See 8 key trends from Nigeria new trading data, as trade surplus hit 17-year high

• Manufactured goods (N8.47 trillion), up 113.34% YoY.
• Raw materials (N2.10 trillion), rising 118.17% YoY.
• Agricultural imports (N1.09 trillion), growing 53.35% YoY.

The National Bureau of Statistics (NBS) recently released its foreign trade-in goods statistics for 2024.

According to the bureau, Nigeria recorded a trading volume of N138.03 trillion in 2024, the highest in a very long while.

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