Nigeria's agricultural imports' share has been dropping, from 83.9% (2017) to a low of 42.9% (H1 2025)

  • Agricultural imports fell from 83.9% in 2017 to 42.9% in H1 2025, indicating a significant decline in import dependency.
  • Agricultural exports grew from 16.1% in 2017 to 54.0% in 2024, surpassing imports for the first time since 2017.
  • Total agricultural trade increased from ₦1.1 trillion in 2017 to ₦8.2 trillion in 2024.
  • Between 2022 and 2024, the import share dropped significantly from 75.7% to 46.0%.

Nigeria’s agricultural trade has seen a remarkable shift over the past eight years, with agricultural imports dropping sharply from 83.9% in 2017 to just 42.9% in the first half of 2025. This decline marks a significant turnaround, as exports now account for the larger share of agricultural trade — rising from 16.1% in 2017 to 57.1% in H1 2025.

Source:

National Bureau of Statistics

Period:

2017 - H1 2025
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