2022
Exports
$1.97MWorld Rnk 64 / 134
Flag Rnk 133 / 1077
2022
PRODUCT COMPLEXITY IN Non-Retail Pure Cotton Yarn
-1.83Rnk 984 / 1025
2022
Imports
$6.98MWorld Rnk 72 / 187
Flag Rnk 525 / 1182
2022
ECONOMIC COMPLEXITY of Nigeria
-1.67Rnk 127 / 133

About

Exports In 2022, Nigeria exported $1.97M in Non-Retail Pure Cotton Yarn, making it the 64th largest exporter of Non-Retail Pure Cotton Yarn in the world. At the same year, Non-Retail Pure Cotton Yarn was the 133rd most exported product in Nigeria. The main destination of Non-Retail Pure Cotton Yarn exports from Nigeria are: Portugal ($1.54M), Bulgaria ($435k), India ($120), and Cyprus ($1).

The fastest growing export markets for Non-Retail Pure Cotton Yarn of Nigeria between 2021 and 2022 were Portugal ($398k), India ($120), and Cyprus ($1).

Imports In 2022, Nigeria imported $6.98M in Non-Retail Pure Cotton Yarn, becoming the 72nd largest importer of Non-Retail Pure Cotton Yarn in the world. At the same year, Non-Retail Pure Cotton Yarn was the 525th most imported product in Nigeria. Nigeria imports Non-Retail Pure Cotton Yarn primarily from: Egypt ($4.13M), China ($2.31M), India ($322k), France ($218k), and United Kingdom ($1.69k).

The fastest growing import markets in Non-Retail Pure Cotton Yarn for Nigeria between 2021 and 2022 were Egypt ($2.91M), India ($295k), and China ($234k).

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 Pure Cotton 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)$1.97M
IMPORTS (2022)$6.98M
NET TRADE (2022)-$5.01M

In 2022, Nigeria exported $1.97M in Non-Retail Pure Cotton Yarn. The main destinations of Nigeria exports on Non-Retail Pure Cotton Yarn were Portugal ($1.54M), Bulgaria ($435k), India ($120), and Cyprus ($1).

In 2022, Nigeria imported $6.98M in Non-Retail Pure Cotton Yarn, mainly from Egypt ($4.13M), China ($2.31M), India ($322k), France ($218k), and United Kingdom ($1.69k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Non-Retail Pure Cotton Yarn EXPORT MARKETS FOR Nigeria WERE (2021 - 2022):
Portugal$398k (35.1%)
India$120 (1%)
Cyprus$1 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Non-Retail Pure Cotton Yarn BY Nigeria WERE (2021 - 2022):
Bulgaria-$164k (-27.4%)
Poland-$18.8k (-100%)
Ukraine-$5.37k (-100%)

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 Pure Cotton Yarn were:
In 2022, Nigeria's main importing competitors in Non-Retail Pure Cotton Yarn were:

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Trade Value of Non-Retail Pure Cotton Yarn by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALPortugal+ $73.3k
TOP IMPORT POTENTIALChina+ $1.01M

Non-Retail Pure Cotton Yarn’s highest export potential is Portugal. With an export gap of $73.3k.   Non-Retail Pure Cotton Yarn’s highest import potential is China with an import gap of $1.01M.

See methodology.

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