Nigeria-China trade rises 35% to $17.4bn in six months

Résumé détaillé

Trade between Nigeria and China rose by 35% to $17.4bn in the first half of 2026, with Nigeria’s exports to the Asian country increasing by 81% to $2.25bn. Read More:…

Trade between Nigeria and China rose by 35 per cent to $17.4bn in the first half of 2026, with Nigeria’s exports to the Asian country increasing by 81 per cent to $2.25bn, the Director of the China Cultural Centre in Nigeria, Yang Jianxing, has said.

Yang disclosed this on Thursday at the launch of the Mandarin Service of the Voice of Nigeria and the celebration of the China-Nigeria Bridge Chinese Radio Programme in Abuja.

He said the figures reflected growing economic cooperation between both countries, adding that China’s zero-tariff policy for 53 African countries, including Nigeria, had created fresh opportunities for increased exports to the Chinese market.

According to him, China-Africa trade exceeded `$207.4bn in the first half of 2026, setting a record for the period.

He added that China’s imports from Africa reached $28.5bn between May and June, representing a 23.5 per cent increase year-on-year.

Yang said imports of African aquatic products, textile raw materials and specialty fruits recorded double-digit growth, while the zero-tariff policy had contributed to an estimated six per cent increase in overall African exports to China.

“Nigeria’s performance has been particularly impressive. In the first half of this year, bilateral trade between China and Nigeria reached 17.4 billion US dollars, up 35 percent year on year.

“China’s imports from Nigeria amounted to 2.25 billion US dollars, representing a remarkable increase of 81 percent,” he said.

The China Cultural Centre director also disclosed that imports from Nigeria recorded year-on-year growth of more than 40 per cent in May and June.

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