2022
Exports
$1.38MWorld Rnk 24 / 65
Flag Rnk 205 / 3150
falsefalse Vietnam
2022
Imports
$337World Rnk 0 / 0
Flag Rnk 0 / 0
2022
ECONOMIC COMPLEXITY of Nigeria
-1.67Rnk 127 / 133

About

Exports In 2022, Nigeria exported $1.38M in Tungsten ores and concentrates, making it the 24th largest exporter of Tungsten ores and concentrates in the world. At the same year, Tungsten ores and concentrates was the 205th most exported product in Nigeria. The main destination of Tungsten ores and concentrates exports from Nigeria are: Vietnam ($661k), China ($436k), and Malaysia ($283k).

The fastest growing export markets for Tungsten ores and concentrates of Nigeria between 2021 and 2022 were Vietnam ($433k) and Malaysia ($283k).

Imports In 2016, Nigeria imported $337 in Tungsten ores and concentrates, becoming the 0th largest importer of Tungsten ores and concentrates in the world. At the same year, Tungsten ores and concentrates was the 0th most imported product in Nigeria. Nigeria imports Tungsten ores and concentrates primarily from: N/A.

COMPANIES In 2023, leading companies such as RHI Magnesita (6), Ford Motor Company (2), and Barry Callebaut (2) were at the forefront of shipping Tungsten ores and concentrates from Nigeria to the United States.

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 Tungsten ores and concentrates. 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)$1.38M
IMPORTS (2016)$337
NET TRADE (2022)$1.38M

In 2022, Nigeria exported $1.38M in Tungsten ores and concentrates. The main destinations of Nigeria exports on Tungsten ores and concentrates were Vietnam ($661k), China ($436k), and Malaysia ($283k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Tungsten ores and concentrates EXPORT MARKETS FOR Nigeria WERE (2021 - 2022):
Vietnam$433k (190%)
Malaysia$283k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tungsten ores and concentrates BY Nigeria WERE (2021 - 2022):China-$111k (-20.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Nigeria's main exporting competitors in Tungsten ores and concentrates were:
In 2022, Nigeria's main importing competitors in Tungsten ores and concentrates were:

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Trade Value of Tungsten ores and concentrates by Exporters

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