AGOA Status
Nigeria is eligible for AGOA this year. It also qualifies for textile and apparel benefits.
Trade Agreements
The U.S. and Nigeria signed a Trade & Investment Framework Agreement (TIFA) in 2000. The eighth U.S.-Nigerian TIFA Council Meeting was held in March 2014.
Nigeria Trade Summary
U.S. total goods trade with Nigeria were $9.9 billion in 2024. U.S. goods exports to Nigeria in 2024 were $4.2 billion, up 61.4 percent ($1.6 billion) from 2023. U.S. goods imports from Nigeria in 2024 were $5.7 billion, up 0.1 percent ($7.0 million) from 2023. The U.S. goods trade deficit with Nigeria was $1.5 billion in 2024, a 50.9 percent decrease ($1.6 billion) over 2023.
