2022
Exports
$2.42MWorld Rnk 79 / 156
Flag Rnk 126 / 1077
2022
PRODUCT COMPLEXITY IN Propylene Polymers
0.22Rnk 482 / 1025
2022
Imports
$459MWorld Rnk 26 / 207
Flag Rnk 18 / 1182
2022
ECONOMIC COMPLEXITY of Nigeria
-1.67Rnk 127 / 133

About

Exports In 2022, Nigeria exported $2.42M in Propylene Polymers, making it the 79th largest exporter of Propylene Polymers in the world. At the same year, Propylene Polymers was the 126th most exported product in Nigeria. The main destination of Propylene Polymers exports from Nigeria are: Morocco ($1.27M), United States ($540k), Netherlands ($238k), Portugal ($156k), and Belgium ($153k).

The fastest growing export markets for Propylene Polymers of Nigeria between 2021 and 2022 were Morocco ($607k), Netherlands ($238k), and Belgium ($153k).

Imports In 2022, Nigeria imported $459M in Propylene Polymers, becoming the 26th largest importer of Propylene Polymers in the world. At the same year, Propylene Polymers was the 18th most imported product in Nigeria. Nigeria imports Propylene Polymers primarily from: Saudi Arabia ($148M), South Korea ($104M), South Africa ($101M), China ($48.8M), and Thailand ($13.5M).

The fastest growing import markets in Propylene Polymers for Nigeria between 2021 and 2022 were China ($17.3M), South Africa ($4.45M), and North Korea ($3.34M).

Latest Trends

Jul 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 Propylene Polymers. 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)$2.42M
IMPORTS (2022)$459M
NET TRADE (2022)-$456M

In 2022, Nigeria exported $2.42M in Propylene Polymers. The main destinations of Nigeria exports on Propylene Polymers were Morocco ($1.27M), United States ($540k), Netherlands ($238k), Portugal ($156k), and Belgium ($153k).

In 2022, Nigeria imported $459M in Propylene Polymers, mainly from Saudi Arabia ($148M), South Korea ($104M), South Africa ($101M), China ($48.8M), and Thailand ($13.5M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Propylene Polymers EXPORT MARKETS FOR Nigeria WERE (2021 - 2022):
Morocco$607k (91.2%)
Netherlands$238k (1%)
Belgium$153k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Propylene Polymers BY Nigeria WERE (2021 - 2022):
United States-$928k (-63.2%)
United Arab Emirates-$154k (-100%)
Cameroon-$150k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Nigeria's main exporting competitors in Propylene Polymers were:
In 2022, Nigeria's main importing competitors in Propylene Polymers were:
China $5.98B
Turkey $3.31B
Germany $3.08B

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Trade Value of Propylene Polymers by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.11M
TOP IMPORT POTENTIALChina+ $12.9M

Propylene Polymers’s highest export potential is United States. With an export gap of $1.11M.   Propylene Polymers’s highest import potential is China with an import gap of $12.9M.

See methodology.

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