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.
Nigeria’s total trade with African countries stood at N15.99 trillion. Exports to the continent were valued at N13.14 trillion, while imports totaled N2.86 trillion, producing a large trade surplus of N10.28 trillion.
This strong surplus shows that Nigeria exports far more goods to African markets than it imports from them.
The figures also show how important intra-African trade is becoming. Trade within the continent has been supported by regional initiatives such as the African Continental Free Trade Area (AfCFTA), which seeks to reduce tariffs and trade barriers across the continent. By improving market access across the continent, the agreement is expected to encourage more cross-border trade and strengthen economic integration among African economies.
Nigeria’s strongest export partners are South Africa, Ivory Coast, Togo, Ghana and Egypt, while the top import partners are Ghana, South Africa, Egypt, Togo and Swaziland.
