2023
Exports
$29MWorld Rnk 66 / 186
Flag Rnk 48 / 1096
2023
PRODUCT COMPLEXITY IN Raw Sugar
-1.88Rnk 988 / 1025
2023
Imports
$747MWorld Rnk 15 / 225
Flag Rnk 5 / 1184
2023
ECONOMIC COMPLEXITY of Nigeria
-1.75Rnk 129 / 132

About

Exports In 2023, Nigeria exported $29M in Raw Sugar, making it the 66th largest exporter of Raw Sugar in the world. At the same year, Raw Sugar was the 48th most exported product in Nigeria. The main destination of Raw Sugar exports from Nigeria are: Senegal ($16.3M), Niger ($9.57M), Ghana ($2.76M), Togo ($335k), and United Arab Emirates ($10.2k).

The fastest growing export markets for Raw Sugar of Nigeria between 2022 and 2023 were Niger ($669k), Togo ($318k), and United Arab Emirates ($10.2k).

Imports In 2023, Nigeria imported $747M in Raw Sugar, becoming the 15th largest importer of Raw Sugar in the world. At the same year, Raw Sugar was the 5th most imported product in Nigeria. Nigeria imports Raw Sugar primarily from: Brazil ($744M), Egypt ($1.17M), France ($959k), Niger ($205k), and United Kingdom ($189k).

The fastest growing import markets in Raw Sugar for Nigeria between 2022 and 2023 were Brazil ($97.9M), Egypt ($1.17M), and France ($959k).

Latest Trends

Dec 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 Raw Sugar. 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 (2023)$29M
IMPORTS (2023)$747M
NET TRADE (2023)-$717M

In 2023, Nigeria exported $29M in Raw Sugar. The main destinations of Nigeria exports on Raw Sugar were Senegal ($16.3M), Niger ($9.57M), Ghana ($2.76M), Togo ($335k), and United Arab Emirates ($10.2k).

In 2023, Nigeria imported $747M in Raw Sugar, mainly from Brazil ($744M), Egypt ($1.17M), France ($959k), Niger ($205k), and United Kingdom ($189k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Raw Sugar EXPORT MARKETS FOR Nigeria WERE (2022 - 2023):
Niger$669k (7.52%)
Togo$318k (1.84k%)
United Arab Emirates$10.2k (12.7k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Raw Sugar BY Nigeria WERE (2022 - 2023):
Senegal-$18.5M (-53.1%)
Ghana-$5.02M (-64.5%)
Benin-$50.2k (-91.8%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Nigeria's main exporting competitors in Raw Sugar were:
Brazil $16.2B
India $3.97B
In 2023, Nigeria's main importing competitors in Raw Sugar were:

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Trade Value of Raw Sugar by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALBenin+ $194k
TOP IMPORT POTENTIALNetherlands+ $1.17M

Raw Sugar’s highest export potential is Benin. With an export gap of $194k.   Raw Sugar’s highest import potential is Netherlands with an import gap of $1.17M.

See methodology.

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