2023
Exports
$113kWorld Rnk 90 / 168
Flag Rnk 433 / 1096
2023
PRODUCT COMPLEXITY IN Other Floating Structures
-0.72Rnk 763 / 1025
2023
Imports
$26.1MWorld Rnk 13 / 212
Flag Rnk 276 / 1184
2023
ECONOMIC COMPLEXITY of Nigeria
-1.75Rnk 129 / 132

About

Exports In 2023, Nigeria exported $113k in Other Floating Structures, making it the 90th largest exporter of Other Floating Structures in the world. At the same year, Other Floating Structures was the 433rd most exported product in Nigeria. The main destination of Other Floating Structures exports from Nigeria are: Italy ($112k), Ghana ($216), and Benin ($125).

The fastest growing export markets for Other Floating Structures of Nigeria between 2022 and 2023 were Ghana ($216).

Imports In 2023, Nigeria imported $26.1M in Other Floating Structures, becoming the 13th largest importer of Other Floating Structures in the world. At the same year, Other Floating Structures was the 276th most imported product in Nigeria. Nigeria imports Other Floating Structures primarily from: United Arab Emirates ($16.4M), United States ($5.04M), Italy ($1.81M), China ($690k), and United Kingdom ($472k).

The fastest growing import markets in Other Floating Structures for Nigeria between 2022 and 2023 were United Arab Emirates ($15.4M), United States ($4.13M), and Italy ($525k).

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 Other Floating Structures. 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)$113k
IMPORTS (2023)$26.1M
NET TRADE (2023)-$25.9M

In 2023, Nigeria exported $113k in Other Floating Structures. The main destinations of Nigeria exports on Other Floating Structures were Italy ($112k), Ghana ($216), and Benin ($125).

In 2023, Nigeria imported $26.1M in Other Floating Structures, mainly from United Arab Emirates ($16.4M), United States ($5.04M), Italy ($1.81M), China ($690k), and United Kingdom ($472k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Other Floating Structures EXPORT MARKETS FOR Nigeria WERE (2022 - 2023):Ghana$216 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Floating Structures BY Nigeria WERE (2022 - 2023):
Italy-$372k (-76.8%)
Belgium-$10.7k (-100%)
Benin-$662 (-84.1%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Nigeria's main exporting competitors in Other Floating Structures were:
In 2023, Nigeria's main importing competitors in Other Floating Structures were:

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Trade Value of Other Floating Structures by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALBelgium+ $11.5k
TOP IMPORT POTENTIALChina+ $645k

Other Floating Structures’s highest export potential is Belgium. With an export gap of $11.5k.   Other Floating Structures’s highest import potential is China with an import gap of $645k.

See methodology.

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