2023
Exports
$34.2kWorld Rnk 114 / 143
Flag Rnk 565 / 1096
2023
PRODUCT COMPLEXITY IN Sodium or Potassium Peroxides
0.37Rnk 426 / 1025
2023
Imports
$67.6MWorld Rnk 33 / 213
Flag Rnk 129 / 1184
2023
ECONOMIC COMPLEXITY of Nigeria
-1.75Rnk 129 / 132

About

Exports In 2023, Nigeria exported $34.2k in Sodium or Potassium Peroxides, making it the 114th largest exporter of Sodium or Potassium Peroxides in the world. At the same year, Sodium or Potassium Peroxides was the 565th most exported product in Nigeria. The main destination of Sodium or Potassium Peroxides exports from Nigeria are: Benin ($18.1k), Niger ($8.56k), United States ($6.9k), Kenya ($444), and Ireland ($132).

The fastest growing export markets for Sodium or Potassium Peroxides of Nigeria between 2022 and 2023 were Kenya ($444), Ireland ($132), and Canada ($62).

Imports In 2023, Nigeria imported $67.6M in Sodium or Potassium Peroxides, becoming the 33rd largest importer of Sodium or Potassium Peroxides in the world. At the same year, Sodium or Potassium Peroxides was the 129th most imported product in Nigeria. Nigeria imports Sodium or Potassium Peroxides primarily from: China ($21.1M), India ($14M), Qatar ($9.75M), Saudi Arabia ($5.17M), and Belgium ($5.14M).

The fastest growing import markets in Sodium or Potassium Peroxides for Nigeria between 2022 and 2023 were India ($8.14M), Belgium ($5.14M), and Saudi Arabia ($5.07M).

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 Sodium or Potassium Peroxides. 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)$34.2k
IMPORTS (2023)$67.6M
NET TRADE (2023)-$67.6M

In 2023, Nigeria exported $34.2k in Sodium or Potassium Peroxides. The main destinations of Nigeria exports on Sodium or Potassium Peroxides were Benin ($18.1k), Niger ($8.56k), United States ($6.9k), Kenya ($444), and Ireland ($132).

In 2023, Nigeria imported $67.6M in Sodium or Potassium Peroxides, mainly from China ($21.1M), India ($14M), Qatar ($9.75M), Saudi Arabia ($5.17M), and Belgium ($5.14M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Sodium or Potassium Peroxides EXPORT MARKETS FOR Nigeria WERE (2022 - 2023):
Kenya$444 (1%)
Ireland$132 (1%)
Canada$62 (248%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Sodium or Potassium Peroxides BY Nigeria WERE (2022 - 2023):
Niger-$337k (-97.5%)
Ghana-$176k (-100%)
Benin-$18.4k (-50.4%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Nigeria's main exporting competitors in Sodium or Potassium Peroxides were:
In 2023, Nigeria's main importing competitors in Sodium or Potassium Peroxides were:

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Trade Value of Sodium or Potassium Peroxides by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $37.7k
TOP IMPORT POTENTIALIndia+ $2.56M

Sodium or Potassium Peroxides’s highest export potential is United States. With an export gap of $37.7k.   Sodium or Potassium Peroxides’s highest import potential is India with an import gap of $2.56M.

See methodology.

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