2018
Exports
$501kWorld Rnk 87 / 209
Flag Rnk 252 / 1077
2022
PRODUCT COMPLEXITY IN Electrical Ignitions
0.62Rnk 310 / 1025
2018
Imports
$32MWorld Rnk 58 / 223
Flag Rnk 268 / 1182
2022
ECONOMIC COMPLEXITY of Nigeria
-1.67Rnk 127 / 133

About

Exports In 2018, Nigeria exported $501k in Electrical Ignitions, making it the 87th largest exporter of Electrical Ignitions in the world. At the same year, Electrical Ignitions was the 252nd most exported product in Nigeria. The main destination of Electrical Ignitions exports from Nigeria are: United Kingdom ($159k), France ($152k), Angola ($78.9k), Senegal ($31.5k), and Democratic Republic of the Congo ($14.1k).

The fastest growing export markets for Electrical Ignitions of Nigeria between 2021 and 2022 were United Kingdom ($152k), France ($37.7k), and Angola ($33k).

Imports In 2022, Nigeria imported $32M in Electrical Ignitions, becoming the 58th largest importer of Electrical Ignitions in the world. At the same year, Electrical Ignitions was the 268th most imported product in Nigeria. Nigeria imports Electrical Ignitions primarily from: China ($20.2M), Germany ($2.8M), Belgium ($1.24M), United States ($1.19M), and United Arab Emirates ($1.11M).

The fastest growing import markets in Electrical Ignitions for Nigeria between 2021 and 2022 were France ($457k), Slovenia ($432k), and Sweden ($308k).

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 Electrical Ignitions. 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)$501k
IMPORTS (2022)$32M
NET TRADE (2022)-$31.5M

In 2022, Nigeria exported $501k in Electrical Ignitions. The main destinations of Nigeria exports on Electrical Ignitions were United Kingdom ($159k), France ($152k), Angola ($78.9k), Senegal ($31.5k), and Democratic Republic of the Congo ($14.1k).

In 2022, Nigeria imported $32M in Electrical Ignitions, mainly from China ($20.2M), Germany ($2.8M), Belgium ($1.24M), United States ($1.19M), and United Arab Emirates ($1.11M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electrical Ignitions EXPORT MARKETS FOR Nigeria WERE (2021 - 2022):
United Kingdom$152k (2.27k%)
France$37.7k (33.1%)
Angola$33k (71.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electrical Ignitions BY Nigeria WERE (2021 - 2022):
Cote d'Ivoire-$197k (-99.5%)
Kenya-$9.06k (-42.8%)
Zimbabwe-$3.84k (-36.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Electrical Ignitions by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $157k
TOP IMPORT POTENTIALChina+ $4.09M

Electrical Ignitions’s highest export potential is France. With an export gap of $157k.   Electrical Ignitions’s highest import potential is China with an import gap of $4.09M.

See methodology.

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