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2022
Exports $44World Rnk 70 / 75
Flag Rnk 1042 / 1077
2022
Destination $41 Kenya
2022
Imports $49.4kWorld Rnk 68 / 120
Flag Rnk 1070 / 1182
2022
Origin $49k Hong Kong
2022
ECONOMIC COMPLEXITY of Nigeria-1.67Rnk 127 / 133

About

Exports In 2022, Nigeria exported $44 in Zirconium, making it the 70th largest exporter of Zirconium in the world. At the same year, Zirconium was the 1042nd most exported product in Nigeria. The main destination of Zirconium exports from Nigeria are: Kenya ($41) and Belgium ($3).

The fastest growing export markets for Zirconium of Nigeria between N/A and 2022 were Kenya ($41) and Belgium ($3).

Imports In 2022, Nigeria imported $49.4k in Zirconium, becoming the 68th largest importer of Zirconium in the world. At the same year, Zirconium was the 1070th most imported product in Nigeria. Nigeria imports Zirconium primarily from: Hong Kong ($49k) and United States ($310).

The fastest growing import markets in Zirconium for Nigeria between 2021 and 2022 were Hong Kong ($49k).

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 Zirconium. 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)$44
IMPORTS (2022)$49.4k
NET TRADE (2022)-$49.3k

In 2022, Nigeria exported $44 in Zirconium. The main destinations of Nigeria exports on Zirconium were Kenya ($41) and Belgium ($3).

In 2022, Nigeria imported $49.4k in Zirconium, mainly from Hong Kong ($49k) and United States ($310).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Zirconium EXPORT MARKETS FOR Nigeria WERE (N/A - 2022):
Kenya$41 (1%)
Belgium$3 (1%)
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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 Zirconium were:
United States $161M
France $158M
China $34.2M
In 2022, Nigeria's main importing competitors in Zirconium were:
United States $92.6M
South Korea $47.4M
Canada $44.3M

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Trade Value of Zirconium by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $437
TOP IMPORT POTENTIALUnited States+ $2.24k

Zirconium’s highest export potential is United States. With an export gap of $437.   Zirconium’s highest import potential is United States with an import gap of $2.24k.

See methodology.

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