2022
Exports | Imports
$2.26M | $34.8MWorld Rnk 89 / 195
Flag Rnk 128 / 1077
World Rnk 68 / 224
Flag Rnk 247 / 1182
2022
ECONOMIC COMPLEXITY of Nigeria
-1.67Rnk 119 / 124
2022
PRODUCT COMPLEXITY IN Confectionery Sugar
-0.69Rnk 754 / 1025

About

Exports In 2022, Nigeria exported $2.26M in Confectionery Sugar, making it the 89th largest exporter of Confectionery Sugar in the world. At the same year, Confectionery Sugar was the 128th most exported product in Nigeria. The main destination of Confectionery Sugar exports from Nigeria are: Ghana ($1.84M), Niger ($153k), Cote d'Ivoire ($46k), Qatar ($34.3k), and Togo ($33.5k).

The fastest growing export markets for Confectionery Sugar of Nigeria between 2021 and 2022 were Ghana ($862k), United Arab Emirates ($15.2k), and Italy ($15k).

Imports In 2022, Nigeria imported $34.8M in Confectionery Sugar, becoming the 68th largest importer of Confectionery Sugar in the world. At the same year, Confectionery Sugar was the 247th most imported product in Nigeria. Nigeria imports Confectionery Sugar primarily from: India ($8.78M), China ($8.73M), Turkey ($7.28M), Colombia ($2.95M), and Brazil ($1.44M).

The fastest growing import markets in Confectionery Sugar for Nigeria between 2021 and 2022 were Turkey ($1.08M), Egypt ($832k), and Spain ($498k).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Confectionery Sugar from Nigeria to the United States.

Latest Trends

Feb 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 Confectionery Sugar. 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)$2.26M
IMPORTS (2022)$34.8M
NET TRADE (2022)-$32.5M

In 2022, Nigeria exported $2.26M in Confectionery Sugar. The main destinations of Nigeria exports on Confectionery Sugar were Ghana ($1.84M), Niger ($153k), Cote d'Ivoire ($46k), Qatar ($34.3k), and Togo ($33.5k).

In 2022, Nigeria imported $34.8M in Confectionery Sugar, mainly from India ($8.78M), China ($8.73M), Turkey ($7.28M), Colombia ($2.95M), and Brazil ($1.44M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Confectionery Sugar EXPORT MARKETS FOR Nigeria WERE (2021 - 2022):
Ghana$862k (87.7%)
United Arab Emirates$15.2k (218k%)
Italy$15k (556%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Confectionery Sugar BY Nigeria WERE (2021 - 2022):
Cameroon-$448k (-100%)
Togo-$80.4k (-70.6%)
Kuwait-$29.3k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Nigeria's main exporting competitors in Confectionery Sugar were:
Germany $1.76B
China $1.38B
Mexico $1.12B
In 2022, Nigeria's main importing competitors in Confectionery Sugar were:

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Trade Value of Confectionery Sugar by Exporters

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