Nigeria’s non-oil exports rose 19.6% to $3.225 billion in the first half of 2025.
A Reuters report quoting the chief of Nigeria’s Export Promotion Council, Nonye Ayeni, said the rise rode on the back of global demand for products such as cocoa and urea, as well as government trade initiatives and regional trade deals.
Ayeni noted that the volume of non-oil exports increased to 4.04 million metric tons from 3.83 million tons in the first half of 2024.
Products such as cocoa beans, urea/fertiliser, and cashew nuts dominated exports, with cocoa accounting for around 35% of total export value.
“Cocoa and its derivatives topped Nigeria’s non-oil exports, driven by rising global demand, higher prices, and increased local processing capacity,” Ayeni said.
The African Continental Free Trade Area also bolstered Nigeria’s exports, providing wider market access and tariff relief, while government-backed initiatives like training programmes helped exporters meet international standards.
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Ayeni said Indorama Eleme Fertilizer Ltd. topped the list of exporters, followed by Starlink Global and Dangote Fertilizer Ltd.
The Netherlands, the United States, and India were the top export destinations, with the Netherlands taking 18.64% of total exports.
