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2022
Exports $8.88kWorld Rnk 93 / 134
Flag Rnk 717 / 1077
2022
Destination $4.19k Benin
2021 - 2022
FASTEST GROWING MARKET $4.19kBurkina Faso
2022
PRODUCT COMPLEXITY IN Rubber Textiles0.14Rnk 506 / 1025
2022
Imports $2.58MWorld Rnk 56 / 208
Flag Rnk 688 / 1182
2022
Origin $52k China
2021 - 2022
FASTEST GROWING ORIGIN $52kSouth Africa
2022
ECONOMIC COMPLEXITY of Nigeria-1.67Rnk 127 / 133

About

Exports In 2022, Nigeria exported $8.88k in Rubber Textiles, making it the 93rd largest exporter of Rubber Textiles in the world. At the same year, Rubber Textiles was the 717th most exported product in Nigeria. The main destination of Rubber Textiles exports from Nigeria are: Benin ($4.21k), Burkina Faso ($4.19k), Niger ($394), Cyprus ($93), and Ireland ($2).

The fastest growing export markets for Rubber Textiles of Nigeria between 2021 and 2022 were Burkina Faso ($4.19k), Benin ($2.84k), and Niger ($367).

Imports In 2022, Nigeria imported $2.58M in Rubber Textiles, becoming the 56th largest importer of Rubber Textiles in the world. At the same year, Rubber Textiles was the 688th most imported product in Nigeria. Nigeria imports Rubber Textiles primarily from: China ($2.46M), South Africa ($54k), United Kingdom ($52.6k), United States ($6.41k), and Turkey ($5.83k).

The fastest growing import markets in Rubber Textiles for Nigeria between 2021 and 2022 were South Africa ($52k), United Kingdom ($43.4k), and Kenya ($4.84k).

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 Rubber Textiles. 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)$8.88k
IMPORTS (2022)$2.58M
NET TRADE (2022)-$2.58M

In 2022, Nigeria exported $8.88k in Rubber Textiles. The main destinations of Nigeria exports on Rubber Textiles were Benin ($4.21k), Burkina Faso ($4.19k), Niger ($394), Cyprus ($93), and Ireland ($2).

In 2022, Nigeria imported $2.58M in Rubber Textiles, mainly from China ($2.46M), South Africa ($54k), United Kingdom ($52.6k), United States ($6.41k), and Turkey ($5.83k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Rubber Textiles EXPORT MARKETS FOR Nigeria WERE (2021 - 2022):
Burkina Faso$4.19k (1%)
Benin$2.84k (208%)
Niger$367 (1.36k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rubber Textiles BY Nigeria WERE (2021 - 2022):
Ireland-$29 (-93.5%)
Cyprus-$13 (-12.3%)
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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 Rubber Textiles were:
China $343M
Italy $86.9M
France $63.1M
In 2022, Nigeria's main importing competitors in Rubber Textiles were:
Vietnam $63.4M
United States $48.2M
Romania $42.1M

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Trade Value of Rubber Textiles by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $789
TOP IMPORT POTENTIALChina+ $213k

Rubber Textiles’s highest export potential is United States. With an export gap of $789.   Rubber Textiles’s highest import potential is China with an import gap of $213k.

See methodology.

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