2021
Exports
$4.8kWorld Rnk 0 / 0
Flag Rnk 0 / 0
falsefalseN/A
2022
PRODUCT COMPLEXITY IN Cermets
1.9Rnk 12 / 1025
2021
Imports
$93.2kWorld Rnk 75 / 136
Flag Rnk 1034 / 1182
2022
ECONOMIC COMPLEXITY of Nigeria
-1.67Rnk 127 / 133

About

Imports In 2022, Nigeria imported $93.2k in Cermets, becoming the 75th largest importer of Cermets in the world. At the same year, Cermets was the 1034th most imported product in Nigeria. Nigeria imports Cermets primarily from: United Arab Emirates ($65.6k), United Kingdom ($11.8k), United States ($10.3k), Italy ($2.73k), and India ($2.38k).

The fastest growing import markets in Cermets for Nigeria between 2021 and 2022 were United Arab Emirates ($65.1k), United Kingdom ($11.8k), and United States ($8.31k).

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 Cermets. 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 (2021)$4.8k
IMPORTS (2022)$93.2k
NET TRADE (2022)-$93.2k

In 2022, Nigeria imported $93.2k in Cermets, mainly from United Arab Emirates ($65.6k), United Kingdom ($11.8k), United States ($10.3k), Italy ($2.73k), and India ($2.38k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cermets BY Nigeria WERE (N/A - 2021):
Netherlands-$2.93k (-100%)
Ecuador-$618 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Cermets by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $433
TOP IMPORT POTENTIALUnited States+ $14.5k

Cermets’s highest export potential is United States. With an export gap of $433.   Cermets’s highest import potential is United States with an import gap of $14.5k.

See methodology.

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