2023
Exports
$4.3kWorld Rnk 79 / 113
Flag Rnk 798 / 1096
2023
PRODUCT COMPLEXITY IN Linseed
-0.87Rnk 800 / 1025
2023
Imports
$6.23kWorld Rnk 132 / 187
Flag Rnk 1145 / 1184
2023
ECONOMIC COMPLEXITY of Nigeria
-1.75Rnk 129 / 132

About

Exports In 2023, Nigeria exported $4.3k in Linseed, making it the 79th largest exporter of Linseed in the world. At the same year, Linseed was the 798th most exported product in Nigeria. The main destination of Linseed exports from Nigeria are: United States ($4.26k), Netherlands ($19), Ireland ($15), and Canada ($11).

The fastest growing export markets for Linseed of Nigeria between 2022 and 2023 were United States ($4.26k), Netherlands ($19), and Canada ($11).

Imports In 2023, Nigeria imported $6.23k in Linseed, becoming the 132nd largest importer of Linseed in the world. At the same year, Linseed was the 1145th most imported product in Nigeria. Nigeria imports Linseed primarily from: India ($4.95k), United Kingdom ($1.02k), United Arab Emirates ($248), and South Africa ($16).

The fastest growing import markets in Linseed for Nigeria between 2022 and 2023 were India ($1.24k), United Kingdom ($1.02k), and South Africa ($16).

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 Linseed. 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)$4.3k
IMPORTS (2023)$6.23k
NET TRADE (2023)-$1.93k

In 2023, Nigeria exported $4.3k in Linseed. The main destinations of Nigeria exports on Linseed were United States ($4.26k), Netherlands ($19), Ireland ($15), and Canada ($11).

In 2023, Nigeria imported $6.23k in Linseed, mainly from India ($4.95k), United Kingdom ($1.02k), United Arab Emirates ($248), and South Africa ($16).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Linseed EXPORT MARKETS FOR Nigeria WERE (2022 - 2023):
United States$4.26k (1%)
Netherlands$19 (1%)
Canada$11 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Linseed BY Nigeria WERE (2022 - 2023):Ireland-$126 (-89.4%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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

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Trade Value of Linseed by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $614
TOP IMPORT POTENTIALIndia+ $4.54k

Linseed’s highest export potential is United States. With an export gap of $614.   Linseed’s highest import potential is India with an import gap of $4.54k.

See methodology.

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