2022
Exports
$25.9kWorld Rnk 114 / 195
Flag Rnk 580 / 1077
2022
PRODUCT COMPLEXITY IN Bells and Other Metal Ornaments
-0.11Rnk 584 / 1025
2022
Imports
$15.4MWorld Rnk 32 / 220
Flag Rnk 386 / 1182
2022
ECONOMIC COMPLEXITY of Nigeria
-1.67Rnk 127 / 133

About

Exports In 2022, Nigeria exported $25.9k in Bells and Other Metal Ornaments, making it the 114th largest exporter of Bells and Other Metal Ornaments in the world. At the same year, Bells and Other Metal Ornaments was the 580th most exported product in Nigeria. The main destination of Bells and Other Metal Ornaments exports from Nigeria are: United Arab Emirates ($4.29k), United Kingdom ($3.36k), Kenya ($2.49k), Morocco ($2.47k), and Ireland ($2.11k).

The fastest growing export markets for Bells and Other Metal Ornaments of Nigeria between 2021 and 2022 were United Kingdom ($3.36k), United Arab Emirates ($2.63k), and Morocco ($2.47k).

Imports In 2022, Nigeria imported $15.4M in Bells and Other Metal Ornaments, becoming the 32nd largest importer of Bells and Other Metal Ornaments in the world. At the same year, Bells and Other Metal Ornaments was the 386th most imported product in Nigeria. Nigeria imports Bells and Other Metal Ornaments primarily from: China ($14.6M), India ($302k), Italy ($224k), Turkey ($58.4k), and United Kingdom ($50.5k).

The fastest growing import markets in Bells and Other Metal Ornaments for Nigeria between 2021 and 2022 were China ($3.7M), Italy ($137k), and Turkey ($16.6k).

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 Bells and Other Metal Ornaments. 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)$25.9k
IMPORTS (2022)$15.4M
NET TRADE (2022)-$15.4M

In 2022, Nigeria exported $25.9k in Bells and Other Metal Ornaments. The main destinations of Nigeria exports on Bells and Other Metal Ornaments were United Arab Emirates ($4.29k), United Kingdom ($3.36k), Kenya ($2.49k), Morocco ($2.47k), and Ireland ($2.11k).

In 2022, Nigeria imported $15.4M in Bells and Other Metal Ornaments, mainly from China ($14.6M), India ($302k), Italy ($224k), Turkey ($58.4k), and United Kingdom ($50.5k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Bells and Other Metal Ornaments EXPORT MARKETS FOR Nigeria WERE (2021 - 2022):
United Kingdom$3.36k (1%)
Morocco$2.47k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Bells and Other Metal Ornaments BY Nigeria WERE (2021 - 2022):
Cote d'Ivoire-$10.9k (-100%)
United States-$8k (-100%)
Tanzania-$3.46k (-84.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Nigeria's main exporting competitors in Bells and Other Metal Ornaments were:
China $2.17B
India $166M
In 2022, Nigeria's main importing competitors in Bells and Other Metal Ornaments were:

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Trade Value of Bells and Other Metal Ornaments by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited Kingdom+ $6.19k
TOP IMPORT POTENTIALChina+ $966k

Bells and Other Metal Ornaments’s highest export potential is United Kingdom. With an export gap of $6.19k.   Bells and Other Metal Ornaments’s highest import potential is China with an import gap of $966k.

See methodology.

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