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2023
Exports $13.8kWorld Rnk 79 / 101
Flag Rnk 687 / 1096
2023
Destination $11.6k Niger
2022 - 2023
FASTEST GROWING MARKET $11.6kNiger
2023
PRODUCT COMPLEXITY IN Phosphatic Fertilizers-1.36Rnk 916 / 1025
2023
Imports $4.81MWorld Rnk 46 / 176
Flag Rnk 577 / 1184
2023
Origin $4.6M Spain
2022 - 2023
FASTEST GROWING ORIGIN $4.6MSpain
2023
ECONOMIC COMPLEXITY of Nigeria-1.75Rnk 129 / 132

About

Exports In 2023, Nigeria exported $13.8k in Phosphatic Fertilizers, making it the 79th largest exporter of Phosphatic Fertilizers in the world. At the same year, Phosphatic Fertilizers was the 687th most exported product in Nigeria. The main destination of Phosphatic Fertilizers exports from Nigeria are: Niger ($11.6k) and Burkina Faso ($2.2k).

The fastest growing export markets for Phosphatic Fertilizers of Nigeria between 2022 and 2023 were Niger ($11.6k).

Imports In 2023, Nigeria imported $4.81M in Phosphatic Fertilizers, becoming the 46th largest importer of Phosphatic Fertilizers in the world. At the same year, Phosphatic Fertilizers was the 577th most imported product in Nigeria. Nigeria imports Phosphatic Fertilizers primarily from: Spain ($4.6M), Morocco ($113k), Bulgaria ($95.1k), and India ($1.74k).

The fastest growing import markets in Phosphatic Fertilizers for Nigeria between 2022 and 2023 were Spain ($4.6M), Morocco ($113k), and Bulgaria ($95.1k).

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 Phosphatic Fertilizers. 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)$13.8k
IMPORTS (2023)$4.81M
NET TRADE (2023)-$4.79M

In 2023, Nigeria exported $13.8k in Phosphatic Fertilizers. The main destinations of Nigeria exports on Phosphatic Fertilizers were Niger ($11.6k) and Burkina Faso ($2.2k).

In 2023, Nigeria imported $4.81M in Phosphatic Fertilizers, mainly from Spain ($4.6M), Morocco ($113k), Bulgaria ($95.1k), and India ($1.74k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Phosphatic Fertilizers EXPORT MARKETS FOR Nigeria WERE (2022 - 2023):Niger$11.6k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Phosphatic Fertilizers BY Nigeria WERE (2022 - 2023):Burkina Faso-$7.22k (-76.6%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Nigeria's main exporting competitors in Phosphatic Fertilizers were:
Morocco $713M
China $453M
Egypt $428M
In 2023, Nigeria's main importing competitors in Phosphatic Fertilizers were:
Brazil $948M
United States $282M
Bangladesh $249M

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Trade Value of Phosphatic Fertilizers by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALBrazil+ $1.07k
TOP IMPORT POTENTIALMorocco+ $719

Phosphatic Fertilizers’s highest export potential is Brazil. With an export gap of $1.07k.   Phosphatic Fertilizers’s highest import potential is Morocco with an import gap of $719.

See methodology.

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