2022
Exports
$3.42MWorld Rnk 95 / 208
Flag Rnk 110 / 1077
2022
PRODUCT COMPLEXITY IN Aircraft Parts
0.79Rnk 246 / 1025
2022
Imports
$29.6MWorld Rnk 74 / 217
Flag Rnk 285 / 1182
2022
ECONOMIC COMPLEXITY of Nigeria
-1.67Rnk 127 / 133

About

Exports In 2022, Nigeria exported $3.42M in Aircraft Parts, making it the 95th largest exporter of Aircraft Parts in the world. At the same year, Aircraft Parts was the 110th most exported product in Nigeria. The main destination of Aircraft Parts exports from Nigeria are: Netherlands ($1.63M), United Kingdom ($523k), Norway ($355k), France ($273k), and Switzerland ($140k).

The fastest growing export markets for Aircraft Parts of Nigeria between 2021 and 2022 were Netherlands ($1.49M), Norway ($314k), and France ($86k).

Imports In 2022, Nigeria imported $29.6M in Aircraft Parts, becoming the 74th largest importer of Aircraft Parts in the world. At the same year, Aircraft Parts was the 285th most imported product in Nigeria. Nigeria imports Aircraft Parts primarily from: United Kingdom ($6.14M), Italy ($6.03M), United States ($4.22M), France ($2.97M), and United Arab Emirates ($2.96M).

The fastest growing import markets in Aircraft Parts for Nigeria between 2021 and 2022 were United Arab Emirates ($1.37M), Italy ($1.03M), and Latvia ($593k).

Latest Trends

Jul 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 Aircraft Parts. 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)$3.42M
IMPORTS (2022)$29.6M
NET TRADE (2022)-$26.1M

In 2022, Nigeria exported $3.42M in Aircraft Parts. The main destinations of Nigeria exports on Aircraft Parts were Netherlands ($1.63M), United Kingdom ($523k), Norway ($355k), France ($273k), and Switzerland ($140k).

In 2022, Nigeria imported $29.6M in Aircraft Parts, mainly from United Kingdom ($6.14M), Italy ($6.03M), United States ($4.22M), France ($2.97M), and United Arab Emirates ($2.96M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Aircraft Parts EXPORT MARKETS FOR Nigeria WERE (2021 - 2022):
Netherlands$1.49M (1.07k%)
Norway$314k (766%)
France$86k (46.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Aircraft Parts BY Nigeria WERE (2021 - 2022):
Italy-$1.22M (-100%)
Germany-$95.2k (-61.8%)
Niger-$41.4k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Nigeria's main exporting competitors in Aircraft Parts were:
In 2022, Nigeria's main importing competitors in Aircraft Parts were:

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Trade Value of Aircraft Parts by Exporters

Potential Exports

Potential Exports

Flow
View
N/A
N/AN/A
N/AN/A

Aircraft Parts’s highest export potential is N/A. With an export gap of N/A.   Aircraft Parts’s highest import potential is N/A with an import gap of N/A.

See methodology.

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