2023
Exports
$749kWorld Rnk 122 / 224
Flag Rnk 221 / 1096
2023
PRODUCT COMPLEXITY IN Centrifuges
1.22Rnk 101 / 1025
2023
Imports
$160MWorld Rnk 62 / 225
Flag Rnk 66 / 1184
2023
ECONOMIC COMPLEXITY of Nigeria
-1.75Rnk 129 / 132

About

Exports In 2023, Nigeria exported $749k in Centrifuges, making it the 122nd largest exporter of Centrifuges in the world. At the same year, Centrifuges was the 221st most exported product in Nigeria. The main destination of Centrifuges exports from Nigeria are: Canada ($181k), Ghana ($165k), Angola ($76.2k), Uganda ($52.7k), and Germany ($35.9k).

The fastest growing export markets for Centrifuges of Nigeria between 2022 and 2023 were Canada ($141k), Ghana ($136k), and Uganda ($50.2k).

Imports In 2023, Nigeria imported $160M in Centrifuges, becoming the 62nd largest importer of Centrifuges in the world. At the same year, Centrifuges was the 66th most imported product in Nigeria. Nigeria imports Centrifuges primarily from: China ($68.8M), Germany ($12.7M), United States ($11.4M), Italy ($10.5M), and India ($9.64M).

The fastest growing import markets in Centrifuges for Nigeria between 2022 and 2023 were Germany ($2.27M), South Africa ($1.55M), and Belgium ($952k).

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 Centrifuges. 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)$749k
IMPORTS (2023)$160M
NET TRADE (2023)-$159M

In 2023, Nigeria exported $749k in Centrifuges. The main destinations of Nigeria exports on Centrifuges were Canada ($181k), Ghana ($165k), Angola ($76.2k), Uganda ($52.7k), and Germany ($35.9k).

In 2023, Nigeria imported $160M in Centrifuges, mainly from China ($68.8M), Germany ($12.7M), United States ($11.4M), Italy ($10.5M), and India ($9.64M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Centrifuges EXPORT MARKETS FOR Nigeria WERE (2022 - 2023):
Canada$141k (359%)
Ghana$136k (462%)
Uganda$50.2k (2.02k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Centrifuges BY Nigeria WERE (2022 - 2023):
Mali-$681k (-100%)
Angola-$95.9k (-55.7%)
Tanzania-$24.6k (-58.4%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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

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Trade Value of Centrifuges by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALCanada+ $112k
TOP IMPORT POTENTIALChina+ $24.5M

Centrifuges’s highest export potential is Canada. With an export gap of $112k.   Centrifuges’s highest import potential is China with an import gap of $24.5M.

See methodology.

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