2022
Exports
$46.5kWorld Rnk 75 / 113
Flag Rnk 519 / 1077
2022
PRODUCT COMPLEXITY IN Aluminium Oxide
-1.13Rnk 865 / 1025
2022
Imports
$3.39MWorld Rnk 79 / 182
Flag Rnk 651 / 1182
2022
ECONOMIC COMPLEXITY of Nigeria
-1.67Rnk 127 / 133

About

Exports In 2022, Nigeria exported $46.5k in Aluminium Oxide, making it the 75th largest exporter of Aluminium Oxide in the world. At the same year, Aluminium Oxide was the 519th most exported product in Nigeria. The main destination of Aluminium Oxide exports from Nigeria are: India ($46.2k), France ($215), and South Africa ($7).

The fastest growing export markets for Aluminium Oxide of Nigeria between N/A and 2022 were India ($46.2k), France ($215), and South Africa ($7).

Imports In 2022, Nigeria imported $3.39M in Aluminium Oxide, becoming the 79th largest importer of Aluminium Oxide in the world. At the same year, Aluminium Oxide was the 651st most imported product in Nigeria. Nigeria imports Aluminium Oxide primarily from: China ($1.31M), Canada ($854k), India ($722k), Germany ($346k), and Italy ($49k).

The fastest growing import markets in Aluminium Oxide for Nigeria between 2021 and 2022 were Germany ($323k), United Kingdom ($38.4k), and Italy ($7.02k).

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 Aluminium Oxide. 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)$46.5k
IMPORTS (2022)$3.39M
NET TRADE (2022)-$3.34M

In 2022, Nigeria exported $46.5k in Aluminium Oxide. The main destinations of Nigeria exports on Aluminium Oxide were India ($46.2k), France ($215), and South Africa ($7).

In 2022, Nigeria imported $3.39M in Aluminium Oxide, mainly from China ($1.31M), Canada ($854k), India ($722k), Germany ($346k), and Italy ($49k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Aluminium Oxide EXPORT MARKETS FOR Nigeria WERE (N/A - 2022):
India$46.2k (1%)
France$215 (1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Nigeria's main exporting competitors in Aluminium Oxide were:
Brazil $3.39B
China $1.84B
In 2022, Nigeria's main importing competitors in Aluminium Oxide were:

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Trade Value of Aluminium Oxide by Exporters

Potential Exports

Potential Exports

Flow
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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.

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