2023
Exports
$692World Rnk 66 / 70
Flag Rnk 943 / 1096
2023
PRODUCT COMPLEXITY IN Molybdenum Ore
-0.81Rnk 785 / 1025
2023
Imports
$38.3kWorld Rnk 47 / 71
Flag Rnk 1091 / 1184
2023
ECONOMIC COMPLEXITY of Nigeria
-1.75Rnk 129 / 132

About

Exports In 2023, Nigeria exported $692 in Molybdenum Ore, making it the 66th largest exporter of Molybdenum Ore in the world. At the same year, Molybdenum Ore was the 943rd most exported product in Nigeria. The main destination of Molybdenum Ore exports from Nigeria are: Netherlands ($692).

The fastest growing export markets for Molybdenum Ore of Nigeria between 2022 and 2023 were Netherlands ($418).

Imports In 2023, Nigeria imported $38.3k in Molybdenum Ore, becoming the 47th largest importer of Molybdenum Ore in the world. At the same year, Molybdenum Ore was the 1091st most imported product in Nigeria. Nigeria imports Molybdenum Ore primarily from: South Korea ($38.3k).

The fastest growing import markets in Molybdenum Ore for Nigeria between N/A and 2023 were South Korea ($38.3k).

Historical Data

Trade Balance

Color
EXPORTS (2023)$692
IMPORTS (2023)$38.3k
NET TRADE (2023)-$37.6k

In 2023, Nigeria exported $692 in Molybdenum Ore. The main destinations of Nigeria exports on Molybdenum Ore were Netherlands ($692).

In 2023, Nigeria imported $38.3k in Molybdenum Ore, mainly from South Korea ($38.3k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Molybdenum Ore EXPORT MARKETS FOR Nigeria WERE (2022 - 2023):Netherlands$418 (153%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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

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Trade Value of Molybdenum Ore by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALNetherlands+ $1.06k
TOP IMPORT POTENTIALUnited States+ $518

Molybdenum Ore’s highest export potential is Netherlands. With an export gap of $1.06k.   Molybdenum Ore’s highest import potential is United States with an import gap of $518.

See methodology.

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