Silver in Nigeria | The Observatory of Economic Complexity

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Exports In 2022, Nigeria exported $1.8M in Silver, making it the 67th largest exporter of Silver in the world. At the same year, Silver was the 143rd most exported product in Nigeria. The main destination of Silver exports from Nigeria are: United Arab Emirates ($1.8M), Netherlands ($194), and Ireland ($141).

The fastest growing export markets for Silver of Nigeria between 2021 and 2022 were United Arab Emirates ($962k), Netherlands ($194), and Ireland ($141).

Imports In 2022, Nigeria imported $137k in Silver, becoming the 103rd largest importer of Silver in the world. At the same year, Silver was the 1014th most imported product in Nigeria. Nigeria imports Silver primarily from: Germany ($106k), India ($22.5k), Australia ($5.08k), Greece ($1.45k), and Italy ($1.41k).

The fastest growing import markets in Silver for Nigeria between 2021 and 2022 were Australia ($5.08k), Greece ($1.45k), and Italy ($1.36k).

Latest Trends

Mar 2024

Subnational Monthly Trade

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Imports

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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 Silver. 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

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$1.8M

IMPORTS (2022)$137k

NET TRADE (2022)$1.66M

In 2022, Nigeria exported $1.8M in Silver. The main destinations of Nigeria exports on Silver were United Arab Emirates ($1.8M), Netherlands ($194), and Ireland ($141).

In 2022, Nigeria imported $137k in Silver, mainly from Germany ($106k), India ($22.5k), Australia ($5.08k), Greece ($1.45k), and Italy ($1.41k).

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