2022
Exports | Imports
$25.3k | $1.34MWorld Rnk 117 / 161
Flag Rnk 582 / 1077
World Rnk 108 / 196
Flag Rnk 781 / 1182
2022
ECONOMIC COMPLEXITY of Nigeria
-1.67Rnk 119 / 124
2022
PRODUCT COMPLEXITY IN Bananas
-2Rnk 997 / 1025

About

Exports In 2022, Nigeria exported $25.3k in Bananas, making it the 117th largest exporter of Bananas in the world. At the same year, Bananas was the 582nd most exported product in Nigeria. The main destination of Bananas exports from Nigeria are: United Kingdom ($11.1k), Canada ($8.75k), Georgia ($2.33k), Niger ($1.46k), and Bahamas ($981).

The fastest growing export markets for Bananas of Nigeria between 2021 and 2022 were United Kingdom ($11.1k), Canada ($4.36k), and Bahamas ($981).

Imports In 2022, Nigeria imported $1.34M in Bananas, becoming the 108th largest importer of Bananas in the world. At the same year, Bananas was the 781st most imported product in Nigeria. Nigeria imports Bananas primarily from: China ($1.21M), India ($93k), United States ($18k), Netherlands ($17.2k), and Morocco ($192).

The fastest growing import markets in Bananas for Nigeria between 2021 and 2022 were China ($1.21M), India ($93k), and United States ($18k).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Bananas 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 Bananas. 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)$25.3k
IMPORTS (2022)$1.34M
NET TRADE (2022)-$1.32M

In 2022, Nigeria exported $25.3k in Bananas. The main destinations of Nigeria exports on Bananas were United Kingdom ($11.1k), Canada ($8.75k), Georgia ($2.33k), Niger ($1.46k), and Bahamas ($981).

In 2022, Nigeria imported $1.34M in Bananas, mainly from China ($1.21M), India ($93k), United States ($18k), Netherlands ($17.2k), and Morocco ($192).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Bananas EXPORT MARKETS FOR Nigeria WERE (2021 - 2022):
United Kingdom$11.1k (1%)
Canada$4.36k (99.1%)
Bahamas$981 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Bananas BY Nigeria WERE (2021 - 2022):
Russia-$22.8k (-100%)
Germany-$5.89k (-95.6%)
Czechia-$700 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Bananas by Exporters

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