2022
Exports
$303kWorld Rnk 94 / 209
Flag Rnk 295 / 1077
2022
PRODUCT COMPLEXITY IN Imitation Jewellery
0.28Rnk 462 / 1025
2022
Imports
$114MWorld Rnk 21 / 220
Flag Rnk 100 / 1182
2022
ECONOMIC COMPLEXITY of Nigeria
-1.67Rnk 127 / 133

About

Exports In 2022, Nigeria exported $303k in Imitation Jewellery, making it the 94th largest exporter of Imitation Jewellery in the world. At the same year, Imitation Jewellery was the 295th most exported product in Nigeria. The main destination of Imitation Jewellery exports from Nigeria are: Democratic Republic of the Congo ($131k), United States ($43.9k), Niger ($15.7k), Benin ($15.5k), and South Africa ($13.8k).

The fastest growing export markets for Imitation Jewellery of Nigeria between 2021 and 2022 were Democratic Republic of the Congo ($118k), United States ($37.5k), and Burkina Faso ($2.92k).

Imports In 2022, Nigeria imported $114M in Imitation Jewellery, becoming the 21st largest importer of Imitation Jewellery in the world. At the same year, Imitation Jewellery was the 100th most imported product in Nigeria. Nigeria imports Imitation Jewellery primarily from: China ($105M), India ($6.59M), United Kingdom ($676k), Italy ($278k), and United States ($271k).

The fastest growing import markets in Imitation Jewellery for Nigeria between 2021 and 2022 were China ($2.76M), United Kingdom ($264k), and United States ($171k).

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 Imitation Jewellery. 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)$303k
IMPORTS (2022)$114M
NET TRADE (2022)-$114M

In 2022, Nigeria exported $303k in Imitation Jewellery. The main destinations of Nigeria exports on Imitation Jewellery were Democratic Republic of the Congo ($131k), United States ($43.9k), Niger ($15.7k), Benin ($15.5k), and South Africa ($13.8k).

In 2022, Nigeria imported $114M in Imitation Jewellery, mainly from China ($105M), India ($6.59M), United Kingdom ($676k), Italy ($278k), and United States ($271k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Imitation Jewellery EXPORT MARKETS FOR Nigeria WERE (2021 - 2022):
United States$37.5k (583%)
Burkina Faso$2.92k (178%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Imitation Jewellery BY Nigeria WERE (2021 - 2022):
Cote d'Ivoire-$49.9k (-100%)
Niger-$18k (-53.3%)
United Kingdom-$6.39k (-55.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Nigeria's main exporting competitors in Imitation Jewellery were:
China $4.1B
Italy $557M
In 2022, Nigeria's main importing competitors in Imitation Jewellery were:

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Trade Value of Imitation Jewellery by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $111k
TOP IMPORT POTENTIALIndia+ $2.5M

Imitation Jewellery’s highest export potential is United States. With an export gap of $111k.   Imitation Jewellery’s highest import potential is India with an import gap of $2.5M.

See methodology.

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