Guinea-Bissau (GNB) and Nigeria (NGA) Trade | The Observatory of Economic Complexity

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Guinea-Bissau-Nigeria Trade: In 2021, Guinea-Bissau exported $1.14k to Nigeria. The main products that Guinea-Bissau exported to Nigeria were N/A. Over the past 10 years the exports of Guinea-Bissau to Nigeria have decreased at an annualized rate of 24.5%, from $19.1k in 2011 to $1.14k in 2021.

In 2021, Guinea-Bissau did not export any services to Nigeria.

Nigeria-Guinea-Bissau Trade: In 2021, Nigeria exported $3.79M to Guinea-Bissau. The main products that Nigeria exported to Guinea-Bissau were N/A. Over the past 10 years the exports of Nigeria to Guinea-Bissau have increased at an annualized rate of 122%, from $70.1k in 2011 to $3.79M in 2021.

In 2021, Nigeria did not export any services to Guinea-Bissau.

Comparison In 2023, Guinea-Bissau ranked 194 in total exports ($109M), 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2021, Guinea-Bissau exported $1.14k to Nigeria. There were not main exports from Guinea-Bissau to Nigeria in 2021. During the last 10 years the exports of Guinea-Bissau to Nigeria have decreased at an annualized rate of 24.5%, from $19.1k in 2011 to $1.14k in 2021.

In 2017, Nigeria exported $3.79M to Guinea-Bissau. There were not main exports from Nigeria to Guinea-Bissau in 2017. During the last 5 years the exports of Nigeria to Guinea-Bissau have increased at an annualized rate of 122%, from $70.1k in 2022 to $3.79M in 2017.

Exports from Guinea-Bissau () to Nigeria () (2022)

Exports from Nigeria () to Guinea-Bissau () (2022)

Latest Data

Trade between Guinea-Bissau () and Nigeria ()

Nigeria Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Guinea-Bissau
Top DestinationIndia$72.3M

Nigeria
Top DestinationUnited States$6.29B

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

In 2023, countries that imported more from Guinea-Bissau than Nigeria included Chile ($10M) and Slovenia ($175k).

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

Difference in imports from Nigeria () and Guinea-Bissau () (2023)

Comparative Advantage Guinea-Bissau - Nigeria

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

This chart compares trade between Guinea-Bissau and Nigeria by product, considering products traded by both, Guinea-Bissau and Nigeria.

During 2021, Guinea-Bissau had a large net trade with Nigeria in the exports of .

During 2017, Nigeria had a large net trade with Guinea-Bissau in the exports of .

Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Guinea-Bissau () to Nigeria () (2022)

Exports from Nigeria () to Guinea-Bissau () (2022)

Latest Data

Trade between Guinea-Bissau () and Nigeria ()

Nigeria Exports

Market Competitiveness

Difference in imports from Nigeria () and Guinea-Bissau () (2023)

Comparative Advantage Guinea-Bissau - Nigeria

Economic Complexity

Competitive Landscape

Product Space of Guinea-Bissau () and Nigeria () (2022)

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