2023
Flag
 GDP
$364BCURRENT US$
Rnk 41 / 195
2013-2023
Flag
GDP GROWTH
-30%CURRENT US$
Rnk 191 / 195
2023
Flag
GDP PC
$1,597CURRENT US$
Rnk 164 / 196
2013-2023
Flag
GDP PC GROWTH
-44.4%CURRENT US$
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About

North Korea-Nigeria Trade: In 2023, North Korea exported $5.66M to Nigeria. The main products that North Korea exported to Nigeria were Non-fillet Frozen Fish ($2.79M), Ethylene Polymers ($933k), and Waxes ($365k). Over the past 5 years the exports of North Korea to Nigeria have increased at an annualized rate of 4.09%, from $4.63M in 2018 to $5.66M in 2023.

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

Comparison In 2023,  North Korea ranked 172 in total exports ($397M), 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
Value

In 2023, North Korea exported $5.66M to Nigeria. The main products exported from North Korea to Nigeria were Non-fillet Frozen Fish ($2.79M), Ethylene Polymers ($933k), and Waxes ($365k). During the last 5 years the exports of North Korea to Nigeria have increased at an annualized rate of 4.09%, from $4.63M in 2018 to $5.66M in 2023.

Nigeria does not register exports to North Korea. The main products exported from Nigeria to North Korea were Raw Aluminium ($1.05M), Scrap Aluminium ($257k), and Raw Lead ($28.8k).

Exports from North Korea (Flag) to Nigeria (Flag) (2023)

Exports from Nigeria (Flag) to North Korea (Flag) (2023)

Market Competitiveness

Color
North Korea
Top Destination
China$292M
Nigeria
Top Destination
United States$6.29B

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 2023, countries that imported more from North Korea than Nigeria included Luxembourg ($6.8M), Fiji ($3.88M), and Suriname ($2.33M).

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

Difference in imports from Nigeria (Flag) and North Korea (Flag) (2023)

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 2023, North Korea had a large net trade with Nigeria in the exports of Animal Products ($2.79M), Plastics and Rubbers ($1.14M), and Chemical Products ($868k).

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) (2023)

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