Nigeria recorded N7.01 trillion in foreign exports in the second quarter of 2023, with the Netherlands and the United States of America (USA) making the top five export destinations.
In foreign trade data for Q2 2023 released by the National Bureau of Statistics (NBS) on Thursday, the total value of foreign exports depreciated by 5.20 per cent year-on-year compared to N7.4 trillion recorded in the same period in 2022.
However, on a quarter-on-quarter basis, export trades surged by 8.15 per cent, surpassing the N6.48 trillion reported in the first quarter of this year.
