# Nigeria HS 550320 exports | Yugalinks

Explore reported HS 550320 exports from Nigeria: destinations, growth, concentration, prices, and history.

## Exporter position

| Measure | Value |
| --- | --- |
| Exporter | Nigeria |
| HS6 | 550320 |
| Latest exports | $51.6M |
| Active destinations | 29 |
| Three-year growth | +18.1% |
| Destination HHI | 607 |
| Weighted share | 33.2% |

## Destination markets

No destination observations are available.

## Price intelligence

- Highest reported market price: Bosnia and Herzegovina at $8.1K / ton.
- Lowest reported market price: South Africa at $166.7 / ton.
- Median reported price: $1.1K / ton.
- Price spread: 732.7%.

## Export history

- 2010: $58.0M
- 2011: $22.2M
- 2012: $12.0M
- 2013: $19.7M
- 2014: $4.7M
- 2015: $50.5K
- 2016: $315.2K
- 2017: $581.8K
- 2018: $527.0K
- 2019: $5.1M
- 2020: $8.0M
- 2021: $18.3M
- 2022: $29.6M
- 2023: $25.0M
- 2024: $30.1M

## Methods

Reported exporter totals are combined with destination, price, history, and country-context observations. Growth, concentration, weighted share, volatility, drawdown, and price-position values are calculated indicators rather than additional reported trade.

Missing values are shown as Not reported and are not imputed.

