Nigeria's Imports from U.S. Surge Despite Tariff Threats
Nigeria's import statistics for Q3 2025 show the United States as the second-largest source of imports, constituting 19.96% of the total import value of N16.12 trillion. Despite a 15% tariff on Nigerian exports to the U.S., Nigeria opted for a non-retaliatory response, leading to a 5.51% increase in imports compared to Q3 2024.
The major imports include petroleum products, machinery, and agricultural commodities like durum wheat, reflecting Nigeria's heavy reliance on foreign grain supplies. The data, released by the Nation Bureau of Statistics (NBS), highlights the significant role of the U.S. in Nigeria's trade landscape.
Plus234Feed summary based on reporting from Business Day. Read the original report below.
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