2022
Exports
$76.2MWorld Rnk 5 / 122
Flag Rnk 27 / 1077
falsefalse Italy
2022
PRODUCT COMPLEXITY IN Tanned Sheep Hides
-1.92Rnk 991 / 1025
2022
Imports
$5.89kWorld Rnk 100 / 144
Flag Rnk 1143 / 1182
2022
ECONOMIC COMPLEXITY of Nigeria
-1.67Rnk 127 / 133

About

Exports In 2022, Nigeria exported $76.2M in Tanned Sheep Hides, making it the 5th largest exporter of Tanned Sheep Hides in the world. At the same year, Tanned Sheep Hides was the 27th most exported product in Nigeria. The main destination of Tanned Sheep Hides exports from Nigeria are: Italy ($26.7M), Spain ($26.4M), India ($15.1M), Brazil ($4.02M), and China ($1.6M).

The fastest growing export markets for Tanned Sheep Hides of Nigeria between 2021 and 2022 were India ($9.18M), Spain ($2.51M), and Brazil ($2.37M).

Imports In 2022, Nigeria imported $5.89k in Tanned Sheep Hides, becoming the 100th largest importer of Tanned Sheep Hides in the world. At the same year, Tanned Sheep Hides was the 1143rd most imported product in Nigeria. Nigeria imports Tanned Sheep Hides primarily from: Vietnam ($5.76k) and Niger ($128).

Latest Trends

Oct 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 Tanned Sheep Hides. 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)$76.2M
IMPORTS (2022)$5.89k
NET TRADE (2022)$76.2M

In 2022, Nigeria exported $76.2M in Tanned Sheep Hides. The main destinations of Nigeria exports on Tanned Sheep Hides were Italy ($26.7M), Spain ($26.4M), India ($15.1M), Brazil ($4.02M), and China ($1.6M).

In 2022, Nigeria imported $5.89k in Tanned Sheep Hides, mainly from Vietnam ($5.76k) and Niger ($128).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Tanned Sheep Hides EXPORT MARKETS FOR Nigeria WERE (2021 - 2022):
India$9.18M (155%)
Spain$2.51M (10.5%)
Brazil$2.37M (145%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tanned Sheep Hides BY Nigeria WERE (2021 - 2022):
Turkey-$513k (-41.1%)
United States-$242k (-29%)
United Arab Emirates-$163k (-70.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Nigeria's main exporting competitors in Tanned Sheep Hides were:
Spain $150M
Italy $118M
China $95.2M
In 2022, Nigeria's main importing competitors in Tanned Sheep Hides were:

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Trade Value of Tanned Sheep Hides by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $3.59M
TOP IMPORT POTENTIALSpain+ $382

Tanned Sheep Hides’s highest export potential is India. With an export gap of $3.59M.   Tanned Sheep Hides’s highest import potential is Spain with an import gap of $382.

See methodology.

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