{
  "template": "Corridor pair risk profile",
  "pageType": "Corridor pair risk profile",
  "source": "api",
  "generatedAt": "2026-08-29T11:48:04.750Z",
  "seo": {
    "title": "Thailand exports to Nigeria: Trade Route Risk | Yugalinks",
    "description": "Understand reported exports from Thailand 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": "THA",
    "country_name": "Thailand"
  },
  "importer": {
    "iso3": "NGA",
    "country_name": "Nigeria"
  },
  "latestYear": 2024,
  "risk": {
    "exporter_iso3": "THA",
    "importer_iso3": "NGA",
    "all_history_lane_count": 204,
    "current_lane_count": 111,
    "current_product_count": 111,
    "first_observed_last_year": 1998,
    "latest_data_year": 2024,
    "current_trade_usd": 160910710.33093145,
    "attention_trade_usd": 139746928.22930565,
    "critical_trade_usd": 29429181.449464083,
    "high_volatility_trade_usd": 114779465.87390469,
    "unrecovered_drawdown_trade_usd": 83039668.87510811,
    "declining_demand_trade_usd": 0,
    "concentrated_market_trade_usd": 104556340.9547029,
    "access_friction_trade_usd": 160910710.33093145,
    "buyer_macro_weakness_trade_usd": 160910710.33093145,
    "critical_lane_count": 2,
    "high_attention_lane_count": 31,
    "high_volatility_lane_count": 75,
    "unrecovered_drawdown_lane_count": 64,
    "declining_demand_lane_count": 0,
    "concentrated_market_lane_count": 79,
    "access_friction_lane_count": 111,
    "trade_weighted_volatility_cv": 1.1838408586490121,
    "trade_weighted_below_peak_pct": 47.6957735397639,
    "product_concentration_hhi": 532.1202601913275,
    "top1_product_share_pct": 13.657577602779961,
    "top3_product_share_pct": 31.946715341927078,
    "top_product_hs6": "760612",
    "top_product_trade_usd": 21976505.134631436,
    "top_product_description": "Aluminium: plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square)",
    "top_attention_product_hs6": "760612",
    "top_attention_product_reason": "Trade has varied substantially across reported years",
    "distance_km": 10601.392578125,
    "shares_land_border": 0,
    "shares_official_language": 0,
    "common_spoken_language_score": 0.05299999937415123,
    "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": 86.84749942492948,
    "critical_trade_share_pct": 18.289137739147115,
    "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": "THA",
      "importer_iso3": "NGA",
      "export_value_usd": 42611556.5894485,
      "yoy_growth_pct": null,
      "cagr_3y_pct": null
    },
    {
      "year": 1996,
      "exporter_iso3": "THA",
      "importer_iso3": "NGA",
      "export_value_usd": 109250979.28529964,
      "yoy_growth_pct": 156.3881445071463,
      "cagr_3y_pct": null
    },
    {
      "year": 1997,
      "exporter_iso3": "THA",
      "importer_iso3": "NGA",
      "export_value_usd": 202333112.78361827,
      "yoy_growth_pct": 85.20027381653262,
      "cagr_3y_pct": null
    },
    {
      "year": 1998,
      "exporter_iso3": "THA",
      "importer_iso3": "NGA",
      "export_value_usd": 168419472.42265403,
      "yoy_growth_pct": -16.761290277401407,
      "cagr_3y_pct": 58.10840874455761
    },
    {
      "year": 1999,
      "exporter_iso3": "THA",
      "importer_iso3": "NGA",
      "export_value_usd": 177073847.738125,
      "yoy_growth_pct": 5.138583556272236,
      "cagr_3y_pct": 17.46532788942321
    },
    {
      "year": 2000,
      "exporter_iso3": "THA",
      "importer_iso3": "NGA",
      "export_value_usd": 190999958.49931836,
      "yoy_growth_pct": 7.8645779368779145,
      "cagr_3y_pct": -1.9030653594354852
    },
    {
      "year": 2001,
      "exporter_iso3": "THA",
      "importer_iso3": "NGA",
