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Nigeria-North Macedonia Bilateral Trade Analysis 2023

Complete trade statistics: $0 total volume •Nigeria surplus: $0

Nigeria → North Macedonia

$0

Exports (2023)

North Macedonia → Nigeria

$0

Imports (2023)

Trade Balance

$0

Surplus for Nigeria

Total Trade

$0

Combined Volume

Trade Flow Visualization

Direct trade relationship between Nigeria and North Macedonia. Green line shows exports from Nigeria, red line shows imports.

Detailed Product Trade Analysis

Comprehensive breakdown of trade flows by product category, revealing the specialized nature of the Nigeria-North Macedonia commercial relationship and competitive positioning in global markets.

Nigeria → North Macedonia Exports

$0
2023 Total

Export Market Intelligence

Product Diversity:
Specialized Focus
Market Share:
Infinity% top product
1Oil seeds: sesamum seeds, whether or not broken
$168,190
Infinity% of exports
2Plants and parts (including seeds and fruits) n.e.c. in heading no. 1211, of a kind used primarily in perfumery, in pharmacy or for insecticidal, fungicidal or similar purposes, fresh, chilled, frozen or dried, whether or not cut, crushed or powdered
$41,765
Infinity% of exports
3Spices: ginger, crushed or ground
$9,815
Infinity% of exports
4Poly(ethylene terephthalate): in primary forms, having a viscosity of less than 78ml/g
$7,663
Infinity% of exports
5Coats: women's or girls' overcoats, car-coats, capes, anoraks, wind-jackets and similar articles, of cotton, knitted or crocheted (excluding those of heading no. 6104)
$3,616
Infinity% of exports

🎯 Strategic Export Focus

Nigeria's export portfolio to North Macedonia demonstrates strategic specialization, with oil seeds: sesamum seeds, whether or not broken representing a key competitive advantage in this bilateral market.

North Macedonia → Nigeria Imports

$0
2023 Total

Import Dependency Profile

Supply Diversity:
Concentrated
Critical Imports:
Infinity% concentration
1Monofilament n.e.c. in heading no 5404: of 67 decitex or more and of which no cross-sectional dimension exceeds 1mm
$2.02M
Infinity% of imports
2Machines and mechanical appliances: having individual functions, n.e.c. or included in this chapter
$1.27M
Infinity% of imports
3Wine: still, in containers holding 2 litres or less
$90,679
Infinity% of imports
4Fabrics, woven: of vegetable textile fibres n.e.c. in heading no. 5309 and 5310, woven fabrics of paper yarn
$22,728
Infinity% of imports
5Aircraft and spacecraft: parts of aeroplanes or helicopters n.e.c. in heading no. 8803
$19,469
Infinity% of imports

📦 Import Strategy Analysis

Nigeria's import pattern from North Macedonia reveals strategic sourcingin monofilament n.e.c. in heading no 5404: of 67 decitex or more and of which no cross-sectional dimension exceeds 1mm, highlighting complementary economic structures and potential supply chain optimization opportunities.

Competitive Trade Position Analysis

🏆

Market Leadership

Nigeria demonstrates competitive strength in exportingoil seeds: sesamum seeds, whether or not broken to North Macedonia, leveraging comparative advantages.

Export Leader in 5+ Categories
🔄

Trade Complementarity

The bilateral relationship showsperfectcomplementarity, with each country specializing in different sectors.

Specialized Exchange
📈

Growth Potential

The $0 trade volume indicates substantial economic integration with room for expansion in emerging sectors.

Significant Partnership

Executive Summary: Nigeria-North Macedonia Trade Relationship

Key Trade Highlights 2023

  • Total Trade Volume: $0.00representing a significant bilateral economic relationship
  • Trade Balance: Nigeria maintains a surplus of $0.00
  • Export Focus: Nigeria's primary exports include oil seeds: sesamum seeds, whether or not broken, plants and parts (including seeds and fruits) n.e.c. in heading no. 1211, of a kind used primarily in perfumery, in pharmacy or for insecticidal, fungicidal or similar purposes, fresh, chilled, frozen or dried, whether or not cut, crushed or powdered, spices: ginger, crushed or ground
  • Import Dependencies: Key imports from North Macedonia include monofilament n.e.c. in heading no 5404: of 67 decitex or more and of which no cross-sectional dimension exceeds 1mm, machines and mechanical appliances: having individual functions, n.e.c. or included in this chapter, wine: still, in containers holding 2 litres or less

Strategic Trade Indicators

Trade IntensityHigh
Export DiversificationConcentrated
Trade Balance HealthImbalanced

📈 Market Position: This bilateral trade relationship represents an important regional trade partnerships, with complementary economic strengths driving sustained commercial exchange.

