Nigeria recorded a strong leap in export diversification in 2025, with non-oil exports rising to N12.36 trillion, up from N9.09 trillion in 2024.
This growth signals a gradual shift away from oil dependency toward a more balanced and sustainable economy.
Agriculture Leads the Charge
According to data from the National Bureau of Statistics (NBS), agricultural products contributed a significant 41.04% of total non-oil exports.
This highlights agriculture as a major driver of Nigeria’s export performance.
Cocoa Takes the Lead
Among all agricultural exports, cocoa emerged as the top performer, accounting for 24.61% of total non-oil exports.
Alongside cocoa, cashew also played a key role in boosting export earnings, reinforcing Nigeria’s strength in cash crop production.
Export Volume Also on the Rise
Data from the Nigerian Export Promotion Council (NEPC) shows that export volume increased to 8.02 million metric tonnes in 2025, up from 7.29 million metric tonnes in 2024.
This represents a 10% growth, indicating stronger global demand for Nigerian products.
Why This Matters for the Economy
Also, The rise in agricultural exports brings several benefits:
- Reduced reliance on crude oil revenue
- Increased foreign exchange earnings
- Growth in rural economies
- Job creation across the agricultural value chain
A Step Toward Economic Diversification
However, Nigeria’s continued investment in agriculture is beginning to pay off, with cocoa and cashew leading the way in global markets.
This progress supports long-term goals of building a resilient, diversified economy.
With cocoa and cashew driving billions in export value, Nigeria is steadily redefining its economic future.
If this momentum continues, agriculture could become one of the country’s most powerful engines of growth.
