Global Packaging Machinery Market
What is Nigeria's merchandise exports to low- and middle-income economies in sub-saharan africa (% of total merchandis? As of 2023, it's 10.2 USD Mn, down from 24 USD Mn in 2014.
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| Label | Merchandise exports to low- and middle-income economies in Sub-Saharan Africa (% of total merchandis |
|---|---|
| 2014 | 24.0292 USD Mn |
| 2015 | 24.0298 USD Mn |
| 2016 | 24.5869 USD Mn |
| 2017 | 25.2398 USD Mn |
| 2018 | 25.1815 USD Mn |
| 2019 | 24.5785 USD Mn |
| 2020 | 19.3322 USD Mn |
| 2021 | 12.8526 USD Mn |
| 2022 | 27.7811 USD Mn |
| 2023 | 10.2069 USD Mn |
Data Source: World Bank and Wantstats Repository
This is a series to read year by year, not to summarize with a single trend line. Doing the latter would flatten out real, meaningful movement.
The 2020 dip lands in the one year that disrupted almost every kind of economic activity worldwide — 2020. That doesn't prove COVID-19 caused this specific move, but it's a reasonable first place to look before assuming something else did.
This data comes from Nigeria's statistical reporting, sourced from the link below. As with most cross-country indicator datasets, expect the underlying survey to run less often than annually, with gaps modeled in between.
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