2022
Exports
$9.82kWorld Rnk 112 / 142
Flag Rnk 696 / 1077
2022
PRODUCT COMPLEXITY IN Cellulose
0.73Rnk 265 / 1025
2022
Imports
$44.4MWorld Rnk 37 / 205
Flag Rnk 209 / 1182
2022
ECONOMIC COMPLEXITY of Nigeria
-1.67Rnk 127 / 133

About

Exports In 2022, Nigeria exported $9.82k in Cellulose, making it the 112th largest exporter of Cellulose in the world. At the same year, Cellulose was the 696th most exported product in Nigeria. The main destination of Cellulose exports from Nigeria are: Benin ($9.4k), Luxembourg ($419), and Ireland ($5).

The fastest growing export markets for Cellulose of Nigeria between 2021 and 2022 were Benin ($9.4k), Luxembourg ($419), and Ireland ($5).

Imports In 2022, Nigeria imported $44.4M in Cellulose, becoming the 37th largest importer of Cellulose in the world. At the same year, Cellulose was the 209th most imported product in Nigeria. Nigeria imports Cellulose primarily from: China ($17.7M), South Korea ($4.98M), Lebanon ($4.58M), Netherlands ($4.54M), and Belgium ($3.74M).

The fastest growing import markets in Cellulose for Nigeria between 2021 and 2022 were China ($6.22M), Lebanon ($2.45M), and Netherlands ($1.55M).

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 Cellulose. 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)$9.82k
IMPORTS (2022)$44.4M
NET TRADE (2022)-$44.4M

In 2022, Nigeria exported $9.82k in Cellulose. The main destinations of Nigeria exports on Cellulose were Benin ($9.4k), Luxembourg ($419), and Ireland ($5).

In 2022, Nigeria imported $44.4M in Cellulose, mainly from China ($17.7M), South Korea ($4.98M), Lebanon ($4.58M), Netherlands ($4.54M), and Belgium ($3.74M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cellulose EXPORT MARKETS FOR Nigeria WERE (2021 - 2022):
Benin$9.4k (1%)
Luxembourg$419 (1%)
Ireland$5 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cellulose BY Nigeria WERE (2021 - 2022):
China-$3k (-100%)
Cameroon-$168 (-100%)
South Africa-$13 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Cellulose by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.17k
TOP IMPORT POTENTIALChina+ $2.12M

Cellulose’s highest export potential is United States. With an export gap of $1.17k.   Cellulose’s highest import potential is China with an import gap of $2.12M.

See methodology.

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