2022
Exports | Imports
$153M | $279World Rnk 53 / 98
Flag Rnk 13 / 1077
World Rnk 127 / 128
Flag Rnk 1174 / 1182
2022
ECONOMIC COMPLEXITY of Nigeria
-1.67Rnk 119 / 124
2022
PRODUCT COMPLEXITY IN Electricity
-0.64Rnk 743 / 1025

About

Exports In 2022, Nigeria exported $153M in Electricity, making it the 53rd largest exporter of Electricity in the world. At the same year, Electricity was the 13th most exported product in Nigeria. The main destination of Electricity exports from Nigeria are: Niger ($64.3M), Benin ($63.7M), and Togo ($24.9M).

The fastest growing export markets for Electricity of Nigeria between 2021 and 2022 were Benin ($1.64M).

Imports In 2022, Nigeria imported $279 in Electricity, becoming the 127th largest importer of Electricity in the world. At the same year, Electricity was the 1174th most imported product in Nigeria. Nigeria imports Electricity primarily from: Germany ($279).

The fastest growing import markets in Electricity for Nigeria between 2021 and 2022 were Germany ($279).

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

Latest Trends

Feb 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

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 Electricity. Countries are shown based on data availability.

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

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Historical Data

Trade Balance

Color
EXPORTS (2022)$153M
IMPORTS (2022)$279
NET TRADE (2022)$153M

In 2022, Nigeria exported $153M in Electricity. The main destinations of Nigeria exports on Electricity were Niger ($64.3M), Benin ($63.7M), and Togo ($24.9M).

In 2022, Nigeria imported $279 in Electricity, mainly from Germany ($279).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electricity EXPORT MARKETS FOR Nigeria WERE (2021 - 2022):Benin$1.64M (2.64%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electricity BY Nigeria WERE (2021 - 2022):
Togo-$11.5M (-31.7%)
Niger-$2.66M (-3.97%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Nigeria's main exporting competitors in Electricity were:
In 2022, Nigeria's main importing competitors in Electricity were:
France $14.6B
Germany $12.9B
Italy $11.9B

Explore Visualizations

Trade Value of Electricity by Exporters

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