2022
Exports
$7.37MWorld Rnk 87 / 225
Flag Rnk 78 / 1077
2022
PRODUCT COMPLEXITY IN Broadcasting Equipment
0.53Rnk 357 / 1025
2022
Imports
$852MWorld Rnk 60 / 225
Flag Rnk 4 / 1182
2022
ECONOMIC COMPLEXITY of Nigeria
-1.67Rnk 127 / 133

About

Exports In 2022, Nigeria exported $7.37M in Broadcasting Equipment, making it the 87th largest exporter of Broadcasting Equipment in the world. At the same year, Broadcasting Equipment was the 78th most exported product in Nigeria. The main destination of Broadcasting Equipment exports from Nigeria are: Hungary ($4.52M), Netherlands ($1.4M), United States ($413k), Hong Kong ($313k), and United Kingdom ($101k).

The fastest growing export markets for Broadcasting Equipment of Nigeria between 2021 and 2022 were Hungary ($1.39M), Malaysia ($93.1k), and United States ($83.8k).

Imports In 2022, Nigeria imported $852M in Broadcasting Equipment, becoming the 60th largest importer of Broadcasting Equipment in the world. At the same year, Broadcasting Equipment was the 4th most imported product in Nigeria. Nigeria imports Broadcasting Equipment primarily from: China ($503M), United Arab Emirates ($159M), Hong Kong ($78.1M), United States ($24.3M), and Netherlands ($17.4M).

The fastest growing import markets in Broadcasting Equipment for Nigeria between 2021 and 2022 were China ($38.2M), Mexico ($10.6M), and United States ($4.04M).

Latest Trends

Oct 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 Broadcasting Equipment. 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)$7.37M
IMPORTS (2022)$852M
NET TRADE (2022)-$845M

In 2022, Nigeria exported $7.37M in Broadcasting Equipment. The main destinations of Nigeria exports on Broadcasting Equipment were Hungary ($4.52M), Netherlands ($1.4M), United States ($413k), Hong Kong ($313k), and United Kingdom ($101k).

In 2022, Nigeria imported $852M in Broadcasting Equipment, mainly from China ($503M), United Arab Emirates ($159M), Hong Kong ($78.1M), United States ($24.3M), and Netherlands ($17.4M).

Explore Visualizations

Export Destinations (NaN)

Import Origins (NaN)

Market Growth

Flow
THE FASTEST GROWING Broadcasting Equipment EXPORT MARKETS FOR Nigeria WERE (2021 - 2022):
Hungary$1.39M (44.3%)
Malaysia$93.1k (1%)
United States$83.8k (25.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Broadcasting Equipment BY Nigeria WERE (2021 - 2022):
Netherlands-$1.08M (-43.5%)
Cote d'Ivoire-$735k (-96.4%)
United Kingdom-$295k (-74.5%)

Change in Exports by Market (undefined - undefined)

Market Concentration

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

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Trade Value of Broadcasting Equipment by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited Kingdom+ $430k
TOP IMPORT POTENTIALChina+ $10.6M

Broadcasting Equipment’s highest export potential is United Kingdom. With an export gap of $430k.   Broadcasting Equipment’s highest import potential is China with an import gap of $10.6M.

See methodology.

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