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Exports In 2022, Nigeria exported $1.33k in Wood Stakes, making it the 107th largest exporter of Wood Stakes in the world. At the same year, Wood Stakes was the 882nd most exported product in Nigeria. The main destination of Wood Stakes exports from Nigeria are: Niger ($1.16k), Ireland ($70), South Africa ($45), Canada ($25), and Belgium ($23).

The fastest growing export markets for Wood Stakes of Nigeria between 2021 and 2022 were Niger ($1.16k), Ireland ($70), and Canada ($25).

Imports In 2022, Nigeria imported $53.8k in Wood Stakes, becoming the 112th largest importer of Wood Stakes in the world. At the same year, Wood Stakes was the 1064th most imported product in Nigeria. Nigeria imports Wood Stakes primarily from: Germany ($53.7k), United Kingdom ($59), and India ($5).

The fastest growing import markets in Wood Stakes for Nigeria between 2021 and 2022 were Germany ($53.7k) and United Kingdom ($59).

Latest Trends

Nov 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 Wood Stakes. 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)$1.33k
IMPORTS (2022)$53.8k
NET TRADE (2022)-$52.5k

In 2022, Nigeria exported $1.33k in Wood Stakes. The main destinations of Nigeria exports on Wood Stakes were Niger ($1.16k), Ireland ($70), South Africa ($45), Canada ($25), and Belgium ($23).

In 2022, Nigeria imported $53.8k in Wood Stakes, mainly from Germany ($53.7k), United Kingdom ($59), and India ($5).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Wood Stakes EXPORT MARKETS FOR Nigeria WERE (2021 - 2022):
Niger$1.16k (1%)
Ireland$70 (1%)
Canada$25 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wood Stakes BY Nigeria WERE (2021 - 2022):
Netherlands-$216 (-100%)
South Africa-$128 (-74%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Nigeria's main exporting competitors in Wood Stakes were:
In 2022, Nigeria's main importing competitors in Wood Stakes were:

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Trade Value of Wood Stakes by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $569
TOP IMPORT POTENTIALPoland+ $787

Wood Stakes’s highest export potential is United States. With an export gap of $569.   Wood Stakes’s highest import potential is Poland with an import gap of $787.

See methodology.

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