The Nigerian Export Promotion Council (NEPC) has revealed that Nigeria’s Non-oil products exported in the first quarter of 2025 were valued at $1.791 billion.
The Executive Director/CEO, Nonye Ayeni in a press statement issued at the first quarter progress report on the non- oil export performance for the year 2025 said this is a 24.75% increase over and above US$ 1.436 billion reported in the First Quarter of the year 2024.
She said the volume also increased to 2.416 million metric tonnes which is an increase of 243.44% from 1.937 million Metric Tons recorded in first quarter 2024.
According to her, in the First Quarter of the year 2025, a total of Hundred and Ninety-Seven (197) distinct products were exported.
She said this figure reflects an increase when compared to the Hundred and Sixty-Two (162) products recorded in the First Quarter of 2024.
“These products ranged from manufactured and semi-processed goods, to industrial extracts, and agricultural commodities, amongst others.
“Based on information received from Pre-shipment Inspection Agents (PIAs), of the top-20 products exported in the first quarter of 2025, Cocoa and its derivatives including cocoa butter, cocoa liquor, cocoa cake came first, followed by Urea, Cashew Nut, Sesame Seed, Gold Dore, Cocoa Butter, Aluminium Ingots, Copper Ingot, Soya Beans/meal, Rubber were the top of the list.
“The top commodity in terms of total non-oil export, accounting for 45.02% was Cocoa Beans. Urea/Fertilizer held the second position at 19.32% while Cashew Nuts came third with 5.81% of the total exported products, ” she said.
On performing exporting companies, she said Top Twenty (20) leading export companies, Indorama Eleme Fertilizer and Chemical Limited and Starlink Global & Ideal Limited maintained their position as the first and second with 12.07% and 10.00%, respectively.
She said this is attributed to their notable export values of fertilizer and Cocoa products.
“The top Ten (10) member countries of ECOWAS actively engaged in importing Nigerian products throughout the First Quarter of the year 2025.