
      "export_value_usd": 438292091.76156014,
      "yoy_growth_pct": -5.2662200619082,
      "cagr_3y_pct": null
    },
    {
      "year": 1998,
      "exporter_iso3": "NGA",
      "importer_iso3": "PRT",
      "export_value_usd": 272579632.3691181,
      "yoy_growth_pct": -37.808681130069985,
      "cagr_3y_pct": -1.7897603808776585
    },
    {
      "year": 1999,
      "exporter_iso3": "NGA",
      "importer_iso3": "PRT",
      "export_value_usd": 366845209.86946374,
      "yoy_growth_pct": 34.58276639418693,
      "cagr_3y_pct": -7.443264596276123
    },
    {
      "year": 2000,
      "exporter_iso3": "NGA",
      "importer_iso3": "PRT",
      "export_value_usd": 728332291.3963468,
      "yoy_growth_pct": 98.53940348723995,
      "cagr_3y_pct": 18.446430371625745
    },
    {
      "year": 2001,
      "exporter_iso3": "NGA",
      "importer_iso3": "PRT",
      "export_value_usd": 572297023.528936,
      "yoy_growth_pct": -21.423637220349313,
      "cagr_3y_pct": 28.048952053586063
    },
    {
      "year": 2002,
      "exporter_iso3": "NGA",
      "importer_iso3": "PRT",
      "export_value_usd": 496114459.54230386,
      "yoy_growth_pct": -13.311717666618318,
      "cagr_3y_pct": 10.585879803018683
    },
    {
      "year": 2003,
      "exporter_iso3": "NGA",
      "importer_iso3": "PRT",
      "export_value_usd": 653608260.3513683,
      "yoy_growth_pct": 31.745456674325155,
      "cagr_3y_pct": -3.5439834758574262
    },
    {
      "year": 2004,
      "exporter_iso3": "NGA",
      "importer_iso3": "PRT",
      "export_value_usd": 1104565240.3864639,
      "yoy_growth_pct": 68.99499400339111,
      "cagr_3y_pct": 24.5059085225237
    },
    {
      "year": 2005,
      "exporter_iso3": "NGA",
      "importer_iso3": "PRT",
      "export_value_usd": 935829367.9726542,
      "yoy_growth_pct": -15.276225092396768,
      "cagr_3y_pct": 23.55820630027161
    },
    {
      "year": 2006,
      "exporter_iso3": "NGA",
      "importer_iso3": "PRT",
      "export_value_usd": 828924078.724933,
      "yoy_growth_pct": -11.42358777212953,
      "cagr_3y_pct": 8.242814055065795
    },
    {
      "year": 2007,
      "exporter_iso3": "NGA",
      "importer_iso3": "PRT",
      "export_value_usd": 820439430.9098225,
      "yoy_growth_pct": -1.023573573609038,
      "cagr_3y_pct": -9.436808797862305
    },
    {
      "year": 2008,
      "exporter_iso3": "NGA",
      "importer_iso3": "PRT",
      "export_value_usd": 1977971607.5769837,
      "yoy_growth_pct": 141.08685334437442,
      "cagr_3y_pct": 28.333821787768688
    },
    {
      "year": 2009,
      "exporter_iso3": "NGA",
      "importer_iso3": "PRT",
      "export_value_usd": 1350594528.515443,
      "yoy_growth_pct": -31.718204480704248,
      "cagr_3y_pct": 17.671171423705424
    },
    {
      "year": 2010,
      "exporter_iso3": "NGA",
      "importer_iso3": "PRT",
      "export_value_usd": 1676038992.9215567,
      "yoy_growth_pct": 24.096385520222576,
      "cagr_3y_pct": 26.885656540913306
    },
    {
      "year": 2011,
      "exporter_iso3": "NGA",
      "importer_iso3": "PRT",
      "export_value_usd": 1974143917.4534729,
      "yoy_growth_pct": 17.786276201860908,
      "cagr_3y_pct": -0.06454696366876567
    },
    {
      "year": 2012,
      "exporter_iso3": "NGA",
      "importer_iso3": "PRT",
      "export_value_usd": 1092684860.3284926,
      "yoy_growth_pct": -44.65019238627798,
      "cagr_3y_pct": -6.819869733925432
    },
    {
      "year": 2013,
      "exporter_iso3": "NGA",
      "importer_iso3": "PRT",
      "export_value_usd": 962118058.988402,
      "yoy_growth_pct": -11.949172728616231,
      "cagr_3y_pct": -16.890995025503162
    },
    {
      "year": 2014,
      "exporter_iso3": "NGA",
      "importer_iso3": "PRT",
      "export_value_usd": 1324677999.0601168,
      "yoy_growth_pct": 37.68351884517378,
      "cagr_3y_pct": -12.452482088140071
    },
    {
      "year": 2015,
      "exporter_iso3": "NGA",
      "importer_iso3": "PRT",
      "export_value_usd": 352106969.8424063,
      "yoy_growth_pct": -73.41942946948372,
      "cagr_3y_pct": -31.441722321396316
    },
