2022
Exports
$91.9kWorld Rnk 102 / 164
Flag Rnk 430 / 1077
2022
PRODUCT COMPLEXITY IN Acrylic Polymers
1.24Rnk 101 / 1025
2022
Imports
$104MWorld Rnk 45 / 213
Flag Rnk 113 / 1182
2022
ECONOMIC COMPLEXITY of Nigeria
-1.67Rnk 127 / 133

About

Exports In 2022, Nigeria exported $91.9k in Acrylic Polymers, making it the 102nd largest exporter of Acrylic Polymers in the world. At the same year, Acrylic Polymers was the 430th most exported product in Nigeria. The main destination of Acrylic Polymers exports from Nigeria are: Greece ($71.9k), Benin ($18.1k), Canada ($1.79k), Netherlands ($78), and Poland ($64).

The fastest growing export markets for Acrylic Polymers of Nigeria between 2021 and 2022 were Greece ($71.9k), Benin ($18.1k), and Canada ($1.79k).

Imports In 2022, Nigeria imported $104M in Acrylic Polymers, becoming the 45th largest importer of Acrylic Polymers in the world. At the same year, Acrylic Polymers was the 113th most imported product in Nigeria. Nigeria imports Acrylic Polymers primarily from: Turkey ($19.1M), South Korea ($16.9M), China ($12.2M), Indonesia ($11.3M), and Japan ($10.7M).

The fastest growing import markets in Acrylic Polymers for Nigeria between 2021 and 2022 were South Korea ($6.22M), Indonesia ($4.76M), and Malaysia ($3.43M).

Latest Trends

Oct 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 Acrylic Polymers. 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)$91.9k
IMPORTS (2022)$104M
NET TRADE (2022)-$103M

In 2022, Nigeria exported $91.9k in Acrylic Polymers. The main destinations of Nigeria exports on Acrylic Polymers were Greece ($71.9k), Benin ($18.1k), Canada ($1.79k), Netherlands ($78), and Poland ($64).

In 2022, Nigeria imported $104M in Acrylic Polymers, mainly from Turkey ($19.1M), South Korea ($16.9M), China ($12.2M), Indonesia ($11.3M), and Japan ($10.7M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Acrylic Polymers EXPORT MARKETS FOR Nigeria WERE (2021 - 2022):
Greece$71.9k (1%)
Benin$18.1k (1%)
Canada$1.79k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Acrylic Polymers BY Nigeria WERE (2021 - 2022):
Cambodia-$20.2k (-100%)
Vietnam-$12.6k (-100%)
South Africa-$7.53k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Nigeria's main exporting competitors in Acrylic Polymers were:
In 2022, Nigeria's main importing competitors in Acrylic Polymers were:

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Trade Value of Acrylic Polymers by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALGreece+ $16.1k
TOP IMPORT POTENTIALChina+ $6.17M

Acrylic Polymers’s highest export potential is Greece. With an export gap of $16.1k.   Acrylic Polymers’s highest import potential is China with an import gap of $6.17M.

See methodology.

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