2022
Exports
$1.36MWorld Rnk 115 / 208
Flag Rnk 163 / 1077
falsefalse United States
2022
PRODUCT COMPLEXITY IN Other Processed Fruits and Nuts
-1.16Rnk 872 / 1025
2022
Imports
$14MWorld Rnk 92 / 224
Flag Rnk 412 / 1182
2022
ECONOMIC COMPLEXITY of Nigeria
-1.67Rnk 127 / 133

About

Exports In 2022, Nigeria exported $1.36M in Other Processed Fruits and Nuts, making it the 115th largest exporter of Other Processed Fruits and Nuts in the world. At the same year, Other Processed Fruits and Nuts was the 163rd most exported product in Nigeria. The main destination of Other Processed Fruits and Nuts exports from Nigeria are: United States ($701k), United Kingdom ($325k), Canada ($86.7k), Niger ($67.9k), and United Arab Emirates ($43.5k).

The fastest growing export markets for Other Processed Fruits and Nuts of Nigeria between 2021 and 2022 were United Kingdom ($123k), United States ($83.2k), and Switzerland ($6k).

Imports In 2022, Nigeria imported $14M in Other Processed Fruits and Nuts, becoming the 92nd largest importer of Other Processed Fruits and Nuts in the world. At the same year, Other Processed Fruits and Nuts was the 412th most imported product in Nigeria. Nigeria imports Other Processed Fruits and Nuts primarily from: South Africa ($4.83M), Mexico ($2.06M), Argentina ($1.77M), United Kingdom ($1.03M), and Denmark ($1.02M).

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 Processed Fruits and Nuts. 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)$1.36M
IMPORTS (2022)$14M
NET TRADE (2022)-$12.6M

In 2022, Nigeria exported $1.36M in Other Processed Fruits and Nuts. The main destinations of Nigeria exports on Other Processed Fruits and Nuts were United States ($701k), United Kingdom ($325k), Canada ($86.7k), Niger ($67.9k), and United Arab Emirates ($43.5k).

In 2022, Nigeria imported $14M in Other Processed Fruits and Nuts, mainly from South Africa ($4.83M), Mexico ($2.06M), Argentina ($1.77M), United Kingdom ($1.03M), and Denmark ($1.02M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Processed Fruits and Nuts EXPORT MARKETS FOR Nigeria WERE (2021 - 2022):
United Kingdom$123k (60.9%)
United States$83.2k (13.5%)
Switzerland$6k (75.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Processed Fruits and Nuts BY Nigeria WERE (2021 - 2022):
Togo-$110k (-99.8%)
Niger-$61.9k (-47.7%)
Austria-$58.3k (-99.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Nigeria's main exporting competitors in Other Processed Fruits and Nuts were:
In 2022, Nigeria's main importing competitors in Other Processed Fruits and Nuts were:

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Trade Value of Other Processed Fruits and Nuts by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $1.12M
TOP IMPORT POTENTIALMexico+ $987k

Other Processed Fruits and Nuts’s highest export potential is United States. With an export gap of $1.12M.   Other Processed Fruits and Nuts’s highest import potential is Mexico with an import gap of $987k.

See methodology.

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