2023
Exports
$33.1kWorld Rnk 134 / 188
Flag Rnk 570 / 1096
2023
PRODUCT COMPLEXITY IN Wine
-1.07Rnk 849 / 1025
2023
Imports
$50.3MWorld Rnk 56 / 226
Flag Rnk 176 / 1184
2023
ECONOMIC COMPLEXITY of Nigeria
-1.75Rnk 129 / 132

About

Exports In 2023, Nigeria exported $33.1k in Wine, making it the 134th largest exporter of Wine in the world. At the same year, Wine was the 570th most exported product in Nigeria. The main destination of Wine exports from Nigeria are: Grenada ($23.6k), Zambia ($5.06k), Benin ($1.18k), Ghana ($1.17k), and Portugal ($1.03k).

The fastest growing export markets for Wine of Nigeria between 2022 and 2023 were Grenada ($23.6k), Zambia ($5.06k), and Ghana ($1.17k).

Imports In 2023, Nigeria imported $50.3M in Wine, becoming the 56th largest importer of Wine in the world. At the same year, Wine was the 176th most imported product in Nigeria. Nigeria imports Wine primarily from: France ($15.4M), Spain ($12.7M), South Africa ($7.42M), United States ($4.29M), and Italy ($3.16M).

The fastest growing import markets in Wine for Nigeria between 2022 and 2023 were Ghana ($636k), Bulgaria ($390k), and Greece ($60.3k).

Latest Trends

Dec 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 Wine. 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 (2023)$33.1k
IMPORTS (2023)$50.3M
NET TRADE (2023)-$50.2M

In 2023, Nigeria exported $33.1k in Wine. The main destinations of Nigeria exports on Wine were Grenada ($23.6k), Zambia ($5.06k), Benin ($1.18k), Ghana ($1.17k), and Portugal ($1.03k).

In 2023, Nigeria imported $50.3M in Wine, mainly from France ($15.4M), Spain ($12.7M), South Africa ($7.42M), United States ($4.29M), and Italy ($3.16M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Wine EXPORT MARKETS FOR Nigeria WERE (2022 - 2023):
Grenada$23.6k (1%)
Zambia$5.06k (1%)
Ghana$1.17k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wine BY Nigeria WERE (2022 - 2023):
Antigua and Barbuda-$47k (-100%)
Burkina Faso-$15.4k (-100%)
Angola-$2.76k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Nigeria's main exporting competitors in Wine were:
France $13.6B
Italy $8.73B
Spain $3.78B
In 2023, Nigeria's main importing competitors in Wine were:

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Trade Value of Wine by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALBenin+ $3.37k
TOP IMPORT POTENTIALFrance+ $10.9M

Wine’s highest export potential is Benin. With an export gap of $3.37k.   Wine’s highest import potential is France with an import gap of $10.9M.

See methodology.

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