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2022
Exports $3.89MWorld Rnk 57 / 130
Flag Rnk 104 / 1077
2022
Destination $2.68M Chad
2021 - 2022
FASTEST GROWING MARKET $2.68MChad
2022
PRODUCT COMPLEXITY IN Potassic Fertilizers-0.82Rnk 785 / 1025
2022
Imports $205MWorld Rnk 22 / 189
Flag Rnk 56 / 1182
2022
Origin $191M Canada
2021 - 2022
FASTEST GROWING ORIGIN $191MCanada
2022
ECONOMIC COMPLEXITY of Nigeria-1.67Rnk 127 / 133

About

Exports In 2022, Nigeria exported $3.89M in Potassic Fertilizers, making it the 57th largest exporter of Potassic Fertilizers in the world. At the same year, Potassic Fertilizers was the 104th most exported product in Nigeria. The main destination of Potassic Fertilizers exports from Nigeria are: Chad ($2.68M), Niger ($1.09M), Cameroon ($62k), Cote d'Ivoire ($47.2k), and Burkina Faso ($16.9k).

The fastest growing export markets for Potassic Fertilizers of Nigeria between 2021 and 2022 were Chad ($2.68M), Niger ($400k), and Cameroon ($62k).

Imports In 2022, Nigeria imported $205M in Potassic Fertilizers, becoming the 22nd largest importer of Potassic Fertilizers in the world. At the same year, Potassic Fertilizers was the 56th most imported product in Nigeria. Nigeria imports Potassic Fertilizers primarily from: Canada ($191M), Russia ($14.3M), Israel ($189k), Germany ($142k), and South Africa ($14.4k).

The fastest growing import markets in Potassic Fertilizers for Nigeria between 2021 and 2022 were Canada ($191M), Israel ($105k), and Germany ($41k).

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 Potassic Fertilizers. 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)$3.89M
IMPORTS (2022)$205M
NET TRADE (2022)-$201M

In 2022, Nigeria exported $3.89M in Potassic Fertilizers. The main destinations of Nigeria exports on Potassic Fertilizers were Chad ($2.68M), Niger ($1.09M), Cameroon ($62k), Cote d'Ivoire ($47.2k), and Burkina Faso ($16.9k).

In 2022, Nigeria imported $205M in Potassic Fertilizers, mainly from Canada ($191M), Russia ($14.3M), Israel ($189k), Germany ($142k), and South Africa ($14.4k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Potassic Fertilizers EXPORT MARKETS FOR Nigeria WERE (2021 - 2022):
Chad$2.68M (1%)
Niger$400k (58.3%)
Cameroon$62k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Potassic Fertilizers BY Nigeria WERE (2021 - 2022):Ireland-$51 (-43.6%)
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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 Potassic Fertilizers were:
Canada $13.4B
Russia $4.93B
Germany $2.73B
In 2022, Nigeria's main importing competitors in Potassic Fertilizers were:
Brazil $7.59B
United States $6.3B
China $4.13B

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Trade Value of Potassic Fertilizers by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALCameroon+ $76.5k
TOP IMPORT POTENTIALRussia+ $9.54M

Potassic Fertilizers’s highest export potential is Cameroon. With an export gap of $76.5k.   Potassic Fertilizers’s highest import potential is Russia with an import gap of $9.54M.

See methodology.

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