Nigeria records N12.6tn surplus as total trade hits N41.44tn

Nigeria recorded full merchandise commercialized worthy N41.44 trillion successful the 2nd 4th of 2026, with exports importantly outweighing imports, according to information from the National Bureau of Statistics, NBS.

The NBS Foreign Trade successful Goods Statistics for Q2 2026 showed that the country’s exports stood astatine N27.02 trillion, portion imports were valued astatine N14.42 trillion.

This resulted successful a commercialized surplus of N12.60 trillion during the quarter.

The information showed that crude lipid remained a large operator of Nigeria’s export earnings, contributing N12.91 trillion, representing 47.79 per cent of full exports.

Other petroleum lipid products accounted for N10.38 trillion, oregon 38.40 per cent, portion earthy materials goods contributed N2.31 trillion, representing 8.53 per cent.

Agricultural goods accounted for N802.99 billion, portion manufactured goods stood astatine N393.03 billion. Solid minerals goods contributed N146.91 billion, portion vigor goods accounted for N81.35 billion.

On the import side, manufactured goods dominated Nigeria’s imports astatine N9.51 trillion, representing 65.94 per cent of full imports.

Raw materials goods followed with N1.79 trillion, oregon 12.41 per cent, portion cultivation goods accounted for N1.20 trillion, representing 8.35 per cent.

Other petroleum lipid products contributed N1.08 trillion, portion crude lipid imports stood a...