2021
Exports
$415World Rnk 0 / 0
Flag Rnk 0 / 0
falsefalseN/A
2021
Imports
$187kWorld Rnk 76 / 165
Flag Rnk 991 / 1182
2022
ECONOMIC COMPLEXITY of Nigeria
-1.67Rnk 127 / 133

About

Imports In 2022, Nigeria imported $187k in Scrap Rubber, becoming the 76th largest importer of Scrap Rubber in the world. At the same year, Scrap Rubber was the 991st most imported product in Nigeria. Nigeria imports Scrap Rubber primarily from: China ($150k), South Korea ($23.2k), Niger ($7.16k), and India ($6.22k).

The fastest growing import markets in Scrap Rubber for Nigeria between 2021 and 2022 were China ($134k), South Korea ($23.2k), and Niger ($7.16k).

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 Scrap Rubber. 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 (2021)$415
IMPORTS (2022)$187k
NET TRADE (2022)-$187k

In 2022, Nigeria imported $187k in Scrap Rubber, mainly from China ($150k), South Korea ($23.2k), Niger ($7.16k), and India ($6.22k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Scrap Rubber BY Nigeria WERE (N/A - 2021):Cameroon-$415 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Nigeria's main exporting competitors in Scrap Rubber were:
In 2022, Nigeria's main importing competitors in Scrap Rubber were:

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Trade Value of Scrap Rubber by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $521
TOP IMPORT POTENTIALIndia+ $8.72k

Scrap Rubber’s highest export potential is India. With an export gap of $521.   Scrap Rubber’s highest import potential is India with an import gap of $8.72k.

See methodology.

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