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.
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