      "export_value_usd": 269392777.85482633,
      "yoy_growth_pct": 41.04336983706085,
      "cagr_3y_pct": 16.94936875020121
    },
    {
      "year": 2002,
      "exporter_iso3": "THA",
      "importer_iso3": "NGA",
      "export_value_usd": 245808430.19920224,
      "yoy_growth_pct": -8.75463248993762,
      "cagr_3y_pct": 11.552878935796262
    },
    {
      "year": 2003,
      "exporter_iso3": "THA",
      "importer_iso3": "NGA",
      "export_value_usd": 200959774.56564263,
      "yoy_growth_pct": -18.24536920772588,
      "cagr_3y_pct": 1.70882114650881
    },
    {
      "year": 2004,
      "exporter_iso3": "THA",
      "importer_iso3": "NGA",
      "export_value_usd": 263503629.6233183,
      "yoy_growth_pct": 31.122574252911495,
      "cagr_3y_pct": -0.734069544821303
    },
    {
      "year": 2005,
      "exporter_iso3": "THA",
      "importer_iso3": "NGA",
      "export_value_usd": 241871794.5034902,
      "yoy_growth_pct": -8.209312012419367,
      "cagr_3y_pct": -0.5367106186771609
    },
    {
      "year": 2006,
      "exporter_iso3": "THA",
      "importer_iso3": "NGA",
      "export_value_usd": 254130496.996552,
      "yoy_growth_pct": 5.068264581335824,
      "cagr_3y_pct": 8.139050080739407
    },
    {
      "year": 2007,
      "exporter_iso3": "THA",
      "importer_iso3": "NGA",
      "export_value_usd": 287033168.02863896,
      "yoy_growth_pct": 12.947155662523024,
      "cagr_3y_pct": 2.89205176295273
    },
    {
      "year": 2008,
      "exporter_iso3": "THA",
      "importer_iso3": "NGA",
      "export_value_usd": 679342613.240477,
      "yoy_growth_pct": 136.67739094622507,
      "cagr_3y_pct": 41.09161682671352
    },
    {
      "year": 2009,
      "exporter_iso3": "THA",
      "importer_iso3": "NGA",
      "export_value_usd": 659457983.0099272,
      "yoy_growth_pct": -2.9270400300225208,
      "cagr_3y_pct": 37.417944492674835
    },
    {
      "year": 2010,
      "exporter_iso3": "THA",
      "importer_iso3": "NGA",
      "export_value_usd": 745965613.0343002,
      "yoy_growth_pct": 13.117989660164708,
      "cagr_3y_pct": 37.48719171677355
    },
    {
      "year": 2011,
      "exporter_iso3": "THA",
      "importer_iso3": "NGA",
      "export_value_usd": 788403260.1697798,
      "yoy_growth_pct": 5.688954878611585,
      "cagr_3y_pct": 5.0880140082590675
    },
    {
      "year": 2012,
      "exporter_iso3": "THA",
      "importer_iso3": "NGA",
      "export_value_usd": 707880014.8939613,
      "yoy_growth_pct": -10.213459195802677,
      "cagr_3y_pct": 2.389991545697079
    },
    {
      "year": 2013,
      "exporter_iso3": "THA",
      "importer_iso3": "NGA",
      "export_value_usd": 356339035.19660085,
      "yoy_growth_pct": -49.661096838568106,
      "cagr_3y_pct": -21.82854469632961
    },
    {
      "year": 2014,
      "exporter_iso3": "THA",
      "importer_iso3": "NGA",
      "export_value_usd": 811933577.3812846,
      "yoy_growth_pct": 127.85423352042282,
      "cagr_3y_pct": 0.9851147931542625
    },
    {
      "year": 2015,
      "exporter_iso3": "THA",
      "importer_iso3": "NGA",
      "export_value_usd": 640905073.8345369,
      "yoy_growth_pct": -21.064346679486146,
      "cagr_3y_pct": -3.2588261449152167
    },
    {
      "year": 2016,
      "exporter_iso3": "THA",
      "importer_iso3": "NGA",
      "export_value_usd": 222916874.23866963,
      "yoy_growth_pct": -65.21842573269745,
      "cagr_3y_pct": -14.474980546966854
    },
    {
      "year": 2017,
      "exporter_iso3": "THA",
      "importer_iso3": "NGA",
      "export_value_usd": 162680808.6475012,
      "yoy_growth_pct": -27.021761271726653,
      "cagr_3y_pct": -41.484362586084075
    },
    {
