Non-Oil Exports Soar to $3.225B in H1 2025—Fueling Nigeria’s Trade Revival!
Nigeria’s non-oil exports recorded a significant surge, reaching $3.225 billion in the first half of 2025, a notable 19.6% increase from the $2.696 billion reported in H1 2024. This impressive performance was revealed by NEPC Director-General Nonye Ayeni during the presentation of the council’s First Half-Year Progress Report in Abuja. Naija NewsVanguard News
Export volumes also climbed strongly, rising to 4.04 million metric tonnes from 3.83 million metric tonnes a year earlier. Naija NewsVanguard News
Capping off this growth, the first quarter alone contributed $1.791 billion, marking a staggering 24.75% increase year-on-year from the $1.436 billion posted in Q1 2024. New TelegraphVanguard NewsNairametrics
The growth is attributed to an expanded export base, with 236 different product categories exported in H1, up 16.8% from 202 distinct items a year prior. These products span agricultural commodities, semi-processed goods, and industrial extracts. Vanguard News
Notably, cocoa beans dominated at 34.88% of total non-oil export value, followed by urea/fertilizer (17.65%) and other key products. Vanguard News
This strong performance signals Nigeria’s deepening commitment to economic diversification, moving away from oil dependency, and strengthening its global trade footprint.
