2022
Exports
$18.8kWorld Rnk 90 / 117
Flag Rnk 617 / 1077
2022
PRODUCT COMPLEXITY IN Whey and other milk products
0.4Rnk 408 / 1025
2022
Imports
$13.4MWorld Rnk 52 / 198
Flag Rnk 420 / 1182
2022
ECONOMIC COMPLEXITY of Nigeria
-1.67Rnk 127 / 133

About

Exports In 2022, Nigeria exported $18.8k in Whey and other milk products, making it the 90th largest exporter of Whey and other milk products in the world. At the same year, Whey and other milk products was the 617th most exported product in Nigeria. The main destination of Whey and other milk products exports from Nigeria are: Togo ($10.6k), United States ($3.51k), Benin ($2.76k), Niger ($1.88k), and Canada ($130).

The fastest growing export markets for Whey and other milk products of Nigeria between 2021 and 2022 were Togo ($10.6k), Niger ($1.88k), and Canada ($130).

Imports In 2022, Nigeria imported $13.4M in Whey and other milk products, becoming the 52nd largest importer of Whey and other milk products in the world. At the same year, Whey and other milk products was the 420th most imported product in Nigeria. Nigeria imports Whey and other milk products primarily from: France ($4.16M), Poland ($3.17M), Lithuania ($1.41M), Ireland ($1.19M), and Germany ($1.05M).

The fastest growing import markets in Whey and other milk products for Nigeria between 2021 and 2022 were France ($1.56M), Poland ($1.48M), and Germany ($733k).

Latest Trends

Oct 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 Whey and other milk products. 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)$18.8k
IMPORTS (2022)$13.4M
NET TRADE (2022)-$13.4M

In 2022, Nigeria exported $18.8k in Whey and other milk products. The main destinations of Nigeria exports on Whey and other milk products were Togo ($10.6k), United States ($3.51k), Benin ($2.76k), Niger ($1.88k), and Canada ($130).

In 2022, Nigeria imported $13.4M in Whey and other milk products, mainly from France ($4.16M), Poland ($3.17M), Lithuania ($1.41M), Ireland ($1.19M), and Germany ($1.05M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Whey and other milk products EXPORT MARKETS FOR Nigeria WERE (2021 - 2022):
Togo$10.6k (1%)
Niger$1.88k (1%)
Canada$130 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Whey and other milk products BY Nigeria WERE (2021 - 2022):
Benin-$13.1k (-82.6%)
United States-$1.68k (-32.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Nigeria's main exporting competitors in Whey and other milk products were:
In 2022, Nigeria's main importing competitors in Whey and other milk products were:

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Trade Value of Whey and other milk products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $9.33k
TOP IMPORT POTENTIALGermany+ $897k

Whey and other milk products’s highest export potential is United States. With an export gap of $9.33k.   Whey and other milk products’s highest import potential is Germany with an import gap of $897k.

See methodology.

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