Nigeria's Imports from Europe Drop by N5.36 Trillion in 2025

In 2025, Nigeria's imports from Europe fell by N5.36 trillion, decreasing from N22.80 trillion in 2024 to N17.44 trillion, according to the latest foreign trade statistics released by the National Bureau of Statistics. Despite this decline in European imports, Nigeria's overall import bill rose by N6.76 trillion, reaching N67.35 trillion.

The share of European imports in Nigeria's total imports sharply dropped from 37.63% in 2024 to 25.90% in 2025, indicating a major shift in the country's sourcing patterns. The decline in imports from Europe was not uniform across all countries, as some experienced strong growth while others faced significant contractions.

The data suggests that Nigeria is consolidating its imports from fewer strategic partners, leading to a structural shift in its trade dynamics and a gradual reduction in dependence on a broad range of European suppliers.