2022
Exports
$484World Rnk 105 / 118
Flag Rnk 947 / 1077
2022
PRODUCT COMPLEXITY IN Synthetic Monofilament
0.15Rnk 502 / 1025
2022
Imports
$4.07MWorld Rnk 58 / 200
Flag Rnk 616 / 1182
2022
ECONOMIC COMPLEXITY of Nigeria
-1.67Rnk 127 / 133

About

Exports In 2022, Nigeria exported $484 in Synthetic Monofilament, making it the 105th largest exporter of Synthetic Monofilament in the world. At the same year, Synthetic Monofilament was the 947th most exported product in Nigeria. The main destination of Synthetic Monofilament exports from Nigeria are: Benin ($272), Austria ($108), and Namibia ($104).

The fastest growing export markets for Synthetic Monofilament of Nigeria between 2021 and 2022 were Benin ($272) and Austria ($108).

Imports In 2022, Nigeria imported $4.07M in Synthetic Monofilament, becoming the 58th largest importer of Synthetic Monofilament in the world. At the same year, Synthetic Monofilament was the 616th most imported product in Nigeria. Nigeria imports Synthetic Monofilament primarily from: China ($1.43M), United Kingdom ($953k), Japan ($665k), India ($355k), and Vietnam ($267k).

The fastest growing import markets in Synthetic Monofilament for Nigeria between 2021 and 2022 were United Kingdom ($953k), Japan ($395k), and India ($353k).

Latest Trends

Jul 2024

Subnational Monthly Trade

View
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 Synthetic Monofilament. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

Explore Latest Trends

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2022)$484
IMPORTS (2022)$4.07M
NET TRADE (2022)-$4.07M

In 2022, Nigeria exported $484 in Synthetic Monofilament. The main destinations of Nigeria exports on Synthetic Monofilament were Benin ($272), Austria ($108), and Namibia ($104).

In 2022, Nigeria imported $4.07M in Synthetic Monofilament, mainly from China ($1.43M), United Kingdom ($953k), Japan ($665k), India ($355k), and Vietnam ($267k).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Synthetic Monofilament EXPORT MARKETS FOR Nigeria WERE (2021 - 2022):
Benin$272 (1%)
Austria$108 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Synthetic Monofilament BY Nigeria WERE (2021 - 2022):
Cameroon-$1.1k (-100%)
Niger-$144 (-100%)
Namibia-$83 (-44.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Nigeria's main exporting competitors in Synthetic Monofilament were:
In 2022, Nigeria's main importing competitors in Synthetic Monofilament were:

Explore Visualizations

Trade Value of Synthetic Monofilament by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $708
TOP IMPORT POTENTIALChina+ $480k

Synthetic Monofilament’s highest export potential is United States. With an export gap of $708.   Synthetic Monofilament’s highest import potential is China with an import gap of $480k.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with