Nigeria-Poland Bilateral Trade: Identifying New Trade Opportunities

This paper examines the bilateral trade relationship between Nigeria and Poland for the period 1995 to 2012. It uses the Decision Support Model (DSM) and the Growth Identification and Facilitation Framework (GIFF) to identify market for Nigerian exports in Poland.

The import and export indicators reveal low trade intensities between the two countries as well as weak complementarity between Poland’s import demand and Nigeria’s export supply. There is also evidence of rising growth in the demand for products in which Nigeria has actual and potential export capacity. In addition, Nigeria faces relatively lower tariffs on Poland’s top imports while the cost of transportation and logistics associated with trading with Poland is lower than those of Nigeria’s current major export partners such as India and Brazil.

Furthermore, the paper identifies enormous unexploited market opportunities available to Nigeria for trading with Poland and therefore recommends that, in its quest for industrialization, the Nigerian government should support its private sector to take advantage of this opportunity.

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