The United States Mission in Nigeria says agricultural trade between both countries is expected to rise sharply next year, crossing the $700 million mark and setting a new record for bilateral food commerce.
Key Highlights:
The projection was revealed during a visit to Apapa Port in Lagos by Rick Swart, the U.S. Consul General, and Chris Bielecki, the U.S. Agricultural Counsellor.
The officials witnessed the loading of 50,000 metric tonnes of U.S.-grown wheat valued at $15 million.
Nigeria is currently the third largest export market for American wheat, with Flour Mills of Nigeria among the country’s biggest buyers.
The U.S. Mission said the surge in agricultural trade will support American farmers, create more processing jobs in Nigeria, and give Nigerian consumers access to higher-quality food inputs.
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In its note, the Mission explained that the wheat shipment observed at Apapa represents only a fraction of the expanding trade corridors that link both economies. It added that the expected rise in 2025 reflects increased demand from Nigerian food manufacturers who depend on premium wheat and other U.S. agricultural products.
The Mission also highlighted wider economic benefits, pointing to figures released by the National Bureau of Statistics showing that Nigeria’s trade with the United States reached N31.05 trillion between 2015 and 2024. During that period, Nigeria imported U.S. goods worth N14.71 trillion while exporting N16.34 trillion, resulting in a trade surplus in six of the ten years reviewed. The highest surplus was recorded in 2024 at N1.45 trillion.
The expanding agricultural exchange is now viewed as one of the strongest pillars of the two countries’ economic partnership.
