2023
Exports
$14.4MWorld Rnk 88 / 204
Flag Rnk 59 / 1096
2023
PRODUCT COMPLEXITY IN Flavored Water
-0.42Rnk 671 / 1025
2023
Imports
$41.1MWorld Rnk 95 / 226
Flag Rnk 204 / 1184
2023
ECONOMIC COMPLEXITY of Nigeria
-1.75Rnk 129 / 132

About

Exports In 2023, Nigeria exported $14.4M in Flavored Water, making it the 88th largest exporter of Flavored Water in the world. At the same year, Flavored Water was the 59th most exported product in Nigeria. The main destination of Flavored Water exports from Nigeria are: Ghana ($6.99M), United Kingdom ($1.88M), Benin ($1.84M), United States ($864k), and Italy ($730k).

The fastest growing export markets for Flavored Water of Nigeria between 2022 and 2023 were Ghana ($6.43M), Benin ($951k), and United Kingdom ($512k).

Imports In 2023, Nigeria imported $41.1M in Flavored Water, becoming the 95th largest importer of Flavored Water in the world. At the same year, Flavored Water was the 204th most imported product in Nigeria. Nigeria imports Flavored Water primarily from: Indonesia ($10.1M), Thailand ($7.53M), United Arab Emirates ($6.34M), Austria ($5.85M), and Spain ($3.46M).

The fastest growing import markets in Flavored Water for Nigeria between 2022 and 2023 were United Arab Emirates ($5.53M), Thailand ($1.26M), and Indonesia ($1.19M).

Latest Trends

Jan 2025

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 (2023)$14.4M
IMPORTS (2023)$41.1M
NET TRADE (2023)-$26.7M

In 2023, Nigeria exported $14.4M in Flavored Water. The main destinations of Nigeria exports on Flavored Water were Ghana ($6.99M), United Kingdom ($1.88M), Benin ($1.84M), United States ($864k), and Italy ($730k).

In 2023, Nigeria imported $41.1M in Flavored Water, mainly from Indonesia ($10.1M), Thailand ($7.53M), United Arab Emirates ($6.34M), Austria ($5.85M), and Spain ($3.46M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Flavored Water EXPORT MARKETS FOR Nigeria WERE (2022 - 2023):
Ghana$6.43M (1.15k%)
Benin$951k (107%)
United Kingdom$512k (37.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Flavored Water BY Nigeria WERE (2022 - 2023):
Sierra Leone-$137k (-100%)
Equatorial Guinea-$58.1k (-87.6%)
Liberia-$56.7k (-96.2%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Nigeria's main exporting competitors in Flavored Water were:
In 2023, Nigeria's main importing competitors in Flavored Water were:

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Trade Value of Flavored Water by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.24M
TOP IMPORT POTENTIALAustria+ $2.59M

Flavored Water’s highest export potential is United States. With an export gap of $1.24M.   Flavored Water’s highest import potential is Austria with an import gap of $2.59M.

See methodology.

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