NEW: World Trade TARIFFS Simulator!
NEW: 2023 Data and Complexity Rankings
Sign In
Pricing

2022
Exports $2MWorld Rnk 0 / 0
Flag Rnk 0 / 0
falsefalseN/A
2023
PRODUCT COMPLEXITY IN Tanks and Armored vehicles-0.48Rnk 692 / 1025
2022
Imports $9.17BWorld Rnk 1 / 127
Flag Rnk 2 / 1184
2023
ECONOMIC COMPLEXITY of Nigeria-1.75Rnk 129 / 132

About

Imports In 2023, Nigeria imported $9.17B in Tanks and Armored vehicles, becoming the 1st largest importer of Tanks and Armored vehicles in the world. At the same year, Tanks and Armored vehicles was the 2nd most imported product in Nigeria. Nigeria imports Tanks and Armored vehicles primarily from: Singapore ($9.17B), Germany ($2.37M), Turkey ($1.18M), United States ($1.12M), and United Arab Emirates ($846k).

The fastest growing import markets in Tanks and Armored vehicles for Nigeria between 2022 and 2023 were Singapore ($9.17B), Germany ($2.37M), and Turkey ($907k).

Latest Trends

Dec 2024

Subnational Monthly Trade

View
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 Tanks and Armored vehicles. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

Explore Latest Trends

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2022)$2M
IMPORTS (2023)$9.17B
NET TRADE (2023)-$9.17B

In 2023, Nigeria imported $9.17B in Tanks and Armored vehicles, mainly from Singapore ($9.17B), Germany ($2.37M), Turkey ($1.18M), United States ($1.12M), and United Arab Emirates ($846k).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tanks and Armored vehicles BY Nigeria WERE (N/A - 2022):Chad-$2M (-100%)
Explore Visualizations

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Nigeria's main exporting competitors in Tanks and Armored vehicles were:
Singapore $9.17B
Canada $1.62B
United States $963M
In 2023, Nigeria's main importing competitors in Tanks and Armored vehicles were:
Saudi Arabia $1.11B
Poland $659M

Explore Visualizations

Trade Value of Tanks and Armored vehicles by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $2.59k
TOP IMPORT POTENTIALUnited States+ $1.58M

Tanks and Armored vehicles’s highest export potential is United States. With an export gap of $2.59k.   Tanks and Armored vehicles’s highest import potential is United States with an import gap of $1.58M.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms