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2023
Flag → Flag
Exports $5.38MRnk 84 / 159
2023
Flag → Flag
Top Product $2.94MPacking Bags
2023
Flag → Flag
Exports $126kRnk 61 / 107
2023
Flag → Flag
Top Product $21kMotor vehicles; parts and accessories (8701 to 8705)
2023
Flag
Economic Complexity (ECI) ECI -1.75Rnk 129 / 132
2023
Flag
Economic Complexity (ECI) ECI -1.73Rnk 128 / 132
2023
Flag  
GDP$364BCURRENT US$
Rnk 41 / 195
2013-2023
Flag
GDP GROWTH-30%CURRENT US$
Rnk 191 / 195
2023
Flag
 GDP$15.3BCURRENT US$
Rnk 136 / 195
2013-2023
Flag
GDP GROWTH-14.7%CURRENT US$
Rnk 186 / 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$2,478CURRENT US$
Rnk 149 / 196
2013-2023
Flag
GDP PC GROWTH-33%CURRENT US$
Rnk 188 / 195

About

Nigeria-Republic of the Congo Trade: In 2023, Nigeria exported $5.38M to Republic of the Congo. The main products that Nigeria exported to Republic of the Congo were Packing Bags ($2.94M), Perfumes ($1.09M), and Other Esters ($436k). Over the past 5 years the exports of Nigeria to Republic of the Congo have decreased at an annualized rate of 35.4%, from $47.8M in 2018 to $5.38M in 2023.

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

Republic of the Congo-Nigeria Trade: In 2023, Republic of the Congo exported $126k to Nigeria. The main products that Republic of the Congo exported to Nigeria were Motor vehicles; parts and accessories (8701 to 8705) ($21k), Medical Instruments ($17.2k), and Delivery Trucks ($14.5k). Over the past 5 years the exports of Republic of the Congo to Nigeria have decreased at an annualized rate of 67.7%,  from $36M in 2018 to $126k in 2023.

In 2023, Republic of the Congo 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, Republic of the Congo ranked 128 in the Economic Complexity Index (ECI -1.73), and 96 in total exports ($11.8B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Nigeria exported $5.38M to Republic of the Congo. The main products exported from Nigeria to Republic of the Congo were Packing Bags ($2.94M), Perfumes ($1.09M), and Other Esters ($436k). During the last 5 years the exports of Nigeria to Republic of the Congo have decreased at an annualized rate of 35.4%, from $47.8M in 2018 to $5.38M in 2023.

In 2018, Republic of the Congo exported $126k to Nigeria. The main products exported from Republic of the Congo to Nigeria were Motor vehicles; parts and accessories (8701 to 8705) ($21k), Medical Instruments ($17.2k), and Delivery Trucks ($14.5k). During the last 5 years the exports of Republic of the Congo to Nigeria have decreased at an annualized rate of 67.7%, from $36M in 2023 to $126k in 2018.

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

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

Latest Data

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

Nigeria Exports

Republic of the Congo Exports

Market Competitiveness

Color
Nigeria
Top DestinationUnited States$6.29B
Republic of the Congo
Top DestinationChina$5.45B

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

In 2023, countries that imported more from Republic of the Congo than Nigeria included China ($5.45B), United Arab Emirates ($2.7B), and Saudi Arabia ($644M).

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

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 2023, Nigeria had a large net trade with Republic of the Congo in the exports of Textiles ($2.94M), Chemical Products ($2.03M), and Transportation ($154k).

During 2018, Republic of the Congo had a large net trade with Nigeria in the exports of Machines ($54k), Transportation ($35.5k), and Instruments ($18.5k).

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) (2023)

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