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2022
Exports $174World Rnk 80 / 99
Flag Rnk 993 / 1077
2022
Destination $72 Ireland
2021 - 2022
FASTEST GROWING MARKET $72Ireland
2022
PRODUCT COMPLEXITY IN Graphite-0.84Rnk 789 / 1025
2022
Imports $469kWorld Rnk 49 / 152
Flag Rnk 919 / 1182
2022
Origin $423k India
2021 - 2022
FASTEST GROWING ORIGIN $423kIndia
2022
ECONOMIC COMPLEXITY of Nigeria-1.67Rnk 127 / 133

About

Exports In 2022, Nigeria exported $174 in Graphite, making it the 80th largest exporter of Graphite in the world. At the same year, Graphite was the 993rd most exported product in Nigeria. The main destination of Graphite exports from Nigeria are: Ireland ($72), South Africa ($69), Canada ($28), and France ($5).

The fastest growing export markets for Graphite of Nigeria between 2021 and 2022 were Ireland ($72), Canada ($28), and France ($5).

Imports In 2022, Nigeria imported $469k in Graphite, becoming the 49th largest importer of Graphite in the world. At the same year, Graphite was the 919th most imported product in Nigeria. Nigeria imports Graphite primarily from: India ($431k), China ($25.9k), United Kingdom ($10.8k), and Netherlands ($1.05k).

The fastest growing import markets in Graphite for Nigeria between 2021 and 2022 were India ($423k), United Kingdom ($10.8k), and China ($9.58k).

Latest Trends

Jul 2024

Subnational Monthly Trade

View
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 Graphite. 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 (2022)$174
IMPORTS (2022)$469k
NET TRADE (2022)-$468k

In 2022, Nigeria exported $174 in Graphite. The main destinations of Nigeria exports on Graphite were Ireland ($72), South Africa ($69), Canada ($28), and France ($5).

In 2022, Nigeria imported $469k in Graphite, mainly from India ($431k), China ($25.9k), United Kingdom ($10.8k), and Netherlands ($1.05k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Graphite EXPORT MARKETS FOR Nigeria WERE (2021 - 2022):
Ireland$72 (1%)
Canada$28 (1%)
France$5 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Graphite BY Nigeria WERE (2021 - 2022):
Netherlands-$68 (-100%)
South Africa-$20 (-22.5%)
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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 Graphite were:
China $411M
Mozambique $83.9M
Madagascar $78.5M
In 2022, Nigeria's main importing competitors in Graphite were:
United States $166M
South Korea $146M
Japan $97M

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Trade Value of Graphite by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $575
TOP IMPORT POTENTIALChina+ $56.4k

Graphite’s highest export potential is United States. With an export gap of $575.   Graphite’s highest import potential is China with an import gap of $56.4k.

See methodology.

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