2022
Exports
$25.3kWorld Rnk 117 / 161
Flag Rnk 582 / 1077
2022
PRODUCT COMPLEXITY IN Bananas
-1.99Rnk 1001 / 1025
2022
Imports
$1.34MWorld Rnk 108 / 196
Flag Rnk 781 / 1182
2022
ECONOMIC COMPLEXITY of Nigeria
-1.67Rnk 127 / 133

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).

Latest Trends

Aug 2024

Subnational Monthly Trade

View
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.

Explore Latest Trends

Subscribe today to OEC pro and access the latest data

Sign Up

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).

Explore Visualizations

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

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

Explore Visualizations

Trade Value of Bananas by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited Kingdom+ $20.9k
TOP IMPORT POTENTIALIndia+ $137k

Bananas’s highest export potential is United Kingdom. With an export gap of $20.9k.   Bananas’s highest import potential is India with an import gap of $137k.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with