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

Nigeria-Gibraltar In 2022, Nigeria exported $1.15B to Gibraltar. The main products that Nigeria exported to Gibraltar are Crude Petroleum ($1.15B). During the last 23 years the exports of Nigeria to Gibraltar have increased at an annualized rate of 23%, from $9.89M in 1999 to $1.15B in 2022.

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

Gibraltar-Nigeria 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). During the last 23 years the exports of Gibraltar to Nigeria have decreased at an annualized rate of 9.37%, from $824k in 1999 to $85.7k in 2022.

In 2022, Gibraltar 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, Gibraltar ranked 173 in total exports ($411M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Nigeria exported $1.15B to Gibraltar. The main products exported from Nigeria to Gibraltar were Crude Petroleum ($1.15B). During the last 27 years the exports of Nigeria to Gibraltar have increased at an annualized rate of 13.5%, from $5.67M in 1995 to $1.15B in 2022.

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 27 years the exports of Gibraltar to Nigeria have decreased at an annualized rate of 7.55%, from $4.55M in 1995 to $85.7k in 2022.

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

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

Market Competitiveness

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

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

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

In 2021, countries that imported more from Gibraltar than Nigeria were Ireland ($81.4M), Cape Verde ($12.5M), and Malta ($2.59M).

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

Comparative Advantage Nigeria - Gibraltar

Flow
Scale

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

During 2022, Nigeria had a large net trade with Gibraltar in the exports of Mineral Products ($1.15B).

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

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 Gibraltar. Similarly, the more yellow a dot/product is, the more Gibraltar has comparative advantage over Nigeria.

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

Have questions, comments, or concerns?
Send us an e-mail: [email protected]
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with