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Exports In 2022, Nigeria exported $3.63M in Sodium, making it the 3rd largest exporter of Sodium in the world. At the same year, Sodium was the 141st most exported product in Nigeria. The main destination of Sodium exports from Nigeria are: Malaysia ($1.84M), China ($1.74M), and India ($48.7k).

The fastest growing export markets for Sodium of Nigeria between 2021 and 2022 were Malaysia ($1.51M) and India ($48.7k).

Imports In 2022, Nigeria imported $1.4M in Sodium, becoming the 15th largest importer of Sodium in the world. At the same year, Sodium was the 1904th most imported product in Nigeria. Nigeria imports Sodium primarily from: China ($741k), Belgium ($519k), United Kingdom ($104k), Italy ($23.9k), and India ($9.36k).

The fastest growing import markets in Sodium for Nigeria between 2021 and 2022 were China ($674k), Belgium ($508k), and United Kingdom ($104k).

COMPANIES In 2023, leading companies such as RHI Magnesita (6), Ford Motor Company (2), and Barry Callebaut (2) were at the forefront of shipping Sodium from Nigeria to the United States.

Latest Trends

Jul 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 Sodium. 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)$3.63M
IMPORTS (2022)$1.4M
NET TRADE (2022)$2.23M

In 2022, Nigeria exported $3.63M in Sodium. The main destinations of Nigeria exports on Sodium were Malaysia ($1.84M), China ($1.74M), and India ($48.7k).

In 2022, Nigeria imported $1.4M in Sodium, mainly from China ($741k), Belgium ($519k), United Kingdom ($104k), Italy ($23.9k), and India ($9.36k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Sodium EXPORT MARKETS FOR Nigeria WERE (2021 - 2022):
Malaysia$1.51M (457%)
India$48.7k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Sodium BY Nigeria WERE (2021 - 2022):
China-$170k (-8.91%)
Germany-$51.7k (-100%)
United States-$47.6k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Nigeria's main exporting competitors in Sodium were:
France $55.7M
China $40.8M
In 2022, Nigeria's main importing competitors in Sodium were:

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Trade Value of Sodium by Exporters

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