2023
Flag
 GDP
$364BCURRENT US$
Rnk 41 / 195
2013-2023
Flag
GDP GROWTH
-30%CURRENT US$
Rnk 191 / 195
2023
Flag
GDP PC
$1,597CURRENT US$
Rnk 164 / 196
2013-2023
Flag
GDP PC GROWTH
-44.4%CURRENT US$
Rnk 192 / 195

About

Gibraltar-Nigeria Trade: In 2023, Gibraltar exported $598k to Nigeria. The main products that Gibraltar exported to Nigeria were Cars ($555k), Trailers and semi-trailers, not mechanically propelled vehicles ($40.5k), and Centrifuges ($2.53k). Over the past 5 years the exports of Gibraltar to Nigeria have increased at an annualized rate of 36.5%, from $126k in 2018 to $598k in 2023.

In 2023, Gibraltar did not export any services to Nigeria.

Nigeria-Gibraltar Trade: In 2023, Nigeria exported $478M to Gibraltar. The main products that Nigeria exported to Gibraltar were Crude Petroleum ($478M). Over the past 5 years the exports of Nigeria to Gibraltar have increased at an annualized rate of 26.4%,  from $148M in 2018 to $478M in 2023.

In 2023, Nigeria did not export any services to Gibraltar.

Comparison In 2023,  Gibraltar ranked 177 in total exports ($296M), and does not have data regarding Economic Complexity Index. That same year, Nigeria ranked 129 in the Economic Complexity Index (ECI -1.75), and 52 in total exports ($61B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Gibraltar exported $598k to Nigeria. The main products exported from Gibraltar to Nigeria were Cars ($555k), Trailers and semi-trailers, not mechanically propelled vehicles ($40.5k), and Centrifuges ($2.53k). During the last 5 years the exports of Gibraltar to Nigeria have increased at an annualized rate of 36.5%, from $126k in 2018 to $598k in 2023.

In 2018, Nigeria exported $478M to Gibraltar. The main products exported from Nigeria to Gibraltar were Crude Petroleum ($478M). During the last 5 years the exports of Nigeria to Gibraltar have increased at an annualized rate of 26.4%, from $148M in 2023 to $478M in 2018.

Exports from Gibraltar (Flag) to Nigeria (Flag) (2023)

Exports from Nigeria (Flag) to Gibraltar (Flag) (2023)

Market Competitiveness

Color
Gibraltar
Top Destination
Netherlands$113M
Nigeria
Top Destination
United States$6.29B

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

In 2023, countries that imported more from Gibraltar than Nigeria included Cyprus ($20.9M), New Zealand ($193k), and Malta ($81.2k).

In 2023, countries that imported more from Nigeria than Gibraltar included United States ($6.29B), Spain ($5.76B), and France ($4.76B).

Difference in imports from Nigeria (Flag) and Gibraltar (Flag) (2023)

Comparative Advantage Gibraltar - Nigeria

Flow
Scale

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

During 2023, Gibraltar had a large net trade with Nigeria in the exports of Transportation ($595k) and Machines ($2.53k).

During 2018, Nigeria had a large net trade with Gibraltar in the exports of Mineral Products ($478M).

Economic Complexity

Competitive Landscape

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

Product Space of Gibraltar (Flag) and Nigeria (Flag) (2023)

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