2023
Exports
$269World Rnk 65 / 72
Flag Rnk 994 / 1096
2023
Imports
$13.6kWorld Rnk 55 / 102
Flag Rnk 1118 / 1184
2023
ECONOMIC COMPLEXITY of Nigeria
-1.75Rnk 129 / 132

About

Exports In 2023, Nigeria exported $269 in Rye, making it the 65th largest exporter of Rye in the world. At the same year, Rye was the 994th most exported product in Nigeria. The main destination of Rye exports from Nigeria are: Ireland ($157) and United Arab Emirates ($112).

The fastest growing export markets for Rye of Nigeria between N/A and 2023 were Ireland ($157) and United Arab Emirates ($112).

Imports In 2023, Nigeria imported $13.6k in Rye, becoming the 55th largest importer of Rye in the world. At the same year, Rye was the 1118th most imported product in Nigeria. Nigeria imports Rye primarily from: Costa Rica ($5.71k), United Kingdom ($3.44k), Qatar ($2.1k), Turkey ($1.81k), and South Africa ($542).

The fastest growing import markets in Rye for Nigeria between 2022 and 2023 were Costa Rica ($5.71k), United Kingdom ($3.44k), and Qatar ($2.1k).

Latest Trends

Dec 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 Rye. 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 (2023)$269
IMPORTS (2023)$13.6k
NET TRADE (2023)-$13.3k

In 2023, Nigeria exported $269 in Rye. The main destinations of Nigeria exports on Rye were Ireland ($157) and United Arab Emirates ($112).

In 2023, Nigeria imported $13.6k in Rye, mainly from Costa Rica ($5.71k), United Kingdom ($3.44k), Qatar ($2.1k), Turkey ($1.81k), and South Africa ($542).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Rye EXPORT MARKETS FOR Nigeria WERE (N/A - 2023):
Ireland$157 (1%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Nigeria's main exporting competitors in Rye were:
Germany $96.4M
Canada $81.6M
In 2023, Nigeria's main importing competitors in Rye were:

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Trade Value of Rye by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $466
TOP IMPORT POTENTIALKenya+ $1.29k

Rye’s highest export potential is United States. With an export gap of $466.   Rye’s highest import potential is Kenya with an import gap of $1.29k.

See methodology.

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