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2022
Exports $73.1kWorld Rnk 168 / 185
Flag Rnk 460 / 1077
2022
Destination $66.5k Niger
2021 - 2022
FASTEST GROWING MARKET $66.5kNiger
2022
PRODUCT COMPLEXITY IN Large Construction Vehicles0.88Rnk 219 / 1025
2022
Imports $163MWorld Rnk 59 / 222
Flag Rnk 67 / 1182
2022
Origin $4.71M China
2021 - 2022
FASTEST GROWING ORIGIN $4.71MBrazil
2022
ECONOMIC COMPLEXITY of Nigeria-1.67Rnk 127 / 133

About

Exports In 2022, Nigeria exported $73.1k in Large Construction Vehicles, making it the 168th largest exporter of Large Construction Vehicles in the world. At the same year, Large Construction Vehicles was the 460th most exported product in Nigeria. The main destination of Large Construction Vehicles exports from Nigeria are: Niger ($66.5k) and Benin ($6.64k).

The fastest growing export markets for Large Construction Vehicles of Nigeria between 2021 and 2022 were Niger ($66.5k).

Imports In 2022, Nigeria imported $163M in Large Construction Vehicles, becoming the 59th largest importer of Large Construction Vehicles in the world. At the same year, Large Construction Vehicles was the 67th most imported product in Nigeria. Nigeria imports Large Construction Vehicles primarily from: China ($85.9M), United States ($19.8M), Netherlands ($8.52M), Brazil ($7.14M), and Germany ($7.1M).

The fastest growing import markets in Large Construction Vehicles for Nigeria between 2021 and 2022 were Brazil ($4.71M), Kuwait ($3.75M), and Singapore ($1.69M).

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 Large Construction Vehicles. 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)$73.1k
IMPORTS (2022)$163M
NET TRADE (2022)-$163M

In 2022, Nigeria exported $73.1k in Large Construction Vehicles. The main destinations of Nigeria exports on Large Construction Vehicles were Niger ($66.5k) and Benin ($6.64k).

In 2022, Nigeria imported $163M in Large Construction Vehicles, mainly from China ($85.9M), United States ($19.8M), Netherlands ($8.52M), Brazil ($7.14M), and Germany ($7.1M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Large Construction Vehicles EXPORT MARKETS FOR Nigeria WERE (2021 - 2022):Niger$66.5k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Large Construction Vehicles BY Nigeria WERE (2021 - 2022):Benin-$145k (-95.6%)
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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 Large Construction Vehicles were:
China $14.3B
Japan $13B
United States $5.24B
In 2022, Nigeria's main importing competitors in Large Construction Vehicles were:
United States $10.7B
Canada $4.04B
Australia $2.75B

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Trade Value of Large Construction Vehicles by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALNiger+ $15k
TOP IMPORT POTENTIALChina+ $21.6M

Large Construction Vehicles’s highest export potential is Niger. With an export gap of $15k.   Large Construction Vehicles’s highest import potential is China with an import gap of $21.6M.

See methodology.

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