## Complete structured values

```json
{
  "template": "T3",
  "templateName": "Product Exporter Position Profile",
  "source": "api",
  "publisher": {
    "name": "Yugalinks",
    "url": "https://www.yugalinks.com"
  },
  "canonical": "https://www.yugalinks.com/trade/exporter/nga/550320",
  "links": {
    "product": "https://www.yugalinks.com/trade/product/550320",
    "exporter": "https://www.yugalinks.com/trade/exporter/nga/550320",
    "methodology": "https://www.yugalinks.com/methodology"
  },
  "methodology": {
    "summary": "Reported exporter totals are combined with destination, price, history, and country-context observations. Growth, concentration, weighted share, volatility, drawdown, and price-position values are calculated indicators rather than additional reported trade.",
    "reportedValues": "Merchandise trade observations for an exporter, HS6 product, destination market, and available year.",
    "destinations": "Destination rows are ranked by latest observed exporter-lane value.",
    "prices": "Unit values are reported trade value divided by reported quantity where quantity is positive.",
    "missingData": "Missing values are shown as Not reported and are not imputed."
  },
  "exporter": {
    "hs_code": "550320",
    "exporter_iso3": "NGA",
    "first_data_year": 1995,
    "latest_data_year": 2024,
    "observed_lane_count": 72,
    "current_lane_count": 29,
    "active_market_count": 29,
    "exports_latest_observed_lanes_usd": 51556274.54380871,
    "exports_current_2024_usd": 30134423.706852667,
    "exports_avg_3y_usd": 28222671.61783408,
    "exports_avg_5y_usd": 22190108.44553138,
    "exports_avg_10y_usd": 11751726.936180849,
    "exports_cagr_3y_pct": 18.110414934411278,
    "exports_cagr_5y_pct": 42.70282249695754,
    "exports_cagr_10y_pct": 20.39585254092,
    "exports_all_year_lane_avg_usd": 44941641.464029066,
    "exports_historical_lane_peak_usd": 171592860.6633236,
    "historical_peak_year": 2010,
    "positive_growth_year_share_pct": 62.06896551724138,
    "trend_acceleration_pct": -2.2854376065087223,
    "trend_label": "Rapid growth",
    "top_market_iso3": "ALB",
    "top_market_exports_usd": 6194492.234500528,
    "top_market_share_pct": 12.015011343065346,
    "destination_hhi": 607.2665339445219,
    "weighted_share_latest_pct": 33.20878402143011,
    "weighted_share_change_1y_pp": 10.89680123466761,
    "weighted_volatility_cv": 1.123863598079718,
    "weighted_max_drawdown_pct": 45.293160401678946,
    "limited_history_lane_share_pct": 62.5,
    "data_freshness_years": 0,
    "coverage_score": 84.5,
    "confidence_label": "High",
    "refreshed_at": "2026-07-20 09:29:33",
    "source": "api",
    "product": {
      "hs_code": 550320,
      "hs_description": "Fibres: synthetic staple fibres, of polyesters, not carded, combed or otherwise processed for spinning",
      "hs_chapter": 55,
      "hs_heading": 5503,
      "substitution_elasticity": -23.88945,
      "price_range_label": "Low price range",
      "trade_type_label": "One-way trade"
    },
    "hs_description": "Fibres: synthetic staple fibres, of polyesters, not carded, combed or otherwise processed for spinning",
    "hs_chapter": 55,
    "hs_heading": 5503,
    "destinations": [],
    "priceSummary": {
      "exporter_iso3": "NGA",
      "hs_code": 550320,
      "num_markets": 36,
      "highest_price_importer_iso3": "BIH",
      "highest_price_usd_per_ton": 8147.60147601476,
      "lowest_price_importer_iso3": "ZAF",
      "lowest_price_usd_per_ton": 166.66666666666666,
      "median_price_across_markets": 1089.2217592071179,
      "price_spread_pct": 732.7190025250405,
      "avg_quantity_metric_tons": 931.2749333333333,
      "total_trade_value_usd": 88156480
    },
    "history": [
      {
        "year": 2010,
        "export_value_usd": 57962092.97336517,
        "active_destinations": 16,
        "yoy_growth_pct": 96.00409312039095
      },
      {
        "year": 2011,
        "export_value_usd": 22227369.726111256,
        "active_destinations": 23,
        "yoy_growth_pct": -61.65188559301127
      },
      {
        "year": 2012,
        "export_value_usd": 12014521.16671269,
        "active_destinations": 12,
        "yoy_growth_pct": -45.94717542040605
      },
      {
        "year": 2013,
        "export_value_usd": 19715880.13338327,
        "active_destinations": 8,
        "yoy_growth_pct": 64.10042364408068
      },
      {
        "year": 2014,
        "export_value_usd": 4709205.327181126,
        "active_destinations": 7,
        "yoy_growth_pct": -76.11465836005252
