Nigeria’s export mix stayed oil-heavy in 2025, with crude oil above 75% in all quarters

  • Crude oil dominated Nigeria’s exports in all quarters of 2025
  • Q1 recorded the highest oil dependency at 81.5%.
  • Non-oil exports peaked in Q2 at 24.2%, representing the strongest diversification point in 2025.
  • The oil share dropped to its lowest in Q2 (75.8%), but still remained dominant.

Nigeria’s export structure in 2025 remains heavily concentrated on crude oil

Nigeria’s export structure in 2025 remains heavily concentrated on crude oil, reinforcing a long-standing pattern in the country’s external trade profile. Across all four quarters, crude oil consistently accounted for over 75% of total exports, peaking at 81.5% in Q1 and remaining dominant through the rest of the year. While there were slight fluctuations quarter-to-quarter, the overall composition shows minimal change—highlighting how deeply embedded oil remains in Nigeria’s export economy.

Source:

National Bureau of Statistics

Period:

2025
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