Nigeria’s non-oil exports rose significantly in 2025, reaching N12.36 trillion between January and December.
This is according to the latest Foreign Trade in Goods Statistics released by the National Bureau of Statistics.
The figure represents a sharp increase from N9.09 trillion recorded in 2024, highlighting stronger export performance outside the country’s oil sector.
The latest data suggests continued progress in Nigeria’s push to expand exports in agriculture, manufacturing, and mineral resources as policymakers seek to reduce dependence on crude oil revenues.
What the data is saying
Nigeria’s non-oil export performance has strengthened in recent years, with the 2025 figure reflecting a strong rebound after earlier fluctuations in export values.
• Non-oil exports stood at N3.14 trillion in 2022.
• The value declined to N2.56 trillion in 2023.
• Exports rebounded strongly to N9.09 trillion in 2024.
• In 2025, non-oil exports climbed further to N12.36 trillion.
The data highlights a steady recovery in Nigeria’s export sectors outside crude oil, with significant growth recorded across multiple industries.
The monthly contributions recorded in 2025 further illustrate the trend:
• January: N1.23 trillion
• February: N964.73 billion
• March: N975.45 billion
• April: N1.22 trillion
• May: N903.02 billion
• June: N923.13 billion
• July: N1.23 trillion
• August: N875.62 billion
• September: N894.18 billion
• October: N965.60 billion
• November: N1.07 trillion
• December: N1.11 trillion
These monthly figures indicate consistent export activity throughout the year, with several months exceeding the N1 trillion mark.
More Insights
A breakdown of the 2025 export figures shows that mineral products dominated Nigeria’s non-oil export earnings during the year, while several other sectors also made strong contributions.
• Mineral products: N73.46 trillion
• Prepared foodstuffs, beverages, spirits, vinegar, and tobacco: N3.88 trillion
• Products from the chemical and allied industries: N3.37 trillion
• Vegetable products: N1.54 trillion, while live animals and animal products: N103.4 billion
Other export categories also recorded notable contributions. Vehicles, aircraft and related parts generated N1.10 trillion, while base metals and articles of base metals contributed N646.16 billion.
Exports of articles of stone, plaster, cement, asbestos, mica and ceramic products reached N369.58 billion, while plastics, rubber and related articles stood at N244.17 billion. Meanwhile, machinery under boilers, machinery and chemical appliances and their parts recorded N207.48 billion in exports.
Additional smaller export categories included:
• Raw hides, skins and leather products: N48.39 billion
• Footwear, headgear, umbrellas and related products: N27.34 billion
• Paper materials and paperboard products: N19.60 billion
• Textiles and textile articles: N16.55 billion
• Miscellaneous manufactured articles: N22.85 billion
• Optical, photographic and measuring instruments: N6.69 billion
• Pearls, precious and semi-precious stones: N511.8 million
• Wood and wood products: N636.99 million
What you should know
Earlier, Nairametrics reported that Nigeria’s non-oil exports surged to a record N9.2 trillion in the first nine months of 2025, rising 48% from N6.2 trillion recorded over the same period in 2024.
• The acceleration marks the strongest non-oil export performance since 2020.
• Non-oil exports have expanded rapidly since the currency adjustment of mid-2023, which weakened the naira.
• The weaker naira improved the pricing competitiveness of Nigerian exporters in global markets.
(Nairametrics)
