2022
Exports
$1.46MWorld Rnk 60 / 169
Flag Rnk 155 / 1077
2022
PRODUCT COMPLEXITY IN Other Paper Machinery
1.18Rnk 108 / 1025
2022
Imports
$46.4MWorld Rnk 38 / 212
Flag Rnk 201 / 1182
2022
ECONOMIC COMPLEXITY of Nigeria
-1.67Rnk 127 / 133

About

Exports In 2022, Nigeria exported $1.46M in Other Paper Machinery, making it the 60th largest exporter of Other Paper Machinery in the world. At the same year, Other Paper Machinery was the 155th most exported product in Nigeria. The main destination of Other Paper Machinery exports from Nigeria are: Turkey ($807k), Germany ($527k), Croatia ($73.8k), Benin ($31.3k), and Switzerland ($14.4k).

The fastest growing export markets for Other Paper Machinery of Nigeria between 2021 and 2022 were Turkey ($807k), Germany ($524k), and Croatia ($73.8k).

Imports In 2022, Nigeria imported $46.4M in Other Paper Machinery, becoming the 38th largest importer of Other Paper Machinery in the world. At the same year, Other Paper Machinery was the 201st most imported product in Nigeria. Nigeria imports Other Paper Machinery primarily from: China ($26.2M), Italy ($5.19M), Spain ($3.67M), France ($2.02M), and Germany ($1.74M).

The fastest growing import markets in Other Paper Machinery for Nigeria between 2021 and 2022 were China ($10.7M), France ($1.28M), and United States ($1.25M).

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 Other Paper Machinery. 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)$1.46M
IMPORTS (2022)$46.4M
NET TRADE (2022)-$44.9M

In 2022, Nigeria exported $1.46M in Other Paper Machinery. The main destinations of Nigeria exports on Other Paper Machinery were Turkey ($807k), Germany ($527k), Croatia ($73.8k), Benin ($31.3k), and Switzerland ($14.4k).

In 2022, Nigeria imported $46.4M in Other Paper Machinery, mainly from China ($26.2M), Italy ($5.19M), Spain ($3.67M), France ($2.02M), and Germany ($1.74M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Paper Machinery EXPORT MARKETS FOR Nigeria WERE (2021 - 2022):
Turkey$807k (1%)
Germany$524k (19.8k%)
Croatia$73.8k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Paper Machinery BY Nigeria WERE (2021 - 2022):
Cote d'Ivoire-$58.1k (-100%)
Sweden-$19k (-100%)
France-$9.35k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Nigeria's main exporting competitors in Other Paper Machinery were:
China $1.98B
Germany $1.28B
Italy $1.09B
In 2022, Nigeria's main importing competitors in Other Paper Machinery were:

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Trade Value of Other Paper Machinery by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALGermany+ $297k
TOP IMPORT POTENTIALChina+ $2.36M

Other Paper Machinery’s highest export potential is Germany. With an export gap of $297k.   Other Paper Machinery’s highest import potential is China with an import gap of $2.36M.

See methodology.

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