2023
Exports
$1.86kWorld Rnk 122 / 131
Flag Rnk 861 / 1096
2023
PRODUCT COMPLEXITY IN Water and Gas Generators
0.069Rnk 534 / 1025
2023
Imports
$14.5MWorld Rnk 23 / 201
Flag Rnk 372 / 1184
2023
ECONOMIC COMPLEXITY of Nigeria
-1.75Rnk 129 / 132

About

Exports In 2023, Nigeria exported $1.86k in Water and Gas Generators, making it the 122nd largest exporter of Water and Gas Generators in the world. At the same year, Water and Gas Generators was the 861st most exported product in Nigeria. The main destination of Water and Gas Generators exports from Nigeria are: France ($621), Benin ($418), Ghana ($417), Gabon ($229), and Niger ($179).

The fastest growing export markets for Water and Gas Generators of Nigeria between 2022 and 2023 were France ($621), Benin ($418), and Ghana ($417).

Imports In 2023, Nigeria imported $14.5M in Water and Gas Generators, becoming the 23rd largest importer of Water and Gas Generators in the world. At the same year, Water and Gas Generators was the 372nd most imported product in Nigeria. Nigeria imports Water and Gas Generators primarily from: India ($5.22M), Denmark ($4.93M), China ($1.05M), Italy ($911k), and Netherlands ($662k).

The fastest growing import markets in Water and Gas Generators for Nigeria between 2022 and 2023 were India ($3.89M), Denmark ($2.49M), and Italy ($846k).

Latest Trends

Jan 2025

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 Water and Gas Generators. 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)$1.86k
IMPORTS (2023)$14.5M
NET TRADE (2023)-$14.5M

In 2023, Nigeria exported $1.86k in Water and Gas Generators. The main destinations of Nigeria exports on Water and Gas Generators were France ($621), Benin ($418), Ghana ($417), Gabon ($229), and Niger ($179).

In 2023, Nigeria imported $14.5M in Water and Gas Generators, mainly from India ($5.22M), Denmark ($4.93M), China ($1.05M), Italy ($911k), and Netherlands ($662k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Water and Gas Generators EXPORT MARKETS FOR Nigeria WERE (2022 - 2023):
France$621 (1%)
Benin$418 (1%)
Ghana$417 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Water and Gas Generators BY Nigeria WERE (2022 - 2023):
Netherlands-$7.38k (-100%)
Niger-$918 (-83.7%)
Angola-$298 (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Nigeria's main exporting competitors in Water and Gas Generators were:
In 2023, Nigeria's main importing competitors in Water and Gas Generators were:

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Trade Value of Water and Gas Generators by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALNetherlands+ $4.16k
TOP IMPORT POTENTIALIndia+ $474k

Water and Gas Generators’s highest export potential is Netherlands. With an export gap of $4.16k.   Water and Gas Generators’s highest import potential is India with an import gap of $474k.

See methodology.

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