China-Nigeria Trade Surges 35% to $18 Billion in 2026

Chinese Ambassador to Nigeria, Yu Dunhai, announced that bilateral trade between China and Nigeria rose by 35% to $18 billion in the first half of 2026. This announcement was made during a reception in Abuja commemorating the 77th anniversary of the founding of the People’s Republic of China.

The increase in trade was significantly influenced by an 81% rise in Chinese imports from Nigeria. The two countries established diplomatic relations on February 10, 1971, and in September 2024, President Bola Ahmed Tinubu and Chinese President Xi Jinping elevated their relationship to a comprehensive strategic partnership.

Yu Dunhai commended the economic reforms under Tinubu's administration and noted recent agreements that support trade expansion. He also mentioned China's zero-tariff policy for 53 African countries, effective May 1, 2026, which could enhance opportunities for African exporters.

Nigeria’s Minister of Power, Joseph Tegbe, acknowledged China's contributions to Nigeria's infrastructure development while emphasizing the need for stronger domestic production.