September 20, 2025

trade imbalance

Business

Nigeria’s Manufacturing Sector Records Persistent Trade Imbalance Despite Export Growth

Abuja, Nigeria | September 19, 2025 Nigeria’s manufacturing sector continues to face a wide trade imbalance, as imports of manufactured goods significantly outpace exports despite recent improvements. According to data released by the National Bureau of Statistics, exports of manufactured goods rose to ₦803.81 billion in the second quarter of 2025, representing a 173 percent

Read More