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Exports In 2022, Nigeria exported $5.74M in Mica, making it the 9th largest exporter of Mica in the world. At the same year, Mica was the 88th most exported product in Nigeria. The main destination of Mica exports from Nigeria are: China ($5.72M), India ($16.1k), Japan ($1.47k), Niger ($284), and Ireland ($257).

The fastest growing export markets for Mica of Nigeria between 2021 and 2022 were China ($2.71M), India ($9.02k), and Japan ($1.47k).

Imports In 2022, Nigeria imported $29.3k in Mica, becoming the 94th largest importer of Mica in the world. At the same year, Mica was the 1093rd most imported product in Nigeria. Nigeria imports Mica primarily from: India ($27k), China ($1.76k), Turkey ($485), and United States ($75).

The fastest growing import markets in Mica for Nigeria between 2021 and 2022 were United States ($15).

Latest Trends

Sep 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 Mica. 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)$5.74M
IMPORTS (2022)$29.3k
NET TRADE (2022)$5.71M

In 2022, Nigeria exported $5.74M in Mica. The main destinations of Nigeria exports on Mica were China ($5.72M), India ($16.1k), Japan ($1.47k), Niger ($284), and Ireland ($257).

In 2022, Nigeria imported $29.3k in Mica, mainly from India ($27k), China ($1.76k), Turkey ($485), and United States ($75).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Mica EXPORT MARKETS FOR Nigeria WERE (2021 - 2022):
China$2.71M (89.8%)
India$9.02k (128%)
Japan$1.47k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Mica BY Nigeria WERE (2021 - 2022):
Niger-$15k (-98.1%)
Hong Kong-$10.8k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Nigeria's main exporting competitors in Mica were:
India $56.6M
China $52.7M
In 2022, Nigeria's main importing competitors in Mica were:
China $59.7M
Japan $36.9M
Germany $19.4M

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Trade Value of Mica by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALIndia+ $36.7k
TOP IMPORT POTENTIALIndia+ $20.5k

Mica’s highest export potential is India. With an export gap of $36.7k.   Mica’s highest import potential is India with an import gap of $20.5k.

See methodology.

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