Nigeria’s exports continue to face repeated rejection in European Union markets, a challenge caused by consistent quality failures, weak regulatory enforcement, and heavy dependence on raw commodities.
New trade figures further show that while export values expressed in naira have risen sharply, dollar earnings have continued to decline, undermining Nigeria’s competitiveness abroad.
Meanwhile, South Africa remains one of the African countries with the highest rate of export acceptance in Nigeria and the EU, highlighting the gaps between both economies’ standards and certification systems.
According to data from International Trade Centre (ITC) , Nigeria’s export earnings fell for a second consecutive year in 2024, dropping by 8.5% to $57.9 billion.
The figure had already declined from $63.3 billion in 2022 to $60.65 billion in 2023. In naira terms, however, total exports rose from ₦26.8 trillion in 2022 to ₦36 trillion in 2023 and surged to ₦77.4 trillion in 2024.
These increases reflect the naira’s steep depreciation, not an improvement in the volume or acceptance of Nigerian goods overseas.
Intelpoint data show that the naira weakened from ₦645.2 to the dollar at the end of 2023 to ₦1,478.9 in 2024, marking the sharpest yearly decline in a decade.
EU border agencies have repeatedly rejected Nigerian agricultural and manufactured goods for failing to meet essential sanitary and phytosanitary requirements.
Frequent violations include excessive pesticide residue, poor traceability, contamination detected during inspection, and inconsistencies in certification documentation issued in Nigeria.
These failures stem largely from fragmented supply chains, weak monitoring capacity and a lack of internationally accredited laboratories.
South Africa, Morocco and Kenya maintain far stronger conformity systems, and South Africa in particular consistently delivers some of the highest acceptance rates across EU ports.
The ITC figures show that oil remains the backbone of Nigeria’s exports, contributing nearly 90 per cent of total earnings between 2022 and 2024. Over that period, the country earned $163.2 billion from crude oil out of total export revenues of $181.8 billion.
Despite this dominance, oil earnings have continued to fall, declining from $57.4 billion in 2022 to $55.6 billion in 2023 and then to $50.3 billion in 2024.
Because crude prices are determined externally and the product is exported with limited value addition, Nigeria gains little competitive advantage from currency depreciation.
Non-oil exports recorded mixed fortunes. Cocoa earnings rose from $679 million in 2022 to $759 million in 2023 and climbed sharply to $2.6 billion in 2024.
Fertiliser exports fell from $1.9 billion in 2022 to $935.4 million in 2024. Ores and residues, however, increased from $158.6 million in 2023 to $824.4 million in 2024.
Despite positive growth in some sectors, quality problems have continued to undermine acceptance in Europe, particularly for foods such as beans, palm oil and processed crops.
Nigeria recorded stronger performance in African markets in 2024 due to the relative strength of the West African CFA franc.
Companies such as Unilever Nigeria, Cadbury Nigeria and Guinness Nigeria reported export sales of ₦22.8 billion in 2024, up from ₦9.92 billion in the preceding year. EU markets, however, maintain stricter inspection standards, and Nigeria’s structural weaknesses continue to limit penetration.
The country’s export structure remains heavily constrained by outdated processing technology, weak inspection capacity, irregular regulatory monitoring, and an overreliance on raw commodities.
Also, pipeline vandalism and crude theft also prevent Nigeria from meeting its production benchmark of 1.7 million barrels per day, despite a rise to 1.5 million barrels per day in 2024.
In December 2023, the Federal Government introduced the Trade Policy of Nigeria (2023–2027), aimed at aligning export regulations with World Trade Organisation rules and boosting global competitiveness.
The policy forms part of a wider reform agenda tied to the Medium-Term National Development Plan (2021–2025) and Agenda 2050.
Despite these initiatives, limited investment in quality assurance, industrial processing and standards enforcement continues to weaken Nigeria’s acceptance in high-value markets such as the EU.
