2022
Exports | Imports
$85M | $29.3MWorld Rnk 10 / 194
Flag Rnk 21 / 1077
World Rnk 25 / 223
Flag Rnk 287 / 1182
2022
ECONOMIC COMPLEXITY of Nigeria
-1.67Rnk 119 / 124
2022
PRODUCT COMPLEXITY IN Spices
-1.64Rnk 961 / 1025

About

Exports In 2022, Nigeria exported $85M in Spices, making it the 10th largest exporter of Spices in the world. At the same year, Spices was the 21st most exported product in Nigeria. The main destination of Spices exports from Nigeria are: India ($18.7M), Germany ($17.5M), United Arab Emirates ($11.9M), Sudan ($7.82M), and United States ($6.03M).

The fastest growing export markets for Spices of Nigeria between 2021 and 2022 were Germany ($4.65M), Sudan ($4.63M), and India ($3.77M).

Imports In 2022, Nigeria imported $29.3M in Spices, becoming the 25th largest importer of Spices in the world. At the same year, Spices was the 287th most imported product in Nigeria. Nigeria imports Spices primarily from: United Kingdom ($11.3M), India ($5.24M), France ($4.6M), Morocco ($3.88M), and South Africa ($1.63M).

The fastest growing import markets in Spices for Nigeria between 2021 and 2022 were United Kingdom ($10.1M), South Africa ($427k), and China ($252k).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Spices from Nigeria to the United States.

Latest Trends

Feb 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 Spices. 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)$85M
IMPORTS (2022)$29.3M
NET TRADE (2022)$55.7M

In 2022, Nigeria exported $85M in Spices. The main destinations of Nigeria exports on Spices were India ($18.7M), Germany ($17.5M), United Arab Emirates ($11.9M), Sudan ($7.82M), and United States ($6.03M).

In 2022, Nigeria imported $29.3M in Spices, mainly from United Kingdom ($11.3M), India ($5.24M), France ($4.6M), Morocco ($3.88M), and South Africa ($1.63M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Spices EXPORT MARKETS FOR Nigeria WERE (2021 - 2022):
Germany$4.65M (36.1%)
Sudan$4.63M (145%)
India$3.77M (25.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Spices BY Nigeria WERE (2021 - 2022):
China-$7.21M (-91.4%)
Saudi Arabia-$2.36M (-63.9%)
Egypt-$1.77M (-60.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Nigeria's main exporting competitors in Spices were:
In 2022, Nigeria's main importing competitors in Spices were:

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Trade Value of Spices by Exporters

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