Annual International Trade Statistics by Country (HS)
Publication date: 2024-01-28
Reporting period: 2002 - 2023
Timeseries: 194 million
Source:TrendEconomy
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Nigeria | Imports and Exports | World | Polyacetals, other polyethers and epoxide resins, in primary forms; polycarbonates, alkyd resins, polyallyl esters and other polyesters, in primary forms | Value (US$) and Value Growth, YoY (%) | 2012 - 2023

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The value of exports of commodity group 3907 "Polyacetals, other polyethers and epoxide resins, in primary forms; polycarbonates, alkyd resins, polyallyl esters and other polyesters, in primary forms" from Nigeria totalled $ 13 million in 2023. Sales of commodity group 3907 from Nigeria went up by 169% compared to 2022: exports of commodity group 3907 "Polyacetals, other polyethers and epoxide resins, in primary forms; polycarbonates, alkyd resins, polyallyl esters and other polyesters, in primary forms" went up by $ 8.2 million (cumulative exports of commodity group 3907 from Nigeria amounted $4.84 million in 2022)

Exports of commodity group 3907 "Polyacetals, other polyethers and epoxide resins, in primary forms; polycarbonates, alkyd resins, polyallyl esters and other polyesters, in primary forms" amounted to 0.02% of total exports from Nigeria (cumulative merchandise exports from Nigeria totalled $ 65 billion in 2023). The share of commodity group 3907 in total exports from Nigeria increased by 0.012 p.p. compared to 2022 (it was 0.007% in 2022 and cumulative exports from Nigeria were equal to $ 63 billion).

Exports of commodity group 3907 amounted to 34% of total sales of group "" from Nigeria in 2023 (the value of exports of commodity group from Nigeria amounted to $37 million in 2023). The share of exports of commodity group 3907 in sales of commodity group from Nigeria increased by 27 p.p. compared to 2022 (it was 7.59% in 2022, and exports of commodity group from Nigeria were $63 million).

Where does Nigeria export Polyacetals, other polyethers and epoxide resins, in primary forms; polycarbonates, alkyd resins, polyallyl esters and other polyesters, in primary forms?

Top export destinations of "Polyacetals, other polyethers and epoxide resins, in primary forms; polycarbonates, alkyd resins, polyallyl esters and other polyesters, in primary forms" from Nigeria in 2023:

  • United Kingdom with a share of 35% (4.63 million US$)
  • Belgium with a share of 20% (2.63 million US$)
  • Croatia with a share of 13.2% (1.72 million US$)
  • Turkey with a share of 6.22% (812 thousand US$)
  • India with a share of 5.12% (669 thousand US$)
  • USA with a share of 5.11% (667 thousand US$)
  • Spain with a share of 4.04% (528 thousand US$)
  • Japan with a share of 1.71% (224 thousand US$)
  • Bulgaria with a share of 1.36% (177 thousand US$)
  • Ireland with a share of 1.35% (176 thousand US$)

Exports structure of 3907 - Polyacetals, other polyethers and epoxide resins, in primary forms; polycarbonates, alkyd resins, polyallyl esters and other polyesters, in primary forms - from Nigeria in 2023 represented by the following main commodity groups:

The value of imports of commodity group 3907 "Polyacetals, other polyethers and epoxide resins, in primary forms; polycarbonates, alkyd resins, polyallyl esters and other polyesters, in primary forms" to Nigeria totalled $ 185 million in 2023. Sales of commodity group 3907 to Nigeria decreased by 51% in value terms compared to 2022. imports of commodity group 3907 "Polyacetals, other polyethers and epoxide resins, in primary forms; polycarbonates, alkyd resins, polyallyl esters and other polyesters, in primary forms" decreased by $ 199 million (the value of imports of commodity group 3907 to Nigeria was equal to $384 million in 2022)

Imports of commodity group 3907 "Polyacetals, other polyethers and epoxide resins, in primary forms; polycarbonates, alkyd resins, polyallyl esters and other polyesters, in primary forms" accounted for 0.284% of total import flow to Nigeria (in 2023, total imports to Nigeria amounted to $ 65 billion). The share of commodity group 3907 in total imports to Nigeria decreased by 0.349 p.p. compared to 2022 (it was 0.634% in 2022 and cumulative imports to Nigeria were equal to $ 60 billion).

Imports of commodity group 3907 reached 10.1% of total imports of group "" to Nigeria in 2023 (imports of commodity group to Nigeria totalled $1.81 billion in 2023). The share of purchases of commodity group 3907 in imports of commodity group to Nigeria went down by 6.34 p.p. compared to 2022 (it was 16.5% in 2022, and imports of commodity group to Nigeria accounted for $2.33 billion).

Where does Nigeria import Polyacetals, other polyethers and epoxide resins, in primary forms; polycarbonates, alkyd resins, polyallyl esters and other polyesters, in primary forms from?

Top trading partners (import of "Polyacetals, other polyethers and epoxide resins, in primary forms; polycarbonates, alkyd resins, polyallyl esters and other polyesters, in primary forms") of Nigeria in 2023:

  • China with a share of 68% (126 million US$)
  • Korea with a share of 14.8% (27 million US$)
  • India with a share of 4.39% (8.13 million US$)
  • Netherlands with a share of 2.3% (4.26 million US$)
  • United Arab Emirates with a share of 1.94% (3.59 million US$)
  • Egypt with a share of 1.79% (3.31 million US$)
  • Saudi Arabia - 1.73 million US$
  • South Africa - 1.31 million US$
  • Germany - 1.3 million US$
  • Turkey - 1.24 million US$

Imports structure of 3907 - Polyacetals, other polyethers and epoxide resins, in primary forms; polycarbonates, alkyd resins, polyallyl esters and other polyesters, in primary forms - to Nigeria in 2023 represented by the following main commodity groups:

  • 10.7% (19.9 million US$): 390710 - Polyacetals, in primary forms
  • 4.38% (8.11 million US$): 390799 - Polyesters (excl. of 3907), in primary forms
  • 3.66% (6.77 million US$): 390730 - Epoxide resins, in primary forms
  • 1.25% (2.31 million US$): 390791 - Polyesters (excl. of 3907), unsaturated, in primary forms
  • 1.17% (2.16 million US$): 390750 - Alkyd resins, in primary forms
  • 0.058% (109 thousand US$): 390740 - Polycarbonates, in primary forms

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Nigeria | Imports and Exports | World | Polyacetals, other polyethers and epoxide resins, in primary forms; polycarbonates, alkyd resins, polyallyl esters and other polyesters, in primary forms | Value (US$) and Value Growth, YoY (%) | 2012 - 2023