2022
Exports
$5.06kWorld Rnk 57 / 100
Flag Rnk 776 / 1077
2022
PRODUCT COMPLEXITY IN Pearls
0.23Rnk 478 / 1025
2022
Imports
$30.2kWorld Rnk 86 / 152
Flag Rnk 1087 / 1182
2022
ECONOMIC COMPLEXITY of Nigeria
-1.67Rnk 127 / 133

About

Exports In 2022, Nigeria exported $5.06k in Pearls, making it the 57th largest exporter of Pearls in the world. At the same year, Pearls was the 776th most exported product in Nigeria. The main destination of Pearls exports from Nigeria are: Benin ($3.93k), South Africa ($956), Sweden ($99), and Netherlands ($74).

The fastest growing export markets for Pearls of Nigeria between 2021 and 2022 were Benin ($2.22k), South Africa ($956), and Sweden ($99).

Imports In 2022, Nigeria imported $30.2k in Pearls, becoming the 86th largest importer of Pearls in the world. At the same year, Pearls was the 1087th most imported product in Nigeria. Nigeria imports Pearls primarily from: China ($30.1k) and Canada ($124).

The fastest growing import markets in Pearls for Nigeria between 2021 and 2022 were China ($28.2k) and Canada ($124).

Latest Trends

Aug 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 Pearls. 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)$5.06k
IMPORTS (2022)$30.2k
NET TRADE (2022)-$25.2k

In 2022, Nigeria exported $5.06k in Pearls. The main destinations of Nigeria exports on Pearls were Benin ($3.93k), South Africa ($956), Sweden ($99), and Netherlands ($74).

In 2022, Nigeria imported $30.2k in Pearls, mainly from China ($30.1k) and Canada ($124).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Pearls EXPORT MARKETS FOR Nigeria WERE (2021 - 2022):
Benin$2.22k (130%)
South Africa$956 (1%)
Sweden$99 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Pearls BY Nigeria WERE (2021 - 2022):
France-$190 (-100%)
Niger-$135 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Pearls by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $739
TOP IMPORT POTENTIALChina+ $16.1k

Pearls’s highest export potential is China. With an export gap of $739.   Pearls’s highest import potential is China with an import gap of $16.1k.

See methodology.

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