Key Takeaways
- Nigeria recorded an impressive trade surplus of N12.59 trillion in the second quarter of 2026.
- This surplus represents a staggering 10,132% increase compared to the same period in 2025.
- Total merchandise trade for Q2 2026 reached N41.44 trillion, a 5.61% rise from Q2 2025.
- Exports constituted 65.20% of total trade, valued at N27 trillion, with crude oil remaining the dominant commodity.
- Non-crude oil exports showed significant contribution, accounting for 52.21% of total exports.
- China remains Nigeria's primary source of imports, followed by the United States and India.
Abuja, Nigeria – The Nigerian economy has demonstrated remarkable strength in its international trade performance, achieving an unprecedented trade.