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2022
Exports $601kWorld Rnk 41 / 94
Flag Rnk 234 / 1077
2022
Destination $239k Spain
2021 - 2022
FASTEST GROWING MARKET $239kSpain
2022
PRODUCT COMPLEXITY IN Copper Powder0.81Rnk 242 / 1025
2022
Imports $107kWorld Rnk 74 / 148
Flag Rnk 1025 / 1182
2022
Origin $21.5k Brazil
2021 - 2022
FASTEST GROWING ORIGIN $21.5kBrazil
2022
ECONOMIC COMPLEXITY of Nigeria-1.67Rnk 127 / 133

About

Exports In 2022, Nigeria exported $601k in Copper Powder, making it the 41st largest exporter of Copper Powder in the world. At the same year, Copper Powder was the 234th most exported product in Nigeria. The main destination of Copper Powder exports from Nigeria are: Spain ($515k) and Malaysia ($85.8k).

The fastest growing export markets for Copper Powder of Nigeria between 2021 and 2022 were Spain ($239k) and Malaysia ($85.8k).

Imports In 2022, Nigeria imported $107k in Copper Powder, becoming the 74th largest importer of Copper Powder in the world. At the same year, Copper Powder was the 1025th most imported product in Nigeria. Nigeria imports Copper Powder primarily from: Brazil ($76.2k), Germany ($20.9k), India ($7.42k), and Turkey ($2.38k).

The fastest growing import markets in Copper Powder for Nigeria between 2021 and 2022 were Brazil ($21.5k), India ($5.31k), and Turkey ($2.38k).

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 Copper Powder. 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)$601k
IMPORTS (2022)$107k
NET TRADE (2022)$494k

In 2022, Nigeria exported $601k in Copper Powder. The main destinations of Nigeria exports on Copper Powder were Spain ($515k) and Malaysia ($85.8k).

In 2022, Nigeria imported $107k in Copper Powder, mainly from Brazil ($76.2k), Germany ($20.9k), India ($7.42k), and Turkey ($2.38k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Copper Powder EXPORT MARKETS FOR Nigeria WERE (2021 - 2022):
Spain$239k (86.5%)
Malaysia$85.8k (1%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Nigeria's main exporting competitors in Copper Powder were:
Malaysia $664M
United States $154M
Germany $132M
In 2022, Nigeria's main importing competitors in Copper Powder were:
China $641M
Malaysia $250M
Germany $84.3M

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Trade Value of Copper Powder by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALMalaysia+ $81.8k
TOP IMPORT POTENTIALGermany+ $22.5k

Copper Powder’s highest export potential is Malaysia. With an export gap of $81.8k.   Copper Powder’s highest import potential is Germany with an import gap of $22.5k.

See methodology.

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