2022
Exports | Imports
$5.19M | $280MWorld Rnk 68 / 214
Flag Rnk 92 / 1077
World Rnk 38 / 222
Flag Rnk 38 / 1182
2022
ECONOMIC COMPLEXITY of Nigeria
-1.67Rnk 119 / 124
2022
PRODUCT COMPLEXITY IN Telephones
0.49Rnk 381 / 1025

About

Exports In 2022, Nigeria exported $5.19M in Telephones, making it the 68th largest exporter of Telephones in the world. At the same year, Telephones was the 92nd most exported product in Nigeria. The main destination of Telephones exports from Nigeria are: Hong Kong ($3.77M), South Korea ($919k), Netherlands ($264k), Hungary ($57.8k), and India ($42.8k).

The fastest growing export markets for Telephones of Nigeria between 2021 and 2022 were Italy ($37.6k), Netherlands ($23.1k), and Seychelles ($6.35k).

Imports In 2022, Nigeria imported $280M in Telephones, becoming the 38th largest importer of Telephones in the world. At the same year, Telephones was the 38th most imported product in Nigeria. Nigeria imports Telephones primarily from: China ($236M), United Arab Emirates ($7.95M), Austria ($7.39M), Vietnam ($7.07M), and Netherlands ($3.33M).

The fastest growing import markets in Telephones for Nigeria between 2021 and 2022 were Austria ($7.38M), United Arab Emirates ($2.51M), and Vietnam ($1.22M).

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

Latest Trends

Jan 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 Telephones. 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)$5.19M
IMPORTS (2022)$280M
NET TRADE (2022)-$275M

In 2022, Nigeria exported $5.19M in Telephones. The main destinations of Nigeria exports on Telephones were Hong Kong ($3.77M), South Korea ($919k), Netherlands ($264k), Hungary ($57.8k), and India ($42.8k).

In 2022, Nigeria imported $280M in Telephones, mainly from China ($236M), United Arab Emirates ($7.95M), Austria ($7.39M), Vietnam ($7.07M), and Netherlands ($3.33M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Telephones EXPORT MARKETS FOR Nigeria WERE (2021 - 2022):
Italy$37.6k (1%)
Netherlands$23.1k (9.6%)
Seychelles$6.35k (2.8k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Telephones BY Nigeria WERE (2021 - 2022):
Namibia-$1.1M (-100%)
South Korea-$715k (-43.8%)
Rwanda-$159k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Nigeria's main exporting competitors in Telephones were:
In 2022, Nigeria's main importing competitors in Telephones were:
China $21.3B
Vietnam $9.43B

Explore Visualizations

Trade Value of Telephones by Exporters

Have questions, comments, or concerns?
Send us an e-mail: [email protected]
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with