This is according to the NBS Foreign Trade in Goods Statistics Report for Q2 2024 released in Abuja on Thursday. The NBS said the figure represented a decrease of 3.76% over the value recorded in Q1 2024 and an increase of 150.39% compared to the value recorded in Q2 2023.
The report said total exports stood at ₦19,418.93 billion accounting for 60.89 of total trade while total imports stood at ₦12,473.53 billion. The report said total exports increased by 1.31% compared to the amount recorded in the first quarter of 2024 at ₦19,167.36 billion.
“Also, total exports in Q2 2024 increased by 201.76% when compared to Q2 of 2023 which was recorded at ₦6,435.13 billion.”
