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2021
Exports $24World Rnk 0 / 0
Flag Rnk 0 / 0
falsefalseN/A
2022
PRODUCT COMPLEXITY IN Aluminium Ore-2.31Rnk 1014 / 1025
2021
Imports $367kWorld Rnk 72 / 112
Flag Rnk 943 / 1182
2022
ECONOMIC COMPLEXITY of Nigeria-1.67Rnk 127 / 133

About

Imports In 2022, Nigeria imported $367k in Aluminium Ore, becoming the 72nd largest importer of Aluminium Ore in the world. At the same year, Aluminium Ore was the 943rd most imported product in Nigeria. Nigeria imports Aluminium Ore primarily from: India ($319k), China ($42.9k), Netherlands ($4.6k), and Belgium ($399).

The fastest growing import markets in Aluminium Ore for Nigeria between 2021 and 2022 were China ($16.6k), Netherlands ($4.6k), and Belgium ($399).

COMPANIES In 2023, leading companies such as RHI Magnesita (6) were at the forefront of shipping Aluminium Ore from Nigeria to the United States.

Latest Trends

Oct 2024

Subnational Monthly Trade

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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 Aluminium Ore. Countries are shown based on data availability.

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

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Historical Data

Trade Balance

Color
EXPORTS (2021)$24
IMPORTS (2022)$367k
NET TRADE (2022)-$367k

In 2022, Nigeria imported $367k in Aluminium Ore, mainly from India ($319k), China ($42.9k), Netherlands ($4.6k), and Belgium ($399).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Aluminium Ore BY Nigeria WERE (N/A - 2021):Niger-$24 (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Nigeria's main exporting competitors in Aluminium Ore were:
Guinea $4.65B
Australia $865M
Indonesia $675M
In 2022, Nigeria's main importing competitors in Aluminium Ore were:
China $5.44B
India $269M
Spain $224M

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Trade Value of Aluminium Ore by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $798
TOP IMPORT POTENTIALChina+ $53k

Aluminium Ore’s highest export potential is China. With an export gap of $798.   Aluminium Ore’s highest import potential is China with an import gap of $53k.

See methodology.

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