Saturday, August 15, 2026

Nigeria Increases Exports to China but Still Has Huge Trade Deficit

 Nairametrics posted on 15 August 2026 an article titled "Nigeria's Exports to China Surge 80% to $2.3 Billion in H1 2026" by Emmanuel Azubuike.

Nigeria's exports to China surged by 80 percent to $2.3 billion in the first half of 2026 driven by China's zero-tariff policy for African countries.  Total Nigeria-China trade for the first half of 2026 reached $18 billion, leaving a huge Nigerian trade deficit with China of $13.4 billion.

China is Nigeria's largest trading partner, accounting for 15 percent of Nigeria's total trade.  China exports value-added manufactured and industrial goods to Nigeria, which sends agricultural and primary products to China.