The value of exports of commodity group 68 "Articles of stone, plaster, cement, asbestos, mica or similar materials" from Nigeria totalled $ 489 thousand in 2023. Sales of commodity group 68 from Nigeria went up by 18.4% compared to 2022: exports of commodity group 68 "Articles of stone, plaster, cement, asbestos, mica or similar materials" went up by $ 76 thousand (cumulative exports of commodity group 68 from Nigeria amounted $413 thousand in 2022)
Where does Nigeria export Articles of stone, plaster, cement, asbestos, mica or similar materials?
Top export destinations of "Articles of stone, plaster, cement, asbestos, mica or similar materials" from Nigeria in 2023:
- Cameroon with a share of 88% (432 thousand US$)
- Benin with a share of 8.39% (41 thousand US$)
- India with a share of 2.83% (13.8 thousand US$)
- Equatorial Guinea - 2.08 thousand US$
Exports structure of 68 - Articles of stone, plaster, cement, asbestos, mica or similar materials - from Nigeria in 2023 represented by the following main commodity groups:
- 80% (395 thousand US$): 6810 - Articles of cement, of concrete or of artificial stone, whether or not reinforced
- 16.4% (80 thousand US$): 6802 - Worked monumental or building stone (except slate) and articles thereof, other than goods of heading 68.01; mosaic cubes and the like, of natural stone (including slate), whether or not on a backing; artificially coloured granules, chippings and powder, of natural stone (including slate)
- 2.83% (13.8 thousand US$): 6806 - Slag wool, rock wool and similar mineral wools; exfoliated vermiculite, expanded clays, foamed slag and similar expanded mineral materials; mixtures and articles of heat-insulating, sound-insulating or sound-absorbing mineral materials, other than those of heading 68.11 or 68.12 or of Chapter 69.
The value of imports of commodity group 68 "Articles of stone, plaster, cement, asbestos, mica or similar materials" to Nigeria totalled $ 112 million in 2023. Sales of commodity group 68 to Nigeria went up by 15.6% compared to 2022: imports of commodity group 68 "Articles of stone, plaster, cement, asbestos, mica or similar materials" went up by $ 15.1 million (the value of imports of commodity group 68 to Nigeria was equal to $96 million in 2022)
Imports of commodity group 68 "Articles of stone, plaster, cement, asbestos, mica or similar materials" accounted for 0.172% of total import flow to Nigeria (in 2023, total imports to Nigeria amounted to $ 65 billion). The share of commodity group 68 in total imports to Nigeria increased by 0.012 p.p. compared to 2022 (it was 0.159% in 2022 and cumulative imports to Nigeria were equal to $ 60 billion).
Imports of commodity group 68 reached 99% of total imports of group 68 "Articles of stone, plaster, cement, asbestos, mica or similar materials" to Nigeria in 2023 (imports of commodity group 68 to Nigeria totalled $112 million in 2023). The share of purchases of commodity group 68 in imports of commodity group 68 to Nigeria went down by 0 p.p. compared to 2022 (it was 100% in 2022, and imports of commodity group 68 to Nigeria accounted for $96 million).
Where does Nigeria import Articles of stone, plaster, cement, asbestos, mica or similar materials from?
Top trading partners (import of "Articles of stone, plaster, cement, asbestos, mica or similar materials") of Nigeria in 2023:
- China with a share of 54% (61 million US$)
- Egypt with a share of 9.07% (10.1 million US$)
- Malaysia with a share of 7.35% (8.24 million US$)
- United Arab Emirates with a share of 6% (6.73 million US$)
- India with a share of 4.2% (4.71 million US$)
- Turkey with a share of 3.84% (4.3 million US$)
- Germany with a share of 3.32% (3.72 million US$)
- Spain with a share of 2.94% (3.29 million US$)
- Italy with a share of 1.61% (1.81 million US$)
- Bahrain with a share of 1.58% (1.77 million US$)
Imports structure of 68 - Articles of stone, plaster, cement, asbestos, mica or similar materials - to Nigeria in 2023 represented by the following main commodity groups:
- 36% (40 million US$): 6809 - Articles of plaster or of compositions based on plaster
- 17.1% (19.2 million US$): 6810 - Articles of cement, of concrete or of artificial stone, whether or not reinforced
- 13.2% (14.9 million US$): 6802 - Worked monumental or building stone (except slate) and articles thereof, other than goods of heading 68.01; mosaic cubes and the like, of natural stone (including slate), whether or not on a backing; artificially coloured granules, chippings and powder, of natural stone (including slate)
- 12.8% (14.4 million US$): 6807 - Articles of asphalt or of similar material (for example, petroleum bitumen or coal tar pitch)
- 10.8% (12.2 million US$): 6806 - Slag wool, rock wool and similar mineral wools; exfoliated vermiculite, expanded clays, foamed slag and similar expanded mineral materials; mixtures and articles of heat-insulating, sound-insulating or sound-absorbing mineral materials, other than those of heading 68.11 or 68.12 or of Chapter 69.
- 2.53% (2.84 million US$): 6804 - Millstones, grindstones, grinding wheels and the like, without frameworks, for grinding, sharpening, polishing, trueing or cutting, hand sharpening or polishing stones, and parts thereof, of natural stone, of agglomerated natural or artificial abrasives, or of ceramics, with or without parts of other materials
- 2.26% (2.54 million US$): 6813 - Friction material and articles thereof (for example, sheets, rolls, strips, segments, discs, washers, pads), not mounted, for brakes, for clutches or the like, with a basis of asbestos, of other mineral substances or of cellulose, whether or not combined with textile or other materials
- 2.22% (2.49 million US$): 6815 - Articles of stone or of other mineral substances (including carbon fibres, articles of carbon fibres and articles of peat), not elsewhere specified or included
- 1.28% (1.44 million US$): 6811 - Articles of asbestos-cement, of cellulose fibre-cement or the like
- 0.633% (710 thousand US$): 6805 - Natural or artificial abrasive powder or grain, on a base of textile material, of paper, of paperboard or of other materials, whether or not cut to shape or sewn or otherwise made up