2023
Flag  
GDP
$364BCURRENT US$
Rnk 41 / 195
2013-2023
Flag
GDP GROWTH
-30%CURRENT US$
Rnk 191 / 195
2023
Flag
 GDP
$2.56BCURRENT US$
Rnk 170 / 195
2013-2023
Flag
GDP GROWTH
51.1%CURRENT US$
Rnk 73 / 195
2023
Flag
GDP PC 
$1,597CURRENT US$
Rnk 164 / 195
2013-2023
Flag
GDP PC GROWTH
-44.4%CURRENT US$
Rnk 192 / 195
2023
Flag
GDP PC
$496CURRENT US$
Rnk 193 / 196
2013-2023
Flag
GDP PC GROWTH
36.1%CURRENT US$
Rnk 67 / 195

About

Nigeria-Central African Republic Trade: In 2023, Nigeria exported $2.31M to Central African Republic. The main products that Nigeria exported to Central African Republic were Refined Petroleum ($1.16M), Other Plastic Products ($229k), and Motorcycles and cycles ($225k). Over the past 5 years the exports of Nigeria to Central African Republic have increased at an annualized rate of 11.5%, from $1.34M in 2018 to $2.31M in 2023.

In 2023, Nigeria did not export any services to Central African Republic.

Central African Republic-Nigeria Trade: In 2023, Central African Republic exported $328k to Nigeria. The main products that Central African Republic exported to Nigeria were Palm Oil ($258k), Rubber Footwear ($15.4k), and Motorcycles and cycles ($11.5k). Over the past 5 years the exports of Central African Republic to Nigeria have increased at an annualized rate of 39.2%,  from $62.7k in 2018 to $328k in 2023.

In 2023, Central African Republic did not export any services to Nigeria.

Comparison In 2023,  Nigeria ranked 129 in the Economic Complexity Index (ECI -1.75),  and 52 in total exports ($61B). That same year, Central African Republic ranked 181 in total exports ($229M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Nigeria exported $2.31M to Central African Republic. The main products exported from Nigeria to Central African Republic were Refined Petroleum ($1.16M), Other Plastic Products ($229k), and Motorcycles and cycles ($225k). During the last 5 years the exports of Nigeria to Central African Republic have increased at an annualized rate of 11.5%, from $1.34M in 2018 to $2.31M in 2023.

In 2018, Central African Republic exported $328k to Nigeria. The main products exported from Central African Republic to Nigeria were Palm Oil ($258k), Rubber Footwear ($15.4k), and Motorcycles and cycles ($11.5k). During the last 5 years the exports of Central African Republic to Nigeria have increased at an annualized rate of 39.2%, from $62.7k in 2023 to $328k in 2018.

Exports from Nigeria (Flag) to Central African Republic (Flag) (2023)

Exports from Central African Republic (Flag) to Nigeria (Flag) (2023)

Latest Data

Trade between Nigeria (Flag) and Central African Republic (Flag)

Nigeria Exports

Market Competitiveness

Color
Nigeria
Top Destination
United States$6.29B

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

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

In 2023, countries that imported more from Central African Republic than Nigeria included Turks and Caicos Islands ($321k), New Zealand ($171k), and Slovenia ($182k).

Difference in imports from Central African Republic (Flag) and Nigeria (Flag) (2023)

Comparative Advantage Nigeria - Central African Republic

Flow
Scale

This chart compares trade between Nigeria and Central African Republic by product, considering products traded by both, Nigeria and Central African Republic.

During 2023, Nigeria had a large net trade with Central African Republic in the exports of Mineral Products ($1.18M), Footwear and Headwear ($343k), and Plastics and Rubbers ($243k).

During 2018, Central African Republic had a large net trade with Nigeria in the exports of Animal and Vegetable Bi-Products ($260k), Footwear and Headwear ($26.1k), and Transportation ($21.9k).

Economic Complexity

Competitive Landscape

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

Product Space of Nigeria (Flag) and Central African Republic (Flag) (2023)

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