2023
Exports
$293MWorld Rnk 4 / 178
Flag Rnk 8 / 1096
2023
PRODUCT COMPLEXITY IN Other Mineral
-1.39Rnk 923 / 1025
2023
Imports
$2.36MWorld Rnk 64 / 202
Flag Rnk 696 / 1184
2023
ECONOMIC COMPLEXITY of Nigeria
-1.75Rnk 129 / 132

About

Exports In 2023, Nigeria exported $293M in Other Mineral, making it the 4th largest exporter of Other Mineral in the world. At the same year, Other Mineral was the 8th most exported product in Nigeria. The main destination of Other Mineral exports from Nigeria are: China ($293M), United Kingdom ($10.5k), Benin ($4.47k), Netherlands ($1.64k), and Canada ($1.33k).

The fastest growing export markets for Other Mineral of Nigeria between 2022 and 2023 were China ($211M), United Kingdom ($10.5k), and Canada ($868).

Imports In 2023, Nigeria imported $2.36M in Other Mineral, becoming the 64th largest importer of Other Mineral in the world. At the same year, Other Mineral was the 696th most imported product in Nigeria. Nigeria imports Other Mineral primarily from: Spain ($770k), Malaysia ($653k), China ($520k), Italy ($180k), and Czechia ($110k).

The fastest growing import markets in Other Mineral for Nigeria between 2022 and 2023 were Malaysia ($653k), France ($19k), and Slovakia ($17.8k).

Latest Trends

Jan 2025

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 Mineral. 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)$293M
IMPORTS (2023)$2.36M
NET TRADE (2023)$290M

In 2023, Nigeria exported $293M in Other Mineral. The main destinations of Nigeria exports on Other Mineral were China ($293M), United Kingdom ($10.5k), Benin ($4.47k), Netherlands ($1.64k), and Canada ($1.33k).

In 2023, Nigeria imported $2.36M in Other Mineral, mainly from Spain ($770k), Malaysia ($653k), China ($520k), Italy ($180k), and Czechia ($110k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Other Mineral EXPORT MARKETS FOR Nigeria WERE (2022 - 2023):
China$211M (259%)
United Kingdom$10.5k (1%)
Canada$868 (189%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Mineral BY Nigeria WERE (2022 - 2023):
Netherlands-$107k (-98.5%)
United States-$36.2k (-100%)
Benin-$14.4k (-76.3%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Nigeria's main exporting competitors in Other Mineral were:
In 2023, Nigeria's main importing competitors in Other Mineral were:

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Trade Value of Other Mineral by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $23.4M
TOP IMPORT POTENTIALChina+ $276k

Other Mineral’s highest export potential is China. With an export gap of $23.4M.   Other Mineral’s highest import potential is China with an import gap of $276k.

See methodology.

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