Crude oil exports from Nigeria once again showed their resilience as the main driving force behind the trade between Nigeria and the UK, resulting in the impressive figure of £7.6bn in bilateral trade in 2025.
New statistics provided by the UK Department for Business and Trade pointed out that the commercial relationship between both countries increased significantly because of the export of energy sources.
Indeed, the UK imported crude oil worth £719.2m from Nigeria; crude accounted for the largest share of exports of the country to the UK.
Additionally, the country bought petroleum products and gas worth £514.3m and £167.8m respectively.In addition to oil and gas supplies, Nigeria supplied various agricultural and industrial products such as coffee, tea, and cocoa (£17.9m) and processed fertilizers (£17.2m).
Total trade increased by 10.8 per cent from the year 2024 and stood at an amount of £737m. The UK exported goods to Nigeria worth £5.5bn and imported goods from Nigeria worth £2.1bn.
Some of the major items that the UK exported included processed petroleum products worth £1.1bn, textile fabrics, industrial equipment, toiletries, beverages, and tobacco products.
The report further indicated that the UK had a trade surplus of £3.3bn with Nigeria, mostly driven by services.
The experts believe that these figures depict increasing economic relations between the two countries amid various economic uncertainties across the globe.
