Nigeria’s US auto imports rise 41.3% to $602m

Data from the US Census Bureau and NPA revealed that Nigerian automotive imports from the US reached $602 million in the first five months of 2026, a 41.3% increase from the same period in 2025.

Data released by the U.S. Census Bureau and the Nigerian Ports Authority revealed that Nigerian automotive imports from the United States reached $602 million during the first five months of 2026—a 41.3% increase compared to the same period in 2025. Analysts attributed the rise to easing foreign exchange volatility and improved port handling capacities.

The increase in automotive imports reflects growing consumer demand and improved economic conditions. The easing of foreign exchange volatility has made it easier for importers to access dollars, while improved port handling capacities have reduced the time it takes to clear goods. The trend suggests that the Nigerian economy is recovering.

However, the increase in imports also highlights Nigeria’s continued dependence on foreign goods. The government has been trying to promote local manufacturing, but the increase in automotive imports suggests that domestic production is still insufficient.

This echoes the 2018 increase in automotive imports, which also reflected improved economic conditions. The mechanism then was different, but the result was the same: a growing demand for imported vehicles.

The winners: automotive importers, who have seen increased demand; and the Nigerian economy, which benefits from increased trade. The losers: local vehicle manufacturers, who face increased competition; and the Nigerian government, which must promote local manufacturing.

Bottom Line: Nigeria’s US auto imports are up 41.3% to $602 million. The demand for foreign vehicles is growing. The question is whether local manufacturers can compete.