The fastest growing export markets for Magnesium of Nigeria between 2021 and 2022 were Netherlands ($213k), India ($111k), and United States ($105k).
Imports In 2022, Nigeria imported $2.95M in Magnesium, becoming the 57th largest importer of Magnesium in the world. At the same year, Magnesium was the 671st most imported product in Nigeria. Nigeria imports Magnesium primarily from: China ($2.8M), Italy ($64.5k), United Kingdom ($45.3k), United States ($23.4k), and United Arab Emirates ($13k).
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 Magnesium. Countries are shown based on data availability.
* Using January 2020 exchange rates when trade data is reported in local currency.
In 2022, Nigeria imported $2.95M in Magnesium, mainly from China ($2.8M), Italy ($64.5k), United Kingdom ($45.3k), United States ($23.4k), and United Arab Emirates ($13k).
Magnesium’s highest export potential is United States. With an export gap of $324k. Magnesium’s highest import potential is China with an import gap of $1.28M.
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