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Pricing

2023
Flag → Flag
Exports $23.8kRnk 69 / 101
2023
Flag → Flag
Top Product $8.75kOther Measuring Instruments
2023
Flag → Flag
Exports $4.76MRnk 157 / 0
2023
Flag
Economic Complexity (ECI) ECI -1.94Rnk 130 / 132
2023
Flag
Economic Complexity (ECI) ECI -1.75Rnk 129 / 132
2023
Flag  
GDP$66.4BCURRENT US$
Rnk 87 / 195
2013-2023
Flag
GDP GROWTH103%CURRENT US$
Rnk 12 / 195
2023
Flag
 GDP$364BCURRENT US$
Rnk 41 / 195
2013-2023
Flag
GDP GROWTH-30%CURRENT US$
Rnk 191 / 195
2023
Flag
GDP PC $628CURRENT US$
Rnk 188 / 195
2013-2023
Flag
GDP PC GROWTH45.5%CURRENT US$
Rnk 51 / 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

Democratic Republic of the Congo-Nigeria Trade: In 2023, Democratic Republic of the Congo exported $23.8k to Nigeria. The main products that Democratic Republic of the Congo exported to Nigeria were Other Measuring Instruments ($8.75k), Office Machine Parts ($4.75k), and Broadcasting Equipment ($3.58k). Over the past 5 years the exports of Democratic Republic of the Congo to Nigeria have decreased at an annualized rate of 41.3%, from $341k in 2018 to $23.8k in 2023.

In 2023, Democratic Republic of the Congo did not export any services to Nigeria.

Nigeria-Democratic Republic of the Congo Trade: In 2023, Nigeria exported $4.76M to Democratic Republic of the Congo. The main products that Nigeria exported to Democratic Republic of the Congo were N/A. Over the past 5 years the exports of Nigeria to Democratic Republic of the Congo have increased at an annualized rate of 23.6%,  from $1.65M in 2018 to $4.76M in 2023.

In 2023, Nigeria did not export any services to Democratic Republic of the Congo.

Comparison: In 2023,  Democratic Republic of the Congo ranked 130 in the Economic Complexity Index (ECI -1.94), and 78 in total exports ($20.7B). 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, Democratic Republic of the Congo exported $23.8k to Nigeria. The main products exported from Democratic Republic of the Congo to Nigeria were Other Measuring Instruments ($8.75k), Office Machine Parts ($4.75k), and Broadcasting Equipment ($3.58k). During the last 5 years the exports of Democratic Republic of the Congo to Nigeria have decreased at an annualized rate of 41.3%, from $341k in 2018 to $23.8k in 2023.

In 2017, Nigeria exported $4.76M to Democratic Republic of the Congo. There were not main exports from Nigeria to Democratic Republic of the Congo in 2017. During the last 5 years the exports of Nigeria to Democratic Republic of the Congo have increased at an annualized rate of 23.6%, from $1.65M in 2022 to $4.76M in 2017.

Exports from Democratic Republic of the Congo (Flag) to Nigeria (Flag) (2023)

Exports from Nigeria (Flag) to Democratic Republic of the Congo (Flag) (2023)

Latest Data

Trade between Democratic Republic of the Congo (Flag) and Nigeria (Flag)

Democratic Republic of the Congo Exports

Market Competitiveness

Color
Democratic Republic of the Congo
Top DestinationChina$14.3B
Nigeria
Top DestinationUnited States$6.29B

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

In 2023, countries that imported more from Democratic Republic of the Congo than Nigeria included China ($14.3B), Egypt ($532M), and Saudi Arabia ($358M).

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

Difference in imports from Nigeria (Flag) and Democratic Republic of the Congo (Flag) (2023)

Comparative Advantage Democratic Republic of the Congo - Nigeria

Flow
Scale

This chart compares trade between Democratic Republic of the Congo and Nigeria by product, considering products traded by both, Democratic Republic of the Congo and Nigeria.

During 2023, Democratic Republic of the Congo had a large net trade with Nigeria in the exports of Instruments ($10.2k), Machines ($8.62k), and Textiles ($2.22k).

During 2017, Nigeria had a large net trade with Democratic Republic of the Congo in the exports of .

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Democratic Republic of the Congo Nigeria+$23.4kComputers
Top Product Potential Nigeria Democratic Republic of the Congo+$25.5kRubber Footwear

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

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

Product Space of Democratic Republic of the Congo (Flag) and Nigeria (Flag) (2023)

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