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2022
Destination $1.15M Ghana
2021 - 2022
FASTEST GROWING MARKET $1.15MGhana
2022
PRODUCT COMPLEXITY IN Processed Hair-1.23Rnk 886 / 1025
2022
ImportsfalseWorld Rnk 45 / 178
Flag Rnk 816 / 1182
2022
Origin $56.4k China
2021 - 2022
FASTEST GROWING ORIGIN $56.4kIndia
2022
ECONOMIC COMPLEXITY of Nigeria-1.67Rnk 127 / 133

About

Exports In 2022, Nigeria exported N/A in Processed Hair, making it the 23rd largest exporter of Processed Hair in the world. At the same year, Processed Hair was the 150th most exported product in Nigeria. The main destination of Processed Hair exports from Nigeria are: Ghana ($1.16M), Mali ($102k), United Kingdom ($93.9k), Zimbabwe ($79k), and Gabon ($19.3k).

The fastest growing export markets for Processed Hair of Nigeria between 2021 and 2022 were Ghana ($1.15M), Mali ($102k), and Zimbabwe ($60.3k).

Imports In 2022, Nigeria imported $1.09M in Processed Hair, becoming the 45th largest importer of Processed Hair in the world. At the same year, Processed Hair was the 816th most imported product in Nigeria. Nigeria imports Processed Hair primarily from: China ($788k), India ($223k), Philippines ($25.1k), Turkey ($22.9k), and United States ($9.44k).

The fastest growing import markets in Processed Hair for Nigeria between 2021 and 2022 were India ($56.4k), Turkey ($15.4k), and United States ($5.57k).

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 Processed Hair. 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
IMPORTS (2022)$1.09M

In N/A, Nigeria exported N/A in Processed Hair. The main destinations of Nigeria exports on Processed Hair were Ghana ($1.16M), Mali ($102k), United Kingdom ($93.9k), Zimbabwe ($79k), and Gabon ($19.3k).

In 2022, Nigeria imported $1.09M in Processed Hair, mainly from China ($788k), India ($223k), Philippines ($25.1k), Turkey ($22.9k), and United States ($9.44k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Processed Hair EXPORT MARKETS FOR Nigeria WERE (2021 - 2022):
Ghana$1.15M (32.6k%)
Mali$102k (1%)
Zimbabwe$60.3k (321%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Processed Hair BY Nigeria WERE (2021 - 2022):
United Kingdom-$39.3k (-29.5%)
Ireland-$32k (-86.1%)
Netherlands-$26.2k (-94.4%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Nigeria's main exporting competitors in Processed Hair were:
India $469M
Burma $424M
China $164M
In 2022, Nigeria's main importing competitors in Processed Hair were:
China $946M
United States $35.4M
Bangladesh $33.3M

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Trade Value of Processed Hair by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited Kingdom+ $49.9k
TOP IMPORT POTENTIALIndia+ $259k

Processed Hair’s highest export potential is United Kingdom. With an export gap of $49.9k.   Processed Hair’s highest import potential is India with an import gap of $259k.

See methodology.

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