Nigeria's Q3 2025 Crude Oil Exports Drive External Balance Growth

Nigeria's crude oil exports in Q3 2025 amounted to N12.8 trillion, comprising 56.14% of total exports. Despite a slight decline from the previous year, the sector saw a 7.03% increase quarter-on-quarter.

The overall merchandise trade stood at N38.94 trillion, with exports accounting for 58.59% of the total trade value. Oil-related commodities dominated the export figures, with crude oil and petroleum gas contributing significantly.

The positive trade balance of N6.69 trillion was achieved, indicating a resilient performance in the petroleum sector.