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2022
Exports $2.68MWorld Rnk 37 / 108
Flag Rnk 120 / 1077
2022
Destination $1.88M China
2021 - 2022
FASTEST GROWING MARKET $1.88MChina
2022
PRODUCT COMPLEXITY IN Zinc Oxide and Peroxide-0.23Rnk 624 / 1025
2022
Imports $1.67MWorld Rnk 65 / 170
Flag Rnk 753 / 1182
2022
Origin $458k Thailand
2021 - 2022
FASTEST GROWING ORIGIN $458kSouth Africa
2022
ECONOMIC COMPLEXITY of Nigeria-1.67Rnk 127 / 133

About

Exports In 2022, Nigeria exported $2.68M in Zinc Oxide and Peroxide, making it the 37th largest exporter of Zinc Oxide and Peroxide in the world. At the same year, Zinc Oxide and Peroxide was the 120th most exported product in Nigeria. The main destination of Zinc Oxide and Peroxide exports from Nigeria are: China ($2.01M), Vietnam ($320k), Indonesia ($197k), United States ($73.8k), and Singapore ($38.2k).

The fastest growing export markets for Zinc Oxide and Peroxide of Nigeria between 2021 and 2022 were China ($1.88M), Vietnam ($274k), and Indonesia ($197k).

Imports In 2022, Nigeria imported $1.67M in Zinc Oxide and Peroxide, becoming the 65th largest importer of Zinc Oxide and Peroxide in the world. At the same year, Zinc Oxide and Peroxide was the 753rd most imported product in Nigeria. Nigeria imports Zinc Oxide and Peroxide primarily from: Thailand ($502k), South Africa ($458k), India ($286k), China ($271k), and Belgium ($99.8k).

The fastest growing import markets in Zinc Oxide and Peroxide for Nigeria between 2021 and 2022 were South Africa ($458k), Thailand ($161k), and Belgium ($84.9k).

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 Zinc Oxide and Peroxide. 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)$2.68M
IMPORTS (2022)$1.67M
NET TRADE (2022)$1.01M

In 2022, Nigeria exported $2.68M in Zinc Oxide and Peroxide. The main destinations of Nigeria exports on Zinc Oxide and Peroxide were China ($2.01M), Vietnam ($320k), Indonesia ($197k), United States ($73.8k), and Singapore ($38.2k).

In 2022, Nigeria imported $1.67M in Zinc Oxide and Peroxide, mainly from Thailand ($502k), South Africa ($458k), India ($286k), China ($271k), and Belgium ($99.8k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Zinc Oxide and Peroxide EXPORT MARKETS FOR Nigeria WERE (2021 - 2022):
China$1.88M (1.39k%)
Vietnam$274k (601%)
Indonesia$197k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Zinc Oxide and Peroxide BY Nigeria WERE (2021 - 2022):
United States-$225k (-75.3%)
Chinese Taipei-$72.3k (-100%)
Netherlands-$920 (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Nigeria's main exporting competitors in Zinc Oxide and Peroxide were:
Mexico $247M
Canada $182M
United States $140M
In 2022, Nigeria's main importing competitors in Zinc Oxide and Peroxide were:
United States $351M
Germany $134M
Mexico $133M

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Trade Value of Zinc Oxide and Peroxide by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $261k
TOP IMPORT POTENTIALIndia+ $159k

Zinc Oxide and Peroxide’s highest export potential is China. With an export gap of $261k.   Zinc Oxide and Peroxide’s highest import potential is India with an import gap of $159k.

See methodology.

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