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Exports In 2022, Nigeria exported $5.47M in Other Ores, making it the 16th largest exporter of Other Ores in the world. At the same year, Other Ores was the 90th most exported product in Nigeria. The main destination of Other Ores exports from Nigeria are: China ($4.73M), Malaysia ($724k), Belgium ($8.78k), Netherlands ($1.85k), and Canada ($525).

The fastest growing export markets for Other Ores of Nigeria between 2021 and 2022 were China ($2.45M), Malaysia ($724k), and Belgium ($8.78k).

Imports In 2022, Nigeria imported $21.6k in Other Ores, becoming the 61st largest importer of Other Ores in the world. At the same year, Other Ores was the 1106th most imported product in Nigeria. Nigeria imports Other Ores primarily from: New Zealand ($20.2k), China ($1.18k), and South Africa ($223).

The fastest growing import markets in Other Ores for Nigeria between 2021 and 2022 were New Zealand ($20.2k), China ($1.18k), and South Africa ($223).

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 Other Ores. 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)$5.47M
IMPORTS (2022)$21.6k
NET TRADE (2022)$5.44M

In 2022, Nigeria exported $5.47M in Other Ores. The main destinations of Nigeria exports on Other Ores were China ($4.73M), Malaysia ($724k), Belgium ($8.78k), Netherlands ($1.85k), and Canada ($525).

In 2022, Nigeria imported $21.6k in Other Ores, mainly from New Zealand ($20.2k), China ($1.18k), and South Africa ($223).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Ores EXPORT MARKETS FOR Nigeria WERE (2021 - 2022):
China$2.45M (107%)
Malaysia$724k (1%)
Belgium$8.78k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Ores BY Nigeria WERE (2021 - 2022):
India-$25k (-100%)
Chinese Taipei-$8.24k (-100%)
South Africa-$743 (-99.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Other Ores by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $1.45M
TOP IMPORT POTENTIALChina+ $2.12k

Other Ores’s highest export potential is China. With an export gap of $1.45M.   Other Ores’s highest import potential is China with an import gap of $2.12k.

See methodology.

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