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2022
Exports $4.66kWorld Rnk 72 / 102
Flag Rnk 786 / 1077
2022
Destination $4.27k United Arab Emirates
2021 - 2022
FASTEST GROWING MARKET $4.27kUnited Arab Emirates
2022
PRODUCT COMPLEXITY IN Oats-0.36Rnk 663 / 1025
2022
Imports $506kWorld Rnk 54 / 183
Flag Rnk 911 / 1182
2022
Origin $101k United Kingdom
2021 - 2022
FASTEST GROWING ORIGIN $101kUnited Arab Emirates
2022
ECONOMIC COMPLEXITY of Nigeria-1.67Rnk 127 / 133

About

Exports In 2022, Nigeria exported $4.66k in Oats, making it the 72nd largest exporter of Oats in the world. At the same year, Oats was the 786th most exported product in Nigeria. The main destination of Oats exports from Nigeria are: United Arab Emirates ($4.27k) and Ireland ($387).

The fastest growing export markets for Oats of Nigeria between 2021 and 2022 were United Arab Emirates ($4.27k) and Ireland ($201).

Imports In 2022, Nigeria imported $506k in Oats, becoming the 54th largest importer of Oats in the world. At the same year, Oats was the 911th most imported product in Nigeria. Nigeria imports Oats primarily from: United Kingdom ($147k), United Arab Emirates ($129k), South Africa ($72.4k), India ($64.1k), and Argentina ($61k).

The fastest growing import markets in Oats for Nigeria between 2021 and 2022 were United Arab Emirates ($101k), India ($64.1k), and South Africa ($61.6k).

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 Oats. 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)$4.66k
IMPORTS (2022)$506k
NET TRADE (2022)-$501k

In 2022, Nigeria exported $4.66k in Oats. The main destinations of Nigeria exports on Oats were United Arab Emirates ($4.27k) and Ireland ($387).

In 2022, Nigeria imported $506k in Oats, mainly from United Kingdom ($147k), United Arab Emirates ($129k), South Africa ($72.4k), India ($64.1k), and Argentina ($61k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Oats EXPORT MARKETS FOR Nigeria WERE (2021 - 2022):
United Arab Emirates$4.27k (1%)
Ireland$201 (108%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Oats BY Nigeria WERE (2021 - 2022):
Switzerland-$265 (-100%)
Canada-$39 (-100%)
South Africa-$35 (-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 Oats were:
Canada $464M
Australia $182M
United Kingdom $78.2M
In 2022, Nigeria's main importing competitors in Oats were:
United States $483M
Germany $131M
China $113M

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Trade Value of Oats by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited Arab Emirates+ $1.5k
TOP IMPORT POTENTIALUnited Kingdom+ $21.8k

Oats’s highest export potential is United Arab Emirates. With an export gap of $1.5k.   Oats’s highest import potential is United Kingdom with an import gap of $21.8k.

See methodology.

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