Nigeria | Imports and Exports | World | Cotton | Value (US$) and Value Growth, YoY (%) | 2012 - 2023
The value of exports of commodity group 52 "Cotton" from Nigeria totalled $ 18.1 million in 2023. Sales of commodity group 52 from Nigeria went up by 0.15% compared to 2022: exports of commodity group 52 "Cotton" went up by $ 27 thousand (cumulative exports of commodity group 52 from Nigeria amounted $18.1 million in 2022)
Exports of commodity group 52 "Cotton" amounted to 0.027% of total exports from Nigeria (cumulative merchandise exports from Nigeria totalled $ 65 billion in 2023). The share of commodity group 52 in total exports from Nigeria decreased by 0 p.p. compared to 2022 (it was 0.028% in 2022 and cumulative exports from Nigeria were equal to $ 63 billion).
Where does Nigeria export Cotton?
Top export destinations of "Cotton" from Nigeria in 2023:
- Bangladesh with a share of 37% (6.89 million US$)
- Pakistan with a share of 30% (5.61 million US$)
- Vietnam with a share of 12.6% (2.29 million US$)
- Portugal with a share of 9.44% (1.71 million US$)
- Indonesia with a share of 5.96% (1.08 million US$)
- Bulgaria with a share of 1.52% (278 thousand US$)
- India with a share of 1.32% (241 thousand US$)
- Brazil - 29 thousand US$
- Tunisia - 26 thousand US$
- Ghana - 7.15 thousand US$
Exports structure of 52 - Cotton - from Nigeria in 2023 represented by the following main commodity groups:
- 82% (14.9 million US$): 5201 - Cotton, not carded or combed.
- 10.8% (1.97 million US$): 5205 - Cotton yarn (other than sewing thread), containing 85 % or more by weight of cotton, not put up for retail sale
- 6.65% (1.21 million US$): 5202 - Cotton waste (including yarn waste and garnetted stock)
- 0.163% (29 thousand US$): 5212 - Other woven fabrics of cotton.
- 0.039% (7.15 thousand US$): 5204 - Cotton sewing thread, whether or not put up for retail sale
The value of imports of commodity group 52 "Cotton" to Nigeria totalled $ 23 million in 2023. Sales of commodity group 52 to Nigeria went up by 98% compared to 2022: imports of commodity group 52 "Cotton" went up by $ 11.6 million (the value of imports of commodity group 52 to Nigeria was equal to $11.8 million in 2022)
Imports of commodity group 52 "Cotton" accounted for 0.036% of total import flow to Nigeria (in 2023, total imports to Nigeria amounted to $ 65 billion). The share of commodity group 52 in total imports to Nigeria increased by 0.016 p.p. compared to 2022 (it was 0.019% in 2022 and cumulative imports to Nigeria were equal to $ 60 billion).
Where does Nigeria import Cotton from?
Top trading partners (import of "Cotton") of Nigeria in 2023:
- China with a share of 88% (20 million US$)
- United Kingdom with a share of 3.39% (798 thousand US$)
- India with a share of 1.73% (408 thousand US$)
- Korea with a share of 1.56% (368 thousand US$)
- Turkey with a share of 1.41% (333 thousand US$)
- Ethiopia with a share of 1.26% (297 thousand US$)
- Egypt - 121 thousand US$
- South Africa - 81 thousand US$
- Austria - 77 thousand US$
- Kenya - 37 thousand US$
Imports structure of 52 - Cotton - to Nigeria in 2023 represented by the following main commodity groups:
- 51% (12 million US$): 5208 - Woven fabrics of cotton, containing 85 % or more by weight of cotton, weighing not more than 200 g/m2
- 22% (5.36 million US$): 5209 - Woven fabrics of cotton, containing 85 % or more by weight of cotton, weighing more than 200 g/m2
- 9.06% (2.12 million US$): 5212 - Other woven fabrics of cotton.
- 5.12% (1.2 million US$): 5204 - Cotton sewing thread, whether or not put up for retail sale
- 3.47% (816 thousand US$): 5207 - Cotton yarn (other than sewing thread) put up for retail sale
- 3.24% (763 thousand US$): 5211 - Woven fabrics of cotton, containing less than 85 % by weight of cotton, mixed mainly or solely with man-made fibres, weighing more than 200 g/m2
- 2.23% (525 thousand US$): 5210 - Woven fabrics of cotton, containing less than 85 % by weight of cotton, mixed mainly or solely with man-made fibres, weighing not more than 200 g/m2
- 1.51% (355 thousand US$): 5205 - Cotton yarn (other than sewing thread), containing 85 % or more by weight of cotton, not put up for retail sale
- 0.638% (149 thousand US$): 5203 - Cotton, carded or combed
- 0.559% (131 thousand US$): 5202 - Cotton waste (including yarn waste and garnetted stock)
