2023
Exports
$56World Rnk 87 / 90
Flag Rnk 1053 / 1096
2023
PRODUCT COMPLEXITY IN Boron
-0.97Rnk 824 / 1025
2023
Imports
$596kWorld Rnk 54 / 176
Flag Rnk 879 / 1184
2023
ECONOMIC COMPLEXITY of Nigeria
-1.75Rnk 129 / 132

About

Exports In 2023, Nigeria exported $56 in Boron, making it the 87th largest exporter of Boron in the world. At the same year, Boron was the 1053rd most exported product in Nigeria. The main destination of Boron exports from Nigeria are: Ireland ($37), Switzerland ($12), Kenya ($4), and Canada ($3).

The fastest growing export markets for Boron of Nigeria between 2022 and 2023 were Ireland ($37), Switzerland ($12), and Kenya ($4).

Imports In 2023, Nigeria imported $596k in Boron, becoming the 54th largest importer of Boron in the world. At the same year, Boron was the 879th most imported product in Nigeria. Nigeria imports Boron primarily from: Chile ($249k), India ($173k), Turkey ($116k), China ($58.2k), and United Kingdom ($309).

The fastest growing import markets in Boron for Nigeria between 2022 and 2023 were Chile ($249k).

Latest Trends

Dec 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 Boron. 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 (2023)$56
IMPORTS (2023)$596k
NET TRADE (2023)-$596k

In 2023, Nigeria exported $56 in Boron. The main destinations of Nigeria exports on Boron were Ireland ($37), Switzerland ($12), Kenya ($4), and Canada ($3).

In 2023, Nigeria imported $596k in Boron, mainly from Chile ($249k), India ($173k), Turkey ($116k), China ($58.2k), and United Kingdom ($309).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Boron EXPORT MARKETS FOR Nigeria WERE (2022 - 2023):
Ireland$37 (1%)
Switzerland$12 (1%)
Kenya$4 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Boron BY Nigeria WERE (2022 - 2023):South Africa-$6 (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Nigeria's main exporting competitors in Boron were:
In 2023, Nigeria's main importing competitors in Boron were:

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Trade Value of Boron by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $513
TOP IMPORT POTENTIALTurkey+ $111k

Boron’s highest export potential is China. With an export gap of $513.   Boron’s highest import potential is Turkey with an import gap of $111k.

See methodology.

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