Nigeria recorded a trade surplus of N17.78 trillion, as exports worth N85.13 trillion exceeded imports of N67.35 trillion.
The country’s total foreign trade reached N152.47 trillion in 2025, rising from N138.03 trillion in 2024, according to data from the National Bureau of Statistics (NBS).
Oil remained Nigeria’s biggest export. Crude oil exports were valued at N47.43 trillion, accounting for 55.72% share of export earnings.
Non-crude oil exports totalled N37.70 trillion, including N12.36 trillion from non-oil products such as agricultural and manufactured goods.
Nigeria has consistently recorded annual trade surpluses since 2022, as exports continue to outpace imports, showing strong external demand for Nigerian goods in the international market
Below is a breakdown of Nigeria’s top ten trade partners in terms of imports and exports in 2025
Africa is presented as a combined group rather than individual countries. Therefore, it is reported as a single regional category, consistent with the way the data is presented by the National Bureau of Statistics.
China remained Nigeria’s largest trading partner in 2025, with total trade valued at N22.57 trillion. China alone accounts for about 15% of Nigeria’s total trade.
However, Nigeria runs a large trade deficit with China. The country exported N2.78 trillion worth of goods but imported N19.79 trillion, resulting in a trade deficit of N17.01 trillion.
Major imports include tractors, telecommunications equipment, motorcycles, polyvinyl chloride (PVC), veneer sheets, solar panels, and agricultural planting machines. Exports to China primarily consist of sesame seeds, malt, tin ores, natural rubber, goat leather, and other mineral substances.
