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Pricing

2022
Flag → Flag
Exports $157kRnk 77 / 128
2022
Flag → Flag
Top Product $42.8kTanned Equine and Bovine Hides
2022
Flag → Flag
Exports $4.69MRnk 81 / 166
2022
Flag → Flag
Top Product $1.49MFelt or Coated Fabric Garments
2022
Flag
Economic Complexity (ECI) ECI -1.81Rnk 130 / 133
2022
Flag
Economic Complexity (ECI) ECI -1.67Rnk 127 / 133
2022
Flag  
GDP$58.1BCURRENT US$
Rnk 87 / 186
2012-2022
Flag
GDP GROWTH98.1%CURRENT US$
Rnk 15 / 186
2022
Flag
 GDP$477BCURRENT US$
Rnk 30 / 186
2012-2022
Flag
GDP GROWTH2.89%CURRENT US$
Rnk 159 / 186
2022
Flag
GDP PC $586CURRENT US$
Rnk 179 / 186
2012-2022
Flag
GDP PC GROWTH42.1%CURRENT US$
Rnk 45 / 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

Democratic Republic of the Congo-Nigeria Trade: In 2022, Democratic Republic of the Congo exported $157k to Nigeria. The main products that Democratic Republic of the Congo exported to Nigeria were Tanned Equine and Bovine Hides ($42.8k), Cars ($20.4k), and Other Furniture ($19.5k). Over the past 5 years the exports of Democratic Republic of the Congo to Nigeria have decreased at an annualized rate of 31.5%, from $1.04M in 2017 to $157k in 2022.

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

Nigeria-Democratic Republic of the Congo Trade: In 2022, Nigeria exported $4.69M to Democratic Republic of the Congo. The main products that Nigeria exported to Democratic Republic of the Congo were Felt or Coated Fabric Garments ($1.49M), Knit T-shirts ($732k), and Motor vehicles; parts and accessories (8701 to 8705) ($726k). Over the past 5 years the exports of Nigeria to Democratic Republic of the Congo have increased at an annualized rate of 22.8%,  from $1.68M in 2017 to $4.69M in 2022.

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

Comparison: In 2022,  Democratic Republic of the Congo ranked 130 in the Economic Complexity Index (ECI -1.81), and 71 in total exports ($28.5B). That same year, Nigeria ranked 127 in the Economic Complexity Index (ECI -1.67), and 51 in total exports ($70.7B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Democratic Republic of the Congo exported $157k to Nigeria. The main products exported from Democratic Republic of the Congo to Nigeria were Tanned Equine and Bovine Hides ($42.8k), Cars ($20.4k), and Other Furniture ($19.5k). During the last 5 years the exports of Democratic Republic of the Congo to Nigeria have decreased at an annualized rate of 31.5%, from $1.04M in 2017 to $157k in 2022.

In 2017, Nigeria exported $4.69M to Democratic Republic of the Congo. The main products exported from Nigeria to Democratic Republic of the Congo were Felt or Coated Fabric Garments ($1.49M), Knit T-shirts ($732k), and Motor vehicles; parts and accessories (8701 to 8705) ($726k). During the last 5 years the exports of Nigeria to Democratic Republic of the Congo have increased at an annualized rate of 22.8%, from $1.68M in 2022 to $4.69M in 2017.

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

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

Latest Data

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

Democratic Republic of the Congo Exports

Market Competitiveness

Color
Democratic Republic of the Congo
Top DestinationChina$15.6B
Nigeria
Top DestinationSpain$9.41B

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

In 2022, countries that imported more from Democratic Republic of the Congo than Nigeria included China ($15.6B), Hong Kong ($1.24B), and Tanzania ($1.17B).

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

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

Comparative Advantage Democratic Republic of the Congo - Nigeria

Flow
Scale

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

During 2022, Democratic Republic of the Congo had a large net trade with Nigeria in the exports of Animal Hides ($42.8k), Machines ($24.1k), and Transportation ($21.4k).

During 2017, Nigeria had a large net trade with Democratic Republic of the Congo in the exports of Textiles ($2.36M), Transportation ($753k), and Machines ($564k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Democratic Republic of the Congo Nigeria+$23.4kComputers
Top Product Potential Nigeria Democratic Republic of the Congo+$25.5kRubber Footwear

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

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

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