      "year": 2018,
      "exporter_iso3": "THA",
      "importer_iso3": "NGA",
      "export_value_usd": 210317325.3628192,
      "yoy_growth_pct": 29.282198134715067,
      "cagr_3y_pct": -31.024671085184142
    },
    {
      "year": 2019,
      "exporter_iso3": "THA",
      "importer_iso3": "NGA",
      "export_value_usd": 243616787.39154077,
      "yoy_growth_pct": 15.83296191660699,
      "cagr_3y_pct": 3.004157843349131
    },
    {
      "year": 2020,
      "exporter_iso3": "THA",
      "importer_iso3": "NGA",
      "export_value_usd": 246089608.42139772,
      "yoy_growth_pct": 1.0150454146998555,
      "cagr_3y_pct": 14.793945836314016
    },
    {
      "year": 2021,
      "exporter_iso3": "THA",
      "importer_iso3": "NGA",
      "export_value_usd": 269803294.21559584,
      "yoy_growth_pct": 9.63619957230839,
      "cagr_3y_pct": 8.656922241286713
    },
    {
      "year": 2022,
      "exporter_iso3": "THA",
      "importer_iso3": "NGA",
      "export_value_usd": 249371199.59009612,
      "yoy_growth_pct": -7.572959657480216,
      "cagr_3y_pct": 0.7812392245767796
    },
    {
      "year": 2023,
      "exporter_iso3": "THA",
      "importer_iso3": "NGA",
      "export_value_usd": 220422520.5271164,
      "yoy_growth_pct": -11.608669770432234,
      "cagr_3y_pct": -3.6050617044102284
    },
    {
      "year": 2024,
      "exporter_iso3": "THA",
      "importer_iso3": "NGA",
      "export_value_usd": 200794007.83082727,
      "yoy_growth_pct": -8.904948845222204,
      "cagr_3y_pct": -9.377821088470029
    }
  ],
  "riskLanes": [
    {
      "exporter_iso3": "THA",
      "importer_iso3": "NGA",
      "hs_code": "760612",
      "hs_description": "Aluminium: plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square)",
      "buyer_imports_latest_usd": 183883772.2269188,
      "current_below_peak_pct": 30.34886517669101,
      "lane_volatility_cv": 1.234573098594003,
      "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": "THA",
      "importer_iso3": "NGA",
      "hs_code": "100620",
      "hs_description": "Cereals: husked (brown) rice",
      "buyer_imports_latest_usd": 27920847.544272024,
      "current_below_peak_pct": 82.18693999126374,
      "lane_volatility_cv": 1.4929386874450397,
      "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",
        "buyer_macro_weakness"
      ]
    },
    {
      "exporter_iso3": "THA",
      "importer_iso3": "NGA",
      "hs_code": "390120",
      "hs_description": "Ethylene polymers: in primary forms, polyethylene having a specific gravity of 0.94 or more",
      "buyer_imports_latest_usd": 199103609.84604526,
      "current_below_peak_pct": 75.34036099077895,
      "lane_volatility_cv": 0.6451369960285935,
      "attention_level": "Critical 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": "THA",
      "importer_iso3": "NGA",
      "hs_code": "401120",
      "hs_description": "Rubber: new pneumatic tyres, of a kind used on buses or lorries",
      "buyer_imports_latest_usd": 220382059.62223685,
      "current_below_peak_pct": 54.39848145393352,
      "lane_volatility_cv": 1.0108367020625806,
      "attention_level": "High 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",
        "buyer_macro_weakness"
      ]
    },
    {
      "exporter_iso3": "THA",
      "importer_iso3": "NGA",
      "hs_code": "401410",
      "hs_description": "Rubber: vulcanised (other than hard rubber), sheath contraceptives",
      "buyer_imports_latest_usd": 11734355.831668342,
      "current_below_peak_pct": 14.462066500198475,
      "lane_volatility_cv": 1.0593719250519071,
      "attention_level": "High attention",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": [
