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Pricing

2021
Exports $362kWorld Rnk 0 / 0
Flag Rnk 0 / 0
falsefalseN/A
2021
Imports $8.12kWorld Rnk 0 / 0
Flag Rnk 0 / 0
2022
ECONOMIC COMPLEXITY of Nigeria-1.67Rnk 127 / 133

About

Imports In 2020, Nigeria imported $8.12k in Cobalt Ore, becoming the 0th largest importer of Cobalt Ore in the world. At the same year, Cobalt Ore was the 0th most imported product in Nigeria. Nigeria imports Cobalt Ore primarily from: N/A.

Historical Data

Trade Balance

Color
EXPORTS (2021)$362k
IMPORTS (2020)$8.12k
NET TRADE (2021)$362k

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Export Destinations (2021)

Import Origins (2021)

Market Growth

Flow
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cobalt Ore BY Nigeria WERE (N/A - 2021):
China-$252k (-100%)
Hong Kong-$110k (-100%)
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Change in Exports by Market (2020 - 2021)

Market Concentration

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Flow
Type
In 2022, Nigeria's main exporting competitors in Cobalt Ore were:
Democratic Republic of the Congo $175M
Austria $16M
South Africa $5.57M
In 2022, Nigeria's main importing competitors in Cobalt Ore were:
China $134M
Morocco $25.5M
Finland $16.2M

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Trade Value of Cobalt Ore by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $431
TOP IMPORT POTENTIALDemocratic Republic of the Congo+ $441

Cobalt Ore’s highest export potential is China. With an export gap of $431.   Cobalt Ore’s highest import potential is Democratic Republic of the Congo with an import gap of $441.

See methodology.

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