Publications

May 13, 2014

Nigeria-Poland Bilateral Trade: Identifying New Trade Opportunities

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

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The import and export indicators reveal low trade intensities between the twocountries as well as weak complementarity between Polands importdemand and Nigerias export supply. There is also evidence of rising growth inthe demand for products in which Nigeria has actual and potential exportcapacity. In addition, Nigeria faces relatively lower tariffs on Polands topimports while the cost of transportation and logistics associated with tradingwith Poland is lower than those of Nigerias current major export partners suchas India and Brazil.

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




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Nigeria Economic Update (Issue 36)

Power sector statistics show a significant increase in power generated from August 12 to August 19, 2016. Precisely, power generated increased by 2.2 percent to 3953.6MW(a 4-month high). Increased water reserves in dams for hydro generating plants occasioned by seasonal adjustments (rainy season), led to improved power generation. Additionally, in a bid to further improve and sustain power generation, the federal government received a $100 million credit facility from India. However, consistent power supply could be jeopardized if the development is not aided by improved distribution by DISCOs.