2023
Exports
$1.37kWorld Rnk 108 / 127
Flag Rnk 885 / 1096
2023
PRODUCT COMPLEXITY IN Coal Tar Oil
-0.02Rnk 567 / 1025
2023
Imports
$10.9MWorld Rnk 70 / 187
Flag Rnk 422 / 1184
2023
ECONOMIC COMPLEXITY of Nigeria
-1.75Rnk 129 / 132

About

Exports In 2023, Nigeria exported $1.37k in Coal Tar Oil, making it the 108th largest exporter of Coal Tar Oil in the world. At the same year, Coal Tar Oil was the 885th most exported product in Nigeria. The main destination of Coal Tar Oil exports from Nigeria are: Niger ($1.21k), Netherlands ($82), Canada ($62), Ireland ($15), and Lesotho ($6).

The fastest growing export markets for Coal Tar Oil of Nigeria between 2022 and 2023 were Canada ($43), Ireland ($15), and Lesotho ($6).

Imports In 2023, Nigeria imported $10.9M in Coal Tar Oil, becoming the 70th largest importer of Coal Tar Oil in the world. At the same year, Coal Tar Oil was the 422nd most imported product in Nigeria. Nigeria imports Coal Tar Oil primarily from: Sweden ($4.44M), India ($1.77M), South Korea ($1.05M), China ($758k), and United States ($714k).

The fastest growing import markets in Coal Tar Oil for Nigeria between 2022 and 2023 were India ($1.48M), United States ($569k), and China ($532k).

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 Coal Tar Oil. 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)$1.37k
IMPORTS (2023)$10.9M
NET TRADE (2023)-$10.9M

In 2023, Nigeria exported $1.37k in Coal Tar Oil. The main destinations of Nigeria exports on Coal Tar Oil were Niger ($1.21k), Netherlands ($82), Canada ($62), Ireland ($15), and Lesotho ($6).

In 2023, Nigeria imported $10.9M in Coal Tar Oil, mainly from Sweden ($4.44M), India ($1.77M), South Korea ($1.05M), China ($758k), and United States ($714k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Coal Tar Oil EXPORT MARKETS FOR Nigeria WERE (2022 - 2023):
Canada$43 (226%)
Ireland$15 (1%)
Lesotho$6 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Coal Tar Oil BY Nigeria WERE (2022 - 2023):
Netherlands-$2.08M (-100%)
Belgium-$77.3k (-100%)
Niger-$4.69k (-79.5%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Nigeria's main exporting competitors in Coal Tar Oil were:
In 2023, Nigeria's main importing competitors in Coal Tar Oil were:

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Trade Value of Coal Tar Oil by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALNetherlands+ $1.32M
TOP IMPORT POTENTIALSouth Korea+ $1.09M

Coal Tar Oil’s highest export potential is Netherlands. With an export gap of $1.32M.   Coal Tar Oil’s highest import potential is South Korea with an import gap of $1.09M.

See methodology.

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