2023
Exports
$11.2kWorld Rnk 82 / 117
Flag Rnk 704 / 1096
2023
PRODUCT COMPLEXITY IN Boiler Plants
0.9Rnk 205 / 1025
2023
Imports
$31.5MWorld Rnk 13 / 199
Flag Rnk 245 / 1184
2023
ECONOMIC COMPLEXITY of Nigeria
-1.75Rnk 129 / 132

About

Exports In 2023, Nigeria exported $11.2k in Boiler Plants, making it the 82nd largest exporter of Boiler Plants in the world. At the same year, Boiler Plants was the 704th most exported product in Nigeria. The main destination of Boiler Plants exports from Nigeria are: Netherlands ($7.71k), Ghana ($1.42k), Gambia ($1.03k), France ($557), and Angola ($306).

The fastest growing export markets for Boiler Plants of Nigeria between 2022 and 2023 were Netherlands ($7.71k), Ghana ($1.42k), and Gambia ($1.03k).

Imports In 2023, Nigeria imported $31.5M in Boiler Plants, becoming the 13th largest importer of Boiler Plants in the world. At the same year, Boiler Plants was the 245th most imported product in Nigeria. Nigeria imports Boiler Plants primarily from: United Arab Emirates ($24.2M), India ($3.25M), China ($1.92M), United States ($1.56M), and United Kingdom ($153k).

The fastest growing import markets in Boiler Plants for Nigeria between 2022 and 2023 were United Arab Emirates ($22M), India ($1.98M), and France ($60.3k).

Latest Trends

Jan 2025

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 Boiler Plants. 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 (2023)$11.2k
IMPORTS (2023)$31.5M
NET TRADE (2023)-$31.5M

In 2023, Nigeria exported $11.2k in Boiler Plants. The main destinations of Nigeria exports on Boiler Plants were Netherlands ($7.71k), Ghana ($1.42k), Gambia ($1.03k), France ($557), and Angola ($306).

In 2023, Nigeria imported $31.5M in Boiler Plants, mainly from United Arab Emirates ($24.2M), India ($3.25M), China ($1.92M), United States ($1.56M), and United Kingdom ($153k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Boiler Plants EXPORT MARKETS FOR Nigeria WERE (2022 - 2023):
Netherlands$7.71k (1%)
Ghana$1.42k (1%)
Gambia$1.03k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Boiler Plants BY Nigeria WERE (2022 - 2023):
Niger-$11 (-18%)
India-$2 (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Nigeria's main exporting competitors in Boiler Plants were:
In 2023, Nigeria's main importing competitors in Boiler Plants were:

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Trade Value of Boiler Plants by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $463
TOP IMPORT POTENTIALChina+ $1M

Boiler Plants’s highest export potential is United States. With an export gap of $463.   Boiler Plants’s highest import potential is China with an import gap of $1M.

See methodology.

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