      },
      {
        "year": 2015,
        "export_value_usd": 50533.94614257025,
        "active_destinations": 1,
        "yoy_growth_pct": -98.92691138670695
      },
      {
        "year": 2016,
        "export_value_usd": 315230.11276372895,
        "active_destinations": 3,
        "yoy_growth_pct": 523.7987270465235
      },
      {
        "year": 2017,
        "export_value_usd": 581785.587247496,
        "active_destinations": 6,
        "yoy_growth_pct": 84.55901377783522
      },
      {
        "year": 2018,
        "export_value_usd": 527040.5385100391,
        "active_destinations": 4,
        "yoy_growth_pct": -9.409832408613442
      },
      {
        "year": 2019,
        "export_value_usd": 5092136.949487746,
        "active_destinations": 12,
        "yoy_growth_pct": 866.1755742515336
      },
      {
        "year": 2020,
        "export_value_usd": 7993175.955485058,
        "active_destinations": 17,
        "yoy_growth_pct": 56.97095413526041
      },
      {
        "year": 2021,
        "export_value_usd": 18289351.418669604,
        "active_destinations": 25,
        "yoy_growth_pct": 128.81207070287414
      },
      {
        "year": 2022,
        "export_value_usd": 29576396.123274565,
        "active_destinations": 28,
        "yoy_growth_pct": 61.713750511039166
      },
      {
        "year": 2023,
        "export_value_usd": 24957195.02337501,
        "active_destinations": 29,
        "yoy_growth_pct": -15.61786324691725
      },
      {
        "year": 2024,
        "export_value_usd": 30134423.706852667,
        "active_destinations": 29,
        "yoy_growth_pct": 20.744433333267803
      }
    ],
    "economy": {
      "year": 2024,
      "country_iso3": "NGA",
      "exports_usd": 56941418902.15539,
      "imports_usd": 50278133107.64248,
      "trade_balance_usd": 6663285794.512909,
      "yoy_exports_growth_pct": -9.67373651308262,
      "yoy_imports_growth_pct": -16.18062425952269,
      "exports_cagr_3y_pct": 4.026458555641921,
      "imports_cagr_3y_pct": -5.508057780247311,
      "export_partner_hhi": 465.8320147058125,
      "export_product_hhi": 4533.798080511278,
      "momentum_score": -5.563677992465257,
      "risk_score": 24.998150476085456,
      "gdp_million_usd": 252261.88014115053,
      "gdp_per_capita_usd": 1084.1604180543611,
      "population": 232679478,
      "labor_force": 67678.81,
      "investment_rate_pct": 26.33,
      "savings_rate_pct": 20.4,
      "secondary_education_pct": 40.44,
      "tertiary_education_pct": 3.29,
      "total_factor_productivity": 594.15,
      "trade_openness_pct": 13.142187617070435,
      "exports_gdp_pct": 6.979462200382475,
      "num_active_partners": 270,
      "num_fta_partners": 14,
      "num_wto_partners": 169,
      "num_eu_partners": 28,
      "num_shared_border_partners": 4,
      "num_shared_language_partners": 77,
      "avg_partner_distance_km": 7262.135802469136,
      "avg_partner_gdp_million_usd": 533678518.3258192,
      "avg_partner_gdp_per_capita_usd": 15.774186170212769,
      "avg_buyer_biz_entry_days": null,
      "avg_buyer_biz_entry_cost_pct": null,
      "pct_partners_with_fta": 5.185185185185185,
      "pct_partners_shared_language": 28.51851851851852,
      "pct_partners_shared_border": 1.4814814814814816,
      "avg_applied_tariff_pct": 0.13151512571683113,
      "avg_mfn_tariff_pct": 0.1364169151772714,
      "avg_preferential_tariff_pct": 0.03678156734880338,
      "tariff_advantage_pp": 0.099635347828468,
      "avg_distance_all_partners_km": 7234.188837116315,
      "num_border_partners": 100,
      "num_colonial_partners": 25,
      "avg_substitution_elasticity": -9.339842972467615,
      "pct_products_high_elasticity": 71.0772104607721,
      "pct_products_low_elasticity": 3.3935242839352426,
      "real_market_potential": 164373.51126504008,
      "foreign_market_potential": 24611.999896897145
    },
    "countryMap": {}
  },
  "product": {
    "hs_code": "550320",
    "hs_description": "Fibres: synthetic staple fibres, of polyesters, not carded, combed or otherwise processed for spinning",
    "hs_chapter": 55,
    "hs_heading": 5503
  },
  "destinations": [],
  "prices": [],
  "priceSummary": {
    "exporter_iso3": "NGA",
    "hs_code": 550320,
    "num_markets": 36,
    "highest_price_importer_iso3": "BIH",
    "highest_price_usd_per_ton": 8147.60147601476,
    "lowest_price_importer_iso3": "ZAF",
    "lowest_price_usd_per_ton": 166.66666666666666,
    "median_price_across_markets": 1089.2217592071179,
    "price_spread_pct": 732.7190025250405,
