Gabon (GAB) and Nigeria (NGA) Trade | The Observatory of Economic Complexity

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Gabon-Nigeria Trade: In 2023, Gabon exported $20.3M to Nigeria. The main products that Gabon exported to Nigeria were Tug Boats ($16.1M), Stearic Acid ($2.22M), and Surveying Equipment ($794k). Over the past 5 years the exports of Gabon to Nigeria have decreased at an annualized rate of 20.4%, from $63.5M in 2018 to $20.3M in 2023.

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

Nigeria-Gabon Trade: In 2023, Nigeria exported $24M to Gabon. The main products that Nigeria exported to Gabon were Scrap Vessels ($12.6M), Rolled Tobacco ($4.09M), and Passenger and Cargo Ships ($2.87M). Over the past 5 years the exports of Nigeria to Gabon have increased at an annualized rate of 25.6%, from $7.68M in 2018 to $24M in 2023.

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

Comparison: In 2023, Gabon ranked 92 in the Economic Complexity Index (ECI -0.62), and 102 in total exports ($10.6B). 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 2023, Gabon exported $20.3M to Nigeria. The main products exported from Gabon to Nigeria were Tug Boats ($16.1M), Stearic Acid ($2.22M), and Surveying Equipment ($794k). During the last 5 years the exports of Gabon to Nigeria have decreased at an annualized rate of 20.4%, from $63.5M in 2018 to $20.3M in 2023.

In 2018, Nigeria exported $24M to Gabon. The main products exported from Nigeria to Gabon were Scrap Vessels ($12.6M), Rolled Tobacco ($4.09M), and Passenger and Cargo Ships ($2.87M). During the last 5 years the exports of Nigeria to Gabon have increased at an annualized rate of 25.6%, from $7.68M in 2023 to $24M in 2018.

Exports from Gabon () to Nigeria () (2023)

Exports from Nigeria () to Gabon () (2023)

Latest Data

Trade between Gabon () and Nigeria ()

Nigeria Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Gabon
Top DestinationChina$2.77B

Nigeria
Top DestinationUnited States$6.29B

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

In 2023, countries that imported more from Gabon than Nigeria included Republic of the Congo ($574M), China ($2.77B), and Israel ($680M).

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

Difference in imports from Nigeria () and Gabon () (2023)

Comparative Advantage Gabon - Nigeria

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Gabon had a large net trade with Nigeria in the exports of Transportation ($16.1M), Animal and Vegetable Bi-Products ($2.22M), and Instruments ($964k).

During 2018, Nigeria had a large net trade with Gabon in the exports of Transportation ($16.1M), Foodstuffs ($4.3M), and Machines ($1.67M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Gabon Nigeria+$84.3kVeneer Sheets

Top Product Potential Nigeria Gabon+$87.7kPlastic Lids

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

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Gabon () to Nigeria () (2023)

Exports from Nigeria () to Gabon () (2023)

Latest Data

Trade between Gabon () and Nigeria ()

Nigeria Exports

Market Competitiveness

Difference in imports from Nigeria () and Gabon () (2023)

Comparative Advantage Gabon - Nigeria

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Gabon () and Nigeria () (2023)

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