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2022
Exports $3.71kWorld Rnk 100 / 136
Flag Rnk 811 / 1077
2022
Destination $2.38k Benin
2021 - 2022
FASTEST GROWING MARKET $2.38kBenin
2022
PRODUCT COMPLEXITY IN Metal Pickling Preparations1.66Rnk 32 / 1025
2022
Imports $13.6MWorld Rnk 30 / 209
Flag Rnk 415 / 1182
2022
Origin $7.45M China
2021 - 2022
FASTEST GROWING ORIGIN $7.45MChina
2022
ECONOMIC COMPLEXITY of Nigeria-1.67Rnk 127 / 133

About

Exports In 2022, Nigeria exported $3.71k in Metal Pickling Preparations, making it the 100th largest exporter of Metal Pickling Preparations in the world. At the same year, Metal Pickling Preparations was the 811th most exported product in Nigeria. The main destination of Metal Pickling Preparations exports from Nigeria are: Benin ($2.46k) and Sao Tome and Principe ($1.25k).

The fastest growing export markets for Metal Pickling Preparations of Nigeria between 2021 and 2022 were Benin ($2.38k) and Sao Tome and Principe ($1.25k).

Imports In 2022, Nigeria imported $13.6M in Metal Pickling Preparations, becoming the 30th largest importer of Metal Pickling Preparations in the world. At the same year, Metal Pickling Preparations was the 415th most imported product in Nigeria. Nigeria imports Metal Pickling Preparations primarily from: China ($12.4M), Turkey ($627k), India ($271k), Italy ($136k), and Germany ($61.4k).

The fastest growing import markets in Metal Pickling Preparations for Nigeria between 2021 and 2022 were China ($7.45M), Turkey ($624k), and Italy ($135k).

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 Metal Pickling Preparations. 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)$3.71k
IMPORTS (2022)$13.6M
NET TRADE (2022)-$13.6M

In 2022, Nigeria exported $3.71k in Metal Pickling Preparations. The main destinations of Nigeria exports on Metal Pickling Preparations were Benin ($2.46k) and Sao Tome and Principe ($1.25k).

In 2022, Nigeria imported $13.6M in Metal Pickling Preparations, mainly from China ($12.4M), Turkey ($627k), India ($271k), Italy ($136k), and Germany ($61.4k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Metal Pickling Preparations EXPORT MARKETS FOR Nigeria WERE (2021 - 2022):
Benin$2.38k (3.09k%)
Sao Tome and Principe$1.25k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Metal Pickling Preparations BY Nigeria WERE (2021 - 2022):
Cote d'Ivoire-$564 (-100%)
Niger-$161 (-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 Metal Pickling Preparations were:
Japan $371M
United States $259M
Germany $206M
In 2022, Nigeria's main importing competitors in Metal Pickling Preparations were:
China $258M
Mexico $141M
South Korea $136M

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Trade Value of Metal Pickling Preparations by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $786
TOP IMPORT POTENTIALIndia+ $242k

Metal Pickling Preparations’s highest export potential is China. With an export gap of $786.   Metal Pickling Preparations’s highest import potential is India with an import gap of $242k.

See methodology.

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