2022
Exports
$17.1kWorld Rnk 125 / 175
Flag Rnk 629 / 1077
2022
PRODUCT COMPLEXITY IN Used Rubber Tires
0.67Rnk 290 / 1025
2022
Imports
$10.1MWorld Rnk 61 / 219
Flag Rnk 468 / 1182
2022
ECONOMIC COMPLEXITY of Nigeria
-1.67Rnk 127 / 133

About

Exports In 2022, Nigeria exported $17.1k in Used Rubber Tires, making it the 125th largest exporter of Used Rubber Tires in the world. At the same year, Used Rubber Tires was the 629th most exported product in Nigeria. The main destination of Used Rubber Tires exports from Nigeria are: Niger ($10k), Togo ($3.25k), Thailand ($2.22k), Cote d'Ivoire ($769), and Benin ($635).

The fastest growing export markets for Used Rubber Tires of Nigeria between 2021 and 2022 were Thailand ($2.22k), Togo ($933), and Cote d'Ivoire ($769).

Imports In 2022, Nigeria imported $10.1M in Used Rubber Tires, becoming the 61st largest importer of Used Rubber Tires in the world. At the same year, Used Rubber Tires was the 468th most imported product in Nigeria. Nigeria imports Used Rubber Tires primarily from: China ($3.1M), Belgium ($1.35M), India ($936k), Chinese Taipei ($865k), and Germany ($606k).

The fastest growing import markets in Used Rubber Tires for Nigeria between 2021 and 2022 were Sri Lanka ($466k), Chinese Taipei ($213k), and South Africa ($185k).

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 Used Rubber Tires. 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)$17.1k
IMPORTS (2022)$10.1M
NET TRADE (2022)-$10M

In 2022, Nigeria exported $17.1k in Used Rubber Tires. The main destinations of Nigeria exports on Used Rubber Tires were Niger ($10k), Togo ($3.25k), Thailand ($2.22k), Cote d'Ivoire ($769), and Benin ($635).

In 2022, Nigeria imported $10.1M in Used Rubber Tires, mainly from China ($3.1M), Belgium ($1.35M), India ($936k), Chinese Taipei ($865k), and Germany ($606k).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Used Rubber Tires EXPORT MARKETS FOR Nigeria WERE (2021 - 2022):
Thailand$2.22k (1%)
Togo$933 (40.3%)
Cote d'Ivoire$769 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Used Rubber Tires BY Nigeria WERE (2021 - 2022):
Niger-$3.12k (-23.7%)
Burkina Faso-$528 (-100%)
Angola-$497 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Nigeria's main exporting competitors in Used Rubber Tires were:
In 2022, Nigeria's main importing competitors in Used Rubber Tires were:

Explore Visualizations

Trade Value of Used Rubber Tires by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALThailand+ $3.32k
TOP IMPORT POTENTIALIndia+ $537k

Used Rubber Tires’s highest export potential is Thailand. With an export gap of $3.32k.   Used Rubber Tires’s highest import potential is India with an import gap of $537k.

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