Key Highlights
- Nigeria's non-oil exports reached N12.36 trillion in 2025, a substantial increase from N9.09 trillion in 2024.
- Mineral products were the dominant category in non-oil exports, with significant contributions from vehicles, aircraft, and base metals.
- Monthly export figures in 2025 consistently exceeded N1 trillion in several months, indicating strong and steady export activity.
- The data reflects ongoing efforts to reduce dependence on crude oil revenues through diversification into agriculture, manufacturing, and mineral resources.
Nigeria has witnessed a significant surge in its non-oil export performance, with the total value reaching N12.36 trillion in 2025. This robust figure, spanning from January to December, represents a marked improvement from the N9.09 trillion recorded in 2024, according to the latest Foreign Trade in Goods Statistics released by the National Bureau of Statistics (NBS).
The latest data underscores the nation's continued progress in expanding its export base beyond crude oil. Policymakers' efforts to foster growth in sectors such as agriculture, manufacturing, and mineral resources are evident in this strengthened performance, signaling a strategic move towards reducing reliance on volatile oil revenues.
Nigeria's non-oil export sector has demonstrated a strengthening trend in recent years. The 2025 figures indicate a strong rebound following earlier fluctuations in export values, showcasing a steady recovery across multiple industries.
The monthly contributions to non-oil exports in 2025 further illustrate this consistent growth trajectory. While specific monthly figures were not provided in a table format in the source material, the report indicates that several months exceeded the N1 trillion mark, highlighting sustained export activity throughout the year.
A detailed breakdown of the 2025 export earnings reveals that mineral products constituted the largest share of Nigeria's non-oil export revenue during the year. Beyond mineral products, other sectors also made substantial contributions to the overall non-oil export performance. Vehicles, aircraft, and related parts generated N1.10 trillion, while base metals and articles of base metals contributed N646.16 billion.
Further breakdown shows that exports of articles of stone, plaster, cement, asbestos, mica, and ceramic products amounted to N369.58 billion. Plastics, rubber, and related articles followed with N244.17 billion in exports. Additionally, machinery under boilers, machinery and chemical appliances, and their parts recorded N207.48 billion in export earnings.
This positive trend was previously highlighted by Nairametrics, which reported in an earlier analysis that Nigeria's non-oil exports had surged to a record N9.2 trillion in the first nine months of 2025. This represented a significant 48% increase compared to the N6.2 trillion recorded over the same period in 2024.
The consistent growth in non-oil exports is a crucial development for Nigeria's economic stability and diversification strategy. It indicates a growing capacity to compete in international markets across a broader range of goods.