Historical Trade Analysis & Economic Context

Trade Evolution Timeline

2019-2023: Recent Trends

Current trade volume of $0 represents the culmination of evolving bilateral commercial relationships, influenced by global supply chain shifts and changing economic priorities.

2015-2019: Growth Period

Sustained expansion in bilateral trade driven by complementary economic structures, with Nigeria leveraging its comparative advantages in oil seeds: sesamum seeds, whether or not broken.

2010-2015: Foundation Building

Establishment of modern trade frameworks and reduction of barriers, facilitating increased commercial exchange and investment flows between the two economies.

Pre-2010: Early Development

Initial stages of bilateral trade relationship development, with focus on traditional export-import patterns and gradual market integration.

Key Economic Drivers

1

Comparative Advantage

Nigeria's specialization in oil seeds: sesamum seeds, whether or not brokencomplements North Macedonia's demand patterns, creating natural trade synergies.

2

Supply Chain Integration

Deep integration in global value chains has strengthened bilateral linkages, particularly in monofilament n.e.c. in heading no 5404: of 67 decitex or more and of which no cross-sectional dimension exceeds 1mm.

3

Market Access & Trade Policy

Favorable trade agreements and market access conditions have facilitated the growth of this $0 bilateral relationship.

Trade Pattern Insights

Trade ComplementarityBalanced
Seasonal VariationsModerate
Product ConcentrationMedium
Market DependencyModerate
🔮

Trade Relationship Outlook

The $0 bilateral trade volume positions this relationship for continued growth, supported by technological advancement, evolving consumer preferences, and strengthening economic ties. Key opportunities lie in expanding cooperation in emerging sectors while managing potential supply chain vulnerabilities.

Economic Impact & Strategic Outlook

Economic Impact Assessment

💰

Trade Volume Impact

The $0.00 bilateral trade volume represents a important trade relationshipfor both economies.

Economic Significance: Moderate
🏭

Industrial Integration

Trade flows in oil seeds: sesamum seeds, whether or not broken and monofilament n.e.c. in heading no 5404: of 67 decitex or more and of which no cross-sectional dimension exceeds 1mm demonstrate deep industrial linkages and supply chain integration.

Supply Chain Integration: Specialized
⚖️

Trade Balance Effects

Nigeria's trade surplus of $0.00 strengthens its overall economic position in this bilateral relationship.

Balance Impact: Export Advantage

Strategic Future Outlook

🚀Growth Opportunities

Emerging Sectors
Technology transfer and innovation cooperation in plants and parts (including seeds and fruits) n.e.c. in heading no. 1211, of a kind used primarily in perfumery, in pharmacy or for insecticidal, fungicidal or similar purposes, fresh, chilled, frozen or dried, whether or not cut, crushed or powdered present expansion opportunities.
Market Diversification
Beyond current focus on monofilament n.e.c. in heading no 5404: of 67 decitex or more and of which no cross-sectional dimension exceeds 1mm, new product categories offer potential for trade expansion.

⚠️Risk Factors

Supply Chain Vulnerabilities
Moderate concentration in key sectors requires monitoring
Market Competition
Global competition in oil seeds: sesamum seeds, whether or not broken may affect future market positioning.

🎯Strategic Recommendations

  • Strengthen cooperation in high-value sectors beyond current trade patterns
  • Develop alternative supply chains to reduce dependency risks
  • Explore joint ventures in emerging technology sectors
  • Enhance trade facilitation and reduce transaction costs

Market Position & Competitive Summary

The bilateral trade relationship between Nigeria and North Macedonia represents a total trade volume of $0.00 in 2023. This partnership demonstrates a favorable trade balance for Nigeria, with exports exceeding importsby $0.00.

Export Strengths

Nigeria's exports to North Macedonia total $0.00, with competitive advantages in oil seeds: sesamum seeds, whether or not broken, representing $168,190 orInfinity% of bilateral exports.

Import Dependencies

Imports from North Macedonia amount to $0.00, highlighting economic interdependence in monofilament n.e.c. in heading no 5404: of 67 decitex or more and of which no cross-sectional dimension exceeds 1mm, with Monofilament n.e.c. in heading no 5404: of 67 decitex or more and of which no cross-sectional dimension exceeds 1mm comprisingInfinity% of total imports.

The trade relationship reflects broader economic patterns and comparative advantages. The trade surplus indicates Nigeria's competitive position in this bilateral relationship. This partnership is characterized by complementary trade flows, with each country specializing in different product categories based on their respective economic strengths, industrial capabilities, and position in global value chains.

Download Bilateral Trade Data

Access detailed trade data between Nigeria and North Macedonia in multiple formats.

Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023