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Pricing

2022
Flag → Flag
Exports $12.5MRnk 65 / 166
2022
Flag → Flag
Top Product $6.33MSpecial Purpose Ships
2022
Flag → Flag
Exports $230kRnk 54 / 109
2022
Flag → Flag
Top Product $53.8kIron Pipe Fittings
2022
Flag
Economic Complexity (ECI) ECI -1.67Rnk 127 / 133
2022
Flag
Economic Complexity (ECI) ECI -1.42Rnk 124 / 133
2022
Flag  
GDP$477BCURRENT US$
Rnk 30 / 186
2012-2022
Flag
GDP GROWTH2.89%CURRENT US$
Rnk 159 / 186
2022
Flag
 GDP$14.6BCURRENT US$
Rnk 132 / 186
2012-2022
Flag
GDP GROWTH-17.4%CURRENT US$
Rnk 178 / 186
2022
Flag
GDP PC $2,184CURRENT US$
Rnk 146 / 186
2012-2022
Flag
GDP PC GROWTH-19.9%CURRENT US$
Rnk 173 / 186
2022
Flag
GDP PC$2,448CURRENT US$
Rnk 138 / 186
2012-2022
Flag
GDP PC GROWTH-34.8%CURRENT US$
Rnk 180 / 186

About

Nigeria-Republic of the Congo Trade: In 2022, Nigeria exported $12.5M to Republic of the Congo. The main products that Nigeria exported to Republic of the Congo were Special Purpose Ships ($6.33M), Packing Bags ($2.86M), and Tug Boats ($1.35M). Over the past 5 years the exports of Nigeria to Republic of the Congo have decreased at an annualized rate of 35.9%, from $116M in 2017 to $12.5M in 2022.

In 2022, Nigeria did not export any services to Republic of the Congo.

Republic of the Congo-Nigeria Trade: In 2022, Republic of the Congo exported $230k to Nigeria. The main products that Republic of the Congo exported to Nigeria were Iron Pipe Fittings ($53.8k), Non-Knit Active Wear ($40.3k), and Oscilloscopes ($33.5k). Over the past 5 years the exports of Republic of the Congo to Nigeria have decreased at an annualized rate of 71.2%,  from $117M in 2017 to $230k in 2022.

In 2022, Republic of the Congo did not export any services to Nigeria.

Comparison: In 2022,  Nigeria ranked 127 in the Economic Complexity Index (ECI -1.67), and 51 in total exports ($70.7B). That same year, Republic of the Congo ranked 124 in the Economic Complexity Index (ECI -1.42), and 96 in total exports ($12.4B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Nigeria exported $12.5M to Republic of the Congo. The main products exported from Nigeria to Republic of the Congo were Special Purpose Ships ($6.33M), Packing Bags ($2.86M), and Tug Boats ($1.35M). During the last 5 years the exports of Nigeria to Republic of the Congo have decreased at an annualized rate of 35.9%, from $116M in 2017 to $12.5M in 2022.

In 2017, Republic of the Congo exported $230k to Nigeria. The main products exported from Republic of the Congo to Nigeria were Iron Pipe Fittings ($53.8k), Non-Knit Active Wear ($40.3k), and Oscilloscopes ($33.5k). During the last 5 years the exports of Republic of the Congo to Nigeria have decreased at an annualized rate of 71.2%, from $117M in 2022 to $230k in 2017.

Exports from Nigeria (Flag) to Republic of the Congo (Flag) (2022)

Exports from Republic of the Congo (Flag) to Nigeria (Flag) (2022)

Latest Data

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

Nigeria Exports

Republic of the Congo Exports

Market Competitiveness

Color
Nigeria
Top DestinationSpain$9.41B
Republic of the Congo
Top DestinationChina$4.82B

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

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

In 2022, countries that imported more from Republic of the Congo than Nigeria included China ($4.82B), United Arab Emirates ($1.87B), and Vietnam ($537M).

Difference in imports from Republic of the Congo (Flag) and Nigeria (Flag) (2022)

Comparative Advantage Nigeria - Republic of the Congo

Flow
Scale

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

During 2022, Nigeria had a large net trade with Republic of the Congo in the exports of Transportation ($7.68M), Textiles ($2.86M), and Chemical Products ($1.61M).

During 2017, Republic of the Congo had a large net trade with Nigeria in the exports of Metals ($56.8k), Machines ($56.2k), and Instruments ($41.9k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Nigeria Republic of the Congo+$25.5kFloat Glass
Top Product Potential Republic of the Congo Nigeria+$55.3kOscilloscopes

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 Nigeria and Republic of the Congo. This means that a dot/product with the flag of Nigeria indicates it has a comparative advantage over Republic of the Congo. Similarly, a dot/product with the flag of Republic of the Congo indicates it has a comparative advantage over Nigeria.

Product Space of Nigeria (Flag) and Republic of the Congo (Flag) (2022)

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