2023
Exports
$55.3MWorld Rnk 23 / 105
Flag Rnk 34 / 1096
2023
PRODUCT COMPLEXITY IN Raw Copper
-2.19Rnk 1009 / 1025
2023
Imports
$195kWorld Rnk 55 / 153
Flag Rnk 988 / 1184
2023
ECONOMIC COMPLEXITY of Nigeria
-1.75Rnk 129 / 132

About

Exports In 2023, Nigeria exported $55.3M in Raw Copper, making it the 23rd largest exporter of Raw Copper in the world. At the same year, Raw Copper was the 34th most exported product in Nigeria. The main destination of Raw Copper exports from Nigeria are: China ($55.3M).

The fastest growing export markets for Raw Copper of Nigeria between 2022 and 2023 were China ($20.5M).

Imports In 2023, Nigeria imported $195k in Raw Copper, becoming the 55th largest importer of Raw Copper in the world. At the same year, Raw Copper was the 988th most imported product in Nigeria. Nigeria imports Raw Copper primarily from: N/A.

The fastest growing import markets in Raw Copper for Nigeria between 2022 and 2023 were Spain ($71.4k), Andorra ($50.7k), and Netherlands ($38.1k).

Latest Trends

Dec 2024

Subnational Monthly Trade

View
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 Raw Copper. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

Explore Latest Trends

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2023)$55.3M
IMPORTS (2023)$195k
NET TRADE (2023)$55.2M

In 2023, Nigeria exported $55.3M in Raw Copper. The main destinations of Nigeria exports on Raw Copper were China ($55.3M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Raw Copper EXPORT MARKETS FOR Nigeria WERE (2022 - 2023):China$20.5M (59%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Nigeria's main exporting competitors in Raw Copper were:
In 2023, Nigeria's main importing competitors in Raw Copper were:
China $6.13B
India $2.05B

Explore Visualizations

Trade Value of Raw Copper by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $16.2M
TOP IMPORT POTENTIALNetherlands+ $9.65k

Raw Copper’s highest export potential is China. With an export gap of $16.2M.   Raw Copper’s highest import potential is Netherlands with an import gap of $9.65k.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with