US demand for Nigerian goods drops N365.6 billion as trade deficit widens

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Nigeria's exports to the US dropped by N365.64 billion in Q1 2026, while imports from the US nearly doubled, widening Nigeria's bilateral trade deficit with the US to about N1.63 trillion. This highlights a growing imbalance in trade between the two nations.

Nigeria's exports to the United States fell by N365.64 billion in the first quarter of 2026, even as imports from the world's largest economy almost doubled, pushing the country's bilateral trade deficit with the US to about N1.63 trillion. The post US demand for Nigerian goods drops N365.6 billion as trade deficit widens appeared first on Nairametrics.