2022
Exports
$326MWorld Rnk 10 / 175
Flag Rnk 8 / 1077
2022
PRODUCT COMPLEXITY IN Coconuts, Brazil Nuts, and Cashews
-2.44Rnk 1017 / 1025
2022
Imports
$1.87MWorld Rnk 106 / 212
Flag Rnk 736 / 1182
2022
ECONOMIC COMPLEXITY of Nigeria
-1.67Rnk 127 / 133

About

Exports In 2022, Nigeria exported $326M in Coconuts, Brazil Nuts, and Cashews, making it the 10th largest exporter of Coconuts, Brazil Nuts, and Cashews in the world. At the same year, Coconuts, Brazil Nuts, and Cashews was the 8th most exported product in Nigeria. The main destination of Coconuts, Brazil Nuts, and Cashews exports from Nigeria are: Vietnam ($171M), India ($117M), United States ($14.8M), Germany ($2.67M), and United Arab Emirates ($2.58M).

The fastest growing export markets for Coconuts, Brazil Nuts, and Cashews of Nigeria between 2021 and 2022 were India ($63.7M), United States ($5.43M), and Kuwait ($1.84M).

Imports In 2022, Nigeria imported $1.87M in Coconuts, Brazil Nuts, and Cashews, becoming the 106th largest importer of Coconuts, Brazil Nuts, and Cashews in the world. At the same year, Coconuts, Brazil Nuts, and Cashews was the 736th most imported product in Nigeria. Nigeria imports Coconuts, Brazil Nuts, and Cashews primarily from: United Kingdom ($732k), Niger ($412k), Ghana ($183k), United Arab Emirates ($173k), and Cote d'Ivoire ($163k).

The fastest growing import markets in Coconuts, Brazil Nuts, and Cashews for Nigeria between 2021 and 2022 were United Kingdom ($719k), Niger ($367k), and United Arab Emirates ($109k).

Latest Trends

Aug 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 Coconuts, Brazil Nuts, and Cashews. 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)$326M
IMPORTS (2022)$1.87M
NET TRADE (2022)$324M

In 2022, Nigeria exported $326M in Coconuts, Brazil Nuts, and Cashews. The main destinations of Nigeria exports on Coconuts, Brazil Nuts, and Cashews were Vietnam ($171M), India ($117M), United States ($14.8M), Germany ($2.67M), and United Arab Emirates ($2.58M).

In 2022, Nigeria imported $1.87M in Coconuts, Brazil Nuts, and Cashews, mainly from United Kingdom ($732k), Niger ($412k), Ghana ($183k), United Arab Emirates ($173k), and Cote d'Ivoire ($163k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Coconuts, Brazil Nuts, and Cashews EXPORT MARKETS FOR Nigeria WERE (2021 - 2022):
India$63.7M (119%)
United States$5.43M (57.8%)
Kuwait$1.84M (1.64k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Coconuts, Brazil Nuts, and Cashews BY Nigeria WERE (2021 - 2022):
Vietnam-$142M (-45.3%)
Belgium-$1.07M (-84.4%)
Malaysia-$809k (-99.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Nigeria's main exporting competitors in Coconuts, Brazil Nuts, and Cashews were:
In 2022, Nigeria's main importing competitors in Coconuts, Brazil Nuts, and Cashews were:

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Trade Value of Coconuts, Brazil Nuts, and Cashews by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $24.7M
TOP IMPORT POTENTIALGhana+ $300k

Coconuts, Brazil Nuts, and Cashews’s highest export potential is India. With an export gap of $24.7M.   Coconuts, Brazil Nuts, and Cashews’s highest import potential is Ghana with an import gap of $300k.

See methodology.

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