{ "template": "Corridor pair risk profile", "pageType": "Corridor pair risk profile", "source": "api", "generatedAt": "2026-08-29T11:47:53.826Z", "seo": { "title": "Nigeria exports to Equatorial Guinea: Trade Route Risk | Yugalinks", "description": "Understand reported exports from Nigeria to Equatorial Guinea, the product routes that need a closer look, and the conditions that may affect planning." }, "publisher": { "name": "Yugalinks", "url": "https://www.yugalinks.com", "email": "support@yugalinks.com", "linkedin": "https://in.linkedin.com/company/yugalinks" }, "exporter": { "iso3": "NGA", "country_name": "Nigeria" }, "importer": { "iso3": "GNQ", "country_name": "Equatorial Guinea" }, "latestYear": 2024, "risk": { "exporter_iso3": "NGA", "importer_iso3": "GNQ", "all_history_lane_count": 6, "current_lane_count": 5, "current_product_count": 5, "first_observed_last_year": 2023, "latest_data_year": 2024, "current_trade_usd": 48752491.14499994, "attention_trade_usd": 47673275.10199998, "critical_trade_usd": 30946716.882, "high_volatility_trade_usd": 17775825.859999944, "unrecovered_drawdown_trade_usd": 31038569.74, "declining_demand_trade_usd": 0, "concentrated_market_trade_usd": 48752491.14499994, "access_friction_trade_usd": 0, "buyer_macro_weakness_trade_usd": 48752491.14499994, "critical_lane_count": 1, "high_attention_lane_count": 1, "high_volatility_lane_count": 3, "unrecovered_drawdown_lane_count": 3, "declining_demand_lane_count": 0, "concentrated_market_lane_count": 5, "access_friction_lane_count": 0, "trade_weighted_volatility_cv": 0.9854989336164285, "trade_weighted_below_peak_pct": 46.7438481764159, "product_concentration_hhi": 5210.593406251363, "top1_product_share_pct": 63.47720117513194, "top3_product_share_pct": 99.81159350867466, "top_product_hs6": "890520", "top_product_trade_usd": 30946716.882, "top_product_description": "Floating or submersible drilling or production platforms", "top_attention_product_hs6": "890520", "top_attention_product_reason": "Current trade remains more than 50% below its historical peak", "distance_km": 663.1802978515625, "shares_land_border": 0, "shares_official_language": 0, "common_spoken_language_score": null, "has_reported_fta": 0, "avg_applied_tariff_pct": null, "avg_mfn_tariff_pct": null, "avg_preferential_tariff_pct": null, "tariff_advantage_pp": null, "buyer_biz_entry_days": 33, "buyer_biz_entry_cost_pct": null, "buyer_gdp_mn_latest": 12269.392789000001, "buyer_gdp_pc_latest": 8462, "buyer_population_latest": 1449.891, "buyer_gdp_5y_cagr_pct": 2.3533801629845197, "buyer_gdp_pc_5y_cagr_pct": -0.17328561408652687, "buyer_population_5y_cagr_pct": 2.531051725596578, "buyer_investment_5y_avg_pct": 29.346000000000004, "buyer_savings_5y_avg_pct": 46.42999999999999, "buyer_macro_resilience_label": "Buyer macro trend weakened", "attention_trade_share_pct": 97.7863366206454, "critical_trade_share_pct": 63.47720117513194, "risk_driver_labels": [ "high_volatility", "unrecovered_drawdown", "concentrated_product_mix", "concentrated_buyer_markets", "buyer_macro_weakness" ], "attention_level": "Critical attention", "primary_risk_reason": "Buyer-market concentration is the largest observed corridor exposure", "buyer_gdp_mn_2024": 12269.392789000001, "buyer_gdp_pc_2024": 8462, "buyer_population_2024": 1449.891 }, "history": [ { "year": 2000, "exporter_iso3": "NGA", "importer_iso3": "GNQ", "export_value_usd": 5663933.000000001, "yoy_growth_pct": null, "cagr_3y_pct": null }, { "year": 2002, "exporter_iso3": "NGA", "importer_iso3": "GNQ", "export_value_usd": 7058, "yoy_growth_pct": -99.87538694401928, "cagr_3y_pct": null }, { "year": 2004, "exporter_iso3": "NGA", "importer_iso3": "GNQ", "export_value_usd": 2111876.405129691, "yoy_growth_pct": 29821.73994233056, "cagr_3y_pct": null }, { "year": 2005, "exporter_iso3": "NGA", "importer_iso3": "GNQ", "export_value_usd": 6878148.187474643, "yoy_growth_pct": 225.68895465510224, "cagr_3y_pct": 6.6885486007834505 }, { "year": 2007, "exporter_iso3": "NGA", "importer_iso3": "GNQ", "export_value_usd": 2846242.746031746, "yoy_growth_pct": -58.61905459939265, "cagr_3y_pct": 638.8054564288286 }, { "year": 2008, "exporter_iso3": "NGA", "importer_iso3": "GNQ", "export_value_usd": 