2022
Exports
$7.49kWorld Rnk 134 / 177
Flag Rnk 732 / 1077
2022
PRODUCT COMPLEXITY IN Bandages
0.96Rnk 187 / 1025
2022
Imports
$10.3MWorld Rnk 76 / 221
Flag Rnk 461 / 1182
2022
ECONOMIC COMPLEXITY of Nigeria
-1.67Rnk 127 / 133

About

Exports In 2022, Nigeria exported $7.49k in Bandages, making it the 134th largest exporter of Bandages in the world. At the same year, Bandages was the 732nd most exported product in Nigeria. The main destination of Bandages exports from Nigeria are: Niger ($4.91k), Benin ($1.1k), France ($598), Mauritania ($404), and Sao Tome and Principe ($137).

The fastest growing export markets for Bandages of Nigeria between 2021 and 2022 were France ($519), Benin ($469), and Mauritania ($404).

Imports In 2022, Nigeria imported $10.3M in Bandages, becoming the 76th largest importer of Bandages in the world. At the same year, Bandages was the 461st most imported product in Nigeria. Nigeria imports Bandages primarily from: China ($8.76M), Hong Kong ($291k), Turkey ($203k), United Kingdom ($189k), and South Korea ($168k).

The fastest growing import markets in Bandages for Nigeria between 2021 and 2022 were Hong Kong ($126k), South Africa ($105k), and United Kingdom ($84.3k).

Latest Trends

Sep 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 Bandages. 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)$7.49k
IMPORTS (2022)$10.3M
NET TRADE (2022)-$10.3M

In 2022, Nigeria exported $7.49k in Bandages. The main destinations of Nigeria exports on Bandages were Niger ($4.91k), Benin ($1.1k), France ($598), Mauritania ($404), and Sao Tome and Principe ($137).

In 2022, Nigeria imported $10.3M in Bandages, mainly from China ($8.76M), Hong Kong ($291k), Turkey ($203k), United Kingdom ($189k), and South Korea ($168k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Bandages EXPORT MARKETS FOR Nigeria WERE (2021 - 2022):
France$519 (657%)
Benin$469 (74.8%)
Mauritania$404 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Bandages BY Nigeria WERE (2021 - 2022):
Senegal-$2.17k (-100%)
Republic of the Congo-$1.6k (-100%)
Niger-$711 (-12.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Bandages by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $3.01k
TOP IMPORT POTENTIALChina+ $2.62M

Bandages’s highest export potential is France. With an export gap of $3.01k.   Bandages’s highest import potential is China with an import gap of $2.62M.

See methodology.

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