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2022
Exports $88World Rnk 130 / 149
Flag Rnk 1022 / 1077
2022
Destination $88 Netherlands
2021 - 2022
FASTEST GROWING MARKET $88Netherlands
2022
PRODUCT COMPLEXITY IN Coin0.26Rnk 468 / 1025
2022
Imports $97.9kWorld Rnk 86 / 155
Flag Rnk 1031 / 1182
2022
Origin $97.8k Germany
2021 - 2022
FASTEST GROWING ORIGIN $97.8kGermany
2022
ECONOMIC COMPLEXITY of Nigeria-1.67Rnk 127 / 133

About

Exports In 2022, Nigeria exported $88 in Coin, making it the 130th largest exporter of Coin in the world. At the same year, Coin was the 1022nd most exported product in Nigeria. The main destination of Coin exports from Nigeria are: Netherlands ($88).

The fastest growing export markets for Coin of Nigeria between 2021 and 2022 were Netherlands ($88).

Imports In 2022, Nigeria imported $97.9k in Coin, becoming the 86th largest importer of Coin in the world. At the same year, Coin was the 1031st most imported product in Nigeria. Nigeria imports Coin primarily from: Germany ($97.8k), South Korea ($50), and United Arab Emirates ($17).

The fastest growing import markets in Coin for Nigeria between 2021 and 2022 were Germany ($97.8k), South Korea ($50), and United Arab Emirates ($17).

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 Coin. 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)$88
IMPORTS (2022)$97.9k
NET TRADE (2022)-$97.8k

In 2022, Nigeria exported $88 in Coin. The main destinations of Nigeria exports on Coin were Netherlands ($88).

In 2022, Nigeria imported $97.9k in Coin, mainly from Germany ($97.8k), South Korea ($50), and United Arab Emirates ($17).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Coin EXPORT MARKETS FOR Nigeria WERE (2021 - 2022):Netherlands$88 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Coin BY Nigeria WERE (2021 - 2022):Peru-$385 (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Nigeria's main exporting competitors in Coin were:
United States $149M
United Kingdom $102M
Austria $87.3M
In 2022, Nigeria's main importing competitors in Coin were:
United States $214M
Germany $85M
Spain $66.4M

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Trade Value of Coin by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $529
TOP IMPORT POTENTIALGermany+ $11k

Coin’s highest export potential is United States. With an export gap of $529.   Coin’s highest import potential is Germany with an import gap of $11k.

See methodology.

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