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2022
Exports $201kWorld Rnk 102 / 216
Flag Rnk 344 / 1077
2022
Destination $93.7k Switzerland
2021 - 2022
FASTEST GROWING MARKET $93.7kSwitzerland
2022
PRODUCT COMPLEXITY IN Blank Audio Media1.83Rnk 14 / 1025
2022
Imports $35.3MWorld Rnk 63 / 223
Flag Rnk 243 / 1182
2022
Origin $4.54M China
2021 - 2022
FASTEST GROWING ORIGIN $4.54MChina
2022
ECONOMIC COMPLEXITY of Nigeria-1.67Rnk 127 / 133

About

Exports In 2022, Nigeria exported $201k in Blank Audio Media, making it the 102nd largest exporter of Blank Audio Media in the world. At the same year, Blank Audio Media was the 344th most exported product in Nigeria. The main destination of Blank Audio Media exports from Nigeria are: Switzerland ($94.1k), South Africa ($25.7k), United States ($16.1k), United Kingdom ($14.2k), and Netherlands ($7.58k).

The fastest growing export markets for Blank Audio Media of Nigeria between 2021 and 2022 were Switzerland ($93.7k), United Kingdom ($14.2k), and United States ($8.57k).

Imports In 2022, Nigeria imported $35.3M in Blank Audio Media, becoming the 63rd largest importer of Blank Audio Media in the world. At the same year, Blank Audio Media was the 243rd most imported product in Nigeria. Nigeria imports Blank Audio Media primarily from: China ($27M), United Arab Emirates ($2.05M), Germany ($1.23M), Thailand ($644k), and United States ($531k).

The fastest growing import markets in Blank Audio Media for Nigeria between 2021 and 2022 were China ($4.54M), Thailand ($603k), and Hong Kong ($305k).

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 Blank Audio Media. 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)$201k
IMPORTS (2022)$35.3M
NET TRADE (2022)-$35.1M

In 2022, Nigeria exported $201k in Blank Audio Media. The main destinations of Nigeria exports on Blank Audio Media were Switzerland ($94.1k), South Africa ($25.7k), United States ($16.1k), United Kingdom ($14.2k), and Netherlands ($7.58k).

In 2022, Nigeria imported $35.3M in Blank Audio Media, mainly from China ($27M), United Arab Emirates ($2.05M), Germany ($1.23M), Thailand ($644k), and United States ($531k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Blank Audio Media EXPORT MARKETS FOR Nigeria WERE (2021 - 2022):
Switzerland$93.7k (23.4k%)
United Kingdom$14.2k (1%)
United States$8.57k (113%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Blank Audio Media BY Nigeria WERE (2021 - 2022):
Cote d'Ivoire-$616k (-100%)
Cameroon-$225k (-97.4%)
Republic of the Congo-$115k (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Nigeria's main exporting competitors in Blank Audio Media were:
South Korea $11.6B
Chinese Taipei $9.42B
Malaysia $7.43B
In 2022, Nigeria's main importing competitors in Blank Audio Media were:
United States $14.4B
China $8.38B
Hong Kong $5.38B

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Trade Value of Blank Audio Media by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $109k
TOP IMPORT POTENTIALChina+ $7.56M

Blank Audio Media’s highest export potential is United States. With an export gap of $109k.   Blank Audio Media’s highest import potential is China with an import gap of $7.56M.

See methodology.

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