2023
Exports
$1.6MWorld Rnk 94 / 222
Flag Rnk 160 / 1096
2023
PRODUCT COMPLEXITY IN Office Machine Parts
1.14Rnk 125 / 1025
2023
Imports
$95.2MWorld Rnk 78 / 226
Flag Rnk 97 / 1184
2023
ECONOMIC COMPLEXITY of Nigeria
-1.75Rnk 129 / 132

About

Exports In 2023, Nigeria exported $1.6M in Office Machine Parts, making it the 94th largest exporter of Office Machine Parts in the world. At the same year, Office Machine Parts was the 160th most exported product in Nigeria. The main destination of Office Machine Parts exports from Nigeria are: Netherlands ($793k), Hungary ($219k), Gambia ($160k), Belgium ($64.7k), and Hong Kong ($52.6k).

The fastest growing export markets for Office Machine Parts of Nigeria between 2022 and 2023 were Netherlands ($283k), Gambia ($160k), and Ghana ($28.7k).

Imports In 2023, Nigeria imported $95.2M in Office Machine Parts, becoming the 78th largest importer of Office Machine Parts in the world. At the same year, Office Machine Parts was the 97th most imported product in Nigeria. Nigeria imports Office Machine Parts primarily from: China ($36.6M), Germany ($13.5M), Netherlands ($7.75M), United Kingdom ($5.01M), and France ($5M).

The fastest growing import markets in Office Machine Parts for Nigeria between 2022 and 2023 were China ($6.58M), India ($2.78M), and Vietnam ($787k).

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 Office Machine Parts. 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)$1.6M
IMPORTS (2023)$95.2M
NET TRADE (2023)-$93.6M

In 2023, Nigeria exported $1.6M in Office Machine Parts. The main destinations of Nigeria exports on Office Machine Parts were Netherlands ($793k), Hungary ($219k), Gambia ($160k), Belgium ($64.7k), and Hong Kong ($52.6k).

In 2023, Nigeria imported $95.2M in Office Machine Parts, mainly from China ($36.6M), Germany ($13.5M), Netherlands ($7.75M), United Kingdom ($5.01M), and France ($5M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Office Machine Parts EXPORT MARKETS FOR Nigeria WERE (2022 - 2023):
Netherlands$283k (55.6%)
Gambia$160k (1%)
Ghana$28.7k (387%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Office Machine Parts BY Nigeria WERE (2022 - 2023):
Belgium-$270k (-80.7%)
Germany-$113k (-90.1%)
Hong Kong-$107k (-67%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Nigeria's main exporting competitors in Office Machine Parts were:
In 2023, Nigeria's main importing competitors in Office Machine Parts were:

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Trade Value of Office Machine Parts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $551k
TOP IMPORT POTENTIALChina+ $7.97M

Office Machine Parts’s highest export potential is United States. With an export gap of $551k.   Office Machine Parts’s highest import potential is China with an import gap of $7.97M.

See methodology.

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