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Pricing

2022
Exports $4.81kWorld Rnk 109 / 131
Flag Rnk 782 / 1077
2022
Destination $3.24k Niger
2021 - 2022
FASTEST GROWING MARKET $3.24kNiger
2022
PRODUCT COMPLEXITY IN Asphalt Mixtures-1.14Rnk 867 / 1025
2022
Imports $4.03MWorld Rnk 60 / 210
Flag Rnk 620 / 1182
2022
Origin $3.46M Netherlands
2021 - 2022
FASTEST GROWING ORIGIN $3.46MNetherlands
2022
ECONOMIC COMPLEXITY of Nigeria-1.67Rnk 127 / 133

About

Exports In 2022, Nigeria exported $4.81k in Asphalt Mixtures, making it the 109th largest exporter of Asphalt Mixtures in the world. At the same year, Asphalt Mixtures was the 782nd most exported product in Nigeria. The main destination of Asphalt Mixtures exports from Nigeria are: Niger ($4.1k), Netherlands ($562), and Benin ($151).

The fastest growing export markets for Asphalt Mixtures of Nigeria between 2021 and 2022 were Niger ($3.24k), Netherlands ($494), and Benin ($65).

Imports In 2022, Nigeria imported $4.03M in Asphalt Mixtures, becoming the 60th largest importer of Asphalt Mixtures in the world. At the same year, Asphalt Mixtures was the 620th most imported product in Nigeria. Nigeria imports Asphalt Mixtures primarily from: Netherlands ($3.46M), Germany ($287k), United States ($76.8k), Malaysia ($48.4k), and Egypt ($41.3k).

The fastest growing import markets in Asphalt Mixtures for Nigeria between 2021 and 2022 were Netherlands ($3.46M), Germany ($66.8k), and United Kingdom ($31.9k).

Latest Trends

Aug 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 Asphalt Mixtures. 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)$4.81k
IMPORTS (2022)$4.03M
NET TRADE (2022)-$4.02M

In 2022, Nigeria exported $4.81k in Asphalt Mixtures. The main destinations of Nigeria exports on Asphalt Mixtures were Niger ($4.1k), Netherlands ($562), and Benin ($151).

In 2022, Nigeria imported $4.03M in Asphalt Mixtures, mainly from Netherlands ($3.46M), Germany ($287k), United States ($76.8k), Malaysia ($48.4k), and Egypt ($41.3k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Asphalt Mixtures EXPORT MARKETS FOR Nigeria WERE (2021 - 2022):
Niger$3.24k (380%)
Netherlands$494 (726%)
Benin$65 (75.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Asphalt Mixtures BY Nigeria WERE (2021 - 2022):China-$1.22k (-100%)
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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 Asphalt Mixtures were:
Japan $836M
Canada $150M
United States $136M
In 2022, Nigeria's main importing competitors in Asphalt Mixtures were:
United Kingdom $388M
China $206M
Malaysia $199M

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Trade Value of Asphalt Mixtures by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALNetherlands+ $2.44k
TOP IMPORT POTENTIALGermany+ $169k

Asphalt Mixtures’s highest export potential is Netherlands. With an export gap of $2.44k.   Asphalt Mixtures’s highest import potential is Germany with an import gap of $169k.

See methodology.

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