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2023
Flag → Flag
Exports $1.25MRnk 104 / 159
2023
Flag → Flag
Top Product $1.15MDried/Salted/Smoked/Brined Fish
2023
Flag → Flag
Exports $953Rnk 116 / 123
2023
Flag → Flag
Top Product $583Motor-working Tools
2023
Flag
Economic Complexity (ECI) ECI -1.75Rnk 129 / 132
2023
Flag  
GDP$364BCURRENT US$
Rnk 41 / 195
2013-2023
Flag
GDP GROWTH-30%CURRENT US$
Rnk 191 / 195
2023
Flag
 GDP$45.8BCURRENT US$
Rnk 95 / 195
2013-2023
Flag
GDP GROWTH-11.1%CURRENT US$
Rnk 182 / 195
2023
Flag
GDP PC $1,597CURRENT US$
Rnk 164 / 195
2013-2023
Flag
GDP PC GROWTH-44.4%CURRENT US$
Rnk 192 / 195
2023
Flag
GDP PC$67,477CURRENT US$
Rnk 15 / 196
2013-2023
Flag
GDP PC GROWTH-22.5%CURRENT US$
Rnk 181 / 195

About

Nigeria-Macau Trade: In 2023, Nigeria exported $1.25M to Macau. The main products that Nigeria exported to Macau were Dried/Salted/Smoked/Brined Fish ($1.15M), Beauty Products ($52.4k), and Sauces and Seasonings ($17.8k). Over the past 5 years the exports of Nigeria to Macau have increased at an annualized rate of 7.64%, from $864k in 2018 to $1.25M in 2023.

In 2023, Nigeria did not export any services to Macau.

Macau-Nigeria Trade: In 2023, Macau exported $953 to Nigeria. The main products that Macau exported to Nigeria were Motor-working Tools ($583), Knitted Hats ($341), and Knit Men's Undergarments ($29). Over the past 5 years the exports of Macau to Nigeria have decreased at an annualized rate of 64.8%,  from $176k in 2018 to $953 in 2023.

In 2023, Macau did not export any services to Nigeria.

Comparison In 2023,  Nigeria ranked 129 in the Economic Complexity Index (ECI -1.75),  and 52 in total exports ($61B). That same year, Macau ranked 145 in total exports ($1.93B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Nigeria exported $1.25M to Macau. The main products exported from Nigeria to Macau were Dried/Salted/Smoked/Brined Fish ($1.15M), Beauty Products ($52.4k), and Sauces and Seasonings ($17.8k). During the last 5 years the exports of Nigeria to Macau have increased at an annualized rate of 7.64%, from $864k in 2018 to $1.25M in 2023.

In 2018, Macau exported $953 to Nigeria. The main products exported from Macau to Nigeria were Motor-working Tools ($583), Knitted Hats ($341), and Knit Men's Undergarments ($29). During the last 5 years the exports of Macau to Nigeria have decreased at an annualized rate of 64.8%, from $176k in 2023 to $953 in 2018.

Exports from Nigeria (Flag) to Macau (Flag) (2023)

Exports from Macau (Flag) to Nigeria (Flag) (2023)

Latest Data

Trade between Nigeria (Flag) and Macau (Flag)

Macau Exports

Date

Market Competitiveness

Color
Nigeria
Top DestinationUnited States$6.29B
Macau
Top DestinationHong Kong$1.4B

This map shows whether countries import more from Nigeria or Macau. Each country is colored based on the difference in imports they receive from Nigeria and Macau or the difference in the growth in imports.

In 2023, countries that imported more from Nigeria than Macau included United States ($6.29B), Spain ($5.76B), and France ($4.76B).

In 2023, countries that imported more from Macau than Nigeria included Hong Kong ($1.4B), Slovenia ($818k), and Madagascar ($225k).

Difference in imports from Macau (Flag) and Nigeria (Flag) (2023)

Comparative Advantage Nigeria - Macau

Flow
Scale

This chart compares trade between Nigeria and Macau by product, considering products traded by both, Nigeria and Macau.

During 2023, Nigeria had a large net trade with Macau in the exports of Animal Products ($1.15M), Chemical Products ($71.4k), and Foodstuffs ($18.2k).

During 2018, Macau had a large net trade with Nigeria in the exports of Machines ($583), Footwear and Headwear ($341), and Textiles ($29).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Nigeria and Macau. This means that a dot/product with the flag of Nigeria indicates it has a comparative advantage over Macau. Similarly, a dot/product with the flag of Macau indicates it has a comparative advantage over Nigeria.

Product Space of Nigeria (Flag) and Macau (Flag) (2023)

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