2022
Exports
$88.9kWorld Rnk 60 / 98
Flag Rnk 437 / 1077
2022
PRODUCT COMPLEXITY IN Other Metals
0.17Rnk 497 / 1025
2022
Imports
$107kWorld Rnk 82 / 160
Flag Rnk 1026 / 1182
2022
ECONOMIC COMPLEXITY of Nigeria
-1.67Rnk 127 / 133

About

Exports In 2022, Nigeria exported $88.9k in Other Metals, making it the 60th largest exporter of Other Metals in the world. At the same year, Other Metals was the 437th most exported product in Nigeria. The main destination of Other Metals exports from Nigeria are: China ($88.4k) and Netherlands ($478).

The fastest growing export markets for Other Metals of Nigeria between 2021 and 2022 were China ($42.9k) and Netherlands ($478).

Imports In 2022, Nigeria imported $107k in Other Metals, becoming the 82nd largest importer of Other Metals in the world. At the same year, Other Metals was the 1026th most imported product in Nigeria. Nigeria imports Other Metals primarily from: United States ($95.9k), Austria ($4.66k), Germany ($4.42k), Italy ($1.48k), and India ($275).

The fastest growing import markets in Other Metals for Nigeria between 2021 and 2022 were United States ($73.6k), Austria ($4.66k), and Germany ($4.42k).

Latest Trends

Jul 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 Metals. 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 (2022)$88.9k
IMPORTS (2022)$107k
NET TRADE (2022)-$17.9k

In 2022, Nigeria exported $88.9k in Other Metals. The main destinations of Nigeria exports on Other Metals were China ($88.4k) and Netherlands ($478).

In 2022, Nigeria imported $107k in Other Metals, mainly from United States ($95.9k), Austria ($4.66k), Germany ($4.42k), Italy ($1.48k), and India ($275).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Metals EXPORT MARKETS FOR Nigeria WERE (2021 - 2022):
China$42.9k (94.2%)
Netherlands$478 (1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Nigeria's main exporting competitors in Other Metals were:
In 2022, Nigeria's main importing competitors in Other Metals were:

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Trade Value of Other Metals by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $77.6k
TOP IMPORT POTENTIALUnited States+ $43.7k

Other Metals’s highest export potential is China. With an export gap of $77.6k.   Other Metals’s highest import potential is United States with an import gap of $43.7k.

See methodology.

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