Nigeria’s non-oil exports have reached $3.225 billion in the first half of 2025, marking a 19.59% surge from the $2.696 billion recorded in the same period of 2024.
This figure was officially reported by the Nigerian Export Promotion Council (NEPC).
The Executive Director/Chief Executive Officer of the NEPC, Nonye Ayeni, addressing a press conference in Abuja on Sunday said the growth in Nigeria’s non-oil exports was driven by global demand and strategic trade initiatives.
Ayeni also added that the development is a testament to Nigeria’s increasing diversification away from oil dependency, with cocoa, urea, and cashew nuts leading the charge.
Presenting the report, Ayeni revealed that export volumes rose to 4.04 million metric tonnes, up from 3.83 million metric tonnes in H1 2024.
She said a total of 236 distinct products, ranging from agricultural commodities to semi-manufactured goods, were exported, reflecting a 16.83% increase in product diversity compared to 202 distinct products in H1 2024.
According to her, cocoa beans dominated Nigeria’s non-oil exports, contributing 34.88% of the total value, followed by urea/fertilizer at 17.65% and cashew nuts at 12.35%.
Ayeni highlighted that the African Continental Free Trade Area (AfCFTA) has been pivotal in expanding market access, particularly within Africa.
She said: “Gentlemen of the press, it is on this note that I am pleased to inform you that non-oil products exported in the first half of 2025 were valued at $3.225bn. This shows an increase of 19.59 per cent as against the sum of $2.696bn recorded for the first half of the year 2024.”
