2023
Exports
$545kWorld Rnk 96 / 211
Flag Rnk 249 / 1096
2023
PRODUCT COMPLEXITY IN Iron Pipe Fittings
1.13Rnk 134 / 1025
2023
Imports
$58.5MWorld Rnk 55 / 225
Flag Rnk 155 / 1184
2023
ECONOMIC COMPLEXITY of Nigeria
-1.75Rnk 129 / 132

About

Exports In 2023, Nigeria exported $545k in Iron Pipe Fittings, making it the 96th largest exporter of Iron Pipe Fittings in the world. At the same year, Iron Pipe Fittings was the 249th most exported product in Nigeria. The main destination of Iron Pipe Fittings exports from Nigeria are: France ($399k), United Kingdom ($49.8k), Ghana ($18.7k), Angola ($16.7k), and Cote d'Ivoire ($13k).

The fastest growing export markets for Iron Pipe Fittings of Nigeria between 2022 and 2023 were France ($399k), United Kingdom ($48.7k), and Thailand ($11.2k).

Imports In 2023, Nigeria imported $58.5M in Iron Pipe Fittings, becoming the 55th largest importer of Iron Pipe Fittings in the world. At the same year, Iron Pipe Fittings was the 155th most imported product in Nigeria. Nigeria imports Iron Pipe Fittings primarily from: China ($24.2M), Italy ($9.61M), United States ($5.42M), India ($2.88M), and South Korea ($2.54M).

The fastest growing import markets in Iron Pipe Fittings for Nigeria between 2022 and 2023 were Italy ($4.11M), United States ($2.16M), and Singapore ($1.27M).

Latest Trends

Dec 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 Iron Pipe Fittings. 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)$545k
IMPORTS (2023)$58.5M
NET TRADE (2023)-$57.9M

In 2023, Nigeria exported $545k in Iron Pipe Fittings. The main destinations of Nigeria exports on Iron Pipe Fittings were France ($399k), United Kingdom ($49.8k), Ghana ($18.7k), Angola ($16.7k), and Cote d'Ivoire ($13k).

In 2023, Nigeria imported $58.5M in Iron Pipe Fittings, mainly from China ($24.2M), Italy ($9.61M), United States ($5.42M), India ($2.88M), and South Korea ($2.54M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Iron Pipe Fittings EXPORT MARKETS FOR Nigeria WERE (2022 - 2023):
France$399k (1%)
United Kingdom$48.7k (4.41k%)
Thailand$11.2k (3.03k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Pipe Fittings BY Nigeria WERE (2022 - 2023):
Cote d'Ivoire-$675k (-98.1%)
Tanzania-$89.9k (-100%)
Ghana-$46.1k (-71.2%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Nigeria's main exporting competitors in Iron Pipe Fittings were:
In 2023, Nigeria's main importing competitors in Iron Pipe Fittings were:

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Trade Value of Iron Pipe Fittings by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALNetherlands+ $44.4k
TOP IMPORT POTENTIALChina+ $10.4M

Iron Pipe Fittings’s highest export potential is Netherlands. With an export gap of $44.4k.   Iron Pipe Fittings’s highest import potential is China with an import gap of $10.4M.

See methodology.

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