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Nigeria's Non-Oil Export Sees 19.59% Growth in First Half of 2025

Strategic Insights

— 2 min read

Nigeria's non-oil export has witnessed a significant increase in the first half of 2025, according to the Nigerian Export Promotion Council (NEPC). The sector grew by 19.59% to $3.22 billion, with about 4.04 million metric tonnes generated. This growth is attributed to the efforts of the NEPC, which has been working with stakeholders and exporters to promote the development of non-oil export and diversify the economy away from oil. The Executive Director/Chief Executive Officer (ED/CEO) of NEPC, Nonye Ayeni, emphasized the importance of the African Continental Free Trade Area (AfCFTA) in connecting 54 countries in Africa with a population of 1.3 billion people and a combined GDP of $3.4 trillion.

Key Takeaways:

  • Nigeria's non-oil export grew by 19.59% in the first half of 2025, generating $3.22 billion and 4.04 million metric tonnes.
  • The growth is attributed to the efforts of the NEPC, which has been working with stakeholders and exporters to promote the development of non-oil export.
  • The highest non-oil export for 2024 and the first half of 2025 is cocoa, with value addition being a major factor in the increase.
  • The NEPC has had 629 programs and six Webinars across its offices in the 36 states and six regional offices, impacting about 64,000 people.
  • AfCFTA aims to create the world's largest free trade area by linking 54 out of 55 African Union nations, boosting intra-African trade and economic development.
  • The agreement seeks to liberalize markets by eliminating tariffs and non-tariff barriers, facilitating the free movement of goods, services, capital and people.
  • Nigerian exporters are advised to make use of trade intelligence tools to effectively penetrate the AfCFTA market and avoid costly mistakes.

Statistics:

  • $3.22 billion: The value of non-oil export in the first half of 2025.
  • 4.04 million metric tonnes: The volume of non-oil export in the first half of 2025.
  • 20.7%: The growth rate of non-oil export in 2024.
  • 19.59%: The growth rate of non-oil export in the first half of 2025.
  • 54 countries: The number of countries participating in AfCFTA.
  • 1.3 billion people: The population of the countries participating in AfCFTA.
  • $3.4 trillion: The combined GDP of the countries participating in AfCFTA.
  • 629 programs: The number of programs conducted by the NEPC.
  • 6 Webinars: The number of Webinars conducted by the NEPC.
  • 64,000 people: The number of people impacted by the NEPC's programs.

Sources:

  • "Nigeria's Non-Oil Export Sees 19.59% Growth in First Half of 2025" - Tribune Online
  • "Nigerian Export Promotion Council (NEPC) Re-energized Webinar Series 6.0"

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