2022
Exports
$279kWorld Rnk 126 / 183
Flag Rnk 302 / 1077
2022
PRODUCT COMPLEXITY IN Fish Fillets
-1.24Rnk 888 / 1025
2022
Imports
$2.11MWorld Rnk 113 / 220
Flag Rnk 724 / 1182
2022
ECONOMIC COMPLEXITY of Nigeria
-1.67Rnk 127 / 133

About

Exports In 2022, Nigeria exported $279k in Fish Fillets, making it the 126th largest exporter of Fish Fillets in the world. At the same year, Fish Fillets was the 302nd most exported product in Nigeria. The main destination of Fish Fillets exports from Nigeria are: Belgium ($174k), Germany ($28.5k), Niger ($24.2k), Spain ($11.9k), and Luxembourg ($10.8k).

The fastest growing export markets for Fish Fillets of Nigeria between 2021 and 2022 were Spain ($11.9k), Niger ($11.2k), and Germany ($10k).

Imports In 2022, Nigeria imported $2.11M in Fish Fillets, becoming the 113th largest importer of Fish Fillets in the world. At the same year, Fish Fillets was the 724th most imported product in Nigeria. Nigeria imports Fish Fillets primarily from: Vietnam ($915k), Norway ($534k), Netherlands ($358k), Ireland ($75k), and Germany ($66.3k).

The fastest growing import markets in Fish Fillets for Nigeria between 2021 and 2022 were Vietnam ($665k), Netherlands ($251k), and Norway ($137k).

Latest Trends

May 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 Fish Fillets. 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)$279k
IMPORTS (2022)$2.11M
NET TRADE (2022)-$1.83M

In 2022, Nigeria exported $279k in Fish Fillets. The main destinations of Nigeria exports on Fish Fillets were Belgium ($174k), Germany ($28.5k), Niger ($24.2k), Spain ($11.9k), and Luxembourg ($10.8k).

In 2022, Nigeria imported $2.11M in Fish Fillets, mainly from Vietnam ($915k), Norway ($534k), Netherlands ($358k), Ireland ($75k), and Germany ($66.3k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Fish Fillets EXPORT MARKETS FOR Nigeria WERE (2021 - 2022):
Spain$11.9k (1%)
Niger$11.2k (87%)
Germany$10k (54.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Fish Fillets BY Nigeria WERE (2021 - 2022):
Belgium-$152k (-46.6%)
Benin-$56 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Nigeria's main exporting competitors in Fish Fillets were:
China $4.09B
Chile $3.91B
Vietnam $3.64B
In 2022, Nigeria's main importing competitors in Fish Fillets were:

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Trade Value of Fish Fillets by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALBelgium+ $105k
TOP IMPORT POTENTIALVietnam+ $874k

Fish Fillets’s highest export potential is Belgium. With an export gap of $105k.   Fish Fillets’s highest import potential is Vietnam with an import gap of $874k.

See methodology.

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