2022
Exports
$44World Rnk 107 / 112
Flag Rnk 1041 / 1077
2022
PRODUCT COMPLEXITY IN Soapstone
-0.16Rnk 602 / 1025
2022
Imports
$2.53MWorld Rnk 50 / 195
Flag Rnk 695 / 1182
2022
ECONOMIC COMPLEXITY of Nigeria
-1.67Rnk 127 / 133

About

Exports In 2022, Nigeria exported $44 in Soapstone, making it the 107th largest exporter of Soapstone in the world. At the same year, Soapstone was the 1041st most exported product in Nigeria. The main destination of Soapstone exports from Nigeria are: Turkey ($28) and China ($16).

The fastest growing export markets for Soapstone of Nigeria between 2021 and 2022 were Turkey ($28) and China ($16).

Imports In 2022, Nigeria imported $2.53M in Soapstone, becoming the 50th largest importer of Soapstone in the world. At the same year, Soapstone was the 695th most imported product in Nigeria. Nigeria imports Soapstone primarily from: India ($1.61M), Indonesia ($386k), China ($348k), Egypt ($53.1k), and Germany ($47.5k).

The fastest growing import markets in Soapstone for Nigeria between 2021 and 2022 were India ($259k), Egypt ($53.1k), and South Africa ($15.7k).

Latest Trends

Apr 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 Soapstone. 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)$44
IMPORTS (2022)$2.53M
NET TRADE (2022)-$2.53M

In 2022, Nigeria exported $44 in Soapstone. The main destinations of Nigeria exports on Soapstone were Turkey ($28) and China ($16).

In 2022, Nigeria imported $2.53M in Soapstone, mainly from India ($1.61M), Indonesia ($386k), China ($348k), Egypt ($53.1k), and Germany ($47.5k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Soapstone EXPORT MARKETS FOR Nigeria WERE (2021 - 2022):
Turkey$28 (1%)
China$16 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Soapstone BY Nigeria WERE (2021 - 2022):Ireland-$90 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Soapstone by Exporters

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