2022
Exports
$24.3kWorld Rnk 70 / 113
Flag Rnk 586 / 1077
2022
PRODUCT COMPLEXITY IN Coconut and Other Vegetable Fibers
-1.6Rnk 960 / 1025
2022
Imports
$22.7MWorld Rnk 9 / 177
Flag Rnk 332 / 1182
2022
ECONOMIC COMPLEXITY of Nigeria
-1.67Rnk 127 / 133

About

Exports In 2022, Nigeria exported $24.3k in Coconut and Other Vegetable Fibers, making it the 70th largest exporter of Coconut and Other Vegetable Fibers in the world. At the same year, Coconut and Other Vegetable Fibers was the 586th most exported product in Nigeria. The main destination of Coconut and Other Vegetable Fibers exports from Nigeria are: Netherlands ($24.3k).

The fastest growing export markets for Coconut and Other Vegetable Fibers of Nigeria between 2021 and 2022 were Netherlands ($24.3k).

Imports In 2022, Nigeria imported $22.7M in Coconut and Other Vegetable Fibers, becoming the 9th largest importer of Coconut and Other Vegetable Fibers in the world. At the same year, Coconut and Other Vegetable Fibers was the 332nd most imported product in Nigeria. Nigeria imports Coconut and Other Vegetable Fibers primarily from: Kenya ($21.4M), Tanzania ($715k), Mozambique ($251k), Spain ($103k), and Brazil ($71.2k).

The fastest growing import markets in Coconut and Other Vegetable Fibers for Nigeria between 2021 and 2022 were Kenya ($7.67M), Mozambique ($162k), and Brazil ($71.2k).

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 Coconut and Other Vegetable Fibers. 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)$24.3k
IMPORTS (2022)$22.7M
NET TRADE (2022)-$22.7M

In 2022, Nigeria exported $24.3k in Coconut and Other Vegetable Fibers. The main destinations of Nigeria exports on Coconut and Other Vegetable Fibers were Netherlands ($24.3k).

In 2022, Nigeria imported $22.7M in Coconut and Other Vegetable Fibers, mainly from Kenya ($21.4M), Tanzania ($715k), Mozambique ($251k), Spain ($103k), and Brazil ($71.2k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Coconut and Other Vegetable Fibers EXPORT MARKETS FOR Nigeria WERE (2021 - 2022):Netherlands$24.3k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Coconut and Other Vegetable Fibers BY Nigeria WERE (2021 - 2022):
Poland-$4.96k (-100%)
Belgium-$3.37k (-100%)
Niger-$1.36k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Nigeria's main exporting competitors in Coconut and Other Vegetable Fibers were:
In 2022, Nigeria's main importing competitors in Coconut and Other Vegetable Fibers were:

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Trade Value of Coconut and Other Vegetable Fibers by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALNetherlands+ $9.88k
TOP IMPORT POTENTIALTanzania+ $377k

Coconut and Other Vegetable Fibers’s highest export potential is Netherlands. With an export gap of $9.88k.   Coconut and Other Vegetable Fibers’s highest import potential is Tanzania with an import gap of $377k.

See methodology.

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