2023
Exports
$1.4MWorld Rnk 84 / 188
Flag Rnk 168 / 1096
2023
PRODUCT COMPLEXITY IN Spark-Ignition Engines
1.24Rnk 94 / 1025
2023
Imports
$75.1MWorld Rnk 48 / 220
Flag Rnk 115 / 1184
2023
ECONOMIC COMPLEXITY of Nigeria
-1.75Rnk 129 / 132

About

Exports In 2023, Nigeria exported $1.4M in Spark-Ignition Engines, making it the 84th largest exporter of Spark-Ignition Engines in the world. At the same year, Spark-Ignition Engines was the 168th most exported product in Nigeria. The main destination of Spark-Ignition Engines exports from Nigeria are: Austria ($476k), Ethiopia ($363k), Niger ($249k), Angola ($95.1k), and United States ($51k).

The fastest growing export markets for Spark-Ignition Engines of Nigeria between 2022 and 2023 were Austria ($476k), Ethiopia ($363k), and Denmark ($34.6k).

Imports In 2023, Nigeria imported $75.1M in Spark-Ignition Engines, becoming the 48th largest importer of Spark-Ignition Engines in the world. At the same year, Spark-Ignition Engines was the 115th most imported product in Nigeria. Nigeria imports Spark-Ignition Engines primarily from: China ($49.5M), Japan ($7M), United States ($6.77M), Chinese Taipei ($2.35M), and Austria ($1.75M).

The fastest growing import markets in Spark-Ignition Engines for Nigeria between 2022 and 2023 were United States ($3.32M), Austria ($1.07M), and China ($690k).

Latest Trends

Jan 2025

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 Spark-Ignition Engines. 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)$1.4M
IMPORTS (2023)$75.1M
NET TRADE (2023)-$73.7M

In 2023, Nigeria exported $1.4M in Spark-Ignition Engines. The main destinations of Nigeria exports on Spark-Ignition Engines were Austria ($476k), Ethiopia ($363k), Niger ($249k), Angola ($95.1k), and United States ($51k).

In 2023, Nigeria imported $75.1M in Spark-Ignition Engines, mainly from China ($49.5M), Japan ($7M), United States ($6.77M), Chinese Taipei ($2.35M), and Austria ($1.75M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Spark-Ignition Engines EXPORT MARKETS FOR Nigeria WERE (2022 - 2023):
Austria$476k (1%)
Ethiopia$363k (1%)
Denmark$34.6k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Spark-Ignition Engines BY Nigeria WERE (2022 - 2023):
Malaysia-$194k (-100%)
Netherlands-$136k (-94.4%)
Angola-$121k (-56.1%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Nigeria's main exporting competitors in Spark-Ignition Engines were:
In 2023, Nigeria's main importing competitors in Spark-Ignition Engines were:

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Trade Value of Spark-Ignition Engines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $212k
TOP IMPORT POTENTIALJapan+ $6.46M

Spark-Ignition Engines’s highest export potential is United States. With an export gap of $212k.   Spark-Ignition Engines’s highest import potential is Japan with an import gap of $6.46M.

See methodology.

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