2023
Exports
$2.46MWorld Rnk 89 / 196
Flag Rnk 136 / 1096
2023
PRODUCT COMPLEXITY IN Confectionery Sugar
-0.6Rnk 734 / 1025
2023
Imports
$26.8MWorld Rnk 86 / 226
Flag Rnk 270 / 1184
2023
ECONOMIC COMPLEXITY of Nigeria
-1.75Rnk 129 / 132

About

Exports In 2023, Nigeria exported $2.46M in Confectionery Sugar, making it the 89th largest exporter of Confectionery Sugar in the world. At the same year, Confectionery Sugar was the 136th most exported product in Nigeria. The main destination of Confectionery Sugar exports from Nigeria are: Senegal ($1.02M), Ghana ($729k), Cote d'Ivoire ($311k), Togo ($182k), and Niger ($148k).

The fastest growing export markets for Confectionery Sugar of Nigeria between 2022 and 2023 were Senegal ($1M), Cote d'Ivoire ($264k), and Togo ($108k).

Imports In 2023, Nigeria imported $26.8M in Confectionery Sugar, becoming the 86th largest importer of Confectionery Sugar in the world. At the same year, Confectionery Sugar was the 270th most imported product in Nigeria. Nigeria imports Confectionery Sugar primarily from: China ($7.95M), India ($7.46M), Vietnam ($2.8M), Colombia ($1.95M), and Turkey ($1.36M).

The fastest growing import markets in Confectionery Sugar for Nigeria between 2022 and 2023 were China ($1.81M), Vietnam ($1.38M), and India ($910k).

Latest Trends

Dec 2024

Subnational Monthly Trade

View
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 Confectionery Sugar. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

Explore Latest Trends

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2023)$2.46M
IMPORTS (2023)$26.8M
NET TRADE (2023)-$24.4M

In 2023, Nigeria exported $2.46M in Confectionery Sugar. The main destinations of Nigeria exports on Confectionery Sugar were Senegal ($1.02M), Ghana ($729k), Cote d'Ivoire ($311k), Togo ($182k), and Niger ($148k).

In 2023, Nigeria imported $26.8M in Confectionery Sugar, mainly from China ($7.95M), India ($7.46M), Vietnam ($2.8M), Colombia ($1.95M), and Turkey ($1.36M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Confectionery Sugar EXPORT MARKETS FOR Nigeria WERE (2022 - 2023):
Senegal$1M (7.39k%)
Cote d'Ivoire$264k (562%)
Togo$108k (145%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Confectionery Sugar BY Nigeria WERE (2022 - 2023):
Ghana-$1.33M (-64.5%)
Qatar-$36k (-100%)
United States-$20.4k (-63%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Nigeria's main exporting competitors in Confectionery Sugar were:
Germany $1.97B
China $1.5B
Mexico $1.36B
In 2023, Nigeria's main importing competitors in Confectionery Sugar were:

Explore Visualizations

Trade Value of Confectionery Sugar by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $192k
TOP IMPORT POTENTIALChina+ $3.03M

Confectionery Sugar’s highest export potential is United States. With an export gap of $192k.   Confectionery Sugar’s highest import potential is China with an import gap of $3.03M.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with