2022
Exports
$11.5kWorld Rnk 75 / 120
Flag Rnk 670 / 1077
2022
PRODUCT COMPLEXITY IN Synthetic Reconstructed Jewellery Stones
-0.19Rnk 615 / 1025
2022
Imports
$29.9kWorld Rnk 95 / 158
Flag Rnk 1090 / 1182
2022
ECONOMIC COMPLEXITY of Nigeria
-1.67Rnk 127 / 133

About

Exports In 2022, Nigeria exported $11.5k in Synthetic Reconstructed Jewellery Stones, making it the 75th largest exporter of Synthetic Reconstructed Jewellery Stones in the world. At the same year, Synthetic Reconstructed Jewellery Stones was the 670th most exported product in Nigeria. The main destination of Synthetic Reconstructed Jewellery Stones exports from Nigeria are: Canada ($5.13k), Germany ($3.88k), Thailand ($1.48k), Costa Rica ($318), and Portugal ($245).

The fastest growing export markets for Synthetic Reconstructed Jewellery Stones of Nigeria between 2021 and 2022 were Canada ($5.13k), Germany ($1.47k), and Costa Rica ($318).

Imports In 2022, Nigeria imported $29.9k in Synthetic Reconstructed Jewellery Stones, becoming the 95th largest importer of Synthetic Reconstructed Jewellery Stones in the world. At the same year, Synthetic Reconstructed Jewellery Stones was the 1090th most imported product in Nigeria. Nigeria imports Synthetic Reconstructed Jewellery Stones primarily from: China ($29.5k), Turkey ($200), and India ($141).

The fastest growing import markets in Synthetic Reconstructed Jewellery Stones for Nigeria between 2021 and 2022 were India ($141).

Latest Trends

Oct 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 Synthetic Reconstructed Jewellery Stones. 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)$11.5k
IMPORTS (2022)$29.9k
NET TRADE (2022)-$18.4k

In 2022, Nigeria exported $11.5k in Synthetic Reconstructed Jewellery Stones. The main destinations of Nigeria exports on Synthetic Reconstructed Jewellery Stones were Canada ($5.13k), Germany ($3.88k), Thailand ($1.48k), Costa Rica ($318), and Portugal ($245).

In 2022, Nigeria imported $29.9k in Synthetic Reconstructed Jewellery Stones, mainly from China ($29.5k), Turkey ($200), and India ($141).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Synthetic Reconstructed Jewellery Stones EXPORT MARKETS FOR Nigeria WERE (2021 - 2022):
Canada$5.13k (1%)
Germany$1.47k (61%)
Costa Rica$318 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Synthetic Reconstructed Jewellery Stones BY Nigeria WERE (2021 - 2022):
Thailand-$4.19k (-73.9%)
France-$1.31k (-99.2%)
South Korea-$120 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Nigeria's main exporting competitors in Synthetic Reconstructed Jewellery Stones were:
In 2022, Nigeria's main importing competitors in Synthetic Reconstructed Jewellery Stones were:

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Trade Value of Synthetic Reconstructed Jewellery Stones by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALCanada+ $5.78k
TOP IMPORT POTENTIALChina+ $31.5k

Synthetic Reconstructed Jewellery Stones’s highest export potential is Canada. With an export gap of $5.78k.   Synthetic Reconstructed Jewellery Stones’s highest import potential is China with an import gap of $31.5k.

See methodology.

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