2022
Exports
$48World Rnk 78 / 82
Flag Rnk 1037 / 1077
2022
Imports
$62.3kWorld Rnk 65 / 154
Flag Rnk 1053 / 1182
2022
ECONOMIC COMPLEXITY of Nigeria
-1.67Rnk 127 / 133

About

Exports In 2022, Nigeria exported $48 in Flax Yarn, making it the 78th largest exporter of Flax Yarn in the world. At the same year, Flax Yarn was the 1037th most exported product in Nigeria. The main destination of Flax Yarn exports from Nigeria are: Ireland ($48).

The fastest growing export markets for Flax Yarn of Nigeria between N/A and 2022 were Ireland ($48).

Imports In 2022, Nigeria imported $62.3k in Flax Yarn, becoming the 65th largest importer of Flax Yarn in the world. At the same year, Flax Yarn was the 1053rd most imported product in Nigeria. Nigeria imports Flax Yarn primarily from: United Kingdom ($21.8k), China ($20.9k), Italy ($14.9k), Malaysia ($3.32k), and Germany ($633).

The fastest growing import markets in Flax Yarn for Nigeria between 2021 and 2022 were United Kingdom ($21.8k), China ($20.5k), and Italy ($14.9k).

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 Flax Yarn. 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)$48
IMPORTS (2022)$62.3k
NET TRADE (2022)-$62.2k

In 2022, Nigeria exported $48 in Flax Yarn. The main destinations of Nigeria exports on Flax Yarn were Ireland ($48).

In 2022, Nigeria imported $62.3k in Flax Yarn, mainly from United Kingdom ($21.8k), China ($20.9k), Italy ($14.9k), Malaysia ($3.32k), and Germany ($633).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Flax Yarn EXPORT MARKETS FOR Nigeria WERE (N/A - 2022):Ireland$48 (1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Nigeria's main exporting competitors in Flax Yarn were:
China $312M
Italy $58.4M
Poland $39.1M
In 2022, Nigeria's main importing competitors in Flax Yarn were:
Italy $141M
India $64.6M
Turkey $55.7M

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Trade Value of Flax Yarn by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $385
TOP IMPORT POTENTIALChina+ $28.5k

Flax Yarn’s highest export potential is India. With an export gap of $385.   Flax Yarn’s highest import potential is China with an import gap of $28.5k.

See methodology.

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