2022
Exports
$87.5kWorld Rnk 68 / 129
Flag Rnk 438 / 1077
2022
PRODUCT COMPLEXITY IN Bulbs and Roots
-0.42Rnk 678 / 1025
2022
Imports
$44.8kWorld Rnk 116 / 177
Flag Rnk 1072 / 1182
2022
ECONOMIC COMPLEXITY of Nigeria
-1.67Rnk 127 / 133

About

Exports In 2022, Nigeria exported $87.5k in Bulbs and Roots, making it the 68th largest exporter of Bulbs and Roots in the world. At the same year, Bulbs and Roots was the 438th most exported product in Nigeria. The main destination of Bulbs and Roots exports from Nigeria are: Kuwait ($55.8k), Denmark ($19.6k), Germany ($7.33k), Netherlands ($4.38k), and Canada ($231).

The fastest growing export markets for Bulbs and Roots of Nigeria between 2021 and 2022 were Kuwait ($55.6k), Germany ($2.61k), and Denmark ($1.35k).

Imports In 2022, Nigeria imported $44.8k in Bulbs and Roots, becoming the 116th largest importer of Bulbs and Roots in the world. At the same year, Bulbs and Roots was the 1072nd most imported product in Nigeria. Nigeria imports Bulbs and Roots primarily from: China ($32.5k), United Kingdom ($6.24k), Netherlands ($6.09k), and Japan ($10).

The fastest growing import markets in Bulbs and Roots for Nigeria between 2021 and 2022 were China ($32.5k), United Kingdom ($6.24k), and Netherlands ($687).

Latest Trends

Jul 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 Bulbs and Roots. 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)$87.5k
IMPORTS (2022)$44.8k
NET TRADE (2022)$42.7k

In 2022, Nigeria exported $87.5k in Bulbs and Roots. The main destinations of Nigeria exports on Bulbs and Roots were Kuwait ($55.8k), Denmark ($19.6k), Germany ($7.33k), Netherlands ($4.38k), and Canada ($231).

In 2022, Nigeria imported $44.8k in Bulbs and Roots, mainly from China ($32.5k), United Kingdom ($6.24k), Netherlands ($6.09k), and Japan ($10).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Bulbs and Roots EXPORT MARKETS FOR Nigeria WERE (2021 - 2022):
Kuwait$55.6k (22.9k%)
Germany$2.61k (55.2%)
Denmark$1.35k (7.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Bulbs and Roots BY Nigeria WERE (2021 - 2022):
China-$13.7k (-100%)
United States-$6.71k (-100%)
Netherlands-$4.45k (-50.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Nigeria's main exporting competitors in Bulbs and Roots were:
In 2022, Nigeria's main importing competitors in Bulbs and Roots were:

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Trade Value of Bulbs and Roots by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $15.9k
TOP IMPORT POTENTIALNetherlands+ $14.8k

Bulbs and Roots’s highest export potential is Germany. With an export gap of $15.9k.   Bulbs and Roots’s highest import potential is Netherlands with an import gap of $14.8k.

See methodology.

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