Nigeria'sUS crude exports drop 8.2% in 2025 despite 52.2% market share
Nigeria supplied 46.618 million barrels of crude oil to the United States in 2025, down 8.2% from 50.793 million barrels in 2024. This represents 52.2% of Africa's total US crude exports (89.371 million barrels), up from 49.0% the previous year. While Nigeria strengthened its relative position in the US market, absolute revenue fell 20.5% to $3.545 billion due to weaker pricing and volumes. Angola and Ghana saw steeper declines, while Libya was the only major African supplier to increase exports. The stable gap between customs and CIF values suggests logistics costs weren't the primary pressure point. Nigeria's dominance came within a shrinking market, highlighting revenue vulnerability tied to market fundamentals rather than logistics.