2022
Flag  
GDP
$22BCURRENT US$
Rnk 111 / 186
2012-2022
Flag
GDP GROWTH
-49.1%CURRENT US$
Rnk 185 / 186
2022
Flag
 GDP
$477BCURRENT US$
Rnk 30 / 186
2012-2022
Flag
GDP GROWTH
2.89%CURRENT US$
Rnk 159 / 186
2022
Flag
GDP PC 
$31,618CURRENT US$
Rnk 34 / 186
2012-2022
Flag
GDP PC GROWTH
-57.3%CURRENT US$
Rnk 184 / 186
2022
Flag
GDP PC
$2,184CURRENT US$
Rnk 146 / 186
2012-2022
Flag
GDP PC GROWTH
-19.9%CURRENT US$
Rnk 173 / 186

About

Macau-Nigeria Trade: In 2022, Macau exported $30.3k to Nigeria. The main products that Macau exported to Nigeria were Broadcasting Equipment ($16.1k) and Packaged Medicaments ($14.2k). Over the past 5 years the exports of Macau to Nigeria have decreased at an annualized rate of 10.2%, from $51.9k in 2017 to $30.3k in 2022.

In 2022, Macau did not export any services to Nigeria.

Nigeria-Macau Trade: In 2022, Nigeria exported $933k to Macau. The main products that Nigeria exported to Macau were Fish: dried, salted, smoked or in brine ($843k), Beauty Products ($50.2k), and Sauces and Seasonings ($24.6k). Over the past 5 years the exports of Nigeria to Macau have decreased at an annualized rate of 0.32%,  from $982k in 2017 to $933k in 2022.

In 2022, Nigeria did not export any services to Macau.

Comparison In 2022,  Macau ranked 146 in total exports ($1.88B), 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
Value

In 2022, Macau exported $30.3k to Nigeria. The main products exported from Macau to Nigeria were Broadcasting Equipment ($16.1k) and Packaged Medicaments ($14.2k). During the last 5 years the exports of Macau to Nigeria have decreased at an annualized rate of 10.2%, from $51.9k in 2017 to $30.3k in 2022.

In 2017, Nigeria exported $933k to Macau. The main products exported from Nigeria to Macau were Fish: dried, salted, smoked or in brine ($843k), Beauty Products ($50.2k), and Sauces and Seasonings ($24.6k). During the last 5 years the exports of Nigeria to Macau have decreased at an annualized rate of 0.32%, from $982k in 2022 to $933k in 2017.

Exports from Macau (Flag) to Nigeria (Flag) (2022)

Exports from Nigeria (Flag) to Macau (Flag) (2022)

Latest Data

Trade between Macau (Flag) and Nigeria (Flag)

Macau Exports

Date

Market Competitiveness

Color
Macau
Top Destination
Hong Kong$1.22B
Nigeria
Top Destination
Spain$9.41B

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

In 2022, countries that imported more from Macau than Nigeria included Hong Kong ($1.22B), Romania ($24.1M), and Kazakhstan ($4.59M).

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

Difference in imports from Nigeria (Flag) and Macau (Flag) (2022)

Comparative Advantage Macau - Nigeria

Flow
Scale

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

During 2022, Macau had a large net trade with Nigeria in the exports of Machines ($16.1k) and Chemical Products ($14.2k).

During 2017, Nigeria had a large net trade with Macau in the exports of Animal Products ($843k), Chemical Products ($63.1k), and Foodstuffs ($25.7k).

Economic Complexity

Competitive Landscape

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

Product Space of Macau (Flag) and Nigeria (Flag) (2022)

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with