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Exports In 2022, Nigeria exported $5.79M in Cotton Waste, making it the 15th largest exporter of Cotton Waste in the world. At the same year, Cotton Waste was the 87th most exported product in Nigeria. The main destination of Cotton Waste exports from Nigeria are: Vietnam ($4.36M), India ($776k), Pakistan ($655k), and Niger ($223).

The fastest growing export markets for Cotton Waste of Nigeria between 2021 and 2022 were Vietnam ($4.36M), India ($738k), and Pakistan ($326k).

Imports In 2022, Nigeria imported $17.6k in Cotton Waste, becoming the 116th largest importer of Cotton Waste in the world. At the same year, Cotton Waste was the 1115th most imported product in Nigeria. Nigeria imports Cotton Waste primarily from: Benin ($6.41k), Norway ($5.72k), China ($2.12k), India ($1.82k), and Austria ($1.31k).

The fastest growing import markets in Cotton Waste for Nigeria between 2021 and 2022 were Benin ($6.41k), Norway ($5.72k), and Austria ($1.31k).

Latest Trends

Oct 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 Cotton Waste. 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)$5.79M
IMPORTS (2022)$17.6k
NET TRADE (2022)$5.77M

In 2022, Nigeria exported $5.79M in Cotton Waste. The main destinations of Nigeria exports on Cotton Waste were Vietnam ($4.36M), India ($776k), Pakistan ($655k), and Niger ($223).

In 2022, Nigeria imported $17.6k in Cotton Waste, mainly from Benin ($6.41k), Norway ($5.72k), China ($2.12k), India ($1.82k), and Austria ($1.31k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cotton Waste EXPORT MARKETS FOR Nigeria WERE (2021 - 2022):
Vietnam$4.36M (1%)
India$738k (1.98k%)
Pakistan$326k (99.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cotton Waste BY Nigeria WERE (2021 - 2022):
Portugal-$34.8k (-100%)
Niger-$936 (-80.8%)
Cameroon-$631 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Nigeria's main exporting competitors in Cotton Waste were:
Turkey $78.4M
India $61.5M
In 2022, Nigeria's main importing competitors in Cotton Waste were:
Germany $55.7M
Turkey $38.3M
France $33.5M

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Trade Value of Cotton Waste by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALIndia+ $444k
TOP IMPORT POTENTIALBenin+ $6.52k

Cotton Waste’s highest export potential is India. With an export gap of $444k.   Cotton Waste’s highest import potential is Benin with an import gap of $6.52k.

See methodology.

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