2022
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GDP
$477BCURRENT US$
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2012-2022
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GDP GROWTH
2.89%CURRENT US$
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2022
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 GDP
$1.63BCURRENT US$
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2012-2022
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GDP GROWTH
65.1%CURRENT US$
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2022
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GDP PC 
$2,184CURRENT US$
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2012-2022
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GDP PC GROWTH
-19.9%CURRENT US$
Rnk 173 / 186
2022
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GDP PC
$776CURRENT US$
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2012-2022
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GDP PC GROWTH
29.6%CURRENT US$
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About

Nigeria-Guinea-Bissau In 2022, Nigeria exported $3.79M to Guinea-Bissau. The main products that Nigeria exported to Guinea-Bissau are Rolled Tobacco ($3.79M). During the last 14 years the exports of Nigeria to Guinea-Bissau have increased at an annualized rate of 35.4%, from $54.5k in 2008 to $3.79M in 2022.

In 2022, Nigeria did not export any services to Guinea-Bissau.

Guinea-Bissau-Nigeria In 2022, Guinea-Bissau exported $1.14k to Nigeria. The main products that Guinea-Bissau exported to Nigeria were N/A. During the last 14 years the exports of Guinea-Bissau to Nigeria have decreased at an annualized rate of 11%, from $5.83k in 2008 to $1.14k in 2022.

In 2022, Guinea-Bissau did not export any services to Nigeria.

Comparison In 2022,  Nigeria ranked 119 in the Economic Complexity Index (ECI -1.67),  and 51 in total exports ($70.7B). That same year, Guinea-Bissau ranked 184 in total exports ($221M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Nigeria exported $3.79M to Guinea-Bissau. The main products exported from Nigeria to Guinea-Bissau were Rolled Tobacco ($3.79M). During the last 14 years the exports of Nigeria to Guinea-Bissau have increased at an annualized rate of 35.4%, from $54.5k in 2008 to $3.79M in 2022.

In 2021, Guinea-Bissau exported $1.14k to Nigeria. There were not main exports from Guinea-Bissau to Nigeria in 2021. During the last 24 years the exports of Guinea-Bissau to Nigeria have decreased at an annualized rate of 11%, from $5.83k in 1997 to $1.14k in 2021.

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

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

Latest Data

Trade between Nigeria (Flag) and Guinea-Bissau (Flag)

Nigeria Exports

Market Competitiveness

Color
Nigeria
Top Destination
Spain$9.41B
Guinea-Bissau
Top Destination
India$203M

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

In 2021, countries that imported more from Nigeria than Guinea-Bissau were Spain ($9.41B), India ($8.2B), and France ($4.95B).

In 2021, countries that imported more from Guinea-Bissau than Nigeria were Cape Verde ($113k).

Difference in imports from Guinea-Bissau (Flag) and Nigeria (Flag) (2022)

Comparative Advantage Nigeria - Guinea-Bissau

Flow
Scale

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

During 2022, Nigeria had a large net trade with Guinea-Bissau in the exports of Foodstuffs ($3.79M).

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

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Nigeria has comparative advantage over Guinea-Bissau. Similarly, the more yellow a dot/product is, the more Guinea-Bissau has comparative advantage over Nigeria.

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

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