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2021
Exports $9.36kWorld Rnk 0 / 0
Flag Rnk 0 / 0
falsefalseN/A
2022
PRODUCT COMPLEXITY IN Other Copper Products0.88Rnk 214 / 1025
2021
Imports $962kWorld Rnk 67 / 199
Flag Rnk 834 / 1182
2022
ECONOMIC COMPLEXITY of Nigeria-1.67Rnk 127 / 133

About

Imports In 2022, Nigeria imported $962k in Other Copper Products, becoming the 67th largest importer of Other Copper Products in the world. At the same year, Other Copper Products was the 834th most imported product in Nigeria. Nigeria imports Other Copper Products primarily from: China ($828k), Spain ($60.7k), United Kingdom ($49.8k), India ($13.3k), and Benin ($6.33k).

The fastest growing import markets in Other Copper Products for Nigeria between 2021 and 2022 were Spain ($60.4k), Benin ($6.33k), and United Kingdom ($170).

Latest Trends

Sep 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 Other Copper Products. 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 (2021)$9.36k
IMPORTS (2022)$962k
NET TRADE (2022)-$962k

In 2022, Nigeria imported $962k in Other Copper Products, mainly from China ($828k), Spain ($60.7k), United Kingdom ($49.8k), India ($13.3k), and Benin ($6.33k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Copper Products BY Nigeria WERE (N/A - 2021):
Cote d'Ivoire-$5.16k (-100%)
Netherlands-$1.99k (-100%)
Togo-$1.12k (-100%)
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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 Other Copper Products were:
Chinese Taipei $214M
China $172M
Japan $157M
In 2022, Nigeria's main importing competitors in Other Copper Products were:
Chinese Taipei $231M
United States $143M
Germany $62.3M

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Trade Value of Other Copper Products by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALItaly+ $4.31k
TOP IMPORT POTENTIALChina+ $588k

Other Copper Products’s highest export potential is Italy. With an export gap of $4.31k.   Other Copper Products’s highest import potential is China with an import gap of $588k.

See methodology.

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