2022
Exports
$111MWorld Rnk 28 / 154
Flag Rnk 18 / 1077
2022
PRODUCT COMPLEXITY IN Non-Iron and Steel Slag, Ash and Residues
-0.18Rnk 611 / 1025
2022
Imports
$15.5kWorld Rnk 107 / 149
Flag Rnk 1119 / 1182
2022
ECONOMIC COMPLEXITY of Nigeria
-1.67Rnk 127 / 133

About

Exports In 2022, Nigeria exported $111M in Non-Iron and Steel Slag, Ash and Residues, making it the 28th largest exporter of Non-Iron and Steel Slag, Ash and Residues in the world. At the same year, Non-Iron and Steel Slag, Ash and Residues was the 18th most exported product in Nigeria. The main destination of Non-Iron and Steel Slag, Ash and Residues exports from Nigeria are: Belgium ($56M), Czechia ($41.5M), United States ($10.2M), Spain ($1.51M), and Japan ($1.4M).

The fastest growing export markets for Non-Iron and Steel Slag, Ash and Residues of Nigeria between 2021 and 2022 were Spain ($1.31M), South Korea ($35.7k), and Netherlands ($13.2k).

Imports In 2022, Nigeria imported $15.5k in Non-Iron and Steel Slag, Ash and Residues, becoming the 107th largest importer of Non-Iron and Steel Slag, Ash and Residues in the world. At the same year, Non-Iron and Steel Slag, Ash and Residues was the 1119th most imported product in Nigeria. Nigeria imports Non-Iron and Steel Slag, Ash and Residues primarily from: India ($13.3k), China ($1.97k), Belgium ($190), and United Arab Emirates ($10).

The fastest growing import markets in Non-Iron and Steel Slag, Ash and Residues for Nigeria between 2021 and 2022 were India ($678), Belgium ($190), and United Arab Emirates ($10).

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 Non-Iron and Steel Slag, Ash and Residues. 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)$111M
IMPORTS (2022)$15.5k
NET TRADE (2022)$111M

In 2022, Nigeria exported $111M in Non-Iron and Steel Slag, Ash and Residues. The main destinations of Nigeria exports on Non-Iron and Steel Slag, Ash and Residues were Belgium ($56M), Czechia ($41.5M), United States ($10.2M), Spain ($1.51M), and Japan ($1.4M).

In 2022, Nigeria imported $15.5k in Non-Iron and Steel Slag, Ash and Residues, mainly from India ($13.3k), China ($1.97k), Belgium ($190), and United Arab Emirates ($10).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Non-Iron and Steel Slag, Ash and Residues EXPORT MARKETS FOR Nigeria WERE (2021 - 2022):
Spain$1.31M (632%)
South Korea$35.7k (1%)
Netherlands$13.2k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Non-Iron and Steel Slag, Ash and Residues BY Nigeria WERE (2021 - 2022):
Belgium-$42.4M (-43.1%)
Germany-$23.3M (-98.3%)
United States-$14M (-58%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Nigeria's main exporting competitors in Non-Iron and Steel Slag, Ash and Residues were:
In 2022, Nigeria's main importing competitors in Non-Iron and Steel Slag, Ash and Residues were:
Germany $3.12B
Japan $2.86B
Belgium $2.56B

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Trade Value of Non-Iron and Steel Slag, Ash and Residues by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALIndia+ $332k
TOP IMPORT POTENTIALIndia+ $9.18k

Non-Iron and Steel Slag, Ash and Residues’s highest export potential is India. With an export gap of $332k.   Non-Iron and Steel Slag, Ash and Residues’s highest import potential is India with an import gap of $9.18k.

See methodology.

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