OIC Economies

Nigeria’s exports trade forecasted to peak at $112 bn by 2030


Published 25 Nov,2021 via BizWatchNigeria - Nigeria’s export trade is projected to reach $112 billion in 2030, topping the volume for Africa according to a new research by Standard Chartered Bank.

The research, titled, “Future of Trade 2030: Trends and Markets to Watch,” also forecasted that the global exports trade would grow from $17.4 trillion to $29.7 trillion between 2021 and 2030.

At a 9.7 percent yearly growth rate, the report anticipates Nigeria’s export volume to peak at $112 billion by 2030.

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