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2022
Exports $2BWorld Rnk 10 / 151
Flag Rnk 3 / 1077
2022
Destination $461M Brazil
2021 - 2022
FASTEST GROWING MARKET $461MBrazil
2022
PRODUCT COMPLEXITY IN Nitrogenous Fertilizers-1.29Rnk 905 / 1025
2022
Imports $69.8MWorld Rnk 85 / 211
Flag Rnk 152 / 1182
2022
Origin $11.4M China
2021 - 2022
FASTEST GROWING ORIGIN $11.4MChina
2022
ECONOMIC COMPLEXITY of Nigeria-1.67Rnk 127 / 133

About

Exports In 2022, Nigeria exported $2B in Nitrogenous Fertilizers, making it the 10th largest exporter of Nitrogenous Fertilizers in the world. At the same year, Nitrogenous Fertilizers was the 3rd most exported product in Nigeria. The main destination of Nitrogenous Fertilizers exports from Nigeria are: Brazil ($857M), United States ($227M), India ($175M), Mexico ($116M), and Argentina ($110M).

The fastest growing export markets for Nitrogenous Fertilizers of Nigeria between 2021 and 2022 were Brazil ($461M), United States ($211M), and India ($175M).

Imports In 2022, Nigeria imported $69.8M in Nitrogenous Fertilizers, becoming the 85th largest importer of Nitrogenous Fertilizers in the world. At the same year, Nitrogenous Fertilizers was the 152nd most imported product in Nigeria. Nigeria imports Nitrogenous Fertilizers primarily from: China ($51.4M), Italy ($6.73M), Georgia ($3.65M), Turkey ($1.95M), and United Kingdom ($1.87M).

The fastest growing import markets in Nitrogenous Fertilizers for Nigeria between 2021 and 2022 were China ($11.4M), Italy ($6.73M), and Georgia ($3.65M).

Latest Trends

Oct 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 Nitrogenous Fertilizers. 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)$2B
IMPORTS (2022)$69.8M
NET TRADE (2022)$1.93B

In 2022, Nigeria exported $2B in Nitrogenous Fertilizers. The main destinations of Nigeria exports on Nitrogenous Fertilizers were Brazil ($857M), United States ($227M), India ($175M), Mexico ($116M), and Argentina ($110M).

In 2022, Nigeria imported $69.8M in Nitrogenous Fertilizers, mainly from China ($51.4M), Italy ($6.73M), Georgia ($3.65M), Turkey ($1.95M), and United Kingdom ($1.87M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Nitrogenous Fertilizers EXPORT MARKETS FOR Nigeria WERE (2021 - 2022):
Brazil$461M (116%)
United States$211M (1.31k%)
India$175M (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Nitrogenous Fertilizers BY Nigeria WERE (2021 - 2022):
Burkina Faso-$24.6M (-81.1%)
Niger-$682k (-18.3%)
Democratic Republic of the Congo-$167 (-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 Nitrogenous Fertilizers were:
Russia $6.27B
China $5.59B
Oman $4.14B
In 2022, Nigeria's main importing competitors in Nitrogenous Fertilizers were:
India $7.37B
Brazil $6.03B
United States $4.79B

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Trade Value of Nitrogenous Fertilizers by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $281M
TOP IMPORT POTENTIALChina+ $3.26M

Nitrogenous Fertilizers’s highest export potential is United States. With an export gap of $281M.   Nitrogenous Fertilizers’s highest import potential is China with an import gap of $3.26M.

See methodology.

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