China-Nigeria Trade Hits $15.48bn in Seven Months, Up 34.7%

Bilateral trade between China and Nigeria hit $15.48bn from January to July 2025, marking a 34.7% increase compared to last year.

Bilateral trade between China and Nigeria surged to $15.48 billion between January and July 2025, representing a 34.7% year-on-year increase, according to Yan Yuqing, Consul-General of the People’s Republic of China in Lagos.

Yuqing disclosed this during a reception in Lagos on Sunday to mark three events: the 76th anniversary of the founding of the People’s Republic of China, Nigeria’s 64th Independence anniversary, and the Mid-Autumn Festival.

She described Nigeria as China’s second-largest trading partner in Africa, attributing the boost in trade to the elevation of bilateral relations to a comprehensive strategic partnership at the 2024 Forum on China-Africa Cooperation (FOCAC).

“From January to July 2025, bilateral trade reached US$15.483 billion, marking a 34.7 per cent year-on-year increase,” Yuqing said. “Cooperation in infrastructure, investment and trade, energy resources, culture, and education continues to deepen, bringing tangible benefits to both peoples.”

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The envoy noted that China’s economy remained resilient despite global challenges, recording 5.3% GDP growth in the first half of 2025, while maintaining global leadership in innovation.

She also commended the Chinese community in Nigeria for promoting cultural exchange, supporting local development, and engaging in charity initiatives. Yuqing urged them to remain “bridge-builders” in deepening the friendship between both countries while conducting safe and lawful business operations.

The Consulate, she assured, will continue to safeguard the welfare of Chinese nationals in Nigeria while supporting bilateral cooperation and expanding opportunities for growth.