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2023
Exports $3.72MWorld Rnk 20 / 74
Flag Rnk 110 / 1096
2023
Destination $2.75M China
2022 - 2023
FASTEST GROWING MARKET $2.75MChina
2023
PRODUCT COMPLEXITY IN Chromium Ore-2.49Rnk 1018 / 1025
2023
Imports $139kWorld Rnk 62 / 107
Flag Rnk 1022 / 1184
2023
Origin $78k China
2022 - 2023
FASTEST GROWING ORIGIN $78kChina
2023
ECONOMIC COMPLEXITY of Nigeria-1.75Rnk 129 / 132

About

Exports In 2023, Nigeria exported $3.72M in Chromium Ore, making it the 20th largest exporter of Chromium Ore in the world. At the same year, Chromium Ore was the 110th most exported product in Nigeria. The main destination of Chromium Ore exports from Nigeria are: China ($3.69M), India ($16k), and Turkey ($7.11k).

The fastest growing export markets for Chromium Ore of Nigeria between 2022 and 2023 were China ($2.75M), India ($16k), and Turkey ($7.11k).

Imports In 2023, Nigeria imported $139k in Chromium Ore, becoming the 62nd largest importer of Chromium Ore in the world. At the same year, Chromium Ore was the 1022nd most imported product in Nigeria. Nigeria imports Chromium Ore primarily from: China ($78k) and South Africa ($60.8k).

The fastest growing import markets in Chromium Ore for Nigeria between 2022 and 2023 were China ($78k) and South Africa ($2.85k).

Latest Trends

Dec 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 Chromium Ore. 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 (2023)$3.72M
IMPORTS (2023)$139k
NET TRADE (2023)$3.58M

In 2023, Nigeria exported $3.72M in Chromium Ore. The main destinations of Nigeria exports on Chromium Ore were China ($3.69M), India ($16k), and Turkey ($7.11k).

In 2023, Nigeria imported $139k in Chromium Ore, mainly from China ($78k) and South Africa ($60.8k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Chromium Ore EXPORT MARKETS FOR Nigeria WERE (2022 - 2023):
China$2.75M (291%)
India$16k (1%)
Turkey$7.11k (1%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Nigeria's main exporting competitors in Chromium Ore were:
South Africa $6.29B
Turkey $422M
Zimbabwe $217M
In 2023, Nigeria's main importing competitors in Chromium Ore were:
China $4.9B
Mozambique $1.69B
Indonesia $227M

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Trade Value of Chromium Ore by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $954k
TOP IMPORT POTENTIALSouth Africa+ $82.3k

Chromium Ore’s highest export potential is China. With an export gap of $954k.   Chromium Ore’s highest import potential is South Africa with an import gap of $82.3k.

See methodology.

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