Nigeria | Imports and Exports | World | Methanal (formaldehyde) | Value (US$) and Value Growth, YoY (%) | 2012 - 2023
Where does Nigeria export Methanal (formaldehyde)?
Top export destinations of "Methanal (formaldehyde)" from Nigeria in 2023:
The value of imports of commodity group 291211 "Methanal (formaldehyde)" to Nigeria totalled $ 8.17 million in 2023. Sales of commodity group 291211 to Nigeria decreased by 27% in value terms compared to 2022. imports of commodity group 291211 "Methanal (formaldehyde)" decreased by $ 3.14 million (the value of imports of commodity group 291211 to Nigeria was equal to $11.3 million in 2022)
Imports of commodity group 291211 "Methanal (formaldehyde)" accounted for 0.012% of total import flow to Nigeria (in 2023, total imports to Nigeria amounted to $ 65 billion). The share of commodity group 291211 in total imports to Nigeria decreased by 0.006 p.p. compared to 2022 (it was 0.018% in 2022 and cumulative imports to Nigeria were equal to $ 60 billion).
Imports of commodity group 291211 reached 1.13% of total imports of group "" to Nigeria in 2023 (imports of commodity group to Nigeria totalled $720 million in 2023). The share of purchases of commodity group 291211 in total imports of commodity group to Nigeria increased by 0.03 p.p. compared to 2022 (it was 1.1% in 2022, and imports of commodity group to Nigeria accounted for $1.02 billion).
Imports of commodity group 291211 reached 72 percent of total imports of group "" to Nigeria in 2023 (imports of commodity group to Nigeria totalled 11.2 million USD in 2023). The share of purchases of commodity group 291211 in imports of commodity group to Nigeria went down by 12.9 p.p. compared to 2022 (it was 85 percent in 2022, and imports of commodity group to Nigeria accounted for 13.1 million USD).
Where does Nigeria import Methanal (formaldehyde) from?
Top trading partners (import of "Methanal (formaldehyde)") of Nigeria in 2023:
- China with a share of 81% (6.66 million US$)
- Belgium with a share of 10.8% (889 thousand US$)
- United Arab Emirates with a share of 4.42% (362 thousand US$)
- India with a share of 1.82% (149 thousand US$)
- Saudi Arabia - 69 thousand US$
- Egypt - 38 thousand US$
