2023
Exports
$40.9MWorld Rnk 37 / 157
Flag Rnk 40 / 1096
2023
PRODUCT COMPLEXITY IN Non-Iron and Steel Slag, Ash and Residues
-0.13Rnk 599 / 1025
2023
Imports
$1.21MWorld Rnk 58 / 147
Flag Rnk 785 / 1184
2023
ECONOMIC COMPLEXITY of Nigeria
-1.75Rnk 129 / 132

About

Exports In 2023, Nigeria exported $40.9M in Non-Iron and Steel Slag, Ash and Residues, making it the 37th 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 40th most exported product in Nigeria. The main destination of Non-Iron and Steel Slag, Ash and Residues exports from Nigeria are: Belgium ($29.3M), Czechia ($5.87M), Spain ($2.09M), Germany ($1.87M), and India ($1.03M).

The fastest growing export markets for Non-Iron and Steel Slag, Ash and Residues of Nigeria between 2022 and 2023 were Germany ($1.47M), India ($782k), and Spain ($441k).

Imports In 2023, Nigeria imported $1.21M in Non-Iron and Steel Slag, Ash and Residues, becoming the 58th 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 785th most imported product in Nigeria. Nigeria imports Non-Iron and Steel Slag, Ash and Residues primarily from: China ($547k), India ($415k), United Arab Emirates ($224k), United Kingdom ($26.2k), and South Africa ($965).

The fastest growing import markets in Non-Iron and Steel Slag, Ash and Residues for Nigeria between 2022 and 2023 were China ($545k), India ($401k), and United Arab Emirates ($223k).

Latest Trends

Dec 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 (2023)$40.9M
IMPORTS (2023)$1.21M
NET TRADE (2023)$39.7M

In 2023, Nigeria exported $40.9M 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 ($29.3M), Czechia ($5.87M), Spain ($2.09M), Germany ($1.87M), and India ($1.03M).

In 2023, Nigeria imported $1.21M in Non-Iron and Steel Slag, Ash and Residues, mainly from China ($547k), India ($415k), United Arab Emirates ($224k), United Kingdom ($26.2k), and South Africa ($965).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Non-Iron and Steel Slag, Ash and Residues EXPORT MARKETS FOR Nigeria WERE (2022 - 2023):
Germany$1.47M (366%)
India$782k (312%)
Spain$441k (26.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Non-Iron and Steel Slag, Ash and Residues BY Nigeria WERE (2022 - 2023):
Czechia-$38.8M (-86.9%)
Belgium-$31M (-51.4%)
United States-$10.2M (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Nigeria's main exporting competitors in Non-Iron and Steel Slag, Ash and Residues were:
In 2023, Nigeria's main importing competitors in Non-Iron and Steel Slag, Ash and Residues were:
Japan $1.93B
Belgium $1.79B

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

Potential Exports

Potential Exports

Flow
View
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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