2023
Exports
$2.16kWorld Rnk 90 / 110
Flag Rnk 853 / 1096
2023
PRODUCT COMPLEXITY IN Platinum
0.86Rnk 225 / 1025
2023
Imports
$1.72kWorld Rnk 130 / 146
Flag Rnk 1162 / 1184
2023
ECONOMIC COMPLEXITY of Nigeria
-1.75Rnk 129 / 132

About

Exports In 2023, Nigeria exported $2.16k in Platinum, making it the 90th largest exporter of Platinum in the world. At the same year, Platinum was the 853rd most exported product in Nigeria. The main destination of Platinum exports from Nigeria are: China ($1.97k), Netherlands ($191), and South Africa ($1).

The fastest growing export markets for Platinum of Nigeria between N/A and 2023 were China ($1.97k), Netherlands ($191), and South Africa ($1).

Imports In 2023, Nigeria imported $1.72k in Platinum, becoming the 130th largest importer of Platinum in the world. At the same year, Platinum was the 1162nd most imported product in Nigeria. Nigeria imports Platinum primarily from: Czechia ($1.43k) and Chinese Taipei ($285).

The fastest growing import markets in Platinum for Nigeria between 2022 and 2023 were Czechia ($1.43k) and Chinese Taipei ($285).

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 Platinum. 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)$2.16k
IMPORTS (2023)$1.72k
NET TRADE (2023)$448

In 2023, Nigeria exported $2.16k in Platinum. The main destinations of Nigeria exports on Platinum were China ($1.97k), Netherlands ($191), and South Africa ($1).

In 2023, Nigeria imported $1.72k in Platinum, mainly from Czechia ($1.43k) and Chinese Taipei ($285).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Platinum EXPORT MARKETS FOR Nigeria WERE (N/A - 2023):
China$1.97k (1%)
Netherlands$191 (1%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Nigeria's main exporting competitors in Platinum were:
In 2023, Nigeria's main importing competitors in Platinum were:

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Trade Value of Platinum by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $917
TOP IMPORT POTENTIALUnited States+ $3.54k

Platinum’s highest export potential is United States. With an export gap of $917.   Platinum’s highest import potential is United States with an import gap of $3.54k.

See methodology.

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