24Peaks / Africa / Nigeria / Export Market Concentration Index (HHI)

Nigeria - Export Market Concentration Index (HHI) 0.05

World Bank WITS · updated 2026-10-03 · 167 economies tracked

Latest value

0.05 (2023)

Global rank

##121 of 167 economies

vs global median

0.5×

Growth since 1996

0.32×

Ranking Race — Export Market Concentration Index (HHI)

1 = global #1 · higher value ranks higher

#1#21#41#61#81#101#12119881993199820032008201320182023#43#1212016 overtook Slovenia2019 overtook Tanzania
NigeriaMexicoMacao SAR, ChinaCongo, Dem. Rep.Cayman Islands

Real annual global ranks, 1988 - 2023. Nigeria climbed from #43 to #121 (overtook Slovenia). Gaps in a lane = missing data that year.

Key events for Nigeria ↓

Key Events — Nigeria

Auto-detected from rank data + curated milestones

2000
Climbed 16 places in global rank auto
2002
Fell 17 places in global rank auto
2011
Fell 19 places in global rank auto
2012
Fell 51 places in global rank auto
2016
Overtook Slovenia in global rank auto
2016
Oil price recession curated

First recession in 25 years as crude prices collapse.

2019
Overtook Tanzania in global rank auto
2020
COVID-19 oil shock curated

Dual pandemic and oil shock push GDP down.

Export Market Concentration Index (HHI), 1996-2023

World Bank WITS · index (0-1) · linear scale · ranking in the race above
19962006201620230.050.120.190.26

Explore

Related indicators

Community estimates

No community estimates yet for Export Market Concentration Index (HHI) — be the first.

Add your estimate

Free: latest value, global rank and the ranking race. Subscribers unlock full history, multi-country comparison and export — sign up or login.