2022
Exports
$148kWorld Rnk 144 / 194
Flag Rnk 376 / 1077
2022
PRODUCT COMPLEXITY IN Stone Processing Machines
0.41Rnk 405 / 1025
2022
Imports
$188MWorld Rnk 32 / 223
Flag Rnk 62 / 1182
2022
ECONOMIC COMPLEXITY of Nigeria
-1.67Rnk 127 / 133

About

Exports In 2022, Nigeria exported $148k in Stone Processing Machines, making it the 144th largest exporter of Stone Processing Machines in the world. At the same year, Stone Processing Machines was the 376th most exported product in Nigeria. The main destination of Stone Processing Machines exports from Nigeria are: Spain ($47.3k), Niger ($24.8k), Benin ($23k), Cote d'Ivoire ($16.5k), and Angola ($14.6k).

The fastest growing export markets for Stone Processing Machines of Nigeria between 2021 and 2022 were Spain ($47.3k), Niger ($14.9k), and Angola ($14.6k).

Imports In 2022, Nigeria imported $188M in Stone Processing Machines, becoming the 32nd largest importer of Stone Processing Machines in the world. At the same year, Stone Processing Machines was the 62nd most imported product in Nigeria. Nigeria imports Stone Processing Machines primarily from: China ($121M), Germany ($14.8M), Italy ($10.3M), India ($6.79M), and Turkey ($6.52M).

The fastest growing import markets in Stone Processing Machines for Nigeria between 2021 and 2022 were China ($43.9M), Germany ($5.31M), and Turkey ($3.29M).

Latest Trends

Mar 2024

Subnational Monthly Trade

View
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 Stone Processing Machines. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

Explore Latest Trends

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2022)$148k
IMPORTS (2022)$188M
NET TRADE (2022)-$187M

In 2022, Nigeria exported $148k in Stone Processing Machines. The main destinations of Nigeria exports on Stone Processing Machines were Spain ($47.3k), Niger ($24.8k), Benin ($23k), Cote d'Ivoire ($16.5k), and Angola ($14.6k).

In 2022, Nigeria imported $188M in Stone Processing Machines, mainly from China ($121M), Germany ($14.8M), Italy ($10.3M), India ($6.79M), and Turkey ($6.52M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Stone Processing Machines EXPORT MARKETS FOR Nigeria WERE (2021 - 2022):
Spain$47.3k (1%)
Niger$14.9k (150%)
Angola$14.6k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Stone Processing Machines BY Nigeria WERE (2021 - 2022):
Gambia-$34.7k (-100%)
Cote d'Ivoire-$12.8k (-43.7%)
Portugal-$10.7k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Nigeria's main exporting competitors in Stone Processing Machines were:
China $5.39B
Germany $2.15B
Italy $1.58B
In 2022, Nigeria's main importing competitors in Stone Processing Machines were:

Explore Visualizations

Trade Value of Stone Processing Machines by Exporters

Have questions, comments, or concerns?
Send us an e-mail: [email protected]
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with