2023
Exports
$26.6kWorld Rnk 75 / 111
Flag Rnk 593 / 1096
falsefalse India
2023
PRODUCT COMPLEXITY IN Aluminium Oxide
-1.13Rnk 863 / 1025
2023
Imports
$5.51MWorld Rnk 70 / 179
Flag Rnk 549 / 1184
2023
ECONOMIC COMPLEXITY of Nigeria
-1.75Rnk 129 / 132

About

Exports In 2023, Nigeria exported $26.6k in Aluminium Oxide, making it the 75th largest exporter of Aluminium Oxide in the world. At the same year, Aluminium Oxide was the 593rd most exported product in Nigeria. The main destination of Aluminium Oxide exports from Nigeria are: India ($26.6k).

Imports In 2023, Nigeria imported $5.51M in Aluminium Oxide, becoming the 70th largest importer of Aluminium Oxide in the world. At the same year, Aluminium Oxide was the 549th most imported product in Nigeria. Nigeria imports Aluminium Oxide primarily from: Canada ($2.78M), China ($1.66M), India ($828k), Germany ($71.7k), and United States ($56.3k).

The fastest growing import markets in Aluminium Oxide for Nigeria between 2022 and 2023 were Canada ($1.87M), China ($471k), and India ($155k).

Latest Trends

Dec 2024

Subnational Monthly Trade

View
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 Aluminium Oxide. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

Explore Latest Trends

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2023)$26.6k
IMPORTS (2023)$5.51M
NET TRADE (2023)-$5.48M

In 2023, Nigeria exported $26.6k in Aluminium Oxide. The main destinations of Nigeria exports on Aluminium Oxide were India ($26.6k).

In 2023, Nigeria imported $5.51M in Aluminium Oxide, mainly from Canada ($2.78M), China ($1.66M), India ($828k), Germany ($71.7k), and United States ($56.3k).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Aluminium Oxide BY Nigeria WERE (2022 - 2023):
India-$19.6k (-42.4%)
France-$215 (-100%)
South Africa-$7 (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Nigeria's main exporting competitors in Aluminium Oxide were:
Brazil $2.94B
China $1.57B
In 2023, Nigeria's main importing competitors in Aluminium Oxide were:
Canada $1.63B
Russia $1.33B
Bahrain $1.19B

Explore Visualizations

Trade Value of Aluminium Oxide by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $83k
TOP IMPORT POTENTIALChina+ $915k

Aluminium Oxide’s highest export potential is India. With an export gap of $83k.   Aluminium Oxide’s highest import potential is China with an import gap of $915k.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with