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2023
Exports $50MWorld Rnk 28 / 118
Flag Rnk 37 / 1096
falsefalse China
2022 - 2023
FASTEST GROWING MARKETfalseBelgium
2023
PRODUCT COMPLEXITY IN Zinc Ore-1.42Rnk 932 / 1025
2023
Imports $1.99kWorld Rnk 0 / 0
Flag Rnk 0 / 0
2022 - 2023
FASTEST GROWING ORIGINfalsefalse
2023
ECONOMIC COMPLEXITY of Nigeria-1.75Rnk 129 / 132

About

Exports In 2023, Nigeria exported $50M in Zinc Ore, making it the 28th largest exporter of Zinc Ore in the world. At the same year, Zinc Ore was the 37th most exported product in Nigeria. The main destination of Zinc Ore exports from Nigeria are: China ($48.3M), Belgium ($887k), Indonesia ($762k), Thailand ($32.7k), and Turkey ($1.13k).

The fastest growing export markets for Zinc Ore of Nigeria between 2022 and 2023 were Belgium ($887k), Thailand ($32.7k), and Turkey ($859).

Imports In 2022, Nigeria imported $1.99k in Zinc Ore, becoming the 0th largest importer of Zinc Ore in the world. At the same year, Zinc Ore was the 0th most imported product in Nigeria. Nigeria imports Zinc Ore primarily from: N/A.

Latest Trends

Dec 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 Zinc Ore. 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)$50M
IMPORTS (2022)$1.99k
NET TRADE (2023)$50M

In 2023, Nigeria exported $50M in Zinc Ore. The main destinations of Nigeria exports on Zinc Ore were China ($48.3M), Belgium ($887k), Indonesia ($762k), Thailand ($32.7k), and Turkey ($1.13k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Zinc Ore EXPORT MARKETS FOR Nigeria WERE (2022 - 2023):
Belgium$887k (1%)
Thailand$32.7k (1%)
Turkey$859 (317%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Zinc Ore BY Nigeria WERE (2022 - 2023):
China-$51.9M (-51.8%)
Indonesia-$395k (-34.2%)
Netherlands-$756 (-57.1%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Nigeria's main exporting competitors in Zinc Ore were:
Peru $1.73B
Australia $1.4B
United States $1.01B
In 2023, Nigeria's main importing competitors in Zinc Ore were:
China $3.71B
South Korea $1.21B
Spain $782M

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Trade Value of Zinc Ore by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $26.4M
TOP IMPORT POTENTIALUnited States+ $864

Zinc Ore’s highest export potential is China. With an export gap of $26.4M.   Zinc Ore’s highest import potential is United States with an import gap of $864.

See methodology.

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