    {
      "year": 2016,
      "exporter_iso3": "NGA",
      "importer_iso3": "PRT",
      "export_value_usd": 321082195.22397673,
      "yoy_growth_pct": -8.811178782491979,
      "cagr_3y_pct": -30.63677363969939
    },
    {
      "year": 2017,
      "exporter_iso3": "NGA",
      "importer_iso3": "PRT",
      "export_value_usd": 419721513.4441098,
      "yoy_growth_pct": 30.72089318167437,
      "cagr_3y_pct": -31.826283709852365
    },
    {
      "year": 2018,
      "exporter_iso3": "NGA",
      "importer_iso3": "PRT",
      "export_value_usd": 585433092.192652,
      "yoy_growth_pct": 39.4813164063863,
      "cagr_3y_pct": 18.467952338478867
    },
    {
      "year": 2019,
      "exporter_iso3": "NGA",
      "importer_iso3": "PRT",
      "export_value_usd": 908799196.9420282,
      "yoy_growth_pct": 55.235364905365515,
      "cagr_3y_pct": 41.454652782009774
    },
    {
      "year": 2020,
      "exporter_iso3": "NGA",
      "importer_iso3": "PRT",
      "export_value_usd": 1206504859.0625243,
      "yoy_growth_pct": 32.75813437360318,
      "cagr_3y_pct": 42.18570915325293
    },
    {
      "year": 2021,
      "exporter_iso3": "NGA",
      "importer_iso3": "PRT",
      "export_value_usd": 1459716135.615214,
      "yoy_growth_pct": 20.987174204125413,
      "cagr_3y_pct": 35.60125646299728
    },
    {
      "year": 2022,
      "exporter_iso3": "NGA",
      "importer_iso3": "PRT",
      "export_value_usd": 1875269171.5602458,
      "yoy_growth_pct": 28.468071689150175,
      "cagr_3y_pct": 27.310793936922817
    },
    {
      "year": 2023,
      "exporter_iso3": "NGA",
      "importer_iso3": "PRT",
      "export_value_usd": 1544484528.6779613,
      "yoy_growth_pct": -17.63931535263643,
      "cagr_3y_pct": 8.58041460764911
    },
    {
      "year": 2024,
      "exporter_iso3": "NGA",
      "importer_iso3": "PRT",
      "export_value_usd": 995423156.535591,
      "yoy_growth_pct": -35.54981367229056,
      "cagr_3y_pct": -11.980321701387876
    }
  ],
  "riskLanes": [
    {
      "exporter_iso3": "NGA",
      "importer_iso3": "PRT",
      "hs_code": "270900",
      "hs_description": "Oils: petroleum oils and oils obtained from bituminous minerals, crude",
      "buyer_imports_latest_usd": 5896631843.709673,
      "current_below_peak_pct": 70.31135918951567,
      "lane_volatility_cv": 0.5720562051031962,
      "attention_level": "Watch",
      "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
      "risk_driver_labels": [
        "unrecovered_drawdown"
      ]
    },
    {
      "exporter_iso3": "NGA",
      "importer_iso3": "PRT",
      "hs_code": "271111",
      "hs_description": "Petroleum gases and other gaseous hydrocarbons: liquefied, natural gas",
      "buyer_imports_latest_usd": 1055835564.6602535,
      "current_below_peak_pct": 44.14700820839303,
      "lane_volatility_cv": 0.5586032289894877,
      "attention_level": "Watch",
      "primary_risk_reason": "The buyer market is concentrated among relatively few suppliers",
      "risk_driver_labels": [
        "concentrated_buyer_market"
      ]
    },
    {
      "exporter_iso3": "NGA",
      "importer_iso3": "PRT",
      "hs_code": "440290",
      "hs_description": "Wood: charcoal of wood other than bamboo (including shell or nut charcoal), whether or not agglomerated",
      "buyer_imports_latest_usd": 16256892.923492428,
      "current_below_peak_pct": 14.799214402642647,
      "lane_volatility_cv": 0.9650776788802343,
      "attention_level": "Watch",
      "primary_risk_reason": "The buyer market is concentrated among relatively few suppliers",
      "risk_driver_labels": [
        "concentrated_buyer_market"
      ]
    },
    {
      "exporter_iso3": "NGA",
      "importer_iso3": "PRT",
      "hs_code": "271112",
      "hs_description": "Petroleum gases and other gaseous hydrocarbons: liquefied, propane",
      "buyer_imports_latest_usd": 174199341.68693325,
      "current_below_peak_pct": 89.99209543668782,
      "lane_volatility_cv": 0.9380347002295879,
      "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"
      ]
    },
    {
      "exporter_iso3": "NGA",
