Malaysia–Nigeria trade reaches US$1.23 billion as exports rise 20% in 2025

Trade between Malaysia and Nigeria recorded significant growth in 2025, with Malaysian exports rising by 20.7 per cent to reach US$664 million, reports News Agency of Nigeria (NAN), a partner of TV BRICS.

According to data from Malaysia External Trade Development Corporation, the increase was largely driven by higher shipments of palm oil and related agricultural products, which surged by 33.7 per cent. Industrial exports also posted notable gains, including transport equipment, machinery and processed food, signalling a broadening trade structure beyond traditional commodities.

Total trade between the two countries reached US$1.23 billion in 2025, positioning Nigeria as Malaysia’s fourth-largest trading partner in Africa. Imports from Nigeria were led by agricultural goods, petroleum products and mineral resources, highlighting a complementary trade relationship between the two economies.

Malaysian High Commissioner to Nigeria, Aiyub Omar, stated that the sustained growth provides a solid foundation for expanding long-term economic cooperation. He noted that collaboration increasingly extends beyond goods to include technical expertise, infrastructure development and knowledge transfer in priority sectors such as agriculture.

The partnership is also supporting Nigeria’s efforts to strengthen domestic production capabilities, particularly in palm oil cultivation, with large-scale plantation development underway. In parallel, both sides are exploring new avenues of cooperation, including the development of halal-certified industries and the expansion of healthcare services.

Officials highlighted that growing participation in international trade platforms and rising engagement from West African partners are expected to further accelerate commercial exchanges in the coming years.

The latest figures underscore a broader trend of strengthening South–South economic cooperation, as emerging markets deepen trade links and diversify growth opportunities across regions.