2022
Exports
$999World Rnk 115 / 125
Flag Rnk 902 / 1077
falsefalse Netherlands
2022
PRODUCT COMPLEXITY IN Titanium
0.43Rnk 393 / 1025
2022
Imports
$791kWorld Rnk 77 / 183
Flag Rnk 859 / 1182
2022
ECONOMIC COMPLEXITY of Nigeria
-1.67Rnk 127 / 133

About

Exports In 2022, Nigeria exported $999 in Titanium, making it the 115th largest exporter of Titanium in the world. At the same year, Titanium was the 902nd most exported product in Nigeria. The main destination of Titanium exports from Nigeria are: Netherlands ($999).

Imports In 2022, Nigeria imported $791k in Titanium, becoming the 77th largest importer of Titanium in the world. At the same year, Titanium was the 859th most imported product in Nigeria. Nigeria imports Titanium primarily from: China ($501k), Italy ($98.8k), United States ($81.2k), United Kingdom ($49.2k), and Netherlands ($45.6k).

The fastest growing import markets in Titanium for Nigeria between 2021 and 2022 were China ($368k), Italy ($82k), and Netherlands ($45.5k).

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 Titanium. 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)$999
IMPORTS (2022)$791k
NET TRADE (2022)-$790k

In 2022, Nigeria exported $999 in Titanium. The main destinations of Nigeria exports on Titanium were Netherlands ($999).

In 2022, Nigeria imported $791k in Titanium, mainly from China ($501k), Italy ($98.8k), United States ($81.2k), United Kingdom ($49.2k), and Netherlands ($45.6k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Titanium BY Nigeria WERE (2021 - 2022):
United States-$12.7k (-100%)
Netherlands-$2.31k (-69.8%)
Turkey-$625 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Titanium by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALNetherlands+ $1.41k
TOP IMPORT POTENTIALChina+ $267k

Titanium’s highest export potential is Netherlands. With an export gap of $1.41k.   Titanium’s highest import potential is China with an import gap of $267k.

See methodology.

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