2022
Exports
$3.07kWorld Rnk 113 / 131
Flag Rnk 824 / 1077
2022
PRODUCT COMPLEXITY IN Ketones and Quinones
1.37Rnk 79 / 1025
2022
Imports
$18MWorld Rnk 39 / 203
Flag Rnk 362 / 1182
2022
ECONOMIC COMPLEXITY of Nigeria
-1.67Rnk 127 / 133

About

Exports In 2022, Nigeria exported $3.07k in Ketones and Quinones, making it the 113th largest exporter of Ketones and Quinones in the world. At the same year, Ketones and Quinones was the 824th most exported product in Nigeria. The main destination of Ketones and Quinones exports from Nigeria are: Benin ($3.06k), Botswana ($12), and Ireland ($4).

The fastest growing export markets for Ketones and Quinones of Nigeria between 2021 and 2022 were Benin ($2.15k), Botswana ($12), and Ireland ($4).

Imports In 2022, Nigeria imported $18M in Ketones and Quinones, becoming the 39th largest importer of Ketones and Quinones in the world. At the same year, Ketones and Quinones was the 362nd most imported product in Nigeria. Nigeria imports Ketones and Quinones primarily from: Pakistan ($3.89M), China ($3.11M), Netherlands ($3.04M), South Africa ($2.73M), and India ($862k).

The fastest growing import markets in Ketones and Quinones for Nigeria between 2021 and 2022 were Pakistan ($3.89M), Netherlands ($1.79M), and Turkey ($408k).

Latest Trends

Jul 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 Ketones and Quinones. 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)$3.07k
IMPORTS (2022)$18M
NET TRADE (2022)-$18M

In 2022, Nigeria exported $3.07k in Ketones and Quinones. The main destinations of Nigeria exports on Ketones and Quinones were Benin ($3.06k), Botswana ($12), and Ireland ($4).

In 2022, Nigeria imported $18M in Ketones and Quinones, mainly from Pakistan ($3.89M), China ($3.11M), Netherlands ($3.04M), South Africa ($2.73M), and India ($862k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Ketones and Quinones EXPORT MARKETS FOR Nigeria WERE (2021 - 2022):
Benin$2.15k (237%)
Botswana$12 (1%)
Ireland$4 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Ketones and Quinones BY Nigeria WERE (2021 - 2022):Canada-$27 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Nigeria's main exporting competitors in Ketones and Quinones were:
China $2.07B
India $618M
In 2022, Nigeria's main importing competitors in Ketones and Quinones were:

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Trade Value of Ketones and Quinones by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.08k
TOP IMPORT POTENTIALChina+ $2.42M

Ketones and Quinones’s highest export potential is United States. With an export gap of $1.08k.   Ketones and Quinones’s highest import potential is China with an import gap of $2.42M.

See methodology.

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