2021
Exports | Imports
$45.8M | $5.25MWorld Rnk 10 / 149
Flag Rnk 31 / 1041
World Rnk 48 / 205
Flag Rnk 572 / 1185
2021
ECONOMIC COMPLEXITY of Nigeria
-1.56Rnk 126 / 131
2021
PRODUCT COMPLEXITY IN Wood Charcoal
-1.41Rnk 932 / 1024

About

Exports In 2021, Nigeria exported $45.8M in Wood Charcoal, making it the 10th largest exporter of Wood Charcoal in the world. At the same year, Wood Charcoal was the 31st most exported product in Nigeria. The main destination of Wood Charcoal exports from Nigeria are: United Arab Emirates ($6.35M), Poland ($5.71M), Lebanon ($4.26M), Greece ($3.37M), and Portugal ($3.34M).

The fastest growing export markets for Wood Charcoal of Nigeria between 2020 and 2021 were Poland ($2.03M), Greece ($1.03M), and Portugal ($677k).

Imports In 2021, Nigeria imported $5.25M in Wood Charcoal, becoming the 48th largest importer of Wood Charcoal in the world. At the same year, Wood Charcoal was the 572nd most imported product in Nigeria. Nigeria imports Wood Charcoal primarily from: China ($5.19M), Niger ($48.6k), Poland ($3.91k), Indonesia ($3.58k), and United Arab Emirates ($2.81k).

The fastest growing import markets in Wood Charcoal for Nigeria between 2020 and 2021 were China ($4.13M), Niger ($48.6k), and Poland ($3.91k).

Latest Trends

Dec 2023

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 Wood Charcoal. 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 (2021)$45.8M
IMPORTS (2021)$5.25M
NET TRADE (2021)$40.5M

In 2021, Nigeria exported $45.8M in Wood Charcoal. The main destinations of Nigeria exports on Wood Charcoal were United Arab Emirates ($6.35M), Poland ($5.71M), Lebanon ($4.26M), Greece ($3.37M), and Portugal ($3.34M).

In 2021, Nigeria imported $5.25M in Wood Charcoal, mainly from China ($5.19M), Niger ($48.6k), Poland ($3.91k), Indonesia ($3.58k), and United Arab Emirates ($2.81k).

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Export Destinations (2021)

Import Origins (2021)

Market Growth

Flow
THE FASTEST GROWING Wood Charcoal EXPORT MARKETS FOR Nigeria WERE (2020 - 2021):
Poland$2.03M (55.1%)
Greece$1.03M (43.9%)
Portugal$677k (25.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wood Charcoal BY Nigeria WERE (2020 - 2021):
South Korea-$2.04M (-82.4%)
Lebanon-$1.56M (-26.8%)
Saudi Arabia-$1.45M (-38.7%)

Change in Exports by Market (2020 - 2021)

Market Concentration

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Flow
Type
In 2021, Nigeria's main exporting competitors in Wood Charcoal were:
In 2021, Nigeria's main importing competitors in Wood Charcoal were:

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Trade Value of Wood Charcoal by Exporters

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