2022
Exports
$131kWorld Rnk 68 / 144
Flag Rnk 387 / 1077
2022
PRODUCT COMPLEXITY IN Copper Housewares
0.61Rnk 313 / 1025
2022
Imports
$2.28MWorld Rnk 58 / 212
Flag Rnk 709 / 1182
2022
ECONOMIC COMPLEXITY of Nigeria
-1.67Rnk 127 / 133

About

Exports In 2022, Nigeria exported $131k in Copper Housewares, making it the 68th largest exporter of Copper Housewares in the world. At the same year, Copper Housewares was the 387th most exported product in Nigeria. The main destination of Copper Housewares exports from Nigeria are: United States ($126k), Malawi ($3.18k), Belgium ($842), Benin ($298), and Ireland ($192).

The fastest growing export markets for Copper Housewares of Nigeria between 2021 and 2022 were United States ($126k), Malawi ($3.18k), and Belgium ($842).

Imports In 2022, Nigeria imported $2.28M in Copper Housewares, becoming the 58th largest importer of Copper Housewares in the world. At the same year, Copper Housewares was the 709th most imported product in Nigeria. Nigeria imports Copper Housewares primarily from: China ($757k), Italy ($238k), Germany ($196k), United States ($193k), and France ($164k).

The fastest growing import markets in Copper Housewares for Nigeria between 2021 and 2022 were China ($508k), France ($130k), and United Kingdom ($110k).

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 Copper Housewares. 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)$131k
IMPORTS (2022)$2.28M
NET TRADE (2022)-$2.15M

In 2022, Nigeria exported $131k in Copper Housewares. The main destinations of Nigeria exports on Copper Housewares were United States ($126k), Malawi ($3.18k), Belgium ($842), Benin ($298), and Ireland ($192).

In 2022, Nigeria imported $2.28M in Copper Housewares, mainly from China ($757k), Italy ($238k), Germany ($196k), United States ($193k), and France ($164k).

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Export Destinations (NaN)

Import Origins (NaN)

Market Growth

Flow
THE FASTEST GROWING Copper Housewares EXPORT MARKETS FOR Nigeria WERE (2021 - 2022):
United States$126k (1%)
Malawi$3.18k (1%)
Belgium$842 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Copper Housewares BY Nigeria WERE (2021 - 2022):
United Kingdom-$1.31k (-100%)
Niger-$164 (-100%)
Angola-$130 (-100%)

Change in Exports by Market (undefined - undefined)

Market Concentration

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Flow
Type
In 2022, Nigeria's main exporting competitors in Copper Housewares were:
China $443M
India $62.9M
In 2022, Nigeria's main importing competitors in Copper Housewares were:

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Trade Value of Copper Housewares by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $76k
TOP IMPORT POTENTIALChina+ $436k

Copper Housewares’s highest export potential is United States. With an export gap of $76k.   Copper Housewares’s highest import potential is China with an import gap of $436k.

See methodology.

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