Zinc Oxide and Peroxide in Nigeria | The Observatory of Economic Complexity

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Exports In 2023, Nigeria exported $5.9M in Zinc Oxide and Peroxide, making it the 29th largest exporter of Zinc Oxide and Peroxide in the world. At the same year, Zinc Oxide and Peroxide was the 90th most exported product in Nigeria. The main destination of Zinc Oxide and Peroxide exports from Nigeria are: China ($5.07M), Vietnam ($541k), Indonesia ($243k), Ghana ($35.3k), and India ($17.8k).

The fastest growing export markets for Zinc Oxide and Peroxide of Nigeria between 2022 and 2023 were China ($3.06M), Vietnam ($221k), and Indonesia ($45.3k).

Imports In 2023, Nigeria imported $1.25M in Zinc Oxide and Peroxide, becoming the 65th largest importer of Zinc Oxide and Peroxide in the world. At the same year, Zinc Oxide and Peroxide was the 782nd most imported product in Nigeria. Nigeria imports Zinc Oxide and Peroxide primarily from: India ($519k), China ($373k), Thailand ($255k), Israel ($43.5k), and Spain ($18.2k).

The fastest growing import markets in Zinc Oxide and Peroxide for Nigeria between 2022 and 2023 were India ($172k), China ($86.2k), and Israel ($32.6k).

Latest Trends

Dec 2024

Subnational Monthly Trade

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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 Zinc Oxide and Peroxide. 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

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Trade Value

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Year

EXPORTS (2023)$5.9M

IMPORTS (2023)$1.25M

NET TRADE (2023)$4.65M

In 2023, Nigeria exported $5.9M in Zinc Oxide and Peroxide. The main destinations of Nigeria exports on Zinc Oxide and Peroxide were China ($5.07M), Vietnam ($541k), Indonesia ($243k), Ghana ($35.3k), and India ($17.8k).

In 2023, Nigeria imported $1.25M in Zinc Oxide and Peroxide, mainly from India ($519k), China ($373k), Thailand ($255k), Israel ($43.5k), and Spain ($18.2k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

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Imports

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THE FASTEST GROWING Zinc Oxide and Peroxide EXPORT MARKETS FOR Nigeria WERE (2022 - 2023):

China$3.06M (152%)

Vietnam$221k (69.1%)

Indonesia$45.3k (23%)

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Zinc Oxide and Peroxide BY Nigeria WERE (2022 - 2023):

United States-$73.8k (-100%)

Singapore-$38.2k (-100%)

India-$18.6k (-51.1%)

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Change in Exports by Market (2022 - 2023)

Market Concentration

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In 2023, Nigeria's main exporting competitors in Zinc Oxide and Peroxide were:

Mexico $224M

Canada $138M

United States $105M

In 2023, Nigeria's main importing competitors in Zinc Oxide and Peroxide were:

United States $312M

Germany $103M

Mexico $82.5M

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Trade Value of Zinc Oxide and Peroxide by Exporters

Potential Exports

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TOP EXPORT POTENTIALChina+ $261k

TOP IMPORT POTENTIALIndia+ $159k

Zinc Oxide and Peroxide’s highest export potential is China. With an export gap of $261k. Zinc Oxide and Peroxide’s highest import potential is India with an import gap of $159k.

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Latest Trends

Subnational Monthly Trade

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Historical Data

Trade Balance

Export Destinations (2023)

Import Origins (2023)

Market Growth

Change in Exports by Market (2022 - 2023)

Market Concentration

Trade Value of Zinc Oxide and Peroxide by Exporters

Potential Exports

Potential Exports

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