2022
Exports
$17.4kWorld Rnk 127 / 178
Flag Rnk 626 / 1077
2022
PRODUCT COMPLEXITY IN Soil Preparation Machinery
0.69Rnk 279 / 1025
2022
Imports
$14.2MWorld Rnk 70 / 211
Flag Rnk 407 / 1182
2022
ECONOMIC COMPLEXITY of Nigeria
-1.67Rnk 127 / 133

About

Exports In 2022, Nigeria exported $17.4k in Soil Preparation Machinery, making it the 127th largest exporter of Soil Preparation Machinery in the world. At the same year, Soil Preparation Machinery was the 626th most exported product in Nigeria. The main destination of Soil Preparation Machinery exports from Nigeria are: Benin ($13.3k), Niger ($3.8k), France ($200), and Netherlands ($109).

The fastest growing export markets for Soil Preparation Machinery of Nigeria between 2021 and 2022 were France ($200) and Netherlands ($109).

Imports In 2022, Nigeria imported $14.2M in Soil Preparation Machinery, becoming the 70th largest importer of Soil Preparation Machinery in the world. At the same year, Soil Preparation Machinery was the 407th most imported product in Nigeria. Nigeria imports Soil Preparation Machinery primarily from: N/A.

The fastest growing import markets in Soil Preparation Machinery for Nigeria between 2021 and 2022 were China ($2.84M), South Africa ($1.49M), and Pakistan ($215k).

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 Soil Preparation Machinery. 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)$17.4k
IMPORTS (2022)$14.2M
NET TRADE (2022)-$14.2M

In 2022, Nigeria exported $17.4k in Soil Preparation Machinery. The main destinations of Nigeria exports on Soil Preparation Machinery were Benin ($13.3k), Niger ($3.8k), France ($200), and Netherlands ($109).

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Export Destinations (NaN)

Import Origins (NaN)

Market Growth

Flow
THE FASTEST GROWING Soil Preparation Machinery EXPORT MARKETS FOR Nigeria WERE (2021 - 2022):
France$200 (1%)
Netherlands$109 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Soil Preparation Machinery BY Nigeria WERE (2021 - 2022):
United Arab Emirates-$68.5k (-100%)
Guinea-$28.4k (-100%)
Benin-$3.28k (-19.8%)

Change in Exports by Market (undefined - undefined)

Market Concentration

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Flow
Type
In 2022, Nigeria's main exporting competitors in Soil Preparation Machinery were:
Germany $2.11B
China $1.21B
Italy $1.12B
In 2022, Nigeria's main importing competitors in Soil Preparation Machinery were:

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Trade Value of Soil Preparation Machinery by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALBenin+ $7.59k
TOP IMPORT POTENTIALChina+ $1.72M

Soil Preparation Machinery’s highest export potential is Benin. With an export gap of $7.59k.   Soil Preparation Machinery’s highest import potential is China with an import gap of $1.72M.

See methodology.

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