Nigeria’s Non-Oil Exports to EU Remain 10% of $21.87bn Trade
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Reported Facts
Observable data points shared across all narratives
- •Nigeria’s total trade with the European Union reached $21.87 billion as of early 2026.
- •Non-oil exports from Nigeria to the EU account for just 10% of this trade volume.
- •Nigeria posted a trade surplus of ₦1.71 trillion in the fourth quarter of 2025 despite falling crude oil exports.
- •Nigerian exports declined by 5.3% in Q4 2025 while imports increased during the same period.
- •The Nigerian Export Promotion Council (NEPC) reported these figures highlighting ongoing export challenges.
What Could Happen If...
- ▸If Nigeria increases investment in non-oil export sectors Nigeria could reduce its reliance on oil revenues, improving economic stability and expanding trade with the EU.
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AFRICA
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Primary Sources (7)
AFRICAPremium Times (Nigeria)Trade as statecraft: Why Nigeria must convert market access into strategic advantage, By Ademola OshodiAFRICAThisDay (Nigeria)Amid Shortfall in Oil Exports, Foreign Trade Declined to N36.21 Trillion in Q4 2025AFRICAPunch (Nigeria)Trade surplus drops to N1.7tn as crude exports declineAFRICA