Nigeria’s Export Landscape in 2025: Growth, Challenges, and New Frontiers

Nigeria's export sector is experiencing significant shifts in 2025, marked by notable growth in non-oil exports, evolving trade dynamics, and strategic investments. These changes present both opportunities and challenges for exporters and investors.

📈 Surge in Non-Oil Exports

The first quarter of 2025 saw Nigeria's non-oil exports reach $1.791 billion, a 24.75% increase from the same period in 2024. This growth is attributed to a diversification of export products, including cocoa derivatives, sesame seeds, and ginger . The Nigerian Export Promotion Council (NEPC) reports that the volume of non-oil exports rose to 2.416 million metric tonnes, up from 1.937 million metric tonnes in Q1 2024 (Source: Nairametrics) 

Navigating International Trade Challenges

In April 2025, the United States imposed a 14% tariff on Nigerian exports, citing trade imbalances. This development poses challenges for Nigerian exporters, particularly in the non-oil sector. The Nigerian government is actively engaging with the World Trade Organization (WTO) to address these tariffs and mitigate their impact on the economy .(Source: Nairametrics)

🛢️ Shifts in the Oil Sector

Nigeria's oil industry is undergoing a transformation, with domestic companies like Heirs Energies, Seplat, and Oando acquiring assets from international oil majors such as Shell and ExxonMobil. This shift aims to enhance local participation and address longstanding challenges in the sector .(Source:Financial Times  )

Additionally, ExxonMobil announced a $1.5 billion investment to revitalize the Usan oilfield in the Niger Delta, signaling continued foreign interest in Nigeria's oil sector .(Source: Reuters)

🌾 Agricultural Export Opportunities

The Nigerian government is focusing on boosting agricultural exports, with plans to enhance the export of cocoa, sesame, and ginger. Efforts include improving seed quality, adopting climate-smart agricultural practices, and enhancing rural infrastructure to support export activities .(Source:New Telegraph)

📊 Outlook for Exporters

Despite challenges such as international tariffs and infrastructure deficits, Nigeria's export sector shows resilience and potential for growth. The diversification into non-oil exports and increased local participation in the oil sector are positive indicators. Exporters are encouraged to stay informed about policy changes, explore new markets, and leverage government support to navigate the evolving trade landscape.

Stay connected with NEXA for more insights and updates on Nigeria's export sector.