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2022
Exports $10.6kWorld Rnk 86 / 112
Flag Rnk 685 / 1077
2022
Destination $5.59k Niger
2021 - 2022
FASTEST GROWING MARKET $5.59kNiger
2022
PRODUCT COMPLEXITY IN Sulfuric Acid-0.29Rnk 647 / 1025
2022
Imports $240kWorld Rnk 116 / 188
Flag Rnk 975 / 1182
2022
Origin $76.7k Netherlands
2021 - 2022
FASTEST GROWING ORIGIN $76.7kNetherlands
2022
ECONOMIC COMPLEXITY of Nigeria-1.67Rnk 127 / 133

About

Exports In 2022, Nigeria exported $10.6k in Sulfuric Acid, making it the 86th largest exporter of Sulfuric Acid in the world. At the same year, Sulfuric Acid was the 685th most exported product in Nigeria. The main destination of Sulfuric Acid exports from Nigeria are: Niger ($10k), Benin ($449), and Sao Tome and Principe ($100).

The fastest growing export markets for Sulfuric Acid of Nigeria between 2021 and 2022 were Niger ($5.59k) and Sao Tome and Principe ($100).

Imports In 2022, Nigeria imported $240k in Sulfuric Acid, becoming the 116th largest importer of Sulfuric Acid in the world. At the same year, Sulfuric Acid was the 975th most imported product in Nigeria. Nigeria imports Sulfuric Acid primarily from: Netherlands ($180k), Belgium ($34.4k), China ($17.7k), Switzerland ($5.9k), and India ($1.2k).

The fastest growing import markets in Sulfuric Acid for Nigeria between 2021 and 2022 were Netherlands ($76.7k), Belgium ($34.3k), and China ($17.3k).

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 Sulfuric Acid. 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)$10.6k
IMPORTS (2022)$240k
NET TRADE (2022)-$230k

In 2022, Nigeria exported $10.6k in Sulfuric Acid. The main destinations of Nigeria exports on Sulfuric Acid were Niger ($10k), Benin ($449), and Sao Tome and Principe ($100).

In 2022, Nigeria imported $240k in Sulfuric Acid, mainly from Netherlands ($180k), Belgium ($34.4k), China ($17.7k), Switzerland ($5.9k), and India ($1.2k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Sulfuric Acid EXPORT MARKETS FOR Nigeria WERE (2021 - 2022):
Niger$5.59k (126%)
Sao Tome and Principe$100 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Sulfuric Acid BY Nigeria WERE (2021 - 2022):
China-$44.1k (-100%)
Ghana-$19k (-100%)
Ukraine-$12.1k (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Nigeria's main exporting competitors in Sulfuric Acid were:
China $638M
South Korea $321M
Japan $301M
In 2022, Nigeria's main importing competitors in Sulfuric Acid were:
Chile $754M
United States $459M
Morocco $201M

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Trade Value of Sulfuric Acid by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.16k
TOP IMPORT POTENTIALChina+ $46.2k

Sulfuric Acid’s highest export potential is United States. With an export gap of $1.16k.   Sulfuric Acid’s highest import potential is China with an import gap of $46.2k.

See methodology.

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