23509738, "yoy_growth_pct": 725.9920216846389, "cagr_3y_pct": 123.28511054640971 }, { "year": 2009, "exporter_iso3": "NGA", "importer_iso3": "GNQ", "export_value_usd": 3361112624, "yoy_growth_pct": 14196.682608713036, "cagr_3y_pct": 687.657076024311 }, { "year": 2010, "exporter_iso3": "NGA", "importer_iso3": "GNQ", "export_value_usd": 2675150792, "yoy_growth_pct": -20.408772592203384, "cagr_3y_pct": 879.5473712692655 }, { "year": 2011, "exporter_iso3": "NGA", "importer_iso3": "GNQ", "export_value_usd": 1015253048, "yoy_growth_pct": -62.04875437167505, "cagr_3y_pct": 250.83978612764022 }, { "year": 2012, "exporter_iso3": "NGA", "importer_iso3": "GNQ", "export_value_usd": 786906.9999999999, "yoy_growth_pct": -99.92249154025686, "cagr_3y_pct": -93.83669800976891 }, { "year": 2013, "exporter_iso3": "NGA", "importer_iso3": "GNQ", "export_value_usd": 3993660.9999867473, "yoy_growth_pct": 407.5137214418919, "cagr_3y_pct": -88.57101551025686 }, { "year": 2014, "exporter_iso3": "NGA", "importer_iso3": "GNQ", "export_value_usd": 78584031.99999434, "yoy_growth_pct": 1867.7191429181175, "cagr_3y_pct": -57.38262768699075 }, { "year": 2015, "exporter_iso3": "NGA", "importer_iso3": "GNQ", "export_value_usd": 4841228.149999746, "yoy_growth_pct": -93.83942510101787, "cagr_3y_pct": 83.23596248926184 }, { "year": 2016, "exporter_iso3": "NGA", "importer_iso3": "GNQ", "export_value_usd": 477154, "yoy_growth_pct": -90.14394725437542, "cagr_3y_pct": -50.74740425972968 }, { "year": 2017, "exporter_iso3": "NGA", "importer_iso3": "GNQ", "export_value_usd": 100998.95099999999, "yoy_growth_pct": -78.83304949764647, "cagr_3y_pct": -89.12754751423648 }, { "year": 2018, "exporter_iso3": "NGA", "importer_iso3": "GNQ", "export_value_usd": 99494.576, "yoy_growth_pct": -1.48949566812826, "cagr_3y_pct": -72.60857549366007 }, { "year": 2019, "exporter_iso3": "NGA", "importer_iso3": "GNQ", "export_value_usd": 33087817.149999995, "yoy_growth_pct": 33155.900452302034, "cagr_3y_pct": 310.83728392047163 }, { "year": 2020, "exporter_iso3": "NGA", "importer_iso3": "GNQ", "export_value_usd": 375734747.01199996, "yoy_growth_pct": 1035.5682525343018, "cagr_3y_pct": 1449.4878152838417 }, { "year": 2021, "exporter_iso3": "NGA", "importer_iso3": "GNQ", "export_value_usd": 115683870.08749999, "yoy_growth_pct": -69.21129307111823, "cagr_3y_pct": 951.5367801386576 }, { "year": 2022, "exporter_iso3": "NGA", "importer_iso3": "GNQ", "export_value_usd": 117490889.447, "yoy_growth_pct": 1.5620322505922601, "cagr_3y_pct": 52.561643351940134 }, { "year": 2023, "exporter_iso3": "NGA", "importer_iso3": "GNQ", "export_value_usd": 12765489.823, "yoy_growth_pct": -89.13491089982897, "cagr_3y_pct": -67.61190721434897 }, { "year": 2024, "exporter_iso3": "NGA", "importer_iso3": "GNQ", "export_value_usd": 51865039.928999946, "yoy_growth_pct": 306.29102876689467, "cagr_3y_pct": -23.463728331920542 } ], "riskLanes": [ { "exporter_iso3": "NGA", "importer_iso3": "GNQ", "hs_code": "890520", "hs_description": "Floating or submersible drilling or production platforms", "buyer_imports_latest_usd": 30946716.882, "current_below_peak_pct": 73.37350454883791, "lane_volatility_cv": 0.6123848189460662, "attention_level": "Critical attention", "primary_risk_reason": "Current trade remains more than 50% below its historical peak", "risk_driver_labels": [ "unrecovered_drawdown", "concentrated_buyer_market", "dominant_supplier", "buyer_macro_weakness" ] }, { "exporter_iso3": "NGA", "importer_iso3": "GNQ", "hs_code": "890190", "hs_description": "Vessels: n.e.s. in heading no. 8901, for the transport of goods and other vessels for the transport of both persons and goods", "buyer_imports_latest_usd": 34511379.58046982, "current_below_peak_pct": 0, "lane_volatility_cv": 1.6495485020374365, "attention_level": "High attention", "primary_risk_reason": "Trade has varied substantially across reported years", "risk_driver_labels": [ "high_volatility", "concentrated_buyer_market", "dominant_supplier", "buyer_macro_weakness", "limited_history" ] }, { "exporter_iso3": "NGA", "importer_iso3": "GNQ", "hs_code": "890590", "hs_description": "Vessels: light, fire-floats, floating cranes and other vessels, the navigability of which is subsidiary to their main