Nigeria’s trade with other African countries climbed to $9.02 billion in 2025, underscoring the growing importance of the African Continental Free Trade Area (AfCFTA) in expanding market access for Nigerian exporters and deepening regional economic integration.
The latest African Trade Report 2026 released by Afreximbank showed that the value of Nigeria’s trade with the continent increased from $7.47 billion in 2024 to $9.02 billion in 2025, representing a growth of about 21 per cent and positioning the country among Africa’s leading intra-African trading nations.
The report attributed the improvement to Nigeria’s intensified focus on regional commerce and efforts to leverage opportunities created by the AfCFTA to lower trade barriers and expand export destinations across the continent.
According to the report, crude oil remained the dominant component of Nigeria’s exports to African markets. However, the country’s export basket is becoming increasingly diversified, with growing shipments of chemicals, plastics, rubber products, processed agricultural goods, food products, urea and cement to regional markets.
