Refined Copper in Nigeria | The Observatory of Economic Complexity

About

Exports In 2022, Nigeria exported $144M in Refined Copper, making it the 41st largest exporter of Refined Copper in the world. At the same year, Refined Copper was the 14th most exported product in Nigeria. The main destination of Refined Copper exports from Nigeria are: China ($60.8M), Japan ($40.8M), South Korea ($39.2M), Spain ($1.12M), and Belgium ($884k).

The fastest growing export markets for Refined Copper of Nigeria between 2021 and 2022 were Japan ($25M), South Korea ($21.9M), and China ($6.56M).

Imports In 2022, Nigeria imported $1.01M in Refined Copper, becoming the 88th largest importer of Refined Copper in the world. At the same year, Refined Copper was the 825th most imported product in Nigeria. Nigeria imports Refined Copper primarily from: India ($684k), Italy ($155k), France ($109k), Netherlands ($59k), and Thailand ($2.91k).

The fastest growing import markets in Refined Copper for Nigeria between 2021 and 2022 were Italy ($155k), Netherlands ($54.3k), and India ($46.5k).

Mar 2024

View

LinePlot

StackedArea

Flow

Exports

Imports

Y-AXIS SCALE

Linear

Log

Value

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 Refined Copper. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$144M

IMPORTS (2022)$1.01M

NET TRADE (2022)$143M

In 2022, Nigeria exported $144M in Refined Copper. The main destinations of Nigeria exports on Refined Copper were China ($60.8M), Japan ($40.8M), South Korea ($39.2M), Spain ($1.12M), and Belgium ($884k).

In 2022, Nigeria imported $1.01M in Refined Copper, mainly from India ($684k), Italy ($155k), France ($109k), Netherlands ($59k), and Thailand ($2.91k).