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2022
Exports $945kWorld Rnk 22 / 79
Flag Rnk 185 / 1077
falsefalse China
2021 - 2022
FASTEST GROWING MARKETfalsefalse
2022
PRODUCT COMPLEXITY IN Chromium Ore-2.56Rnk 1021 / 1025
2022
Imports $81.2kWorld Rnk 68 / 111
Flag Rnk 1040 / 1182
2021 - 2022
FASTEST GROWING ORIGINfalseGermany
2022
ECONOMIC COMPLEXITY of Nigeria-1.67Rnk 127 / 133

About

Exports In 2022, Nigeria exported $945k in Chromium Ore, making it the 22nd largest exporter of Chromium Ore in the world. At the same year, Chromium Ore was the 185th most exported product in Nigeria. The main destination of Chromium Ore exports from Nigeria are: China ($945k).

Imports In 2022, Nigeria imported $81.2k in Chromium Ore, becoming the 68th largest importer of Chromium Ore in the world. At the same year, Chromium Ore was the 1040th most imported product in Nigeria. Nigeria imports Chromium Ore primarily from: South Africa ($53.9k) and Germany ($27.3k).

The fastest growing import markets in Chromium Ore for Nigeria between 2021 and 2022 were Germany ($27.3k).

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 Chromium Ore. 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)$945k
IMPORTS (2022)$81.2k
NET TRADE (2022)$864k

In 2022, Nigeria exported $945k in Chromium Ore. The main destinations of Nigeria exports on Chromium Ore were China ($945k).

In 2022, Nigeria imported $81.2k in Chromium Ore, mainly from South Africa ($53.9k) and Germany ($27.3k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Chromium Ore BY Nigeria WERE (2021 - 2022):
China-$240k (-20.2%)
Netherlands-$20.4k (-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 Chromium Ore were:
South Africa $2.51B
Turkey $342M
Kazakhstan $146M
In 2022, Nigeria's main importing competitors in Chromium Ore were:
China $1.8B
Mozambique $916M
Russia $163M

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Trade Value of Chromium Ore by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $954k
TOP IMPORT POTENTIALSouth Africa+ $82.3k

Chromium Ore’s highest export potential is China. With an export gap of $954k.   Chromium Ore’s highest import potential is South Africa with an import gap of $82.3k.

See methodology.

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