Special Purpose Ships in Nigeria

EXPORTS (2018): $22.5M, World Rnk 29 / 77
Flag Rnk 39 / 849

TOP DESTINATION (2018): $21.5M, Netherlands

FASTEST GROWING MARKET (2017 - 2018): $21.5M, Netherlands

IMPORTS (2018): $4B, World Rnk 1 / 139
Flag Rnk 2 / 1174

TOP ORIGIN (2018): $3.79B, South Korea

FASTEST GROWING ORIGIN (2017 - 2018): $3.79B, South Korea

ECONOMIC COMPLEXITY of Nigeria (2018): -1.75, Rnk 134 / 137

Overview: This page contains the latest trade data of Special Purpose Ships in Nigeria.

Exports: In 2018, Nigeria exported $22.5M in Special Purpose Ships, making it the 29th largest exporter of Special Purpose Ships in the world. At the same year, Special Purpose Ships was the 39th most exported product in Nigeria. The main destination of Special Purpose Ships exports from Nigeria are: Netherlands ($21.5M) and Belgium-Luxembourg ($985k).

The fastest growing export markets for Special Purpose Ships of Nigeria between 2017 and 2018 were Netherlands ($21.5M) and Belgium-Luxembourg ($985k).

Imports: In 2018, Nigeria imported $4B in Special Purpose Ships, becoming the 1st largest importer of Special Purpose Ships in the world. At the same year, Special Purpose Ships was the 2nd most imported product in Nigeria. Nigeria imports Special Purpose Ships primarily from: South Korea ($3.79B), China ($84.2M), Malaysia ($64.3M), Republic of the Congo ($34.9M), and Romania ($9.32M).

The fastest growing import markets in Special Purpose Ships for Nigeria between 2017 and 2018 were South Korea ($3.79B), China ($82.9M), and Malaysia ($64.3M).

Tariffs: In 2016, the average tariff for Nigeria in Special Purpose Ships was 4.73%. The countries with the highest import tariffs for Special Purpose Ships were Angola (5%), Burundi (5%), Botswana (5%), Central African Republic (5%), and Cameroon (5%).

Value

EXPORTS (2018): $22.5M

IMPORTS (2018): $4B

NET TRADE (2018): -$3.98B

In 2018, Nigeria exported $22.5M in Special Purpose Ships. The main destinations of Nigeria exports on Special Purpose Ships were Netherlands ($21.5M) and Belgium-Luxembourg ($985k).

In 2018, Nigeria imported $4B in Special Purpose Ships, mainly from South Korea ($3.79B), China ($84.2M), Malaysia ($64.3M), Republic of the Congo ($34.9M), and Romania ($9.32M).

Explore Visualizations

IN 2018, Nigeria HAD A POSITIVE NET TRADE IN Special Purpose Ships WITH:: Netherlands, $18.1M ($21.5M - $3.44M)

IN 2018, Nigeria HAD A NEGATIVE NET TRADE IN Special Purpose Ships WITH:

  • South Korea, -$3.79B ($0 - $3.79B)
  • China, -$84.2M ($0 - $84.2M)
  • Malaysia, -$64.3M ($0 - $64.3M)
Flow

THE FASTEST GROWING Special Purpose Ships EXPORT MARKETS FOR Nigeria WERE (2017 - 2018):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Special Purpose Ships BY Nigeria WERE (2017 - 2018):

Explore Visualizations

Market Concentration

#permalink to section
Flow
Type

In 2018, Nigeria's main exporting competitors in Special Purpose Ships were:

In 2018, Nigeria's main importing competitors in Special Purpose Ships were:

Explore Visualizations

Trade Forecasts

#permalink to section

Time

This section shows forecasts for total exports and imports, for Special Purpose Ships in Nigeria. The forecast is based on a short-term, medium-term and long-term model using yearly trade data.

Explore Forecasts

Tariffs by Country

#permalink to section

In 2016, the average tariff for Nigeria in Special Purpose Ships was 4.73%.

The countries with the highest tariffs for Special Purpose Ships in Nigeria were Angola (5%), Burundi (5%), Botswana (5%), Central African Republic (5%), and Cameroon (5%).

Explore Tariff Data