2022
Exports
$3.79MWorld Rnk 67 / 170
Flag Rnk 106 / 1077
2022
PRODUCT COMPLEXITY IN Metal Stoppers
0.12Rnk 513 / 1025
2022
Imports
$55.2MWorld Rnk 45 / 215
Flag Rnk 178 / 1182
2022
ECONOMIC COMPLEXITY of Nigeria
-1.67Rnk 127 / 133

About

Exports In 2022, Nigeria exported $3.79M in Metal Stoppers, making it the 67th largest exporter of Metal Stoppers in the world. At the same year, Metal Stoppers was the 106th most exported product in Nigeria. The main destination of Metal Stoppers exports from Nigeria are: Cameroon ($1.96M), Togo ($807k), Ghana ($702k), Benin ($140k), and Guinea ($136k).

The fastest growing export markets for Metal Stoppers of Nigeria between 2021 and 2022 were Cameroon ($1.92M), Ghana ($417k), and Togo ($254k).

Imports In 2022, Nigeria imported $55.2M in Metal Stoppers, becoming the 45th largest importer of Metal Stoppers in the world. At the same year, Metal Stoppers was the 178th most imported product in Nigeria. Nigeria imports Metal Stoppers primarily from: South Africa ($22.2M), China ($15.8M), Saudi Arabia ($9.23M), Singapore ($2.42M), and India ($2.15M).

The fastest growing import markets in Metal Stoppers for Nigeria between 2021 and 2022 were South Africa ($8.79M), China ($6.77M), and Saudi Arabia ($1.52M).

Latest Trends

Nov 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 Metal Stoppers. 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)$3.79M
IMPORTS (2022)$55.2M
NET TRADE (2022)-$51.4M

In 2022, Nigeria exported $3.79M in Metal Stoppers. The main destinations of Nigeria exports on Metal Stoppers were Cameroon ($1.96M), Togo ($807k), Ghana ($702k), Benin ($140k), and Guinea ($136k).

In 2022, Nigeria imported $55.2M in Metal Stoppers, mainly from South Africa ($22.2M), China ($15.8M), Saudi Arabia ($9.23M), Singapore ($2.42M), and India ($2.15M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Metal Stoppers EXPORT MARKETS FOR Nigeria WERE (2021 - 2022):
Cameroon$1.92M (5.66k%)
Ghana$417k (146%)
Togo$254k (46%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Metal Stoppers BY Nigeria WERE (2021 - 2022):
Singapore-$1.57k (-100%)
Cote d'Ivoire-$1.36k (-100%)
Thailand-$152 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Nigeria's main exporting competitors in Metal Stoppers were:
China $1.38B
Italy $857M
In 2022, Nigeria's main importing competitors in Metal Stoppers were:

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Trade Value of Metal Stoppers by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALBenin+ $150k
TOP IMPORT POTENTIALChina+ $3.61M

Metal Stoppers’s highest export potential is Benin. With an export gap of $150k.   Metal Stoppers’s highest import potential is China with an import gap of $3.61M.

See methodology.

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