2022
Exports
$24MWorld Rnk 51 / 165
Flag Rnk 48 / 1077
2022
PRODUCT COMPLEXITY IN Tanned Equine and Bovine Hides
-1Rnk 841 / 1025
2022
Imports
$34.6MWorld Rnk 47 / 191
Flag Rnk 249 / 1182
2022
ECONOMIC COMPLEXITY of Nigeria
-1.67Rnk 127 / 133

About

Exports In 2022, Nigeria exported $24M in Tanned Equine and Bovine Hides, making it the 51st largest exporter of Tanned Equine and Bovine Hides in the world. At the same year, Tanned Equine and Bovine Hides was the 48th most exported product in Nigeria. The main destination of Tanned Equine and Bovine Hides exports from Nigeria are: China ($23.9M), India ($77k), Italy ($15.5k), Chinese Taipei ($9.99k), and Spain ($142).

The fastest growing export markets for Tanned Equine and Bovine Hides of Nigeria between 2021 and 2022 were China ($2.66M), Chinese Taipei ($9.99k), and Portugal ($35).

Imports In 2022, Nigeria imported $34.6M in Tanned Equine and Bovine Hides, becoming the 47th largest importer of Tanned Equine and Bovine Hides in the world. At the same year, Tanned Equine and Bovine Hides was the 249th most imported product in Nigeria. Nigeria imports Tanned Equine and Bovine Hides primarily from: Sudan ($13.7M), Saudi Arabia ($3.09M), Ethiopia ($2.75M), Tanzania ($2.28M), and Brazil ($1.91M).

The fastest growing import markets in Tanned Equine and Bovine Hides for Nigeria between 2021 and 2022 were Sudan ($13.6M), Saudi Arabia ($2.78M), and Ethiopia ($2.75M).

Latest Trends

Nov 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 Tanned Equine and Bovine Hides. 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)$24M
IMPORTS (2022)$34.6M
NET TRADE (2022)-$10.7M

In 2022, Nigeria exported $24M in Tanned Equine and Bovine Hides. The main destinations of Nigeria exports on Tanned Equine and Bovine Hides were China ($23.9M), India ($77k), Italy ($15.5k), Chinese Taipei ($9.99k), and Spain ($142).

In 2022, Nigeria imported $34.6M in Tanned Equine and Bovine Hides, mainly from Sudan ($13.7M), Saudi Arabia ($3.09M), Ethiopia ($2.75M), Tanzania ($2.28M), and Brazil ($1.91M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Tanned Equine and Bovine Hides EXPORT MARKETS FOR Nigeria WERE (2021 - 2022):
China$2.66M (12.5%)
Chinese Taipei$9.99k (1%)
Portugal$35 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tanned Equine and Bovine Hides BY Nigeria WERE (2021 - 2022):
India-$191k (-71.3%)
United Kingdom-$15.1k (-100%)
Italy-$14.8k (-48.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Nigeria's main exporting competitors in Tanned Equine and Bovine Hides were:
In 2022, Nigeria's main importing competitors in Tanned Equine and Bovine Hides were:
China $2.31B
Italy $1.69B
Vietnam $1.34B

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Trade Value of Tanned Equine and Bovine Hides by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALIndia+ $69.5k
TOP IMPORT POTENTIALBrazil+ $99.2k

Tanned Equine and Bovine Hides’s highest export potential is India. With an export gap of $69.5k.   Tanned Equine and Bovine Hides’s highest import potential is Brazil with an import gap of $99.2k.

See methodology.

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