The trade volume between Nigeria and Taiwan declined from $1bn in 2021 to $500m in 2023 after imports from Nigeria matched Taiwan’s demand for imported agricultural products.
The Chief of Mission of the Taiwan Government in Nigeria, Andy Liu, stated this during the 2024 Taiwan Business Forum in Nigeria.
He said Taiwan was a net importer of Nigeria’s agricultural products, especially sesame seeds.
According to him, despite the decline in trade volume by 50%, Nigeria still remained a destination for…
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