2022
Exports
$40World Rnk 171 / 171
Flag Rnk 1047 / 1077
2022
PRODUCT COMPLEXITY IN Fork-Lifts
1.54Rnk 42 / 1025
2022
Imports
$48.9MWorld Rnk 59 / 218
Flag Rnk 195 / 1182
2022
ECONOMIC COMPLEXITY of Nigeria
-1.67Rnk 127 / 133

About

Exports In 2022, Nigeria exported $40 in Fork-Lifts, making it the 171st largest exporter of Fork-Lifts in the world. At the same year, Fork-Lifts was the 1047th most exported product in Nigeria. The main destination of Fork-Lifts exports from Nigeria are: Benin ($40).

The fastest growing export markets for Fork-Lifts of Nigeria between 2021 and 2022 were Benin ($40).

Imports In 2022, Nigeria imported $48.9M in Fork-Lifts, becoming the 59th largest importer of Fork-Lifts in the world. At the same year, Fork-Lifts was the 195th most imported product in Nigeria. Nigeria imports Fork-Lifts primarily from: China ($23.3M), Germany ($9.56M), Sweden ($2.47M), United States ($2.2M), and Japan ($1.95M).

The fastest growing import markets in Fork-Lifts for Nigeria between 2021 and 2022 were Germany ($3.85M), China ($2.56M), and United States ($1.15M).

Latest Trends

Nov 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 Fork-Lifts. 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)$40
IMPORTS (2022)$48.9M
NET TRADE (2022)-$48.9M

In 2022, Nigeria exported $40 in Fork-Lifts. The main destinations of Nigeria exports on Fork-Lifts were Benin ($40).

In 2022, Nigeria imported $48.9M in Fork-Lifts, mainly from China ($23.3M), Germany ($9.56M), Sweden ($2.47M), United States ($2.2M), and Japan ($1.95M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Fork-Lifts EXPORT MARKETS FOR Nigeria WERE (2021 - 2022):Benin$40 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Fork-Lifts BY Nigeria WERE (2021 - 2022):
Mozambique-$9.29k (-100%)
Sweden-$228 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Nigeria's main exporting competitors in Fork-Lifts were:
In 2022, Nigeria's main importing competitors in Fork-Lifts were:

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Trade Value of Fork-Lifts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $815
TOP IMPORT POTENTIALChina+ $8.12M

Fork-Lifts’s highest export potential is United States. With an export gap of $815.   Fork-Lifts’s highest import potential is China with an import gap of $8.12M.

See methodology.

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