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Exports In 2022, Nigeria exported $51 in Menthol, making it the 81st largest exporter of Menthol in the world. At the same year, Menthol was the 2962nd most exported product in Nigeria. The main destination of Menthol exports from Nigeria are: Belgium ($46) and Canada ($5).

The fastest growing export markets for Menthol of Nigeria between 2021 and 2022 were Belgium ($46).

Imports In 2022, Nigeria imported $7.74M in Menthol, becoming the 21st largest importer of Menthol in the world. At the same year, Menthol was the 865th most imported product in Nigeria. Nigeria imports Menthol primarily from: India ($2.84M), China ($2.34M), Germany ($2.05M), Belgium ($192k), and Brazil ($133k).

The fastest growing import markets in Menthol for Nigeria between 2021 and 2022 were Germany ($570k), United States ($129k), and United Kingdom ($46.5k).

COMPANIES In 2023, leading companies such as RHI Magnesita (6), Ford Motor Company (2), and Barry Callebaut (2) were at the forefront of shipping Menthol from Nigeria to the United States.

Historical Data

Trade Balance

Color
EXPORTS (2022)$51
IMPORTS (2022)$7.74M
NET TRADE (2022)-$7.74M

In 2022, Nigeria exported $51 in Menthol. The main destinations of Nigeria exports on Menthol were Belgium ($46) and Canada ($5).

In 2022, Nigeria imported $7.74M in Menthol, mainly from India ($2.84M), China ($2.34M), Germany ($2.05M), Belgium ($192k), and Brazil ($133k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Menthol EXPORT MARKETS FOR Nigeria WERE (2021 - 2022):Belgium$46 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Menthol BY Nigeria WERE (2021 - 2022):
Republic of the Congo-$1.67k (-100%)
South Africa-$20 (-100%)
Benin-$18 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Nigeria's main exporting competitors in Menthol were:
In 2022, Nigeria's main importing competitors in Menthol were:

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Trade Value of Menthol by Exporters

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