After a decline from 13.1% in 2019, the non-oil export share grew by 5.6 percentage points, from 8.7% (2023) to 14.3% (2025)

Non-oil exports rose to 14.3% of total exports in 2025, up from 8.7% in 2023.
Oil exports still represent 85.7% of total exports in 2025.
The non-oil share reached 13.1% in 2019 before dipping and rebounding by 2025.
Nigeria’s total exports expanded from ₦9.6 trillion in 2015 to ₦43.3 trillion in H1 2025, showing strong value growth.
The lowest non-oil share in the decade occurred in 2016 (4%), reflecting heavy oil dependence.

Nigeria’s export structure continues to be dominated by oil, but the country’s non-oil export share has shown renewed strength in recent years. After dipping to 8.7% in 2023, the non-oil share rebounded to 14.3% in 2025, marking a 5.6 percentage point increase. This improvement signals growing diversification in Nigeria’s export portfolio, as non-oil products—such as agricultural commodities, manufactured goods, and solid minerals—are beginning to play a stronger role in trade. Still, oil remains the country’s primary export driver, accounting for over 85% of total exports in 2025., marking a 5.6 percentage point increase. This improvement signals growing diversification in Nigeria’s export portfolio, as non-oil products—such as agricultural commodities, manufactured goods, and solid minerals—are beginning to play a stronger role in trade. Still, oil remains the country’s primary export driver, accounting for over 85% of total exports in 2025.

Source:

National Bureau of Statistics

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Period:

2015 - H1 2025

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During the period, the combined share of the U.S. and Brazil never fell below 76%, even at its lowest point in 2022.
Total imports from the Americas surged from ₦0.9 trillion in 2013 to a peak of ₦6.3 trillion in 2024.
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Nigeria's H1 trade: Imports from ECOWAS countries rose from 12% in H1 2021 to a peak of nearly 40% in H1 2024

Imports from ECOWAS countries peaked at 39.9% in H1 2024, up from just 12.0% in H1 2021.
The share declined to 32.4% in H1 2025, showing a reversal after the 2024 peak.
Total import values grew sharply, from ₦209.6B in H1 2020 to ₦1.8T in H1 2025.
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The ECOWAS share of Nigerian exports to African countries nearly doubled, from 34.2% to 62.1%

ECOWAS’ share of Nigerian exports rose from 34.2% in H1 2019 to 62.1% in H1 2025.
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Oil exports continued to dominate, averaging over 88% of total exports in 2024 and remaining above 81% in the first half of 2025.
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Peaks in non-oil export contributions occurred in July 2024 (16.4%) and January–April 2025 (13–18%), indicating progress toward diversification.
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China dominates Nigeria’s imports while Spain leads as top export destination in Q2 2025

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Spain tops Nigeria’s export market, receiving ₦2.47T worth of goods, representing 10.85% of total exports.
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Togo emerges as Nigeria’s largest African trading partner in Q2 2025

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South Africa ranks second, with imports of ₦115.15B and exports of ₦473.65B, reflecting deep bilateral trade ties.
Côte d’Ivoire also features prominently, sending ₦106.15B worth of goods to Nigeria while importing ₦408.97B, showing balanced engagement.
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