      "importer_iso3": "PRT",
      "hs_code": "550320",
      "hs_description": "Fibres: synthetic staple fibres, of polyesters, not carded, combed or otherwise processed for spinning",
      "buyer_imports_latest_usd": 17594832.296272103,
      "current_below_peak_pct": 0,
      "lane_volatility_cv": 1.179389483459297,
      "attention_level": "Watch",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": [
        "high_volatility"
      ]
    },
    {
      "exporter_iso3": "NGA",
      "importer_iso3": "PRT",
      "hs_code": "520532",
      "hs_description": "Cotton yarn: (not sewing thread), multiple or cabled, of uncombed fibres, 85% or more by weight of cotton, 714.28 to 232.56 decitex (15 to 43 metric number) per single yarn, not for retail sale",
      "buyer_imports_latest_usd": 29374564.455412388,
      "current_below_peak_pct": 91.84163646183893,
      "lane_volatility_cv": 1.1299332921348557,
      "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"
      ]
    },
    {
      "exporter_iso3": "NGA",
      "importer_iso3": "PRT",
      "hs_code": "520512",
      "hs_description": "Cotton yarn: (not sewing thread), single, of uncombed fibres, 85% or more by weight of cotton, less than 714.29 but not less than 232.56 decitex (exceeding 14 but not exceeding 43 metric number), not for retail sale",
      "buyer_imports_latest_usd": 42733545.19802535,
      "current_below_peak_pct": 83.74968015264004,
      "lane_volatility_cv": 0.6957319607659799,
      "attention_level": "Watch",
      "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
      "risk_driver_labels": [
        "unrecovered_drawdown",
        "concentrated_buyer_market",
        "dominant_supplier"
      ]
    },
    {
      "exporter_iso3": "NGA",
      "importer_iso3": "PRT",
      "hs_code": "080132",
      "hs_description": "Nuts, edible: cashew nuts, shelled, fresh or dried",
      "buyer_imports_latest_usd": 16595901.735116221,
      "current_below_peak_pct": 0,
      "lane_volatility_cv": 1.8342685612932437,
      "attention_level": "Watch",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": [
        "high_volatility"
      ]
    },
    {
      "exporter_iso3": "NGA",
      "importer_iso3": "PRT",
      "hs_code": "390761",
      "hs_description": "Poly(ethylene terephthalate): in primary forms, having a viscosity of 78ml/g or higher",
      "buyer_imports_latest_usd": 166499477.1613422,
      "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",
        "dominant_supplier",
        "limited_history"
      ]
    },
    {
      "exporter_iso3": "NGA",
      "importer_iso3": "PRT",
      "hs_code": "391590",
      "hs_description": "Plastics n.e.c. in heading no. 3915: waste, parings and scrap",
      "buyer_imports_latest_usd": 12477764.66188505,
      "current_below_peak_pct": 89.76021724873173,
      "lane_volatility_cv": 1.3226410454658166,
      "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",
        "limited_history"
      ]
    }
  ],
  "accessProfile": {
    "year": 2024,
    "exporter_iso3": "NGA",
    "importer_iso3": "PRT",
    "distance_km": 3790,
    "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": 1,
    "importer_gdp_million_usd": 249886.46435499997,
    "importer_gdp_per_capita_usd": 24262.180935281518,
    "importer_population": 10299.423,
    "importer_biz_entry_days": 6.5,
    "importer_biz_entry_cost_pct": 1.9,
    "exporter_gdp_million_usd": 440776.971536,
    "exporter_gdp_per_capita_usd": 2085.030695738767,
    "avg_applied_tariff_pct": 1.6492073756558465,
    "avg_mfn_tariff_pct": 5.920413126868689,
    "avg_preferential_tariff_pct": 1.4054732487986503,
    "tariff_advantage_pp": 4.514939878070038
  },
  "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-PRT/risk",
    "html": "https://www.yugalinks.com/trade/corridor/NGA-PRT/risk/index.html",
    "markdown": "https://www.yugalinks.com/trade/corridor/NGA-PRT/risk/index.md",
    "json": "https://www.yugalinks.com/trade/corridor/NGA-PRT/risk/index.json",
    "jsonLd": "https://www.yugalinks.com/trade/corridor/NGA-PRT/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"
  }
}