In this work, the migration of clay in polypropylene/polystyrene (PP/PS) blend and the effect of its final localization on cell structure of microcellular foamed blend nanocomposites were studied. To observe the clay migration, a multilayered blend, alternatively superposed PS and PP/clay films with a thickness of 0.2 mm, was subjected to low shear flow. Batch foaming was performed on obtained blend nanocomposites to study the influence of the nanoclay localization on cell structure by using CO2 as the foaming agent. When subjected to flow, most clay dispersed in PP phase migrated into PS gradually. The migration of nanoclay caused smaller mean cell diameter and higher cell density to foamed PS. With the reduction of nanoclay content in PP phase, the cell density of PP foam decreased due to the reduction of heterogeneous nucleation sites and the mean cell diameter became smaller.