2022
Exports
$203World Rnk 97 / 98
Flag Rnk 983 / 1077
falsefalse Benin
2022
PRODUCT COMPLEXITY IN Motor vehicle (8701 to 8705) chassis fitted with engine
0.58Rnk 332 / 1025
2022
Imports
$30.5MWorld Rnk 28 / 176
Flag Rnk 278 / 1182
2022
ECONOMIC COMPLEXITY of Nigeria
-1.67Rnk 127 / 133

About

Exports In 2022, Nigeria exported $203 in Motor vehicle (8701 to 8705) chassis fitted with engine, making it the 97th largest exporter of Motor vehicle (8701 to 8705) chassis fitted with engine in the world. At the same year, Motor vehicle (8701 to 8705) chassis fitted with engine was the 983rd most exported product in Nigeria. The main destination of Motor vehicle (8701 to 8705) chassis fitted with engine exports from Nigeria are: Benin ($203).

Imports In 2022, Nigeria imported $30.5M in Motor vehicle (8701 to 8705) chassis fitted with engine, becoming the 28th largest importer of Motor vehicle (8701 to 8705) chassis fitted with engine in the world. At the same year, Motor vehicle (8701 to 8705) chassis fitted with engine was the 278th most imported product in Nigeria. Nigeria imports Motor vehicle (8701 to 8705) chassis fitted with engine primarily from: China ($13M), Japan ($12.4M), Thailand ($1.99M), South Korea ($888k), and India ($783k).

The fastest growing import markets in Motor vehicle (8701 to 8705) chassis fitted with engine for Nigeria between 2021 and 2022 were China ($11.8M), Japan ($2.24M), and Singapore ($128k).

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 Motor vehicle (8701 to 8705) chassis fitted with engine. 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)$203
IMPORTS (2022)$30.5M
NET TRADE (2022)-$30.5M

In 2022, Nigeria exported $203 in Motor vehicle (8701 to 8705) chassis fitted with engine. The main destinations of Nigeria exports on Motor vehicle (8701 to 8705) chassis fitted with engine were Benin ($203).

In 2022, Nigeria imported $30.5M in Motor vehicle (8701 to 8705) chassis fitted with engine, mainly from China ($13M), Japan ($12.4M), Thailand ($1.99M), South Korea ($888k), and India ($783k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Motor vehicle (8701 to 8705) chassis fitted with engine BY Nigeria WERE (2021 - 2022):Benin-$289 (-58.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Nigeria's main exporting competitors in Motor vehicle (8701 to 8705) chassis fitted with engine were:
In 2022, Nigeria's main importing competitors in Motor vehicle (8701 to 8705) chassis fitted with engine were:

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Trade Value of Motor vehicle (8701 to 8705) chassis fitted with engine by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $566
TOP IMPORT POTENTIALIndia+ $1.14M

Motor vehicle (8701 to 8705) chassis fitted with engine’s highest export potential is United States. With an export gap of $566.   Motor vehicle (8701 to 8705) chassis fitted with engine’s highest import potential is India with an import gap of $1.14M.

See methodology.

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