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Exports In 2022, Nigeria exported $1.27M in Cereal foods obtained by swelling, roasting of cereal, making it the 84th largest exporter of Cereal foods obtained by swelling, roasting of cereal in the world. At the same year, Cereal foods obtained by swelling, roasting of cereal was the 211th most exported product in Nigeria. The main destination of Cereal foods obtained by swelling, roasting of cereal exports from Nigeria are: Cote d'Ivoire ($958k), Senegal ($84.6k), Netherlands ($62.2k), Ghana ($45.6k), and United Kingdom ($36.1k).

The fastest growing export markets for Cereal foods obtained by swelling, roasting of cereal of Nigeria between 2021 and 2022 were Senegal ($63.5k), Ghana ($22.2k), and United Kingdom ($20.1k).

Imports In 2022, Nigeria imported $8.39M in Cereal foods obtained by swelling, roasting of cereal, becoming the 84th largest importer of Cereal foods obtained by swelling, roasting of cereal in the world. At the same year, Cereal foods obtained by swelling, roasting of cereal was the 820th most imported product in Nigeria. Nigeria imports Cereal foods obtained by swelling, roasting of cereal primarily from: United Kingdom ($3.72M), Ghana ($2.49M), Egypt ($447k), Portugal ($369k), and China ($292k).

The fastest growing import markets in Cereal foods obtained by swelling, roasting of cereal for Nigeria between 2021 and 2022 were Ghana ($2.49M), Egypt ($349k), and Spain ($211k).

COMPANIES In 2023, leading companies such as RHI Magnesita (6), Ford Motor Company (2), and Barry Callebaut (2) were at the forefront of shipping Cereal foods obtained by swelling, roasting of cereal from Nigeria to the United States.

Latest Trends

Jul 2024

Subnational Monthly Trade

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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 Cereal foods obtained by swelling, roasting of cereal. 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)$1.27M
IMPORTS (2022)$8.39M
NET TRADE (2022)-$7.13M

In 2022, Nigeria exported $1.27M in Cereal foods obtained by swelling, roasting of cereal. The main destinations of Nigeria exports on Cereal foods obtained by swelling, roasting of cereal were Cote d'Ivoire ($958k), Senegal ($84.6k), Netherlands ($62.2k), Ghana ($45.6k), and United Kingdom ($36.1k).

In 2022, Nigeria imported $8.39M in Cereal foods obtained by swelling, roasting of cereal, mainly from United Kingdom ($3.72M), Ghana ($2.49M), Egypt ($447k), Portugal ($369k), and China ($292k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cereal foods obtained by swelling, roasting of cereal EXPORT MARKETS FOR Nigeria WERE (2021 - 2022):
Senegal$63.5k (300%)
Ghana$22.2k (94.8%)
United Kingdom$20.1k (125%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cereal foods obtained by swelling, roasting of cereal BY Nigeria WERE (2021 - 2022):
United Arab Emirates-$185k (-99.4%)
Saudi Arabia-$92.9k (-100%)
Benin-$71.5k (-75.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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In 2022, Nigeria's main exporting competitors in Cereal foods obtained by swelling, roasting of cereal were:
In 2022, Nigeria's main importing competitors in Cereal foods obtained by swelling, roasting of cereal were:

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Trade Value of Cereal foods obtained by swelling, roasting of cereal by Exporters

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