NewzNigeria's exports to China reached $2.25 billion in the first half of 2026, marking an 81 percent year-on-year increase. The growth follows China's implementation of a new zero-tariff policy designed to enhance market access for products originating from 53 African nations, including Nigeria. The figures were officially disclosed by the Chinese Consul General in Lagos, Yan Yuqing.
This surge in trade volume highlights the early impact of Beijing's trade policy shift on the bilateral economic relationship between the two countries. By removing tariff barriers, the policy aims to facilitate greater penetration of Nigerian goods into the Chinese market, contributing to the significant rise in export value observed during the first six months of the year.
In-depth summary · AI, neutral