2022
Flag
 GDP
$477BCURRENT US$
Rnk 30 / 186
2012-2022
Flag
GDP GROWTH
2.89%CURRENT US$
Rnk 159 / 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

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
Value

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 (Flag) to Nigeria (Flag) (2022)

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

Market Competitiveness

Color
North Korea
Top Destination
China$131M
Nigeria
Top Destination
Spain$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 (Flag) and North Korea (Flag) (2022)

Comparative Advantage North Korea - Nigeria

Flow
Scale

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).

Economic Complexity

Competitive Landscape

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.

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

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