2022
Exports
$21.9kWorld Rnk 122 / 195
Flag Rnk 601 / 1077
2022
PRODUCT COMPLEXITY IN Other Knit Clothing Accessories
-1.29Rnk 906 / 1025
2022
Imports
$21.6MWorld Rnk 38 / 218
Flag Rnk 338 / 1182
2022
ECONOMIC COMPLEXITY of Nigeria
-1.67Rnk 127 / 133

About

Exports In 2022, Nigeria exported $21.9k in Other Knit Clothing Accessories, making it the 122nd largest exporter of Other Knit Clothing Accessories in the world. At the same year, Other Knit Clothing Accessories was the 601st most exported product in Nigeria. The main destination of Other Knit Clothing Accessories exports from Nigeria are: Canada ($3.97k), United States ($3.04k), Germany ($2.18k), Ireland ($2.03k), and Spain ($1.93k).

The fastest growing export markets for Other Knit Clothing Accessories of Nigeria between 2021 and 2022 were Canada ($3.1k), Spain ($1.36k), and Switzerland ($1.03k).

Imports In 2022, Nigeria imported $21.6M in Other Knit Clothing Accessories, becoming the 38th largest importer of Other Knit Clothing Accessories in the world. At the same year, Other Knit Clothing Accessories was the 338th most imported product in Nigeria. Nigeria imports Other Knit Clothing Accessories primarily from: China ($21.4M), United Arab Emirates ($75.9k), Belgium ($64.5k), United Kingdom ($24k), and United States ($13k).

The fastest growing import markets in Other Knit Clothing Accessories for Nigeria between 2021 and 2022 were Belgium ($64.4k), United Arab Emirates ($62k), and Israel ($10.3k).

Latest Trends

Oct 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 Other Knit Clothing Accessories. 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)$21.9k
IMPORTS (2022)$21.6M
NET TRADE (2022)-$21.6M

In 2022, Nigeria exported $21.9k in Other Knit Clothing Accessories. The main destinations of Nigeria exports on Other Knit Clothing Accessories were Canada ($3.97k), United States ($3.04k), Germany ($2.18k), Ireland ($2.03k), and Spain ($1.93k).

In 2022, Nigeria imported $21.6M in Other Knit Clothing Accessories, mainly from China ($21.4M), United Arab Emirates ($75.9k), Belgium ($64.5k), United Kingdom ($24k), and United States ($13k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Knit Clothing Accessories EXPORT MARKETS FOR Nigeria WERE (2021 - 2022):
Canada$3.1k (358%)
Spain$1.36k (236%)
Switzerland$1.03k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Knit Clothing Accessories BY Nigeria WERE (2021 - 2022):
Cote d'Ivoire-$19.3k (-100%)
Cameroon-$2.14k (-100%)
United States-$1.69k (-35.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Nigeria's main exporting competitors in Other Knit Clothing Accessories were:
China $1.94B
Italy $239M
In 2022, Nigeria's main importing competitors in Other Knit Clothing Accessories were:

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Trade Value of Other Knit Clothing Accessories by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $10.9k
TOP IMPORT POTENTIALBelgium+ $71.8k

Other Knit Clothing Accessories’s highest export potential is United States. With an export gap of $10.9k.   Other Knit Clothing Accessories’s highest import potential is Belgium with an import gap of $71.8k.

See methodology.

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