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2022
Exports $1.9kWorld Rnk 156 / 167
Flag Rnk 857 / 1077
falsefalse Benin
2021 - 2022
FASTEST GROWING MARKETfalsefalse
2022
PRODUCT COMPLEXITY IN Recreational Boats0.3Rnk 445 / 1025
2022
Imports $7.09MWorld Rnk 92 / 217
Flag Rnk 520 / 1182
2021 - 2022
FASTEST GROWING ORIGINfalseItaly
2022
ECONOMIC COMPLEXITY of Nigeria-1.67Rnk 127 / 133

About

Exports In 2022, Nigeria exported $1.9k in Recreational Boats, making it the 156th largest exporter of Recreational Boats in the world. At the same year, Recreational Boats was the 857th most exported product in Nigeria. The main destination of Recreational Boats exports from Nigeria are: Benin ($1.9k).

Imports In 2022, Nigeria imported $7.09M in Recreational Boats, becoming the 92nd largest importer of Recreational Boats in the world. At the same year, Recreational Boats was the 520th most imported product in Nigeria. Nigeria imports Recreational Boats primarily from: Italy ($2.28M), United Arab Emirates ($1.61M), United Kingdom ($1.24M), Netherlands ($507k), and United States ($317k).

The fastest growing import markets in Recreational Boats for Nigeria between 2021 and 2022 were Italy ($1.65M), United Kingdom ($679k), and United Arab Emirates ($553k).

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 Recreational Boats. 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)$1.9k
IMPORTS (2022)$7.09M
NET TRADE (2022)-$7.09M

In 2022, Nigeria exported $1.9k in Recreational Boats. The main destinations of Nigeria exports on Recreational Boats were Benin ($1.9k).

In 2022, Nigeria imported $7.09M in Recreational Boats, mainly from Italy ($2.28M), United Arab Emirates ($1.61M), United Kingdom ($1.24M), Netherlands ($507k), and United States ($317k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Recreational Boats BY Nigeria WERE (2021 - 2022):
Honduras-$8.69k (-100%)
Angola-$5.21k (-100%)
South Africa-$3.5k (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Nigeria's main exporting competitors in Recreational Boats were:
Italy $3.5B
United States $1.89B
France $1.35B
In 2022, Nigeria's main importing competitors in Recreational Boats were:
United States $3.03B
Malta $1.37B
Canada $1.13B

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Trade Value of Recreational Boats by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $1.11k
TOP IMPORT POTENTIALItaly+ $1.33M

Recreational Boats’s highest export potential is United States. With an export gap of $1.11k.   Recreational Boats’s highest import potential is Italy with an import gap of $1.33M.

See methodology.

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