2022
Exports
$17.9kWorld Rnk 101 / 179
Flag Rnk 622 / 1077
2022
PRODUCT COMPLEXITY IN Other Metal Fasteners
0.83Rnk 230 / 1025
2022
Imports
$13.1MWorld Rnk 48 / 214
Flag Rnk 423 / 1182
2022
ECONOMIC COMPLEXITY of Nigeria
-1.67Rnk 127 / 133

About

Exports In 2022, Nigeria exported $17.9k in Other Metal Fasteners, making it the 101st largest exporter of Other Metal Fasteners in the world. At the same year, Other Metal Fasteners was the 622nd most exported product in Nigeria. The main destination of Other Metal Fasteners exports from Nigeria are: Netherlands ($13.2k), United Arab Emirates ($1.53k), Cote d'Ivoire ($859), Niger ($789), and Thailand ($418).

The fastest growing export markets for Other Metal Fasteners of Nigeria between 2021 and 2022 were Netherlands ($10.1k), United Arab Emirates ($1.53k), and Niger ($771).

Imports In 2022, Nigeria imported $13.1M in Other Metal Fasteners, becoming the 48th largest importer of Other Metal Fasteners in the world. At the same year, Other Metal Fasteners was the 423rd most imported product in Nigeria. Nigeria imports Other Metal Fasteners primarily from: China ($9.84M), Poland ($2.19M), Netherlands ($418k), Saudi Arabia ($366k), and India ($55.9k).

The fastest growing import markets in Other Metal Fasteners for Nigeria between 2021 and 2022 were Poland ($2.19M), China ($537k), and Netherlands ($415k).

Latest Trends

Nov 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 Metal Fasteners. 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)$17.9k
IMPORTS (2022)$13.1M
NET TRADE (2022)-$13.1M

In 2022, Nigeria exported $17.9k in Other Metal Fasteners. The main destinations of Nigeria exports on Other Metal Fasteners were Netherlands ($13.2k), United Arab Emirates ($1.53k), Cote d'Ivoire ($859), Niger ($789), and Thailand ($418).

In 2022, Nigeria imported $13.1M in Other Metal Fasteners, mainly from China ($9.84M), Poland ($2.19M), Netherlands ($418k), Saudi Arabia ($366k), and India ($55.9k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Metal Fasteners EXPORT MARKETS FOR Nigeria WERE (2021 - 2022):
Netherlands$10.1k (328%)
Niger$771 (4.28k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Metal Fasteners BY Nigeria WERE (2021 - 2022):
United Kingdom-$4.01k (-100%)
Cameroon-$922 (-100%)
South Africa-$659 (-83.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Nigeria's main exporting competitors in Other Metal Fasteners were:
China $1.78B
Italy $571M
In 2022, Nigeria's main importing competitors in Other Metal Fasteners were:

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Trade Value of Other Metal Fasteners by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALNetherlands+ $8.22k
TOP IMPORT POTENTIALChina+ $2.02M

Other Metal Fasteners’s highest export potential is Netherlands. With an export gap of $8.22k.   Other Metal Fasteners’s highest import potential is China with an import gap of $2.02M.

See methodology.

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