2023
Exports
$87.5MWorld Rnk 12 / 99
Flag Rnk 20 / 1096
falsefalse China
2023
PRODUCT COMPLEXITY IN Lead Ore
-1.47Rnk 941 / 1025
2023
Imports
$160World Rnk 0 / 0
Flag Rnk 0 / 0
2023
ECONOMIC COMPLEXITY of Nigeria
-1.75Rnk 129 / 132

About

Exports In 2023, Nigeria exported $87.5M in Lead Ore, making it the 12th largest exporter of Lead Ore in the world. At the same year, Lead Ore was the 20th most exported product in Nigeria. The main destination of Lead Ore exports from Nigeria are: China ($75.9M), Belgium ($11.2M), Spain ($162k), Vietnam ($134k), and Malaysia ($77.9k).

The fastest growing export markets for Lead Ore of Nigeria between 2022 and 2023 were Belgium ($11.2M), Spain ($162k), and Vietnam ($134k).

Imports In 2022, Nigeria imported $160 in Lead Ore, becoming the 0th largest importer of Lead Ore in the world. At the same year, Lead Ore was the 0th most imported product in Nigeria. Nigeria imports Lead Ore primarily from: N/A.

Historical Data

Trade Balance

Color
EXPORTS (2023)$87.5M
IMPORTS (2022)$160
NET TRADE (2023)$87.5M

In 2023, Nigeria exported $87.5M in Lead Ore. The main destinations of Nigeria exports on Lead Ore were China ($75.9M), Belgium ($11.2M), Spain ($162k), Vietnam ($134k), and Malaysia ($77.9k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Lead Ore EXPORT MARKETS FOR Nigeria WERE (2022 - 2023):
Belgium$11.2M (1%)
Spain$162k (1%)
Vietnam$134k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Lead Ore BY Nigeria WERE (2022 - 2023):
China-$18.7M (-19.7%)
South Korea-$269k (-100%)
Malaysia-$151k (-66%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Nigeria's main exporting competitors in Lead Ore were:
In 2023, Nigeria's main importing competitors in Lead Ore were:

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Trade Value of Lead Ore by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $13.3M
TOP IMPORT POTENTIALUnited States+ $587

Lead Ore’s highest export potential is China. With an export gap of $13.3M.   Lead Ore’s highest import potential is United States with an import gap of $587.

See methodology.

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