function, floating docks", "buyer_imports_latest_usd": 35479109.905558504, "current_below_peak_pct": 0, "lane_volatility_cv": 1.4089286344353122, "attention_level": "Watch", "primary_risk_reason": "Trade has varied substantially across reported years", "risk_driver_labels": [ "high_volatility", "concentrated_buyer_market", "dominant_supplier", "buyer_macro_weakness", "limited_history" ] }, { "exporter_iso3": "NGA", "importer_iso3": "GNQ", "hs_code": "843143", "hs_description": "Boring or sinking machinery: parts of the machinery of item no. 8430.41 or 8430.41", "buyer_imports_latest_usd": 10098850.677395443, "current_below_peak_pct": 94.46081359548877, "lane_volatility_cv": 1.5225596544650088, "attention_level": "Watch", "primary_risk_reason": "Current trade remains more than 50% below its historical peak", "risk_driver_labels": [ "high_volatility", "unrecovered_drawdown", "concentrated_buyer_market", "dominant_supplier", "buyer_macro_weakness" ] }, { "exporter_iso3": "NGA", "importer_iso3": "GNQ", "hs_code": "220210", "hs_description": "Waters: including mineral and aerated, containing added sugar or other sweetening matter or flavoured", "buyer_imports_latest_usd": 21227799.3329441, "current_below_peak_pct": 78.88324484036222, "lane_volatility_cv": 0.5870721784994454, "attention_level": "Watch", "primary_risk_reason": "Current trade remains more than 50% below its historical peak", "risk_driver_labels": [ "unrecovered_drawdown", "concentrated_buyer_market", "buyer_macro_weakness", "limited_history" ] } ], "accessProfile": { "year": 2024, "exporter_iso3": "NGA", "importer_iso3": "GNQ", "distance_km": 870, "shares_land_border": 0, "shares_official_language": 0, "shares_ethnic_language": 0, "shared_religion": 0, "shared_legal_system": 0, "shared_colonial_history": 0, "has_fta": 0, "rta_coverage_ratio": null, "exporter_is_wto": 1, "importer_is_wto": 0, "exporter_is_eu": 0, "importer_is_eu": 0, "importer_gdp_million_usd": 12269.392789000001, "importer_gdp_per_capita_usd": 8462.286329799965, "importer_population": 1449.891, "importer_biz_entry_days": 33, "importer_biz_entry_cost_pct": 59.1, "exporter_gdp_million_usd": 440776.971536, "exporter_gdp_per_capita_usd": 2085.030695738767, "avg_applied_tariff_pct": null, "avg_mfn_tariff_pct": null, "avg_preferential_tariff_pct": null, "tariff_advantage_pp": null }, "sourceAttribution": { "publisher": "OECD", "dataset": "Balanced international merchandise trade statistics (BIMTS) - HS2017-6D", "year": 2025, "citation": "OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-29)", "sourceUrl": "https://data-explorer.oecd.org/", "dataflowUrl": "https://sdmx.oecd.org/sti-public/rest/dataflow/OECD.SDD.TPS/DSD_BIMTS_6D@DF_BIMTS_HS2017_6D/1.0", "termsUrl": "https://www.oecd.org/termsandconditions/", "terms": "OECD Terms & Conditions", "accessed": "2026-08-29", "supportingSources": [ { "publisher": "CEPII", "dataset": "BACI bilateral trade flows", "release": "202601", "citation": "Gaulier, G. and Zignago, S. (2010), BACI: International Trade Database at the Product-Level. The 1994-2007 Version, CEPII Working Paper No. 2010-23.", "sourceUrl": "https://www.cepii.fr/DATA_DOWNLOAD/baci/doc/baci_webpage.html", "datasetUrl": "https://www.cepii.fr/CEPII/en/bdd_modele/bdd_modele_item.asp?id=37", "licenseUrl": "https://www.etalab.gouv.fr/wp-content/uploads/2018/11/open-licence.pdf", "license": "Etalab 2.0 Open Licence", "accessed": "2026-08-29" } ] }, "links": { "canonical": "https://www.yugalinks.com/trade/corridor/NGA-GNQ/risk", "html": "https://www.yugalinks.com/trade/corridor/NGA-GNQ/risk/index.html", "markdown": "https://www.yugalinks.com/trade/corridor/NGA-GNQ/risk/index.md", "json": "https://www.yugalinks.com/trade/corridor/NGA-GNQ/risk/index.json", "jsonLd": "https://www.yugalinks.com/trade/corridor/NGA-GNQ/risk/index.ld.json", "home": "https://www.yugalinks.com/", "tradeHub": "https://www.yugalinks.com/trade/", "dataSources": "https://www.yugalinks.com/data-sources", "methodology": "https://www.yugalinks.com/methodology", "workspace": "https://www.yugalinks.com/app/corridors", "contact": "https://www.yugalinks.com/contact", "email": "mailto:support@yugalinks.com", "linkedin": "https://in.linkedin.com/company/yugalinks" } }