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Pricing

2022
Exports $118World Rnk 70 / 78
Flag Rnk 1010 / 1077
falsefalse Belgium
2021 - 2022
FASTEST GROWING MARKETfalseBelgium
2022
PRODUCT COMPLEXITY IN Rapeseed-0.31Rnk 652 / 1025
2022
Imports $573World Rnk 0 / 0
Flag Rnk 0 / 0
2021 - 2022
FASTEST GROWING ORIGINfalsefalse
2022
ECONOMIC COMPLEXITY of Nigeria-1.67Rnk 127 / 133

About

Exports In 2022, Nigeria exported $118 in Rapeseed, making it the 70th largest exporter of Rapeseed in the world. At the same year, Rapeseed was the 1010th most exported product in Nigeria. The main destination of Rapeseed exports from Nigeria are: Belgium ($105) and Ireland ($13).

The fastest growing export markets for Rapeseed of Nigeria between 2021 and 2022 were Belgium ($104) and Ireland ($13).

Imports In 2019, Nigeria imported $573 in Rapeseed, becoming the 0th largest importer of Rapeseed in the world. At the same year, Rapeseed was the 0th most imported product in Nigeria. Nigeria imports Rapeseed primarily from: N/A.

Latest Trends

Sep 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 Rapeseed. 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)$118
IMPORTS (2019)$573
NET TRADE (2022)$118

In 2022, Nigeria exported $118 in Rapeseed. The main destinations of Nigeria exports on Rapeseed were Belgium ($105) and Ireland ($13).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Rapeseed EXPORT MARKETS FOR Nigeria WERE (2021 - 2022):
Belgium$104 (10.4k%)
Ireland$13 (1%)
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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 Rapeseed were:
Australia $5.3B
Canada $4.38B
Ukraine $1.55B
In 2022, Nigeria's main importing competitors in Rapeseed were:
Germany $3.9B
Japan $1.78B
China $1.73B

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Trade Value of Rapeseed by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALBelgium+ $772
TOP IMPORT POTENTIALAustralia+ $660

Rapeseed’s highest export potential is Belgium. With an export gap of $772.   Rapeseed’s highest import potential is Australia with an import gap of $660.

See methodology.

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