2022
Exports
$451kWorld Rnk 114 / 218
Flag Rnk 259 / 1077
2022
PRODUCT COMPLEXITY IN Seats
0.0071Rnk 545 / 1025
2022
Imports
$155MWorld Rnk 56 / 224
Flag Rnk 69 / 1182
2022
ECONOMIC COMPLEXITY of Nigeria
-1.67Rnk 127 / 133

About

Exports In 2022, Nigeria exported $451k in Seats, making it the 114th largest exporter of Seats in the world. At the same year, Seats was the 259th most exported product in Nigeria. The main destination of Seats exports from Nigeria are: Benin ($147k), United States ($144k), Niger ($103k), Ghana ($30.4k), and South Africa ($8.48k).

The fastest growing export markets for Seats of Nigeria between 2021 and 2022 were United States ($137k), Ghana ($30.4k), and Benin ($10.8k).

Imports In 2022, Nigeria imported $155M in Seats, becoming the 56th largest importer of Seats in the world. At the same year, Seats was the 69th most imported product in Nigeria. Nigeria imports Seats primarily from: China ($122M), Turkey ($15.6M), Italy ($5.92M), Spain ($4.1M), and United Kingdom ($3.23M).

The fastest growing import markets in Seats for Nigeria between 2021 and 2022 were China ($15.9M), Spain ($3.74M), and Turkey ($1.51M).

Latest Trends

Sep 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 Seats. 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)$451k
IMPORTS (2022)$155M
NET TRADE (2022)-$155M

In 2022, Nigeria exported $451k in Seats. The main destinations of Nigeria exports on Seats were Benin ($147k), United States ($144k), Niger ($103k), Ghana ($30.4k), and South Africa ($8.48k).

In 2022, Nigeria imported $155M in Seats, mainly from China ($122M), Turkey ($15.6M), Italy ($5.92M), Spain ($4.1M), and United Kingdom ($3.23M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Seats EXPORT MARKETS FOR Nigeria WERE (2021 - 2022):
United States$137k (1.86k%)
Ghana$30.4k (1%)
Benin$10.8k (7.91%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Seats BY Nigeria WERE (2021 - 2022):
Cote d'Ivoire-$45.1k (-100%)
Angola-$35.2k (-95.4%)
Niger-$34.7k (-25.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Nigeria's main exporting competitors in Seats were:
China $34.3B
Poland $6.67B
Vietnam $4.84B
In 2022, Nigeria's main importing competitors in Seats were:

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Trade Value of Seats by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $509k
TOP IMPORT POTENTIALChina+ $39.6M

Seats’s highest export potential is United States. With an export gap of $509k.   Seats’s highest import potential is China with an import gap of $39.6M.

See methodology.

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