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2022
Flag → Flag
Exports $20.2MRnk 61 / 166
2022
Flag → Flag
Top Product $11MRolled Tobacco
2022
Flag → Flag
Exports $378kRnk 41 / 105
2022
Flag → Flag
Top Product $157kElectrical Power Accessories
2022
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Economic Complexity (ECI) ECI -1.67Rnk 119 / 124
2022
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Economic Complexity (ECI) ECI -2.66Rnk 124 / 124
2022
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GDP$477BCURRENT US$
Rnk 30 / 186
2012-2022
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GDP GROWTH2.89%CURRENT US$
Rnk 159 / 186
2022
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 GDP$21.2BCURRENT US$
Rnk 112 / 186
2012-2022
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GDP GROWTH178%CURRENT US$
Rnk 4 / 186
2022
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GDP PC $2,184CURRENT US$
Rnk 146 / 186
2012-2022
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GDP PC GROWTH-19.9%CURRENT US$
Rnk 173 / 186
2022
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GDP PC$1,532CURRENT US$
Rnk 157 / 186
2012-2022
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GDP PC GROWTH116%CURRENT US$
Rnk 6 / 186

About

Nigeria-Guinea In 2022, Nigeria exported $20.2M to Guinea. The main products that Nigeria exported to Guinea are Rolled Tobacco ($11M), Metal Office Supplies ($7.34M), and Machinery Having Individual Functions ($600k). During the last 27 years the exports of Nigeria to Guinea have increased at an annualized rate of 2.75%, from $9.71M in 1995 to $20.2M in 2022.

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

Guinea-Nigeria In 2022, Guinea exported $378k to Nigeria. The main products that Guinea exported to Nigeria were Electrical Power Accessories ($157k), Rubberworking Machinery ($151k), and Delivery Trucks ($19.1k). During the last 27 years the exports of Guinea to Nigeria have increased at an annualized rate of 6.46%, from $69.8k in 1995 to $378k in 2022.

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

Comparison In 2022,  Nigeria ranked 119 in the Economic Complexity Index (ECI -1.67), and 51 in total exports ($70.7B). That same year, Guinea ranked 124 in the Economic Complexity Index (ECI -2.66), and 101 in total exports ($10.4B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Nigeria exported $20.2M to Guinea. The main products exported from Nigeria to Guinea were Rolled Tobacco ($11M), Metal Office Supplies ($7.34M), and Machinery Having Individual Functions ($600k). During the last 27 years the exports of Nigeria to Guinea have increased at an annualized rate of 2.75%, from $9.71M in 1995 to $20.2M in 2022.

In 2022, Guinea exported $378k to Nigeria. The main products exported from Guinea to Nigeria were Electrical Power Accessories ($157k), Rubberworking Machinery ($151k), and Delivery Trucks ($19.1k). During the last 27 years the exports of Guinea to Nigeria have increased at an annualized rate of 6.46%, from $69.8k in 1995 to $378k in 2022.

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

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

Latest Data

Trade between Nigeria (Flag) and Guinea (Flag)

Nigeria Exports

Date

Market Competitiveness

Color
Nigeria
Top DestinationSpain$9.41B
Guinea
Top DestinationChina$3.81B

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

In 2021, countries that imported more from Nigeria than Guinea were Spain ($9.41B), India ($8.2B), and France ($4.95B).

In 2021, countries that imported more from Guinea than Nigeria were China ($3.81B), United Arab Emirates ($2.59B), and Ireland ($90.5M).

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

Comparative Advantage Nigeria - Guinea

Flow
Scale

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

During 2022, Nigeria had a large net trade with Guinea in the exports of Foodstuffs ($11.1M), Metals ($8.08M), and Machines ($600k).

During 2022, Guinea had a large net trade with Nigeria in the exports of Machines ($332k), Transportation ($27k), and Chemical Products ($15.7k).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Nigeria has comparative advantage over Guinea. Similarly, the more yellow a dot/product is, the more Guinea has comparative advantage over Nigeria.

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

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