2021
Exports
$102kWorld Rnk 0 / 0
Flag Rnk 0 / 0
falsefalseN/A
2022
PRODUCT COMPLEXITY IN Tantalum
0.61Rnk 320 / 1025
2021
Imports
$13kWorld Rnk 68 / 114
Flag Rnk 1124 / 1182
2022
ECONOMIC COMPLEXITY of Nigeria
-1.67Rnk 127 / 133

About

Imports In 2022, Nigeria imported $13k in Tantalum, becoming the 68th largest importer of Tantalum in the world. At the same year, Tantalum was the 1124th most imported product in Nigeria. Nigeria imports Tantalum primarily from: South Africa ($5.32k), Italy ($3.88k), and United Kingdom ($3.77k).

The fastest growing import markets in Tantalum for Nigeria between 2021 and 2022 were South Africa ($5.32k), Italy ($3.88k), and United Kingdom ($3.77k).

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 Tantalum. 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 (2021)$102k
IMPORTS (2022)$13k
NET TRADE (2022)-$13k

In 2022, Nigeria imported $13k in Tantalum, mainly from South Africa ($5.32k), Italy ($3.88k), and United Kingdom ($3.77k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tantalum BY Nigeria WERE (N/A - 2021):
China-$101k (-100%)
Niger-$1.67k (-100%)
Netherlands-$77 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Nigeria's main exporting competitors in Tantalum were:
In 2022, Nigeria's main importing competitors in Tantalum were:

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Trade Value of Tantalum by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $527
TOP IMPORT POTENTIALUnited Kingdom+ $3.05k

Tantalum’s highest export potential is United States. With an export gap of $527.   Tantalum’s highest import potential is United Kingdom with an import gap of $3.05k.

See methodology.

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