December 5, 2025
US Records Trade Surplus with Nigeria After Sharp Reversal
Business News

US Records Trade Surplus with Nigeria After Sharp Reversal

US Records Trade Surplus with Nigeria After Sharp Reversal

The United States has swung into a \$576 million trade surplus with Nigeria in the first half of 2025, overturning a \$779 million deficit in the same period last year.

Fresh figures from the U.S. Census Bureau show exports to Nigeria rose by 41% to $3.34 billion, while imports dropped 12% to $2.76 billion. The monthly data for June highlights the scale of the turnaround, with exports nearly tripling and the balance flipping from a $182 million deficit in 2024 to a $280 million surplus this year.

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Analysts point to Nigeria’s growing dependence on U.S. machinery, vehicles, and pharmaceuticals as foreign exchange shortages squeeze local industry.

Despite the gain, the broader U.S.–Africa trade balance remains in deficit, with surpluses recorded only with Nigeria and Egypt.

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