2022
Exports
$57.6kWorld Rnk 121 / 184
Flag Rnk 492 / 1077
2022
PRODUCT COMPLEXITY IN Salt
-1.11Rnk 857 / 1025
2022
Imports
$33.9MWorld Rnk 30 / 222
Flag Rnk 255 / 1182
2022
ECONOMIC COMPLEXITY of Nigeria
-1.67Rnk 127 / 133

About

Exports In 2022, Nigeria exported $57.6k in Salt, making it the 121st largest exporter of Salt in the world. At the same year, Salt was the 492nd most exported product in Nigeria. The main destination of Salt exports from Nigeria are: Niger ($18.5k), Benin ($16.2k), Central African Republic ($12k), Cote d'Ivoire ($8.15k), and Togo ($2.08k).

The fastest growing export markets for Salt of Nigeria between 2021 and 2022 were Benin ($16k), Cote d'Ivoire ($8.15k), and Togo ($2.08k).

Imports In 2022, Nigeria imported $33.9M in Salt, becoming the 30th largest importer of Salt in the world. At the same year, Salt was the 255th most imported product in Nigeria. Nigeria imports Salt primarily from: Brazil ($19.4M), Namibia ($10.9M), Tunisia ($1.15M), United Kingdom ($967k), and Ireland ($738k).

The fastest growing import markets in Salt for Nigeria between 2021 and 2022 were Brazil ($15.5M), Namibia ($3.75M), and Ireland ($575k).

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 Salt. 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)$57.6k
IMPORTS (2022)$33.9M
NET TRADE (2022)-$33.9M

In 2022, Nigeria exported $57.6k in Salt. The main destinations of Nigeria exports on Salt were Niger ($18.5k), Benin ($16.2k), Central African Republic ($12k), Cote d'Ivoire ($8.15k), and Togo ($2.08k).

In 2022, Nigeria imported $33.9M in Salt, mainly from Brazil ($19.4M), Namibia ($10.9M), Tunisia ($1.15M), United Kingdom ($967k), and Ireland ($738k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Salt EXPORT MARKETS FOR Nigeria WERE (2021 - 2022):
Benin$16k (13.4k%)
Cote d'Ivoire$8.15k (1%)
Togo$2.08k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Salt BY Nigeria WERE (2021 - 2022):
Niger-$18k (-49.4%)
Cameroon-$7.67k (-100%)
Central African Republic-$6.33k (-34.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Salt by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALBenin+ $7.67k
TOP IMPORT POTENTIALUnited Kingdom+ $465k

Salt’s highest export potential is Benin. With an export gap of $7.67k.   Salt’s highest import potential is United Kingdom with an import gap of $465k.

See methodology.

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