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2022
Exports $199kWorld Rnk 129 / 214
Flag Rnk 345 / 1077
2022
Destination $83.1k United Kingdom
2021 - 2022
FASTEST GROWING MARKET $83.1kUnited Kingdom
2022
PRODUCT COMPLEXITY IN Jewellery-0.41Rnk 675 / 1025
2022
Imports $132MWorld Rnk 54 / 219
Flag Rnk 84 / 1182
2022
Origin $25.9M United Arab Emirates
2021 - 2022
FASTEST GROWING ORIGIN $25.9MUnited Arab Emirates
2022
ECONOMIC COMPLEXITY of Nigeria-1.67Rnk 127 / 133

About

Exports In 2022, Nigeria exported $199k in Jewellery, making it the 129th largest exporter of Jewellery in the world. At the same year, Jewellery was the 345th most exported product in Nigeria. The main destination of Jewellery exports from Nigeria are: United Kingdom ($86k), United Arab Emirates ($74.9k), France ($8.09k), United States ($6.1k), and Democratic Republic of the Congo ($5.61k).

The fastest growing export markets for Jewellery of Nigeria between 2021 and 2022 were United Kingdom ($83.1k), United Arab Emirates ($52.9k), and France ($6.72k).

Imports In 2022, Nigeria imported $132M in Jewellery, becoming the 54th largest importer of Jewellery in the world. At the same year, Jewellery was the 84th most imported product in Nigeria. Nigeria imports Jewellery primarily from: United Arab Emirates ($113M), Italy ($9.77M), Turkey ($4.03M), United Kingdom ($3.8M), and France ($425k).

The fastest growing import markets in Jewellery for Nigeria between 2021 and 2022 were United Arab Emirates ($25.9M), Italy ($3.15M), and United Kingdom ($1.78M).

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 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)$199k
IMPORTS (2022)$132M
NET TRADE (2022)-$132M

In 2022, Nigeria exported $199k in Jewellery. The main destinations of Nigeria exports on Jewellery were United Kingdom ($86k), United Arab Emirates ($74.9k), France ($8.09k), United States ($6.1k), and Democratic Republic of the Congo ($5.61k).

In 2022, Nigeria imported $132M in Jewellery, mainly from United Arab Emirates ($113M), Italy ($9.77M), Turkey ($4.03M), United Kingdom ($3.8M), and France ($425k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Jewellery EXPORT MARKETS FOR Nigeria WERE (2021 - 2022):
United Kingdom$83.1k (2.8k%)
United Arab Emirates$52.9k (240%)
France$6.72k (492%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Jewellery BY Nigeria WERE (2021 - 2022):
Japan-$7.45k (-100%)
Indonesia-$5.3k (-99.5%)
United States-$4.47k (-42.3%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Nigeria's main exporting competitors in Jewellery were:
China $13.9B
India $12.6B
Switzerland $11.8B
In 2022, Nigeria's main importing competitors in Jewellery were:
Hong Kong $21.1B
United States $15.6B
United Arab Emirates $11B

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Trade Value of Jewellery by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited Arab Emirates+ $162k
TOP IMPORT POTENTIALItaly+ $8.76M

Jewellery’s highest export potential is United Arab Emirates. With an export gap of $162k.   Jewellery’s highest import potential is Italy with an import gap of $8.76M.

See methodology.

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