North Macedonia (MKD) and Nigeria (NGA) Trade | The Observatory of Economic Complexity

About

North Macedonia-Nigeria Trade: In 2023, North Macedonia exported $3.44M to Nigeria. The main products that North Macedonia exported to Nigeria were Synthetic Monofilament ($2.02M), Machinery Having Individual Functions ($1.27M), and Wine ($90.7k). Over the past 5 years the exports of North Macedonia to Nigeria have increased at an annualized rate of 22.1%, from $1.26M in 2018 to $3.44M in 2023.

In 2023, North Macedonia did not export any services to Nigeria.

Nigeria-North Macedonia Trade: In 2023, Nigeria exported $232k to North Macedonia. The main products that Nigeria exported to North Macedonia were Other Oily Seeds ($168k), Perfume Plants ($41.8k), and Spices ($9.82k). Over the past 5 years the exports of Nigeria to North Macedonia have increased at an annualized rate of 21.3%, from $88.7k in 2018 to $232k in 2023.

In 2023, Nigeria did not export any services to North Macedonia.

Comparison In 2023, North Macedonia ranked 104 in total exports ($10.1B), and does not have data regarding Economic Complexity Index. That same year, Nigeria ranked 129 in the Economic Complexity Index (ECI -1.75), and 52 in total exports ($61B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, North Macedonia exported $3.44M to Nigeria. The main products exported from North Macedonia to Nigeria were Synthetic Monofilament ($2.02M), Machinery Having Individual Functions ($1.27M), and Wine ($90.7k). During the last 5 years the exports of North Macedonia to Nigeria have increased at an annualized rate of 22.1%, from $1.26M in 2018 to $3.44M in 2023.

In 2018, Nigeria exported $232k to North Macedonia. The main products exported from Nigeria to North Macedonia were Other Oily Seeds ($168k), Perfume Plants ($41.8k), and Spices ($9.82k). During the last 5 years the exports of Nigeria to North Macedonia have increased at an annualized rate of 21.3%, from $88.7k in 2023 to $232k in 2018.

Exports from North Macedonia () to Nigeria () (2023)

Exports from Nigeria () to North Macedonia () (2023)

Latest Data

Trade between North Macedonia () and Nigeria ()

North Macedonia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

North Macedonia
Top DestinationGermany$4B

Nigeria
Top DestinationUnited States$6.29B

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

In 2023, countries that imported more from North Macedonia than Nigeria included Germany ($4B), Serbia ($827M), and Bulgaria ($566M).

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

Difference in imports from Nigeria () and North Macedonia () (2023)

Comparative Advantage North Macedonia - Nigeria

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, North Macedonia had a large net trade with Nigeria in the exports of Textiles ($2.04M), Machines ($1.27M), and Foodstuffs ($90.7k).

During 2018, Nigeria had a large net trade with North Macedonia in the exports of Vegetable Products ($220k), Plastics and Rubbers ($7.66k), and Textiles ($4.43k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential North Macedonia Nigeria+$97.8kWine

Top Product Potential Nigeria North Macedonia+$108kOther Oily Seeds

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

Year

This visualization shows the product space at the HS4 level with the flags of North Macedonia and Nigeria. This means that a dot/product with the flag of North Macedonia 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 Macedonia.

About

Historical Data

Bilateral Trade by Products

Exports from North Macedonia () to Nigeria () (2023)

Exports from Nigeria () to North Macedonia () (2023)

Latest Data

Trade between North Macedonia () and Nigeria ()

North Macedonia Exports

Market Competitiveness

Difference in imports from Nigeria () and North Macedonia () (2023)

Comparative Advantage North Macedonia - Nigeria

Potential Exports

Potential Exports

Subscribe today to OEC pro and access the latest data

Subscribe today to OEC pro and access the latest data

Economic Complexity

Competitive Landscape

Product Space of North Macedonia () and Nigeria () (2023)

Keep Exploring