2022
Exports | Imports
$21.1k | $184kWorld Rnk 104 / 161
Flag Rnk 603 / 1077
World Rnk 104 / 200
Flag Rnk 993 / 1182
2022
ECONOMIC COMPLEXITY of Nigeria
-1.67Rnk 119 / 124
2022
PRODUCT COMPLEXITY IN Pearl Products
-0.52Rnk 705 / 1025

About

Exports In 2022, Nigeria exported $21.1k in Pearl Products, making it the 104th largest exporter of Pearl Products in the world. At the same year, Pearl Products was the 603rd most exported product in Nigeria. The main destination of Pearl Products exports from Nigeria are: Chinese Taipei ($4.63k), United States ($2.31k), Germany ($2.1k), United Arab Emirates ($2.01k), and United Kingdom ($1.8k).

The fastest growing export markets for Pearl Products of Nigeria between 2021 and 2022 were Chinese Taipei ($4.63k), United States ($2.31k), and United Arab Emirates ($2.01k).

Imports In 2022, Nigeria imported $184k in Pearl Products, becoming the 104th largest importer of Pearl Products in the world. At the same year, Pearl Products was the 993rd most imported product in Nigeria. Nigeria imports Pearl Products primarily from: South Africa ($74.5k), United States ($53.9k), Germany ($40k), China ($7.19k), and France ($4.67k).

The fastest growing import markets in Pearl Products for Nigeria between 2021 and 2022 were Germany ($14k), South Africa ($5.95k), and France ($4.18k).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Pearl Products from Nigeria to the United States.

Latest Trends

Feb 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 Pearl Products. 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)$21.1k
IMPORTS (2022)$184k
NET TRADE (2022)-$163k

In 2022, Nigeria exported $21.1k in Pearl Products. The main destinations of Nigeria exports on Pearl Products were Chinese Taipei ($4.63k), United States ($2.31k), Germany ($2.1k), United Arab Emirates ($2.01k), and United Kingdom ($1.8k).

In 2022, Nigeria imported $184k in Pearl Products, mainly from South Africa ($74.5k), United States ($53.9k), Germany ($40k), China ($7.19k), and France ($4.67k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Pearl Products EXPORT MARKETS FOR Nigeria WERE (2021 - 2022):
Chinese Taipei$4.63k (1%)
United States$2.31k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Pearl Products BY Nigeria WERE (2021 - 2022):
United Kingdom-$3.18k (-63.9%)
South Africa-$2.33k (-100%)
Thailand-$1.95k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Nigeria's main exporting competitors in Pearl Products were:
In 2022, Nigeria's main importing competitors in Pearl Products were:

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Trade Value of Pearl Products by Exporters

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