2022
Exports
$70.3kWorld Rnk 125 / 196
Flag Rnk 464 / 1077
2022
PRODUCT COMPLEXITY IN Wine
-1.04Rnk 845 / 1025
2022
Imports
$104MWorld Rnk 38 / 225
Flag Rnk 112 / 1182
2022
ECONOMIC COMPLEXITY of Nigeria
-1.67Rnk 127 / 133

About

Exports In 2022, Nigeria exported $70.3k in Wine, making it the 125th largest exporter of Wine in the world. At the same year, Wine was the 464th most exported product in Nigeria. The main destination of Wine exports from Nigeria are: Antigua and Barbuda ($45k), Burkina Faso ($14.4k), Angola ($2.66k), Cambodia ($2.49k), and Benin ($2.16k).

The fastest growing export markets for Wine of Nigeria between 2021 and 2022 were Antigua and Barbuda ($45k), Burkina Faso ($14.4k), and Angola ($2.66k).

Imports In 2022, Nigeria imported $104M in Wine, becoming the 38th largest importer of Wine in the world. At the same year, Wine was the 112th most imported product in Nigeria. Nigeria imports Wine primarily from: France ($32.1M), United States ($19.4M), Spain ($19M), South Africa ($12.7M), and Italy ($6.8M).

The fastest growing import markets in Wine for Nigeria between 2021 and 2022 were United States ($1.68M), China ($1.11M), and Italy ($659k).

Latest Trends

Sep 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 Wine. 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)$70.3k
IMPORTS (2022)$104M
NET TRADE (2022)-$104M

In 2022, Nigeria exported $70.3k in Wine. The main destinations of Nigeria exports on Wine were Antigua and Barbuda ($45k), Burkina Faso ($14.4k), Angola ($2.66k), Cambodia ($2.49k), and Benin ($2.16k).

In 2022, Nigeria imported $104M in Wine, mainly from France ($32.1M), United States ($19.4M), Spain ($19M), South Africa ($12.7M), and Italy ($6.8M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Wine EXPORT MARKETS FOR Nigeria WERE (2021 - 2022):
Burkina Faso$14.4k (1%)
Angola$2.66k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wine BY Nigeria WERE (2021 - 2022):
Macau-$26.8k (-100%)
United Kingdom-$5.71k (-100%)
Benin-$3.61k (-62.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Nigeria's main exporting competitors in Wine were:
France $13.1B
Italy $8.32B
Spain $3.25B
In 2022, Nigeria's main importing competitors in Wine were:

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Trade Value of Wine by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALBenin+ $3.37k
TOP IMPORT POTENTIALFrance+ $10.9M

Wine’s highest export potential is Benin. With an export gap of $3.37k.   Wine’s highest import potential is France with an import gap of $10.9M.

See methodology.

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