2022
Exports
$352kWorld Rnk 61 / 123
Flag Rnk 279 / 1077
2022
PRODUCT COMPLEXITY IN Carbon
0.21Rnk 483 / 1025
2022
Imports
$6.37MWorld Rnk 58 / 180
Flag Rnk 545 / 1182
2022
ECONOMIC COMPLEXITY of Nigeria
-1.67Rnk 127 / 133

About

Exports In 2022, Nigeria exported $352k in Carbon, making it the 61st largest exporter of Carbon in the world. At the same year, Carbon was the 279th most exported product in Nigeria. The main destination of Carbon exports from Nigeria are: Poland ($352k), Ireland ($8), South Africa ($7), and Kenya ($3).

The fastest growing export markets for Carbon of Nigeria between 2021 and 2022 were Poland ($352k), South Africa ($7), and Ireland ($6).

Imports In 2022, Nigeria imported $6.37M in Carbon, becoming the 58th largest importer of Carbon in the world. At the same year, Carbon was the 545th most imported product in Nigeria. Nigeria imports Carbon primarily from: China ($5.11M), India ($359k), United Arab Emirates ($256k), Egypt ($250k), and Denmark ($129k).

The fastest growing import markets in Carbon for Nigeria between 2021 and 2022 were China ($693k), United Arab Emirates ($197k), and India ($90.5k).

Latest Trends

Jul 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 Carbon. 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)$352k
IMPORTS (2022)$6.37M
NET TRADE (2022)-$6.02M

In 2022, Nigeria exported $352k in Carbon. The main destinations of Nigeria exports on Carbon were Poland ($352k), Ireland ($8), South Africa ($7), and Kenya ($3).

In 2022, Nigeria imported $6.37M in Carbon, mainly from China ($5.11M), India ($359k), United Arab Emirates ($256k), Egypt ($250k), and Denmark ($129k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Carbon EXPORT MARKETS FOR Nigeria WERE (2021 - 2022):
Poland$352k (1%)
Ireland$6 (300%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Nigeria's main exporting competitors in Carbon were:
China $1.45B
In 2022, Nigeria's main importing competitors in Carbon were:

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Trade Value of Carbon by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALPoland+ $200k
TOP IMPORT POTENTIALChina+ $1.25M

Carbon’s highest export potential is Poland. With an export gap of $200k.   Carbon’s highest import potential is China with an import gap of $1.25M.

See methodology.

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