Abuja, Nigeria – Nigeria’s imports from Europe dropped N5.36 trillion to N17.44 trillion in 2025 from N22.80 trillion in 2024, per National Bureau of Statistics data. Total imports still rose N6.76 trillion to N67.35 trillion, shrinking Europe’s share from 37.63% to 25.90% and signaling a major sourcing pivot.
Okay News reveals mixed country trends: Netherlands led gains with N1.04 trillion surge to N3.35 trillion, UK climbed N794.77 billion to N1.83 trillion, Italy jumped N884.79 billion to N1.83 trillion. France plunged N760.08 billion to N895.80 billion, Spain fell N414.17 billion to N1.05 trillion, Germany dipped slightly N4.32 billion.
The “Others” category crashed N12.57 trillion from N14.13 trillion to N1.56 trillion—over twice the total European decline—showing Nigeria cut broad small-economy ties, focusing on strategic partners like Netherlands for cost efficiency.
Asia absorbs the shift with competitive pricing and flexible chains, cutting Europe concentration risks but potentially limiting high-value capital goods; total import growth reflects naira stability favoring diversification over traditional flows.
This structural rebalancing strengthens resilience against European disruptions while reshaping industrial input access in Nigeria’s evolving global trade stance.
