Precious Stones in Nigeria | The Observatory of Economic Complexity

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Exports In 2022, Nigeria exported $15.2M in Precious Stones, making it the 30th largest exporter of Precious Stones in the world. At the same year, Precious Stones was the 62nd most exported product in Nigeria. The main destination of Precious Stones exports from Nigeria are: United States ($6.7M), India ($1.78M), Germany ($1.52M), France ($1.43M), and Thailand ($1.34M).

The fastest growing export markets for Precious Stones of Nigeria between 2021 and 2022 were United States ($4.22M), France ($904k), and Italy ($710k).

Imports In 2022, Nigeria imported $26.6k in Precious Stones, becoming the 128th largest importer of Precious Stones in the world. At the same year, Precious Stones was the 1098th most imported product in Nigeria. Nigeria imports Precious Stones primarily from: Tanzania ($16.3k), Thailand ($5.58k), United States ($1.12k), United Arab Emirates ($1.02k), and Belgium ($739).

The fastest growing import markets in Precious Stones for Nigeria between 2021 and 2022 were Tanzania ($16.3k), Thailand ($4.84k), and United Arab Emirates ($1.02k).

Mar 2024

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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 Precious Stones. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Year

EXPORTS (2022)$15.2M

IMPORTS (2022)$26.6k

NET TRADE (2022)$15.2M

In 2022, Nigeria exported $15.2M in Precious Stones. The main destinations of Nigeria exports on Precious Stones were United States ($6.7M), India ($1.78M), Germany ($1.52M), France ($1.43M), and Thailand ($1.34M).

In 2022, Nigeria imported $26.6k in Precious Stones, mainly from Tanzania ($16.3k), Thailand ($5.58k), United States ($1.12k), United Arab Emirates ($1.02k), and Belgium ($739).