2022
Exports
$125kWorld Rnk 97 / 198
Flag Rnk 393 / 1077
2022
PRODUCT COMPLEXITY IN Scales
0.96Rnk 184 / 1025
2022
Imports
$25.9MWorld Rnk 41 / 220
Flag Rnk 311 / 1182
2022
ECONOMIC COMPLEXITY of Nigeria
-1.67Rnk 127 / 133

About

Exports In 2022, Nigeria exported $125k in Scales, making it the 97th largest exporter of Scales in the world. At the same year, Scales was the 393rd most exported product in Nigeria. The main destination of Scales exports from Nigeria are: Benin ($109k), Germany ($5.93k), Democratic Republic of the Congo ($4.49k), Colombia ($3.05k), and Niger ($2.06k).

The fastest growing export markets for Scales of Nigeria between 2021 and 2022 were Benin ($55.4k), Germany ($5.93k), and Democratic Republic of the Congo ($4.49k).

Imports In 2022, Nigeria imported $25.9M in Scales, becoming the 41st largest importer of Scales in the world. At the same year, Scales was the 311th most imported product in Nigeria. Nigeria imports Scales primarily from: China ($13.1M), South Africa ($3.91M), United States ($1.86M), India ($1.23M), and Germany ($1.21M).

The fastest growing import markets in Scales for Nigeria between 2021 and 2022 were South Africa ($2.86M), United States ($1.37M), and United Arab Emirates ($171k).

Latest Trends

Mar 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 Scales. 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)$125k
IMPORTS (2022)$25.9M
NET TRADE (2022)-$25.8M

In 2022, Nigeria exported $125k in Scales. The main destinations of Nigeria exports on Scales were Benin ($109k), Germany ($5.93k), Democratic Republic of the Congo ($4.49k), Colombia ($3.05k), and Niger ($2.06k).

In 2022, Nigeria imported $25.9M in Scales, mainly from China ($13.1M), South Africa ($3.91M), United States ($1.86M), India ($1.23M), and Germany ($1.21M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Scales EXPORT MARKETS FOR Nigeria WERE (2021 - 2022):
Benin$55.4k (104%)
Germany$5.93k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Scales BY Nigeria WERE (2021 - 2022):
Cote d'Ivoire-$35.7k (-100%)
Gambia-$6.67k (-100%)
Portugal-$5.06k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Nigeria's main exporting competitors in Scales were:
China $1.91B
Japan $297M
In 2022, Nigeria's main importing competitors in Scales were:

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Trade Value of Scales by Exporters

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