North Korea (PRK) and Nigeria (NGA) Trade | The Observatory of Economic Complexity

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North Korea-Nigeria Trade: In 2022, North Korea exported $14M to Nigeria. The main products that North Korea exported to Nigeria were Non-fillet Frozen Fish ($5.68M), Propylene Polymers ($4.73M), and Ethylene Polymers ($1.52M). Over the past 5 years the exports of North Korea to Nigeria have increased at an annualized rate of 24.7%, from $4.65M in 2017 to $14M in 2022.

In 2022, North Korea did not export any services to Nigeria.

Nigeria-North Korea In N/A, Nigeria did not export any products to North Korea.

In 2022, Nigeria did not export any services to North Korea.

Comparison In 2022, North Korea ranked 182 in total exports ($248M), and does not have data regarding Economic Complexity Index. That same year, Nigeria ranked 127 in the Economic Complexity Index (ECI -1.67), and 51 in total exports ($70.7B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, North Korea exported $14M to Nigeria. The main products exported from North Korea to Nigeria were Non-fillet Frozen Fish ($5.68M), Propylene Polymers ($4.73M), and Ethylene Polymers ($1.52M). During the last 5 years the exports of North Korea to Nigeria have increased at an annualized rate of 24.7%, from $4.65M in 2017 to $14M in 2022.

Nigeria does not register exports to North Korea. The main products exported from Nigeria to North Korea were Spices ($726k), Raw Aluminium ($216k), and Soap ($71.6k).

Exports from North Korea () to Nigeria () (2022)

Exports from Nigeria () to North Korea () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

North Korea
Top DestinationChina$131M

Nigeria
Top DestinationSpain$9.41B

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

In 2022, countries that imported more from North Korea than Nigeria included Luxembourg ($6.44M), Suriname ($4.51M), and Ethiopia ($2.42M).

In 2022, countries that imported more from Nigeria than North Korea included Spain ($9.41B), India ($8.2B), and France ($4.95B).

Difference in imports from Nigeria () and North Korea () (2022)

Comparative Advantage North Korea - Nigeria

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, North Korea had a large net trade with Nigeria in the exports of Plastics and Rubbers ($6.28M), Animal Products ($5.68M), and Machines ($834k).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

Exports from North Korea () to Nigeria () (2022)

Exports from Nigeria () to North Korea () (2022)

Market Competitiveness

Difference in imports from Nigeria () and North Korea () (2022)

Comparative Advantage North Korea - Nigeria

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of North Korea () and Nigeria () (2022)

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