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Exports In 2022, Nigeria exported $6 in Boron, making it the 88th largest exporter of Boron in the world. At the same year, Boron was the 1066th most exported product in Nigeria. The main destination of Boron exports from Nigeria are: South Africa ($6).

The fastest growing export markets for Boron of Nigeria between 2021 and 2022 were South Africa ($6).

Imports In 2022, Nigeria imported $1.25M in Boron, becoming the 48th largest importer of Boron in the world. At the same year, Boron was the 791st most imported product in Nigeria. Nigeria imports Boron primarily from: Turkey ($423k), China ($407k), India ($385k), United States ($28.8k), and United Kingdom ($7.75k).

The fastest growing import markets in Boron for Nigeria between 2021 and 2022 were China ($402k), Turkey ($275k), and India ($120k).

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 Boron. 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)$6
IMPORTS (2022)$1.25M
NET TRADE (2022)-$1.25M

In 2022, Nigeria exported $6 in Boron. The main destinations of Nigeria exports on Boron were South Africa ($6).

In 2022, Nigeria imported $1.25M in Boron, mainly from Turkey ($423k), China ($407k), India ($385k), United States ($28.8k), and United Kingdom ($7.75k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Boron EXPORT MARKETS FOR Nigeria WERE (2021 - 2022):South Africa$6 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Boron BY Nigeria WERE (2021 - 2022):China-$25.2k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Nigeria's main exporting competitors in Boron were:
In 2022, Nigeria's main importing competitors in Boron were:

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Trade Value of Boron by Exporters

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALChina+ $513
TOP IMPORT POTENTIALTurkey+ $111k

Boron’s highest export potential is China. With an export gap of $513.   Boron’s highest import potential is Turkey with an import gap of $111k.

See methodology.

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