2022
Exports
$5.88kWorld Rnk 125 / 185
Flag Rnk 761 / 1077
2022
PRODUCT COMPLEXITY IN Knit Gloves
-0.99Rnk 839 / 1025
2022
Imports
$7.53MWorld Rnk 64 / 218
Flag Rnk 514 / 1182
2022
ECONOMIC COMPLEXITY of Nigeria
-1.67Rnk 127 / 133

About

Exports In 2022, Nigeria exported $5.88k in Knit Gloves, making it the 125th largest exporter of Knit Gloves in the world. At the same year, Knit Gloves was the 761st most exported product in Nigeria. The main destination of Knit Gloves exports from Nigeria are: Benin ($4.57k), Angola ($983), Niger ($122), Mozambique ($84), and South Africa ($45).

The fastest growing export markets for Knit Gloves of Nigeria between 2021 and 2022 were Benin ($3.67k), Angola ($983), and Mozambique ($84).

Imports In 2022, Nigeria imported $7.53M in Knit Gloves, becoming the 64th largest importer of Knit Gloves in the world. At the same year, Knit Gloves was the 514th most imported product in Nigeria. Nigeria imports Knit Gloves primarily from: China ($5.88M), Netherlands ($402k), Pakistan ($202k), Thailand ($197k), and Vietnam ($174k).

The fastest growing import markets in Knit Gloves for Nigeria between 2021 and 2022 were China ($2.4M), Netherlands ($289k), and Pakistan ($164k).

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 Knit Gloves. 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)$5.88k
IMPORTS (2022)$7.53M
NET TRADE (2022)-$7.53M

In 2022, Nigeria exported $5.88k in Knit Gloves. The main destinations of Nigeria exports on Knit Gloves were Benin ($4.57k), Angola ($983), Niger ($122), Mozambique ($84), and South Africa ($45).

In 2022, Nigeria imported $7.53M in Knit Gloves, mainly from China ($5.88M), Netherlands ($402k), Pakistan ($202k), Thailand ($197k), and Vietnam ($174k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Knit Gloves EXPORT MARKETS FOR Nigeria WERE (2021 - 2022):
Benin$3.67k (410%)
Angola$983 (1%)
Mozambique$84 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knit Gloves BY Nigeria WERE (2021 - 2022):
Cameroon-$269 (-100%)
Czechia-$235 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Nigeria's main exporting competitors in Knit Gloves were:
In 2022, Nigeria's main importing competitors in Knit Gloves were:

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Trade Value of Knit Gloves by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.19k
TOP IMPORT POTENTIALChina+ $2.17M

Knit Gloves’s highest export potential is United States. With an export gap of $1.19k.   Knit Gloves’s highest import potential is China with an import gap of $2.17M.

See methodology.

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