Flexible Metal Tubing in Nigeria

EXPORTS (2019): $2.1B, World Rnk 1 / 154
Flag Rnk 4 / 1001

TOP DESTINATION (2019): $2.1B, Ghana

FASTEST GROWING MARKET (2018 - 2019): $2.1B, Ghana

IMPORTS (2019): $4.86M, World Rnk 66 / 213
Flag Rnk 563 / 1191

TOP ORIGIN (2019): $917k, Spain

FASTEST GROWING ORIGIN (2018 - 2019): $715k, Spain

ECONOMIC COMPLEXITY of Nigeria (2019): -1.78, Rnk 143 / 147

PRODUCT COMPLEXITY  IN Flexible Metal Tubing (2019): 0.31, Rnk 446 / 1029

Exports: In 2019, Nigeria exported $2.1B in Flexible Metal Tubing, making it the 1st largest exporter of Flexible Metal Tubing in the world. At the same year, Flexible Metal Tubing was the 4th most exported product in Nigeria. The main destination of Flexible Metal Tubing exports from Nigeria are: Ghana ($2.1B), Cote d'Ivoire ($6.61k), and Denmark ($218).

The fastest growing export markets for Flexible Metal Tubing of Nigeria between 2018 and 2019 were Ghana ($2.1B) and Denmark ($218).

Imports: In 2019, Nigeria imported $4.86M in Flexible Metal Tubing, becoming the 66th largest importer of Flexible Metal Tubing in the world. At the same year, Flexible Metal Tubing was the 563rd most imported product in Nigeria. Nigeria imports Flexible Metal Tubing primarily from: Spain ($917k), China ($793k), Malaysia ($558k), Indonesia ($452k), and United States ($406k).

The fastest growing import markets in Flexible Metal Tubing for Nigeria between 2018 and 2019 were Spain ($715k), Malaysia ($558k), and South Africa ($344k).

Tariffs: In 2016, the average tariff for Nigeria in Flexible Metal Tubing was 18.9%. The countries with the highest import tariffs for Flexible Metal Tubing were Angola (20%), Burundi (20%), Botswana (20%), Central African Republic (20%), and Cameroon (20%).

Value

EXPORTS (2019): $2.1B

IMPORTS (2019): $4.86M

NET TRADE (2019): $2.09B

In 2019, Nigeria exported $2.1B in Flexible Metal Tubing. The main destinations of Nigeria exports on Flexible Metal Tubing were Ghana ($2.1B), Cote d'Ivoire ($6.61k), and Denmark ($218).

In 2019, Nigeria imported $4.86M in Flexible Metal Tubing, mainly from Spain ($917k), China ($793k), Malaysia ($558k), Indonesia ($452k), and United States ($406k).

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IN 2019, Nigeria HAD A NEGATIVE NET TRADE IN Flexible Metal Tubing WITH:: Denmark , -$2.09k ($218 - $2.31k)

Flow

THE FASTEST GROWING Flexible Metal Tubing EXPORT MARKETS FOR Nigeria WERE (2018 - 2019):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Flexible Metal Tubing BY Nigeria WERE (2018 - 2019):

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Market Concentration

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In 2018, Nigeria's main exporting competitors in Flexible Metal Tubing were:

In 2018, Nigeria's main importing competitors in Flexible Metal Tubing were:

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Tariffs by Country

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In 2016, the average tariff for Nigeria in Flexible Metal Tubing was 18.9%.

The countries with the highest tariffs for Flexible Metal Tubing in Nigeria were Angola (20%), Burundi (20%), Botswana (20%), Central African Republic (20%), and Cameroon (20%).

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