        "high_volatility",
        "concentrated_buyer_market",
        "dominant_supplier",
        "long_distance_without_fta",
        "buyer_macro_weakness"
      ]
    },
    {
      "exporter_iso3": "THA",
      "importer_iso3": "NGA",
      "hs_code": "220299",
      "hs_description": "Non-alcoholic beverages: other than non-alcoholic beer, n.e.c. in item no. 2202.10, not including fruit, nut or vegetable juices of heading no. 2009",
      "buyer_imports_latest_usd": 23759063.28093455,
      "current_below_peak_pct": 55.48354583466204,
      "lane_volatility_cv": 0.9312305196749293,
      "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": "THA",
      "importer_iso3": "NGA",
      "hs_code": "340111",
      "hs_description": "Soap and organic surface-active products: in the form of bars, cakes, moulded shapes, and paper, wadding, felt and nonwovens, impregnated, coated or covered with soap or detergent, for toilet use (including medicated products)",
      "buyer_imports_latest_usd": 17817146.32642458,
      "current_below_peak_pct": 18.156034100418044,
      "lane_volatility_cv": 1.5850995218188593,
      "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"
      ]
    },
    {
      "exporter_iso3": "THA",
      "importer_iso3": "NGA",
      "hs_code": "210690",
      "hs_description": "Food preparations: n.e.s. in item no. 2106.10",
      "buyer_imports_latest_usd": 247778990.76698488,
      "current_below_peak_pct": 0,
      "lane_volatility_cv": 1.2384589394648902,
      "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"
      ]
    },
    {
      "exporter_iso3": "THA",
      "importer_iso3": "NGA",
      "hs_code": "842911",
      "hs_description": "Bulldozers and angledozers: self-propelled, track laying",
      "buyer_imports_latest_usd": 32488708.7839551,
      "current_below_peak_pct": 0,
      "lane_volatility_cv": 1.7018994807843841,
      "attention_level": "High attention",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": [
        "high_volatility",
        "concentrated_buyer_market",
        "dominant_supplier",
        "long_distance_without_fta",
        "buyer_macro_weakness"
      ]
    },
    {
      "exporter_iso3": "THA",
      "importer_iso3": "NGA",
      "hs_code": "690210",
      "hs_description": "Refractory bricks, blocks, tiles and similar refractory ceramic constructional goods: containing by weight, singly or together, more than 50% of the elements Mg, Ca or Cr, expressed as MgO, CaO or Cr2o3",
      "buyer_imports_latest_usd": 13119310.58315736,
      "current_below_peak_pct": 37.65126231656532,
      "lane_volatility_cv": 0.9195498985999082,
      "attention_level": "High attention",
      "primary_risk_reason": "The buyer market is concentrated among relatively few suppliers",
      "risk_driver_labels": [
        "concentrated_buyer_market",
        "long_distance_without_fta",
        "buyer_macro_weakness"
      ]
    }
  ],
  "accessProfile": {
    "year": 2024,
    "exporter_iso3": "THA",
    "importer_iso3": "NGA",
    "distance_km": 10614,
    "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": 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": 505981.655622,
    "exporter_gdp_per_capita_usd": 7233.388858353161,
    "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/THA-NGA/risk",
    "html": "https://www.yugalinks.com/trade/corridor/THA-NGA/risk/index.html",
    "markdown": "https://www.yugalinks.com/trade/corridor/THA-NGA/risk/index.md",
    "json": "https://www.yugalinks.com/trade/corridor/THA-NGA/risk/index.json",
    "jsonLd": "https://www.yugalinks.com/trade/corridor/THA-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"
  }
}