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Exports In 2023, Nigeria exported $6.92M in Mica, making it the 9th largest exporter of Mica in the world. At the same year, Mica was the 82nd most exported product in Nigeria. The main destination of Mica exports from Nigeria are: China ($6.85M), India ($48.4k), Niger ($7.38k), Hong Kong ($5.88k), and Austria ($3.69k).

The fastest growing export markets for Mica of Nigeria between 2022 and 2023 were India ($32.3k), Niger ($7.07k), and Hong Kong ($5.88k).

Imports In 2018, Nigeria imported $154k in Mica, becoming the 61st largest importer of Mica in the world. At the same year, Mica was the 1009th most imported product in Nigeria. Nigeria imports Mica primarily from: India ($85.8k), United States ($40k), Austria ($22.2k), China ($3.15k), and Turkey ($1.52k).

The fastest growing import markets in Mica for Nigeria between 2022 and 2023 were India ($58.9k), United States ($39.9k), and Austria ($22.2k).

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 Mica. 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)$6.92M
IMPORTS (2023)$154k
NET TRADE (2023)$6.77M

In 2023, Nigeria exported $6.92M in Mica. The main destinations of Nigeria exports on Mica were China ($6.85M), India ($48.4k), Niger ($7.38k), Hong Kong ($5.88k), and Austria ($3.69k).

In 2023, Nigeria imported $154k in Mica, mainly from India ($85.8k), United States ($40k), Austria ($22.2k), China ($3.15k), and Turkey ($1.52k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Mica EXPORT MARKETS FOR Nigeria WERE (2022 - 2023):
India$32.3k (201%)
Niger$7.07k (2.27k%)
Hong Kong$5.88k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Mica BY Nigeria WERE (2022 - 2023):
China-$250k (-3.52%)
Japan-$1.69k (-100%)
Ireland-$296 (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Nigeria's main exporting competitors in Mica were:
China $48.6M
India $48.5M
In 2023, Nigeria's main importing competitors in Mica were:
China $60.9M
Japan $40.1M

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Trade Value of Mica by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALIndia+ $36.7k
TOP IMPORT POTENTIALIndia+ $20.5k

Mica’s highest export potential is India. With an export gap of $36.7k.   Mica’s highest import potential is India with an import gap of $20.5k.

See methodology.

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