Nigeria, U.S. Bilateral Trade Rises to Nearly $15bn

Nigeria’s trade relationship with the United States expanded significantly in 2025, with total bilateral trade approaching $15 billion, representing a 14 per cent increase over the previous year and reinforcing Nigeria’s position as the second-largest U.S. trading partner in Sub-Saharan Africa.

The development reflects growing commercial engagement between both countries, with trade spanning energy, agriculture, manufacturing, technology and other strategic sectors.

Speaking on the deepening economic relationship, U.S. Ambassador to Nigeria, Richard Mills Jr., said the improved trade performance underscores the strength of the long-standing partnership between the two countries and highlights the opportunities available for businesses and investors.

According to the envoy, the United States remains committed to expanding investment flows into Nigeria while supporting reforms aimed at improving the business environment, increasing market access and strengthening private sector collaboration.

Beyond trade, both countries continue to cooperate across key sectors including energy, agriculture, digital technology, infrastructure development and security, with growing emphasis on creating jobs and promoting sustainable economic growth.

Analysts say sustaining the momentum will depend on Nigeria’s ability to diversify exports beyond crude oil, improve industrial competitiveness and take fuller advantage of preferential trade arrangements and investment opportunities with the United States.

The latest trade figures further reinforce the United States’ position as one of Nigeria’s most important economic partners, even as both countries seek to deepen commercial ties and unlock new investment opportunities across high-growth sectors.