Rubber in Nigeria | The Observatory of Economic Complexity

About

Exports In 2022, Nigeria exported $84.5M in Rubber, making it the 18th largest exporter of Rubber in the world. At the same year, Rubber was the 22nd most exported product in Nigeria. The main destination of Rubber exports from Nigeria are: Spain ($18.7M), France ($12.4M), Italy ($10.4M), Germany ($7.19M), and South Africa ($6.82M).

The fastest growing export markets for Rubber of Nigeria between 2021 and 2022 were India ($5.51M), Spain ($4.43M), and Italy ($708k).

Imports In 2022, Nigeria imported $6.22M in Rubber, becoming the 65th largest importer of Rubber in the world. At the same year, Rubber was the 548th most imported product in Nigeria. Nigeria imports Rubber primarily from: Pakistan ($2.01M), Cote d'Ivoire ($1.83M), Egypt ($1.04M), India ($276k), and Ghana ($233k).

The fastest growing import markets in Rubber for Nigeria between 2021 and 2022 were Cote d'Ivoire ($1.83M), Pakistan ($1M), and Ghana ($233k).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Rubber from Nigeria to the United States.

Latest Trends

Feb 2024

Subnational Monthly Trade

View

LinePlot

StackedArea

Flow

Exports

Imports

Y-AXIS SCALE

Linear

Log

Value

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Rubber. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

Explore Latest Trends

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$84.5M

IMPORTS (2022)$6.22M

NET TRADE (2022)$78.3M

In 2022, Nigeria exported $84.5M in Rubber. The main destinations of Nigeria exports on Rubber were Spain ($18.7M), France ($12.4M), Italy ($10.4M), Germany ($7.19M), and South Africa ($6.82M).

In 2022, Nigeria imported $6.22M in Rubber, mainly from Pakistan ($2.01M), Cote d'Ivoire ($1.83M), Egypt ($1.04M), India ($276k), and Ghana ($233k).

Explore Visualizations