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2022
Exports $8.38kWorld Rnk 83 / 96
Flag Rnk 720 / 1077
2022
Destination $8.38k Burkina Faso
2022
PRODUCT COMPLEXITY IN Phosphatic Fertilizers-1.38Rnk 927 / 1025
2022
Imports $548World Rnk 177 / 181
Flag Rnk 1168 / 1182
2022
Origin $490 United Kingdom
2022
ECONOMIC COMPLEXITY of Nigeria-1.67Rnk 127 / 133

About

Exports In 2022, Nigeria exported $8.38k in Phosphatic Fertilizers, making it the 83rd largest exporter of Phosphatic Fertilizers in the world. At the same year, Phosphatic Fertilizers was the 720th most exported product in Nigeria. The main destination of Phosphatic Fertilizers exports from Nigeria are: Burkina Faso ($8.38k).

The fastest growing export markets for Phosphatic Fertilizers of Nigeria between N/A and 2022 were Burkina Faso ($8.38k).

Imports In 2022, Nigeria imported $548 in Phosphatic Fertilizers, becoming the 177th largest importer of Phosphatic Fertilizers in the world. At the same year, Phosphatic Fertilizers was the 1168th most imported product in Nigeria. Nigeria imports Phosphatic Fertilizers primarily from: United Kingdom ($490) and United States ($58).

The fastest growing import markets in Phosphatic Fertilizers for Nigeria between N/A and 2022 were United Kingdom ($490) and United States ($58).

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 Phosphatic 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)$8.38k
IMPORTS (2022)$548
NET TRADE (2022)$7.83k

In 2022, Nigeria exported $8.38k in Phosphatic Fertilizers. The main destinations of Nigeria exports on Phosphatic Fertilizers were Burkina Faso ($8.38k).

In 2022, Nigeria imported $548 in Phosphatic Fertilizers, mainly from United Kingdom ($490) and United States ($58).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Phosphatic Fertilizers EXPORT MARKETS FOR Nigeria WERE (N/A - 2022):Burkina Faso$8.38k (1%)
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Change in Exports by Market (2020 - 2022)

Market Concentration

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Flow
Type
In 2022, Nigeria's main exporting competitors in Phosphatic Fertilizers were:
Morocco $832M
China $628M
Egypt $618M
In 2022, Nigeria's main importing competitors in Phosphatic Fertilizers were:
Brazil $1.39B
Bangladesh $772M
United States $325M

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Trade Value of Phosphatic Fertilizers by Exporters

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALBrazil+ $1.07k
TOP IMPORT POTENTIALMorocco+ $719

Phosphatic Fertilizers’s highest export potential is Brazil. With an export gap of $1.07k.   Phosphatic Fertilizers’s highest import potential is Morocco with an import gap of $719.

See methodology.

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