Flag Niger

Product Exports (2018): $539M, Rank 161 of 222

Exports Per Capita (2018): $24, Rank 50 of 219

Product Imports (2018): $1.15B, Rank 168 of 221

Imports Per Capita (2018): $51.2, Rank 53 of 219

Service Exports (2013): $115M, Rank 170 of 183

Service Imports (2013): $959M, Rank 132 of 181

GDP (2018): $9.29B, CURRENT US$
Rank 144 of 196

GDP growth (2008 - 2018): 72.7%, CURRENT US$
Rank 52 of 196

GDP PC (2018): $414, CURRENT US$
Rank 193 of 196

GDP PC GROWTH (2008 - 2018): 17.4%, CURRENT US$
Rank 107 of 196

Overview: In 2018 Niger was the number 144 economy in the world in terms of GDP (current US$), the number 161 in total exports, and the number 168 in total imports. In 2018, Niger exported $539M and imported $1.15B, resulting in a negative trade balance of -$610M. In 2018, Niger's exports per capita were $24 and its imports per capita were $51.2.

Trade: The top exports of Niger are Gold ($305M), Other Oily Seeds ($155M), Refined Petroleum ($15.5M), Onions ($12.6M), and Radioactive Chemicals ($11M). The top imports of Niger are Packaged Medicaments ($76.7M), Cement ($55.5M), Palm Oil ($47.3M), Rolled Tobacco ($44.7M), and Rice ($44.2M).

Destinations: Niger exports mostly to United Arab Emirates ($296M), China ($159M), Burkina Faso ($16.2M), Ghana ($8.85M), and Switzerland ($7.07M), and imports mostly from France ($122M), China ($115M), Nigeria ($111M), Cote d'Ivoire ($97.5M), and India ($93.1M).

Location: Niger borders Algeria, Benin, Burkina Faso, Chad, Libya, Mali, and Nigeria by land.

Product Exports

#permalink to section
Value
Depth

Top Export (2018): Gold, $305M

Top Destination (2018): United Arab Emirates, $296M

In 2018 Niger exported a total of $539M, making it the number 161 exporter in the world. During the last five reported years the exports of Niger have changed by -$2.54B from $3.08B in 2013 to $539M in 2018.

The most recent exports are led by Gold ($305M), Other Oily Seeds ($155M), Refined Petroleum ($15.5M), Onions ($12.6M), and Radioactive Chemicals ($11M). The most common destination for the exports of Niger are United Arab Emirates ($296M), China ($159M), Burkina Faso ($16.2M), Ghana ($8.85M), and Switzerland ($7.07M).

Explore Visualizations

Product Imports

#permalink to section
Value
Depth

Top Import (2018): Packaged Medicaments, $76.7M

Top Origin (2018): France, $122M

In 2018 Niger imported $1.15B, making it the number 168 trade destination in the world. During the last five reported years the imports of Niger changed by -$857M from $2.01B in 2013 to $1.15B in 2018.

The most recent imports of Niger are led by Packaged Medicaments ($76.7M), Cement ($55.5M), Palm Oil ($47.3M), Rolled Tobacco ($44.7M), and Rice ($44.2M). The most common import partners for Niger are France ($122M), China ($115M), Nigeria ($111M), Cote d'Ivoire ($97.5M), and India ($93.1M).

Explore Visualizations

Flow

Fastest Growing Export Markets (2017 - 2018)

Fastest Growing Import Markets (2017 - 2018)

Niger Exports Services (2013): $115M

Niger Imports Services (2013): $959M

In 2013, Niger exported $115M worth of services. The top services exported by Niger in 2013 were Travel ($87.8M), Transportation ($7.32M), Other business services ($7.16M), Government services, n.i.e. ($5.24M), and Financial services ($3.99M).

The top services imported by Niger in 2013 were Transportation ($658M), Communications services ($69.4M), Construction services ($68M), Other business services ($64.9M), and Travel ($63.3M).

Trade Forecasts

#permalink to section

This section shows forecasts for total product exports and imports for Niger. The forecast is based in a long short-term memory model or LSTM constructed using yearly trade data.

Explore Forecasts

Tariffs by Product

#permalink to section

The top product import tariffs by their MFN Ad Valorem value for Niger are Birds' eggs, in shell: fresh, not for incubation, of fowls of the species Gallus domesticus (domestic hens) (35%) and Birds' eggs, in shell: fresh, not for incubation, other than fowls of the species Gallus domesticus (domestic hens) (35%).

Click any of the products in the bar chart to see the specific Ad Valorem Duty Rates by partner country.

Explore Tariff Data

*The tariffs applied to imports for Niger are:
136: Most Favoured Nation duty rate treatement
323: Preferential tariff for UEMOA (French: Union Economique et Monétaire Ouest-Africaine)

Economic Complexity

#permalink to section

Economic Complexity Ranking

#permalink to section
Scale

During the last 5 years Niger's⁩ ⁨economy has become relatively less complex, moving from the ⁩⁨93rd to the 98th⁩ position in the ECI rank.

These economic complexity rankings use 6 digit exports classified according to the HS96 classification. We consider only countries with population of at least 1 million and exports of at least $1 billion, and products with world trade over $500 million. To explore different rankings and vary these parameters visit the custom rankings section.

Explore Rankings

Most Specialized Products by RCA Index

#permalink to section

Niger has a high level of specialization in Other Oily Seeds (1.03k), Onions (71.5), Cassava (44.1), Radioactive Chemicals (37.4), and Insect Resins (36.8). Specialization is measured using RCA, an index that takes the ratio between Niger observed and expected exports in each product.

Most Complex Products by PCI

#permalink to section

The highest complexity exports of Niger according to the product complexity index (PCI) are Machinery, apparatus, equipment for print preparation (1.23), Artificial, graphite and preparations (1.18), Play, fair-ground equipment, travellng circus, theatre (0.8), Clasp, buckle, eye, etc for clothing, footwear, bags (0.64), and Special purpose motor vehicles (0.16). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Export Opportunities by Relatedness

#permalink to section

The top export opportunities for Niger according to the relatedness index, are Raw Cotton (0.058), Crude Petroleum (0.058), Ground Nuts (0.054), Cocoa Beans (0.052), and Other Vegetable Products (0.05). Relatedness measures the distance between a country's current exports and each product. The barchart show only products that Niger is not specialized in.

The product space is a network connecting products that are likely to be co-exported. The product space can be used to predict future exports, since countries are more likely to start exporting products that are related to current exports. Relatedness measures the distance between a product, and all of the products it is currently specialized in.

Diversification Frontier

#permalink to section
Filter
Depth

The Complexity-Relatedness diagram compares the risk and the strategic value of a country's potential export oppotunities. Relatedness is a predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth, less income inequality, and lower emissions.