The High Commission of the People's Republic of Bangladesh in Nigeria kindly requests that all communications be directed to the following email addresses and contacts of this High Commission:

For Consular Service call: +234 8187 797 283 or +234 9073 859 213, or any consular related services/queries, email : consular.abuja@mofa.gov.bd

For Commercial Service call: +234 703 559 0525 or any commercial related services/queries, email: commerce.abuja@mofa.gov.bd

For Bangladeshi citizens Call: +234 8167 361 027 or To reach the office of the High Commissioner, please email: ss.abuja@mofa.gov.bd

For any other general information, please email :mission.abuja@mofa.gov.bd

This content was last updated on: Thursday, September 4, 2025 at 08:52 PM

Trade, Commerce and Investment

Content: Pages

TRADE, COMMERCE AND INVESTMENT BETWEEN BANGLADESH AND NIGERIA


Trade and Economic cooperation:

There exists huge potential for enhancement of trade and economic cooperation between the two countries which needs to be fully exploited. Jute products, pharmaceutical, ceramics, iron chin, tobacco, articles of paper pulp, paper yarn, articles of human hair and cotton bags are the mainstay of Bangladesh’s export basket. The Nigerian importers may import various products and services from Bangladesh including pharmaceuticals, jute bags, ready-made garments, textiles ceramic products, light engineering, frozen fish, food items, leather, natural fibres, knit wears, footwears etc. which have great prospects in the Nigerian market. The volume of Nigerian imports from Bangladesh is insignificant but could be increased manifold. Nigeria could also export more to Bangladesh (oil, cotton, cashewnuts etc. are potentials items). Bilateral trade volume between Bangladesh and Nigeria for the last 09 (nine) years are as under which is in favour of Nigeria:

Bangladesh – Nigeria Balance of Trade

Value in Million US$

FY

Export

Import

Balance

2010-11

14.12

21.90

-7.78

2011-12

4.23

13.20

-8.97

2012-13

6.53

6.70

-0.17

2013-14

3.36

4.90

-1.54

2014-15

2.43

3.70

-1.27

2015-16

4.09

3.30

0.79

2016-17

3.50

4.40

-0.90

2017-18

5.13

9.10

-3.97

2018-19

5.47

5.80

- 0.33

2019-20

5.15

139.60 (P)

-134.45




Source:Export Promotion Bureay(EPB), Dhaka

AGREEMENT/MOU:


1. Memorandum of Understanding (MoU) on cooperation between the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) and the Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA) has been signed on 29 September 2021.

2. Dhaka Chamber of Commerce and Industries (DCCI) and Lagos Chamber of Commerce and Industry (LCCI) signed an MoU on 29 September 2020.


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