2022
Exports
$4.99MWorld Rnk 103 / 201
Flag Rnk 94 / 1077
2022
PRODUCT COMPLEXITY IN Flavored Water
-0.45Rnk 684 / 1025
2022
Imports
$50.2MWorld Rnk 82 / 225
Flag Rnk 189 / 1182
2022
ECONOMIC COMPLEXITY of Nigeria
-1.67Rnk 127 / 133

About

Exports In 2022, Nigeria exported $4.99M in Flavored Water, making it the 103rd largest exporter of Flavored Water in the world. At the same year, Flavored Water was the 94th most exported product in Nigeria. The main destination of Flavored Water exports from Nigeria are: United Kingdom ($1.36M), Benin ($795k), United States ($588k), Ghana ($419k), and Netherlands ($409k).

The fastest growing export markets for Flavored Water of Nigeria between 2021 and 2022 were Netherlands ($206k), United States ($170k), and Ghana ($137k).

Imports In 2022, Nigeria imported $50.2M in Flavored Water, becoming the 82nd largest importer of Flavored Water in the world. At the same year, Flavored Water was the 189th most imported product in Nigeria. Nigeria imports Flavored Water primarily from: Indonesia ($12.5M), Belgium ($11.7M), Austria ($8.13M), Thailand ($5.53M), and United Arab Emirates ($3.1M).

The fastest growing import markets in Flavored Water for Nigeria between 2021 and 2022 were Belgium ($3.28M), United Arab Emirates ($2.95M), and Spain ($1.92M).

Latest Trends

Mar 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 Flavored Water. 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)$4.99M
IMPORTS (2022)$50.2M
NET TRADE (2022)-$45.2M

In 2022, Nigeria exported $4.99M in Flavored Water. The main destinations of Nigeria exports on Flavored Water were United Kingdom ($1.36M), Benin ($795k), United States ($588k), Ghana ($419k), and Netherlands ($409k).

In 2022, Nigeria imported $50.2M in Flavored Water, mainly from Indonesia ($12.5M), Belgium ($11.7M), Austria ($8.13M), Thailand ($5.53M), and United Arab Emirates ($3.1M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Flavored Water EXPORT MARKETS FOR Nigeria WERE (2021 - 2022):
Netherlands$206k (101%)
United States$170k (40.7%)
Ghana$137k (48.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Flavored Water BY Nigeria WERE (2021 - 2022):
Togo-$278k (-80.5%)
Benin-$169k (-17.5%)
South Africa-$106k (-68.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Nigeria's main exporting competitors in Flavored Water were:
In 2022, Nigeria's main importing competitors in Flavored Water were:

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Trade Value of Flavored Water by Exporters

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