HS Icon Wheat in  Flag Nigeria

2020
Exports | Imports
: $16.5k | $2.15B, World Rnk 91 / 123
Flag Rnk 557 / 1013 | World Rnk 4 / 191
Flag Rnk 3 / 1187

2019 - 2020
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $14.6k | $464M, Niger |  Lithuania

2020
ECONOMIC COMPLEXITY of Nigeria
: -1.65, Rnk 125 / 127

2020
PRODUCT COMPLEXITY  IN Wheat
: -0.49, Rnk 700 / 1029

Exports In 2020, Nigeria exported $16.5k in Wheat, making it the 91st largest exporter of Wheat in the world. At the same year, Wheat was the 557th most exported product in Nigeria. The main destination of Wheat exports from Nigeria are: Niger ($14.9k), Belgium ($1.42k), Netherlands ($84), South Africa ($53), and Canada ($37).

The fastest growing export markets for Wheat of Nigeria between 2019 and 2020 were Niger ($14.6k), Belgium ($909), and Canada ($37).

Imports In 2020, Nigeria imported $2.15B in Wheat, becoming the 4th largest importer of Wheat in the world. At the same year, Wheat was the 3rd most imported product in Nigeria. Nigeria imports Wheat primarily from: Russia ($556M), Lithuania ($502M), United States ($312M), Canada ($242M), and Latvia ($192M).

The fastest growing import markets in Wheat for Nigeria between 2019 and 2020 were Lithuania ($464M), Russia ($161M), and Germany ($127M).

Subnational Monthly Trade

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The following visualization shows the latest trends on Wheat. 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

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EXPORTS (2020): $16.5k

IMPORTS (2020): $2.15B

NET TRADE (2020): -$2.15B

In 2020, Nigeria exported $16.5k in Wheat. The main destinations of Nigeria exports on Wheat were Niger ($14.9k), Belgium ($1.42k), Netherlands ($84), South Africa ($53), and Canada ($37).

In 2020, Nigeria imported $2.15B in Wheat, mainly from Russia ($556M), Lithuania ($502M), United States ($312M), Canada ($242M), and Latvia ($192M).

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THE FASTEST GROWING Wheat EXPORT MARKETS FOR Nigeria WERE (2019 - 2020):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wheat BY Nigeria WERE (2019 - 2020):

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Market Concentration

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In 2020, Nigeria's main exporting competitors in Wheat were:

In 2020, Nigeria's main importing competitors in Wheat were:

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