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Netherlands overtakes India as Nigeria’s second largest trade partner

Netherlands overtakes India as Nigeria’s second largest trade partner

The Netherlands has overtaken India to become Nigeria’s second-largest trade partner in 2023 behind China, revealing shifting dynamics within Nigeria’s foreign economic engagements, the latest foreign trade statistics reports of the National Bureau of Statistics (NBS) have shown. Nigeria recorded a total foreign trade of N71.8 trillion in 2023 out of which 14 of its major trading partners made up N45.4 trillion...