Welcome to Aprokoman - Naija Gossip Hub

China, India lead as Nigeria’s largest trading partners in Q4 2024 [Top 5 list] - Aprokoman - Naija Gossip Hub

China, India lead as Nigeria’s largest trading partners in Q4 2024 [Top 5 list]

by BishopNuel Legend of Gist
02:23 pm on March 11, 2025
125 views
0 replies
China and India have emerged as Nigeria’s largest sources of imports in 2024.

According to the latest trade report from the National Bureau of Statistics (NBS), China remains Nigeria’s top import partner, while India follows.

The bulk of these imports include electronics, machinery, textiles, and industrial equipment, which are crucial to Nigeria’s manufacturing and technology sectors.

India’s contributions are particularly significant in pharmaceuticals, industrial raw materials, and processed food products.


A breakdown of Q4 2024 trade data highlights China’s continued dominance in Nigeria’s import market.

The top five sources of imports for the fourth quarter were:

China – N4.61 trillion (27.80% of total imports)
India – N1.90 trillion (11.43%)
Belgium – N1.39 trillion (8.35%)
United States – N1.06 trillion (6.36%)
France – N601.28 billion (3.62%




https://www.vanguardngr.com/2025/03/china-india-lead-as-nigerias-largest-trading-partners-in-q4-2024-top-5-list/
Topic Image

Related Topics

Nigerian govt to release June inflation data as US CPI rises Again, Nigeria’s inflation drops in June Nigeria’s crude production rises above the OPEC quota for the second time in 2025

Comments & Replies

No comments yet. Be the first to reply!

Login to Reply