2021
Exports
$163World Rnk 0 / 0
Flag Rnk 0 / 0
falsefalseN/A
2022
PRODUCT COMPLEXITY IN Other Inorganic Acids Salts
1Rnk 169 / 1025
2021
Imports
$2.91MWorld Rnk 49 / 187
Flag Rnk 674 / 1182
2022
ECONOMIC COMPLEXITY of Nigeria
-1.67Rnk 127 / 133

About

Imports In 2022, Nigeria imported $2.91M in Other Inorganic Acids Salts, becoming the 49th largest importer of Other Inorganic Acids Salts in the world. At the same year, Other Inorganic Acids Salts was the 674th most imported product in Nigeria. Nigeria imports Other Inorganic Acids Salts primarily from: China ($1.71M), Belgium ($312k), Germany ($263k), Denmark ($240k), and United States ($138k).

The fastest growing import markets in Other Inorganic Acids Salts for Nigeria between 2021 and 2022 were China ($1.7M), Belgium ($300k), and Denmark ($240k).

Latest Trends

Sep 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 Other Inorganic Acids Salts. 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 (2021)$163
IMPORTS (2022)$2.91M
NET TRADE (2022)-$2.91M

In 2022, Nigeria imported $2.91M in Other Inorganic Acids Salts, mainly from China ($1.71M), Belgium ($312k), Germany ($263k), Denmark ($240k), and United States ($138k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Inorganic Acids Salts BY Nigeria WERE (N/A - 2021):Netherlands-$163 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Nigeria's main exporting competitors in Other Inorganic Acids Salts were:
In 2022, Nigeria's main importing competitors in Other Inorganic Acids Salts were:

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Trade Value of Other Inorganic Acids Salts by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $464
TOP IMPORT POTENTIALChina+ $371k

Other Inorganic Acids Salts’s highest export potential is United States. With an export gap of $464.   Other Inorganic Acids Salts’s highest import potential is China with an import gap of $371k.

See methodology.

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