2023
Exports
$6.77kWorld Rnk 151 / 180
Flag Rnk 758 / 1096
2023
PRODUCT COMPLEXITY IN Documents of title (bonds etc) and unused stamps
-1.1Rnk 856 / 1025
2023
Imports
$33MWorld Rnk 22 / 201
Flag Rnk 237 / 1184
2023
ECONOMIC COMPLEXITY of Nigeria
-1.75Rnk 129 / 132

About

Exports In 2023, Nigeria exported $6.77k in Documents of title (bonds etc) and unused stamps, making it the 151st largest exporter of Documents of title (bonds etc) and unused stamps in the world. At the same year, Documents of title (bonds etc) and unused stamps was the 758th most exported product in Nigeria. The main destination of Documents of title (bonds etc) and unused stamps exports from Nigeria are: Uganda ($4.05k), Zambia ($1.98k), South Africa ($204), Ireland ($192), and Canada ($168).

The fastest growing export markets for Documents of title (bonds etc) and unused stamps of Nigeria between 2022 and 2023 were Zambia ($1.98k), South Africa ($204), and Egypt ($97).

Imports In 2023, Nigeria imported $33M in Documents of title (bonds etc) and unused stamps, becoming the 22nd largest importer of Documents of title (bonds etc) and unused stamps in the world. At the same year, Documents of title (bonds etc) and unused stamps was the 237th most imported product in Nigeria. Nigeria imports Documents of title (bonds etc) and unused stamps primarily from: Switzerland ($12.9M), Germany ($11M), Spain ($6.41M), Netherlands ($1.95M), and Togo ($391k).

The fastest growing import markets in Documents of title (bonds etc) and unused stamps for Nigeria between 2022 and 2023 were Switzerland ($10.8M), Germany ($3.23M), and Spain ($3.18M).

Latest Trends

Jan 2025

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 Documents of title (bonds etc) and unused stamps. 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 (2023)$6.77k
IMPORTS (2023)$33M
NET TRADE (2023)-$33M

In 2023, Nigeria exported $6.77k in Documents of title (bonds etc) and unused stamps. The main destinations of Nigeria exports on Documents of title (bonds etc) and unused stamps were Uganda ($4.05k), Zambia ($1.98k), South Africa ($204), Ireland ($192), and Canada ($168).

In 2023, Nigeria imported $33M in Documents of title (bonds etc) and unused stamps, mainly from Switzerland ($12.9M), Germany ($11M), Spain ($6.41M), Netherlands ($1.95M), and Togo ($391k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Documents of title (bonds etc) and unused stamps EXPORT MARKETS FOR Nigeria WERE (2022 - 2023):
Zambia$1.98k (1%)
South Africa$204 (1%)
Egypt$97 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Documents of title (bonds etc) and unused stamps BY Nigeria WERE (2022 - 2023):
Canada-$9.77k (-98.3%)
Uganda-$1.28k (-24%)
Kenya-$545 (-88%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Nigeria's main exporting competitors in Documents of title (bonds etc) and unused stamps were:
In 2023, Nigeria's main importing competitors in Documents of title (bonds etc) and unused stamps were:

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Trade Value of Documents of title (bonds etc) and unused stamps by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALCanada+ $5.35k
TOP IMPORT POTENTIALUnited Kingdom+ $284k

Documents of title (bonds etc) and unused stamps’s highest export potential is Canada. With an export gap of $5.35k.   Documents of title (bonds etc) and unused stamps’s highest import potential is United Kingdom with an import gap of $284k.

See methodology.

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