3 months ago
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The National Bureau of Statistics has said that Spain, the United States of America, France, India and The Netherlands are Nigeria’s five top export destinations in the second quarter of 2024.
NBS disclosed this in its latest Foreign Trade Data released on Wednesday.
The data showed that the most exported commodities included crude oil, liquefied natural gas, and other petroleum gases in
a gaseous state, superior-quality cocoa beans, and urea.
Nigeria’s total exports in Q2 2024 were valued at N19,418.93 billion, reflecting a 1.31 percent increase compared to N19,167.36 billion in Q1 2024 and a 201.76 percent rise compared to N6,435.13 billion in Q2 2023.
Meanwhile, the value of total imports in the period stood at N12,473.53 billion.
In the period under review, Nigeria recorded N6.95 trillion as a trade surplus in Q2 2024.
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