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After the 2020 crash, US-Nigeria trade value climbed to $10B+ in 2024
Key Takeaways: 
The US' trade deficit with Nigeria narrowed significantly, shifting from a $5.14 billion deficit in 2017 to a $1.69...

Over 80% of Nigeria’s imports in 2024 came from manufacturing and oil products
Key takeaways:
Manufactured goods accounted for 44.2% of Nigeria’s total imports.
Petroleum products (excluding crude oil) made up 38% of the import...

Nigeria's trade surplus peaked at ₦16.8t in 2012, reaching its lowest in 2023
Between 2008 and 2015, Nigeria experienced consistent trade surpluses.
In 2023, Nigeria recorded the least trade surplus in 16 years since...

Nigeria: Distribution of generated Value Added Tax (VAT) by sector for Q1 2020 and Q1 2021
Of the total VAT generated in Q1 2021, Non-Import (foreign) VAT recorded a 116% increase — the highest compared with...

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