Nigeria's 16-Month Canada Trade Surplus Streak Ends as Exports Plunge 99.6% : Afroconomy - Afroconomy
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Nigeria

Nigeria's 16-Month Canada Trade Surplus Streak Ends as Exports Plunge 99.6%

Nigeria’s trade balance with Canada swung sharply into a N23.21 billion deficit in June 2026, ending a 16-month streak of consecutive monthly trade surpluses, as exports to the North American country collapsed to just N1.54 billion, a sig

Afroconomy Intelligence
1 min readAI Summary
Nigeria's 16-Month Canada Trade Surplus Streak Ends as Exports Plunge 99.6%
Credit: Nairametrics

Nigeria's trade balance with Canada shifted to a N23.21 billion deficit in June 2026, ending 16 consecutive months of surpluses. Exports to Canada fell to N1.54 billion, a 99.55% decline from the prior month.

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