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Nigeria, China trade volume surges to $26bln in 2022

Trade volume between Nigeria and China increased to nearly $26 billion in 2022, The Punch newspaper reported.

The West African nation began exporting 20 containers of agro-commodities to China as part of its plans to increase non-oil export.

The aim is to boost export to China and other countries in the far-east region.

Ginger, sesame seeds and other agro-commodities were loaded in 20 containers in Abuja for export to China.

China Trade Office/Embassy in Nigeria official Allen Znang said that the trade volume between Nigeria and China reached almost $26 billion last year and is set to increase further.

He revealed Nigeria and China trade volumes are more than three times the trade volume with Ghana, four times with Kenya and six times with Cameroon.
Source: Reuters (Editing by Seban Scaria)

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