The US ranked as Nigeria’s sixth-largest export destination for the second quarter of 2025, valued at ₦1.4 trillion, predominantly from oil exports.
Nigeria diversifies its export markets, with Spain, India, France, and Canada emerging as key trading partners for energy products
The US ranked as Nigeria’s sixth-largest export destination for the second quarter of 2025, valued at ₦1.4 trillion, predominantly from oil exports.
Nigeria’s trade relations with the United States have come under renewed attention following President Donald Trump’s recent threat to suspend aid to Nigeria over allegations of Christian persecution.Recent data from the National Bureau of Statistics (NBS) show that the U.S. emerged as Nigeria’s sixth-largest export destination in the second quarter of 2025, accounting for N1.4 trillion worth of exports.While Washington’s rhetoric has stirred unease within diplomatic circles, new trade data from the National Bureau of Statistics (NBS) suggest that the U.S. remains an important though declining economic partner.
According to NBS figures for the second quarter of 2025, the U.S. ranked as Nigeria’s sixth-largest export destination, with total exports valued at ₦1.4 trillion during the period. Oil accounted for nearly 68 percent of these exports, while non-oil goods such as agricultural products, textiles, and manufactured items made up only 1.9 percent.Despite Trump’s decision earlier this year to raise Nigeria’s import tariff by one percentage point to 15 percent, the effective rate remains low because crude oil imports are exempted.
Nigeria’s top trade partners Q2, 2025Table with 2 columns and 10 rows. (column headers with buttons are
1 Spain 2.50
2 India 2.00
3 France 1.60.
4 Netherlands 1.50
5 Canada 1.45
6 United States 1.35
7 China 1.15
8 Indonesia 0.95
9 Togo 0.85
10 UAE 0.80
According to NBS figures for the second quarter of 2025, the U.S. ranked as Nigeria’s sixth-largest export destination, with total exports valued at ₦1.4 trillion during the period. Oil accounted for nearly 68 percent of these exports, while non-oil goods such as agricultural products, textiles, and manufactured items made up only 1.9 percent.Despite Trump’s decision earlier this year to raise Nigeria’s import tariff by one percentage point to 15 percent, the effective rate remains low because crude oil imports are exempted.
