Nigeria’s exports to Africa surged 14% in the first half of 2025, reaching N4.82 trillion, up from N4.21 trillion in the same period last year. The increase highlights Nigeria’s growing influence as a key hub for intra-African trade, with fuel topping the list of exported goods.
West Africa continues to dominate as Nigeria’s primary market on the continent, absorbing more than 62% of total exports. According to data from the National Bureau of Statistics reviewed by Ecofin Agency, ECOWAS countries purchased N2.995 trillion worth of Nigerian products, reflecting a 16% rise compared to 2024.
Bashir Adewale Adeniyi, Comptroller General of the Nigeria Customs Service, noted that the export trend underscores Nigeria’s role in regional trade and value chains. “This is a clear signal of strengthening regional trade momentum,” he said, emphasizing the country’s strategic importance in Africa’s economic landscape.
Despite the growth, exports to Africa still represent just 10% of Nigeria’s total overseas trade, which stands at N43.3 trillion for H1 2025. Europe, Asia, and the Americas remain larger markets, accounting for N17.3 trillion, N14.1 trillion, and N6.9 trillion respectively. However, recent initiatives, including tariff concessions and the launch of an air freight corridor to East Africa, are expected to further boost continental trade by reducing export costs by up to 75%.
Fuel remains the most purchased Nigerian product by regional partners, totaling nearly N298 billion in the first half of the year. With continued efforts under the African Continental Free Trade Area (AfCFTA), Nigeria is positioning itself to expand its export footprint across the continent, strengthening both economic ties and regional growth prospects.
source: Vanguard