    "avg_quantity_metric_tons": 931.2749333333333,
    "total_trade_value_usd": 88156480
  },
  "history": [
    {
      "year": 2010,
      "export_value_usd": 57962092.97336517,
      "active_destinations": 16,
      "yoy_growth_pct": 96.00409312039095
    },
    {
      "year": 2011,
      "export_value_usd": 22227369.726111256,
      "active_destinations": 23,
      "yoy_growth_pct": -61.65188559301127
    },
    {
      "year": 2012,
      "export_value_usd": 12014521.16671269,
      "active_destinations": 12,
      "yoy_growth_pct": -45.94717542040605
    },
    {
      "year": 2013,
      "export_value_usd": 19715880.13338327,
      "active_destinations": 8,
      "yoy_growth_pct": 64.10042364408068
    },
    {
      "year": 2014,
      "export_value_usd": 4709205.327181126,
      "active_destinations": 7,
      "yoy_growth_pct": -76.11465836005252
    },
    {
      "year": 2015,
      "export_value_usd": 50533.94614257025,
      "active_destinations": 1,
      "yoy_growth_pct": -98.92691138670695
    },
    {
      "year": 2016,
      "export_value_usd": 315230.11276372895,
      "active_destinations": 3,
      "yoy_growth_pct": 523.7987270465235
    },
    {
      "year": 2017,
      "export_value_usd": 581785.587247496,
      "active_destinations": 6,
      "yoy_growth_pct": 84.55901377783522
    },
    {
      "year": 2018,
      "export_value_usd": 527040.5385100391,
      "active_destinations": 4,
      "yoy_growth_pct": -9.409832408613442
    },
    {
      "year": 2019,
      "export_value_usd": 5092136.949487746,
      "active_destinations": 12,
      "yoy_growth_pct": 866.1755742515336
    },
    {
      "year": 2020,
      "export_value_usd": 7993175.955485058,
      "active_destinations": 17,
      "yoy_growth_pct": 56.97095413526041
    },
    {
      "year": 2021,
      "export_value_usd": 18289351.418669604,
      "active_destinations": 25,
      "yoy_growth_pct": 128.81207070287414
    },
    {
      "year": 2022,
      "export_value_usd": 29576396.123274565,
      "active_destinations": 28,
      "yoy_growth_pct": 61.713750511039166
    },
    {
      "year": 2023,
      "export_value_usd": 24957195.02337501,
      "active_destinations": 29,
      "yoy_growth_pct": -15.61786324691725
    },
    {
      "year": 2024,
      "export_value_usd": 30134423.706852667,
      "active_destinations": 29,
      "yoy_growth_pct": 20.744433333267803
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  ],
  "economy": {
    "year": 2024,
    "country_iso3": "NGA",
    "exports_usd": 56941418902.15539,
    "imports_usd": 50278133107.64248,
    "trade_balance_usd": 6663285794.512909,
    "yoy_exports_growth_pct": -9.67373651308262,
    "yoy_imports_growth_pct": -16.18062425952269,
    "exports_cagr_3y_pct": 4.026458555641921,
    "imports_cagr_3y_pct": -5.508057780247311,
    "export_partner_hhi": 465.8320147058125,
    "export_product_hhi": 4533.798080511278,
    "momentum_score": -5.563677992465257,
    "risk_score": 24.998150476085456,
    "gdp_million_usd": 252261.88014115053,
    "gdp_per_capita_usd": 1084.1604180543611,
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    "labor_force": 67678.81,
    "investment_rate_pct": 26.33,
    "savings_rate_pct": 20.4,
    "secondary_education_pct": 40.44,
    "tertiary_education_pct": 3.29,
    "total_factor_productivity": 594.15,
    "trade_openness_pct": 13.142187617070435,
    "exports_gdp_pct": 6.979462200382475,
    "num_active_partners": 270,
    "num_fta_partners": 14,
    "num_wto_partners": 169,
    "num_eu_partners": 28,
    "num_shared_border_partners": 4,
    "num_shared_language_partners": 77,
    "avg_partner_distance_km": 7262.135802469136,
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    "avg_buyer_biz_entry_days": null,
    "avg_buyer_biz_entry_cost_pct": null,
    "pct_partners_with_fta": 5.185185185185185,
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    "pct_partners_shared_border": 1.4814814814814816,
    "avg_applied_tariff_pct": 0.13151512571683113,
    "avg_mfn_tariff_pct": 0.1364169151772714,
    "avg_preferential_tariff_pct": 0.03678156734880338,
    "tariff_advantage_pp": 0.099635347828468,
    "avg_distance_all_partners_km": 7234.188837116315,
    "num_border_partners": 100,
    "num_colonial_partners": 25,
    "avg_substitution_elasticity": -9.339842972467615,
    "pct_products_high_elasticity": 71.0772104607721,
    "pct_products_low_elasticity": 3.3935242839352426,
    "real_market_potential": 164373.51126504008,
    "foreign_market_potential": 24611.999896897145
  }
}
```