2022
Exports
$4.39MWorld Rnk 26 / 124
Flag Rnk 99 / 1077
2022
PRODUCT COMPLEXITY IN Leather of Other Animals
-0.66Rnk 745 / 1025
2022
Imports
$1.37MWorld Rnk 48 / 139
Flag Rnk 778 / 1182
2022
ECONOMIC COMPLEXITY of Nigeria
-1.67Rnk 127 / 133

About

Exports In 2022, Nigeria exported $4.39M in Leather of Other Animals, making it the 26th largest exporter of Leather of Other Animals in the world. At the same year, Leather of Other Animals was the 99th most exported product in Nigeria. The main destination of Leather of Other Animals exports from Nigeria are: Spain ($2.43M), Italy ($1.3M), China ($374k), United Arab Emirates ($237k), and United States ($42.2k).

The fastest growing export markets for Leather of Other Animals of Nigeria between 2021 and 2022 were Spain ($2.06M), Italy ($1.3M), and China ($374k).

Imports In 2022, Nigeria imported $1.37M in Leather of Other Animals, becoming the 48th largest importer of Leather of Other Animals in the world. At the same year, Leather of Other Animals was the 778th most imported product in Nigeria. Nigeria imports Leather of Other Animals primarily from: China ($911k), Kenya ($404k), Italy ($28.5k), Poland ($22.6k), and United States ($2.77k).

The fastest growing import markets in Leather of Other Animals for Nigeria between 2021 and 2022 were China ($882k) and Poland ($22.6k).

Latest Trends

Oct 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 Leather of Other Animals. 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)$4.39M
IMPORTS (2022)$1.37M
NET TRADE (2022)$3.02M

In 2022, Nigeria exported $4.39M in Leather of Other Animals. The main destinations of Nigeria exports on Leather of Other Animals were Spain ($2.43M), Italy ($1.3M), China ($374k), United Arab Emirates ($237k), and United States ($42.2k).

In 2022, Nigeria imported $1.37M in Leather of Other Animals, mainly from China ($911k), Kenya ($404k), Italy ($28.5k), Poland ($22.6k), and United States ($2.77k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Leather of Other Animals EXPORT MARKETS FOR Nigeria WERE (2021 - 2022):
Spain$2.06M (543%)
Italy$1.3M (1%)
China$374k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Leather of Other Animals BY Nigeria WERE (2021 - 2022):
India-$1.52M (-100%)
Poland-$38.3k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Nigeria's main exporting competitors in Leather of Other Animals were:
In 2022, Nigeria's main importing competitors in Leather of Other Animals were:
Italy $106M
China $83.4M

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Trade Value of Leather of Other Animals by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALItaly+ $19.9k
TOP IMPORT POTENTIALItaly+ $623k

Leather of Other Animals’s highest export potential is Italy. With an export gap of $19.9k.   Leather of Other Animals’s highest import potential is Italy with an import gap of $623k.

See methodology.

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