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2022
Exports $12.6MWorld Rnk 24 / 79
Flag Rnk 68 / 1077
2022
Destination $8.37M China
2021 - 2022
FASTEST GROWING MARKET $8.37MChina
2022
PRODUCT COMPLEXITY IN Titanium Ore-1.88Rnk 987 / 1025
2022
Imports $358kWorld Rnk 60 / 93
Flag Rnk 946 / 1182
2022
Origin $87.7k Netherlands
2021 - 2022
FASTEST GROWING ORIGIN $87.7kThailand
2022
ECONOMIC COMPLEXITY of Nigeria-1.67Rnk 127 / 133

About

Exports In 2022, Nigeria exported $12.6M in Titanium Ore, making it the 24th largest exporter of Titanium Ore in the world. At the same year, Titanium Ore was the 68th most exported product in Nigeria. The main destination of Titanium Ore exports from Nigeria are: China ($12.6M), Thailand ($29.2k), Cote d'Ivoire ($17.3k), and Netherlands ($255).

The fastest growing export markets for Titanium Ore of Nigeria between 2021 and 2022 were China ($8.37M), Thailand ($29.2k), and Cote d'Ivoire ($17.3k).

Imports In 2022, Nigeria imported $358k in Titanium Ore, becoming the 60th largest importer of Titanium Ore in the world. At the same year, Titanium Ore was the 946th most imported product in Nigeria. Nigeria imports Titanium Ore primarily from: Netherlands ($240k), Thailand ($87.7k), India ($19.4k), and South Africa ($10.9k).

The fastest growing import markets in Titanium Ore for Nigeria between 2021 and 2022 were Thailand ($87.7k), South Africa ($10.9k), and India ($4.64k).

Latest Trends

Sep 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 Titanium Ore. 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)$12.6M
IMPORTS (2022)$358k
NET TRADE (2022)$12.3M

In 2022, Nigeria exported $12.6M in Titanium Ore. The main destinations of Nigeria exports on Titanium Ore were China ($12.6M), Thailand ($29.2k), Cote d'Ivoire ($17.3k), and Netherlands ($255).

In 2022, Nigeria imported $358k in Titanium Ore, mainly from Netherlands ($240k), Thailand ($87.7k), India ($19.4k), and South Africa ($10.9k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Titanium Ore EXPORT MARKETS FOR Nigeria WERE (2021 - 2022):
China$8.37M (199%)
Thailand$29.2k (1%)
Cote d'Ivoire$17.3k (1%)
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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 Titanium Ore were:
South Africa $656M
Mozambique $368M
Kenya $290M
In 2022, Nigeria's main importing competitors in Titanium Ore were:
China $557M
United States $525M
Japan $388M

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Trade Value of Titanium Ore by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $3.48M
TOP IMPORT POTENTIALIndia+ $39.6k

Titanium Ore’s highest export potential is China. With an export gap of $3.48M.   Titanium Ore’s highest import potential is India with an import gap of $39.6k.

See methodology.

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