2022
Exports
$34.9MWorld Rnk 25 / 189
Flag Rnk 41 / 1077
2022
PRODUCT COMPLEXITY IN Perfume Plants
-1.82Rnk 983 / 1025
2022
Imports
$2.1MWorld Rnk 93 / 213
Flag Rnk 725 / 1182
2022
ECONOMIC COMPLEXITY of Nigeria
-1.67Rnk 127 / 133

About

Exports In 2022, Nigeria exported $34.9M in Perfume Plants, making it the 25th largest exporter of Perfume Plants in the world. At the same year, Perfume Plants was the 41st most exported product in Nigeria. The main destination of Perfume Plants exports from Nigeria are: United States ($12.9M), Mexico ($4.45M), Greece ($2.19M), El Salvador ($2.12M), and Nicaragua ($1.83M).

The fastest growing export markets for Perfume Plants of Nigeria between 2021 and 2022 were United States ($5.33M), Mexico ($4.11M), and El Salvador ($1.45M).

Imports In 2022, Nigeria imported $2.1M in Perfume Plants, becoming the 93rd largest importer of Perfume Plants in the world. At the same year, Perfume Plants was the 725th most imported product in Nigeria. Nigeria imports Perfume Plants primarily from: Egypt ($792k), Morocco ($306k), Indonesia ($157k), India ($148k), and United Kingdom ($102k).

The fastest growing import markets in Perfume Plants for Nigeria between 2021 and 2022 were Egypt ($635k), India ($124k), and United Kingdom ($87.2k).

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 Perfume Plants. 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)$34.9M
IMPORTS (2022)$2.1M
NET TRADE (2022)$32.8M

In 2022, Nigeria exported $34.9M in Perfume Plants. The main destinations of Nigeria exports on Perfume Plants were United States ($12.9M), Mexico ($4.45M), Greece ($2.19M), El Salvador ($2.12M), and Nicaragua ($1.83M).

In 2022, Nigeria imported $2.1M in Perfume Plants, mainly from Egypt ($792k), Morocco ($306k), Indonesia ($157k), India ($148k), and United Kingdom ($102k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Perfume Plants EXPORT MARKETS FOR Nigeria WERE (2021 - 2022):
United States$5.33M (70.1%)
Mexico$4.11M (1.22k%)
El Salvador$1.45M (217%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Perfume Plants BY Nigeria WERE (2021 - 2022):
Russia-$2.86M (-81.2%)
Egypt-$1.3M (-73.3%)
India-$1.06M (-50.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Nigeria's main exporting competitors in Perfume Plants were:
In 2022, Nigeria's main importing competitors in Perfume Plants were:

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Trade Value of Perfume Plants by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $6.76M
TOP IMPORT POTENTIALIndia+ $259k

Perfume Plants’s highest export potential is United States. With an export gap of $6.76M.   Perfume Plants’s highest import potential is India with an import gap of $259k.

See methodology.

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