Nigeria Imports from North Korea

Nigeria's imports from North Korea fell to $1.62 million in 2024, down from $6.8 million in 2023, according to the UN Comtrade Database. This represents a decrease of 76.2% ($5.18 million) from the previous year. Top imports for Nigeria from North Korea were Plastics and plastic articles ($1.15 million), Miscellaneous chemical products ($342,406.39), Rubber and rubber articles ($37,156.25).

Nigeria moved from a trade deficit with North Korea of $5.47M in 2023 to a surplus of $319,192.2 in 2024. This represents a reversal of $5.79 million (105.8%).

Nigeria Imports from North Korea by Goods (2024)

The table below shows the ranking of Nigeria imports from North Korea by goods in 2024, highlighting the top imported goods.

Import Rank Imported Goods Import Value (USD) Year
1 Plastics and plastic articles $1.15M 2024
2 Miscellaneous chemical products $342,406.39 2024
3 Rubber and rubber articles $37,156.25 2024
4 Organic chemicals $36,798.36 2024
5 Vehicles other than railway or tramway and parts $20,601.08 2024
6 Electrical machinery and equipment; audio and video equipment $19,543.86 2024
7 Iron and steel $7,307.03 2024
8 Articles of iron or steel $713.87 2024
9 Optical, medical, measuring instruments $309.62 2024
10 Dyes, pigments, tanning extracts, paints, inks $213.42 2024
11 Machinery, mechanical appliances, reactors $148.84 2024
12 Articles of stone, cement, mica, asbestos $32.49 2024
13 Essential oils, perfumery, cosmetics $27.58 2024