Nigeria's Non-Oil Exports Surge Nearly 20% to $3.225B in First Half of 2025
Nigeria's Non-Oil Exports Surge Nearly 20% to $3.225B in First Half of 2025
Export volume also increased to 4.04 million metric tons, up from 3.83 million tonnes in the same period last year, Nigerian Export Promotion Council head Nonye Ayeni reported.
Cocoa, fertilizer (urea), and cashew nuts were the leading export commodities. According to Ayeni, cocoa and its derivatives alone accounted for 35% of the total export value, driven by:
🟠rising global demand,
🟠higher prices,
🟠increased local processing capacity.
The growth was further fueled by the African Continental Free Trade Area, which expanded market access and offered tariff relief, media reported. Government initiatives, such as exporter training programs, also reportedly played a crucial role by helping Nigerian businesses meet international standards.
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