2022
Exports
$8.26kWorld Rnk 124 / 174
Flag Rnk 723 / 1077
2022
PRODUCT COMPLEXITY IN Twine, cordage or rope; knotted netting, made up fishing nets and other...
-0.95Rnk 827 / 1025
2022
Imports
$31.6MWorld Rnk 21 / 216
Flag Rnk 272 / 1182
2022
ECONOMIC COMPLEXITY of Nigeria
-1.67Rnk 127 / 133

About

Exports In 2022, Nigeria exported $8.26k in Twine, cordage or rope; knotted netting, made up fishing nets and other..., making it the 124th largest exporter of Twine, cordage or rope; knotted netting, made up fishing nets and other... in the world. At the same year, Twine, cordage or rope; knotted netting, made up fishing nets and other... was the 723rd most exported product in Nigeria. The main destination of Twine, cordage or rope; knotted netting, made up fishing nets and other... exports from Nigeria are: Niger ($2.66k), Benin ($1.85k), Burkina Faso ($1.82k), Democratic Republic of the Congo ($1.56k), and South Africa ($180).

The fastest growing export markets for Twine, cordage or rope; knotted netting, made up fishing nets and other... of Nigeria between 2021 and 2022 were Democratic Republic of the Congo ($1.56k), South Africa ($180), and Latvia ($95).

Imports In 2022, Nigeria imported $31.6M in Twine, cordage or rope; knotted netting, made up fishing nets and other..., becoming the 21st largest importer of Twine, cordage or rope; knotted netting, made up fishing nets and other... in the world. At the same year, Twine, cordage or rope; knotted netting, made up fishing nets and other... was the 272nd most imported product in Nigeria. Nigeria imports Twine, cordage or rope; knotted netting, made up fishing nets and other... primarily from: China ($30.4M), United Kingdom ($383k), India ($202k), Vietnam ($163k), and Hong Kong ($93.2k).

The fastest growing import markets in Twine, cordage or rope; knotted netting, made up fishing nets and other... for Nigeria between 2021 and 2022 were China ($5.97M), United Kingdom ($317k), and Vietnam ($163k).

Historical Data

Trade Balance

Color
EXPORTS (2022)$8.26k
IMPORTS (2022)$31.6M
NET TRADE (2022)-$31.6M

In 2022, Nigeria exported $8.26k in Twine, cordage or rope; knotted netting, made up fishing nets and other.... The main destinations of Nigeria exports on Twine, cordage or rope; knotted netting, made up fishing nets and other... were Niger ($2.66k), Benin ($1.85k), Burkina Faso ($1.82k), Democratic Republic of the Congo ($1.56k), and South Africa ($180).

In 2022, Nigeria imported $31.6M in Twine, cordage or rope; knotted netting, made up fishing nets and other..., mainly from China ($30.4M), United Kingdom ($383k), India ($202k), Vietnam ($163k), and Hong Kong ($93.2k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Twine, cordage or rope; knotted netting, made up fishing nets and other... EXPORT MARKETS FOR Nigeria WERE (2021 - 2022):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Twine, cordage or rope; knotted netting, made up fishing nets and other... BY Nigeria WERE (2021 - 2022):
Cameroon-$42k (-100%)
Niger-$11.1k (-80.7%)
Republic of the Congo-$6.19k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Nigeria's main exporting competitors in Twine, cordage or rope; knotted netting, made up fishing nets and other... were:
In 2022, Nigeria's main importing competitors in Twine, cordage or rope; knotted netting, made up fishing nets and other... were:

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Trade Value of Twine, cordage or rope; knotted netting, made up fishing nets and other made up nets, of textile materials by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $843
TOP IMPORT POTENTIALIndia+ $400k

Twine, cordage or rope; knotted netting, made up fishing nets and other...’s highest export potential is United States. With an export gap of $843.   Twine, cordage or rope; knotted netting, made up fishing nets and other...’s highest import potential is India with an import gap of $400k.

See methodology.

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