Nigeria, Japan trade volume hits $320m

The volume of trade between Nigeria and Japan has hit $320m, information from the Japan External Trade Organisation has revealed. The Trade Commissioner and Managing Director, Japan External Trade Organisation, Shigeyo Nishizawa, said on Wednesday that Nigeria’s import from his country in 2017 slightly decreased by 1.6 per cent to $320.8m, while export to Japan decreased by 7.5 per cent to $783.1m. Nishizawa explained that the trade decline between both countries between 2015 and 2017 was due to decreased natural gas imports, slim harvest of sesame seeds in Nigeria and weak demand for some goods. Read More: