2022
Exports
$193kWorld Rnk 134 / 189
Flag Rnk 349 / 1077
2022
PRODUCT COMPLEXITY IN Animal Food
-0.27Rnk 637 / 1025
2022
Imports
$65.2MWorld Rnk 82 / 223
Flag Rnk 156 / 1182
2022
ECONOMIC COMPLEXITY of Nigeria
-1.67Rnk 127 / 133

About

Exports In 2022, Nigeria exported $193k in Animal Food, making it the 134th largest exporter of Animal Food in the world. At the same year, Animal Food was the 349th most exported product in Nigeria. The main destination of Animal Food exports from Nigeria are: Madagascar ($57.9k), Niger ($49.7k), Mali ($47.3k), Benin ($27.9k), and Belgium ($3.87k).

The fastest growing export markets for Animal Food of Nigeria between 2021 and 2022 were Madagascar ($57.9k), Mali ($47.3k), and Niger ($46.3k).

Imports In 2022, Nigeria imported $65.2M in Animal Food, becoming the 82nd largest importer of Animal Food in the world. At the same year, Animal Food was the 156th most imported product in Nigeria. Nigeria imports Animal Food primarily from: Germany ($12.8M), Portugal ($5.07M), Belgium ($4.57M), Latvia ($4.41M), and Greece ($4.12M).

The fastest growing import markets in Animal Food for Nigeria between 2021 and 2022 were Latvia ($4.38M), Brazil ($3.78M), and Greece ($1.22M).

Latest Trends

Sep 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 Animal Food. 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)$193k
IMPORTS (2022)$65.2M
NET TRADE (2022)-$65M

In 2022, Nigeria exported $193k in Animal Food. The main destinations of Nigeria exports on Animal Food were Madagascar ($57.9k), Niger ($49.7k), Mali ($47.3k), Benin ($27.9k), and Belgium ($3.87k).

In 2022, Nigeria imported $65.2M in Animal Food, mainly from Germany ($12.8M), Portugal ($5.07M), Belgium ($4.57M), Latvia ($4.41M), and Greece ($4.12M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Animal Food EXPORT MARKETS FOR Nigeria WERE (2021 - 2022):
Madagascar$57.9k (1%)
Mali$47.3k (1%)
Niger$46.3k (1.37k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Animal Food BY Nigeria WERE (2021 - 2022):
Cameroon-$6.18k (-100%)
Uganda-$302 (-100%)
Norway-$199 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Nigeria's main exporting competitors in Animal Food were:
In 2022, Nigeria's main importing competitors in Animal Food were:

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Trade Value of Animal Food by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALBenin+ $22.6k
TOP IMPORT POTENTIALGermany+ $5.83M

Animal Food’s highest export potential is Benin. With an export gap of $22.6k.   Animal Food’s highest import potential is Germany with an import gap of $5.83M.

See methodology.

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