2022
Flag
 GDP
$477BCURRENT US$
Rnk 30 / 186
2012-2022
Flag
GDP GROWTH
2.89%CURRENT US$
Rnk 159 / 186
2022
Flag
GDP PC
$2,184CURRENT US$
Rnk 146 / 186
2012-2022
Flag
GDP PC GROWTH
-19.9%CURRENT US$
Rnk 173 / 186

About

Gibraltar-Nigeria Trade: In 2022, Gibraltar exported $85.7k to Nigeria. The main products that Gibraltar exported to Nigeria were Cars ($51.7k), Trailers and semi-trailers, not mechanically propelled vehicles ($24.4k), and Motor vehicles; parts and accessories (8701 to 8705) ($2.48k). Over the past 5 years the exports of Gibraltar to Nigeria have decreased at an annualized rate of 18.4%, from $237k in 2017 to $85.7k in 2022.

In 2022, Gibraltar did not export any services to Nigeria.

Nigeria-Gibraltar Trade: In 2022, Nigeria exported $1.15B to Gibraltar. The main products that Nigeria exported to Gibraltar were Crude Petroleum ($1.15B). Over the past 5 years the exports of Nigeria to Gibraltar have increased at an annualized rate of 12.2%,  from $324M in 2017 to $1.15B in 2022.

In 2022, Nigeria did not export any services to Gibraltar.

Comparison In 2022,  Gibraltar ranked 173 in total exports ($411M), and does not have data regarding Economic Complexity Index. That same year, Nigeria ranked 127 in the Economic Complexity Index (ECI -1.67), and 51 in total exports ($70.7B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Gibraltar exported $85.7k to Nigeria. The main products exported from Gibraltar to Nigeria were Cars ($51.7k), Trailers and semi-trailers, not mechanically propelled vehicles ($24.4k), and Motor vehicles; parts and accessories (8701 to 8705) ($2.48k). During the last 5 years the exports of Gibraltar to Nigeria have decreased at an annualized rate of 18.4%, from $237k in 2017 to $85.7k in 2022.

In 2017, Nigeria exported $1.15B to Gibraltar. The main products exported from Nigeria to Gibraltar were Crude Petroleum ($1.15B). During the last 5 years the exports of Nigeria to Gibraltar have increased at an annualized rate of 12.2%, from $324M in 2022 to $1.15B in 2017.

Exports from Gibraltar (Flag) to Nigeria (Flag) (2022)

Exports from Nigeria (Flag) to Gibraltar (Flag) (2022)

Market Competitiveness

Color
Gibraltar
Top Destination
Ireland$81.4M
Nigeria
Top Destination
Spain$9.41B

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

In 2022, countries that imported more from Gibraltar than Nigeria included Ireland ($81.4M), Cape Verde ($12.5M), and Malta ($2.59M).

In 2022, countries that imported more from Nigeria than Gibraltar included Spain ($9.41B), India ($8.2B), and France ($4.95B).

Difference in imports from Nigeria (Flag) and Gibraltar (Flag) (2022)

Comparative Advantage Gibraltar - Nigeria

Flow
Scale

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

During 2022, Gibraltar had a large net trade with Nigeria in the exports of Transportation ($79.1k), Machines ($3.67k), and Instruments ($1.96k).

During 2017, Nigeria had a large net trade with Gibraltar in the exports of Mineral Products ($1.15B).

Economic Complexity

Competitive Landscape

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

Product Space of Gibraltar (Flag) and Nigeria (Flag) (2022)

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