2022
Exports
$1.94MWorld Rnk 71 / 134
Flag Rnk 137 / 1077
2022
PRODUCT COMPLEXITY IN Coal Tar Oil
0.053Rnk 533 / 1025
2022
Imports
$11.8MWorld Rnk 71 / 188
Flag Rnk 440 / 1182
2022
ECONOMIC COMPLEXITY of Nigeria
-1.67Rnk 127 / 133

About

Exports In 2022, Nigeria exported $1.94M in Coal Tar Oil, making it the 71st largest exporter of Coal Tar Oil in the world. At the same year, Coal Tar Oil was the 137th most exported product in Nigeria. The main destination of Coal Tar Oil exports from Nigeria are: Netherlands ($1.87M), Belgium ($69.3k), Niger ($5.41k), and Canada ($17).

The fastest growing export markets for Coal Tar Oil of Nigeria between 2021 and 2022 were Netherlands ($1.86M), Niger ($5.07k), and Canada ($3).

Imports In 2022, Nigeria imported $11.8M in Coal Tar Oil, becoming the 71st largest importer of Coal Tar Oil in the world. At the same year, Coal Tar Oil was the 440th most imported product in Nigeria. Nigeria imports Coal Tar Oil primarily from: Sweden ($7.85M), South Korea ($1.58M), Netherlands ($620k), India ($342k), and Germany ($267k).

The fastest growing import markets in Coal Tar Oil for Nigeria between 2021 and 2022 were Sweden ($7.85M), South Korea ($816k), and China ($134k).

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 Coal Tar Oil. 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)$1.94M
IMPORTS (2022)$11.8M
NET TRADE (2022)-$9.83M

In 2022, Nigeria exported $1.94M in Coal Tar Oil. The main destinations of Nigeria exports on Coal Tar Oil were Netherlands ($1.87M), Belgium ($69.3k), Niger ($5.41k), and Canada ($17).

In 2022, Nigeria imported $11.8M in Coal Tar Oil, mainly from Sweden ($7.85M), South Korea ($1.58M), Netherlands ($620k), India ($342k), and Germany ($267k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Coal Tar Oil EXPORT MARKETS FOR Nigeria WERE (2021 - 2022):
Netherlands$1.86M (673k%)
Niger$5.07k (1.5k%)
Canada$3 (21.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Coal Tar Oil BY Nigeria WERE (2021 - 2022):
United States-$7.98M (-100%)
Belgium-$3.64M (-98.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Nigeria's main exporting competitors in Coal Tar Oil were:
In 2022, Nigeria's main importing competitors in Coal Tar Oil were:

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Trade Value of Coal Tar Oil by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALNetherlands+ $1.32M
TOP IMPORT POTENTIALSouth Korea+ $1.09M

Coal Tar Oil’s highest export potential is Netherlands. With an export gap of $1.32M.   Coal Tar Oil’s highest import potential is South Korea with an import gap of $1.09M.

See methodology.

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