Export Analysis: Nigeria Is The Largest Economy On The Continent
Export Analysis
http://www.palmadex.com/wp-content/uploads/2023/05/images-29.jpeg
Experts point out that while Nigeria is the largest economy on the continent, the bulk of its exports goes to Europe, Asia and America. Indeed, in its foreign trade in goods statistics report for Q4’22 released late last month, the NBS stated: “The value of total export stood atN6,359.61 billion in the fourth quarter of 2022, this accounted for 54.25 per cent of total trade.
The African Continental Free Trade Area (AfCFTA), has the potential to increase employment opportunities and incomes, helping to expand opportunities for all Africans. “The AfCFTA is expected to lift around 68 million people out of moderate poverty and make African countries more competitive”
We are reliable Exporters of Agricultural Commodities and Processed Foods, such as sesame seed, hibiscus, cassava, charcoal, ginger, raw cashew nut, cocoa beans, coffee, kola nuts, poultry, groundnut, locust beans, vegetables and rubber among others.
Winners of Best Agricultural Product export company of the year by the Nigeria Export Summit. And also winners of the best export trading institute of the year 2019. We are the benchmark to export trading in Nigeria, We provide executive training, with the best curriculum and hands-on training.
Share this post on:
You may also like
Comments
One Comment
Great read! Your breakdown of the topic is commendable. For further reading, here’s a useful resource: READ MORE. Let’s discuss!