2023
Exports
$9.75kWorld Rnk 101 / 124
Flag Rnk 713 / 1096
2023
PRODUCT COMPLEXITY IN Tobacco Processing Machines
-0.1Rnk 589 / 1025
2023
Imports
$4.65MWorld Rnk 44 / 176
Flag Rnk 585 / 1184
2023
ECONOMIC COMPLEXITY of Nigeria
-1.75Rnk 129 / 132

About

Exports In 2023, Nigeria exported $9.75k in Tobacco Processing Machines, making it the 101st largest exporter of Tobacco Processing Machines in the world. At the same year, Tobacco Processing Machines was the 713th most exported product in Nigeria. The main destination of Tobacco Processing Machines exports from Nigeria are: Romania ($8.48k), Cote d'Ivoire ($773), and Saudi Arabia ($500).

The fastest growing export markets for Tobacco Processing Machines of Nigeria between 2022 and 2023 were Romania ($7.3k) and Cote d'Ivoire ($773).

Imports In 2023, Nigeria imported $4.65M in Tobacco Processing Machines, becoming the 44th largest importer of Tobacco Processing Machines in the world. At the same year, Tobacco Processing Machines was the 585th most imported product in Nigeria. Nigeria imports Tobacco Processing Machines primarily from: Germany ($1.81M), United Kingdom ($714k), Italy ($591k), Luxembourg ($351k), and Poland ($221k).

The fastest growing import markets in Tobacco Processing Machines for Nigeria between 2022 and 2023 were Luxembourg ($351k), United Kingdom ($161k), and United States ($145k).

Latest Trends

Dec 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 Tobacco Processing Machines. 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)$9.75k
IMPORTS (2023)$4.65M
NET TRADE (2023)-$4.64M

In 2023, Nigeria exported $9.75k in Tobacco Processing Machines. The main destinations of Nigeria exports on Tobacco Processing Machines were Romania ($8.48k), Cote d'Ivoire ($773), and Saudi Arabia ($500).

In 2023, Nigeria imported $4.65M in Tobacco Processing Machines, mainly from Germany ($1.81M), United Kingdom ($714k), Italy ($591k), Luxembourg ($351k), and Poland ($221k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Tobacco Processing Machines EXPORT MARKETS FOR Nigeria WERE (2022 - 2023):
Romania$7.3k (622%)
Cote d'Ivoire$773 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tobacco Processing Machines BY Nigeria WERE (2022 - 2023):
Zimbabwe-$2.51k (-100%)
Saudi Arabia-$1.09k (-68.5%)
Malawi-$149 (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Nigeria's main exporting competitors in Tobacco Processing Machines were:
In 2023, Nigeria's main importing competitors in Tobacco Processing Machines were:

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Trade Value of Tobacco Processing Machines by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALRomania+ $1.45k
TOP IMPORT POTENTIALGermany+ $535k

Tobacco Processing Machines’s highest export potential is Romania. With an export gap of $1.45k.   Tobacco Processing Machines’s highest import potential is Germany with an import gap of $535k.

See methodology.

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