Niger Trade

Subchapters:

  • Business Relationships
  • Foreign direct investment
  • FTAs ​​and Treaties
  • Development Cooperation
  • Prospective fields of study (MOP)

Business relations

Trade relations with the EU

The EU is the most important funder of development and humanitarian aid in Niger, as well as one of the most important trading partners. In 2021, the EU imported €169.8 million worth of goods from Niger and exported €309 million worth of goods to Niger. Compared to 2020, when the EU imported EUR 48.9 million worth of goods from Niger and exported EUR 335 million worth of goods to Niger, the negative balance decreased.

2017 2018 2019 2020 2021
Exports from the EU (million EUR) 301.9 310.3 366 335.4 309
Imports into the EU (million EUR) 241.1 8.2 55 48.9 169.8
Balance with the EU (million EUR) -60.8 -302.1 -311 -286.5 -139.1

Source: European Commission

Trade relations with the Czech Republic

Trade relations between the Czech Republic and Niger are very low. Mutual trade has so far been characterized by occasional transactions rather than the stable establishment of certain exporters/importers or mutual investments. In 2010 and 2011, however, a Czech association of construction companies was active in the country, preparing a feasibility study for the section of the railway line from Niger to Cotonou, Benin.

In 2020, the main imported commodities were high-strength threads, goods transportation products, polymer sheets and ginger. In particular, rubber tires, parts and components of telephone devices and cotton fabrics were exported.

2017 2018 2019 2020 2021
Exports from the Czech Republic (billion CZK) 0 0 0.1 0 0.1
Imports to the Czech Republic (billion CZK) 0 0 0 0.2 0.1
Balance with the Czech Republic (billion CZK) 0 0 0 0.2 0

Source: businesscarriers.com

Trade relations with countries outside the EU

Niger is the most important exporter of uranium ore in Africa (75 percent of the country’s total exports). Other export commodities include: gold, onions, beans and meat.

Niger’s main export partners are France (55 percent of total exports), China, the United States of America, Switzerland, Nigeria and Ghana. It imports mainly from China, France, the United States, Nigeria and Thailand.

2017 2018 2019 2020 2021
Exports from countries outside the EU (million EUR) 723 711.7 590.7 612.4 717
Imports to countries outside the EU (million EUR) 1,849.6 2,435.5 2,435.6 2,591.9 2,701.8
Balance with non-EU countries (million EUR) -1 126.6 -1,723.8 -1,844.9 -1,979.5 -1,984.8

Source: EIU, Eurostat

Foreign direct investment

Foreign direct investment in Niger was 2.62% of GDP in 2020. The stock of FDI reached USD 8.2 billion in 2020. The mining sector, especially uranium, has traditionally had the lion’s share of their content.

FDI of the Czech Republic does not exist in the country.

FTAs and treaties

Treaties with the EU

Post-Cotonou Partnership Agreement – ​​signed in April 2021 as a continuation of the agreement between the EU and African countries. It regulates, among other things, economic relations and development issues.

Economic Partnership Agreements (EPAs): The trade regime between the EU and the ACP countries provides these countries with unilateral preferences, i.e. the countries have better, more favorable conditions. This regime is not formally in line with the globally recognized rules of the “World Trade Organization” (WTO), and when the Cotonou Agreement was signed, the other WTO countries not affected by the Agreement had to officially waive the WTO terms to the signatories of the Agreement. The “waiver” of the conditions was limited in time and its validity ended on 31/12/2007. Already in 2005, negotiations on Economic Partnership Agreements – so-called “Economic Partnership Agreements” (EPAs) between the EU and the ACP countries were started, and the negotiations are still ongoing.

Contracts with the Czech Republic

  • 1963 Agreement on Scientific and Technical Cooperation between the Czechoslovak Socialist Republic and the Republic of Niger.
  • Agreement on cultural cooperation between the Czechoslovak Socialist Republic and the Republic of Niger from 1963 (both published under No. 1/1964 Coll.).

After the Czech Republic joined the EU, trade relations with Niger are governed by EU rules.

Developmental cooperation

Within the framework of the 11th EDF (2014-2020), Niger received an amount of 686 million Euros (envelope A) in the form of direct budget support, support for sectoral policies. Specific programs were focused in particular on strengthening food security, good governance (including finance, fighting corruption), internal security and electoral support, and social services.

In the past, the Czech Republic has contributed several times to international organizations to alleviate the consequences of the famine in Niger. In 2012, ZÚ Abuja purchased computer technology and school equipment for a high school in the capital city of Niamey as part of a small development project. Currently, the Czech Republic is not involved in development aid in Niger.

Prospective fields of study (MOP)

Prospective items are food products, household goods of all kinds, costume jewelry, glass and porcelain, textiles, chemicals, telecommunications equipment, mining and construction machinery, machinery (also refurbished), simple workshop machinery, agricultural machinery, irrigation systems and water treatment, cars (also used), clothing (including second-hand), tires, etc. The most promising sectors for investment remain mining of mineral resources, energy and agricultural infrastructure. Africa takes everything, therefore machinery, technology, genetics, vaccines, processing machinery and technology for agricultural products.

Niger Trade