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Exports In 2022, Nigeria exported $2.56k in Prepared Cotton, making it the 81st largest exporter of Prepared Cotton in the world. At the same year, Prepared Cotton was the 837th most exported product in Nigeria. The main destination of Prepared Cotton exports from Nigeria are: Benin ($2.43k) and Portugal ($125).

The fastest growing export markets for Prepared Cotton of Nigeria between 2021 and 2022 were Benin ($2.32k) and Portugal ($125).

Imports In 2022, Nigeria imported $61.8k in Prepared Cotton, becoming the 89th largest importer of Prepared Cotton in the world. At the same year, Prepared Cotton was the 1055th most imported product in Nigeria. Nigeria imports Prepared Cotton primarily from: Austria ($33k), Czechia ($13.6k), China ($10k), United Kingdom ($2.36k), and Ethiopia ($1.36k).

The fastest growing import markets in Prepared Cotton for Nigeria between 2021 and 2022 were Austria ($33k), Czechia ($12.6k), and China ($10k).

Latest Trends

Jul 2024

Subnational Monthly Trade

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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 Prepared Cotton. 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)$2.56k
IMPORTS (2022)$61.8k
NET TRADE (2022)-$59.3k

In 2022, Nigeria exported $2.56k in Prepared Cotton. The main destinations of Nigeria exports on Prepared Cotton were Benin ($2.43k) and Portugal ($125).

In 2022, Nigeria imported $61.8k in Prepared Cotton, mainly from Austria ($33k), Czechia ($13.6k), China ($10k), United Kingdom ($2.36k), and Ethiopia ($1.36k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Prepared Cotton EXPORT MARKETS FOR Nigeria WERE (2021 - 2022):
Benin$2.32k (2.01k%)
Portugal$125 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Prepared Cotton BY Nigeria WERE (2021 - 2022):Niger-$35 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Type
In 2022, Nigeria's main exporting competitors in Prepared Cotton were:
In 2022, Nigeria's main importing competitors in Prepared Cotton were:

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Trade Value of Prepared Cotton by Exporters

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALChina+ $567
TOP IMPORT POTENTIALChina+ $4.58k

Prepared Cotton’s highest export potential is China. With an export gap of $567.   Prepared Cotton’s highest import potential is China with an import gap of $4.58k.

See methodology.

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