Gabon (GAB) and Nigeria (NGA) Trade | The Observatory of Economic Complexity

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Gabon-Nigeria Trade: In 2022, Gabon exported $1.62M to Nigeria. The main products that Gabon exported to Nigeria were Stearic Acid ($1.11M), Machinery Having Individual Functions ($208k), and Centrifuges ($111k). Over the past 5 years the exports of Gabon to Nigeria have decreased at an annualized rate of 49%, from $46.9M in 2017 to $1.62M in 2022.

In 2022, Gabon did not export any services to Nigeria.

Nigeria-Gabon Trade: In 2022, Nigeria exported $7.83M to Gabon. The main products that Nigeria exported to Gabon were Rolled Tobacco ($5.41M), Glass Bottles ($1.33M), and Aluminium Cans ($382k). Over the past 5 years the exports of Nigeria to Gabon have increased at an annualized rate of 6.07%, from $5.83M in 2017 to $7.83M in 2022.

In 2022, Nigeria did not export any services to Gabon.

Comparison: In 2022, Gabon ranked 112 in the Economic Complexity Index (ECI -0.99), and 112 in total exports ($7.88B). That same year, Nigeria ranked 127 in the Economic Complexity Index (ECI -1.67), and 51 in total exports ($70.7B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Gabon exported $1.62M to Nigeria. The main products exported from Gabon to Nigeria were Stearic Acid ($1.11M), Machinery Having Individual Functions ($208k), and Centrifuges ($111k). During the last 5 years the exports of Gabon to Nigeria have decreased at an annualized rate of 49%, from $46.9M in 2017 to $1.62M in 2022.

In 2017, Nigeria exported $7.83M to Gabon. The main products exported from Nigeria to Gabon were Rolled Tobacco ($5.41M), Glass Bottles ($1.33M), and Aluminium Cans ($382k). During the last 5 years the exports of Nigeria to Gabon have increased at an annualized rate of 6.07%, from $5.83M in 2022 to $7.83M in 2017.

Exports from Gabon () to Nigeria () (2022)

Exports from Nigeria () to Gabon () (2022)

Latest Data

Trade between Gabon () and Nigeria ()

Nigeria Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Gabon
Top DestinationChina$3.4B

Nigeria
Top DestinationSpain$9.41B

This map shows whether countries import more from Gabon or Nigeria. Each country is colored based on the difference in imports they receive from Gabon and Nigeria or the difference in the growth in imports.

In 2022, countries that imported more from Gabon than Nigeria included China ($3.4B), Norway ($168M), and Georgia ($26M).

In 2022, countries that imported more from Nigeria than Gabon included Spain ($9.41B), India ($8.2B), and France ($4.95B).

Difference in imports from Nigeria () and Gabon () (2022)

Comparative Advantage Gabon - Nigeria

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

This chart compares trade between Gabon and Nigeria by product, considering products traded by both, Gabon and Nigeria.

During 2022, Gabon had a large net trade with Nigeria in the exports of Animal and Vegetable Bi-Products ($1.11M), Machines ($377k), and Metals ($59.1k).

During 2017, Nigeria had a large net trade with Gabon in the exports of Foodstuffs ($5.43M), Stone And Glass ($1.34M), and Metals ($419k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Gabon Nigeria+$84.3kVeneer Sheets

Top Product Potential Nigeria Gabon+$87.7kPlastic Lids

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

Year

This visualization shows the product space at the HS4 level with the flags of Gabon and Nigeria. This means that a dot/product with the flag of Gabon indicates it has a comparative advantage over Nigeria. Similarly, a dot/product with the flag of Nigeria indicates it has a comparative advantage over Gabon.

About

Historical Data

Bilateral Trade by Products

Exports from Gabon () to Nigeria () (2022)

Exports from Nigeria () to Gabon () (2022)

Latest Data

Trade between Gabon () and Nigeria ()

Nigeria Exports

Market Competitiveness

Difference in imports from Nigeria () and Gabon () (2022)

Comparative Advantage Gabon - Nigeria

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Gabon () and Nigeria () (2022)

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