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2022
Exports $101World Rnk 90 / 95
Flag Rnk 1018 / 1077
2022
Destination $101 Niger
2021 - 2022
FASTEST GROWING MARKET $101Niger
2022
PRODUCT COMPLEXITY IN Non-Retail Artificial Filament Yarn0.45Rnk 388 / 1025
2022
Imports $5.98MWorld Rnk 29 / 168
Flag Rnk 554 / 1182
2022
Origin $1.7M United States
2021 - 2022
FASTEST GROWING ORIGIN $1.7MSwitzerland
2022
ECONOMIC COMPLEXITY of Nigeria-1.67Rnk 127 / 133

About

Exports In 2022, Nigeria exported $101 in Non-Retail Artificial Filament Yarn, making it the 90th largest exporter of Non-Retail Artificial Filament Yarn in the world. At the same year, Non-Retail Artificial Filament Yarn was the 1018th most exported product in Nigeria. The main destination of Non-Retail Artificial Filament Yarn exports from Nigeria are: Niger ($101).

The fastest growing export markets for Non-Retail Artificial Filament Yarn of Nigeria between 2021 and 2022 were Niger ($101).

Imports In 2022, Nigeria imported $5.98M in Non-Retail Artificial Filament Yarn, becoming the 29th largest importer of Non-Retail Artificial Filament Yarn in the world. At the same year, Non-Retail Artificial Filament Yarn was the 554th most imported product in Nigeria. Nigeria imports Non-Retail Artificial Filament Yarn primarily from: United States ($1.95M), Switzerland ($1.7M), India ($1.37M), China ($518k), and United Kingdom ($345k).

The fastest growing import markets in Non-Retail Artificial Filament Yarn for Nigeria between 2021 and 2022 were Switzerland ($1.7M) and India ($359k).

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 Non-Retail Artificial Filament 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)$101
IMPORTS (2022)$5.98M
NET TRADE (2022)-$5.98M

In 2022, Nigeria exported $101 in Non-Retail Artificial Filament Yarn. The main destinations of Nigeria exports on Non-Retail Artificial Filament Yarn were Niger ($101).

In 2022, Nigeria imported $5.98M in Non-Retail Artificial Filament Yarn, mainly from United States ($1.95M), Switzerland ($1.7M), India ($1.37M), China ($518k), and United Kingdom ($345k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Non-Retail Artificial Filament Yarn EXPORT MARKETS FOR Nigeria WERE (2021 - 2022):Niger$101 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Non-Retail Artificial Filament Yarn BY Nigeria WERE (2021 - 2022):Burkina Faso-$7.94k (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Nigeria's main exporting competitors in Non-Retail Artificial Filament Yarn were:
China $718M
United States $168M
Germany $129M
In 2022, Nigeria's main importing competitors in Non-Retail Artificial Filament Yarn were:
India $392M
Italy $130M
Pakistan $124M

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Trade Value of Non-Retail Artificial Filament Yarn by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $557
TOP IMPORT POTENTIALChina+ $599k

Non-Retail Artificial Filament Yarn’s highest export potential is India. With an export gap of $557.   Non-Retail Artificial Filament Yarn’s highest import potential is China with an import gap of $599k.

See methodology.

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