Abuja — Trade activities between Nigeria and Taiwan received a boost in 2008, as total trade between both countries for the month of January through August 2008, is put at US $728,896,841, with Nigeria enjoying a trade surplus of US $354,971,007.Statistics from the Trade Mission of the Republic of China (Taiwan) in Nigeria show that within the period under review, Nigeria imported products worth US $186,962,917 while Taiwan's imports from Nigeria was US $541,933,924.In comparison, the total trade volume last year was US $541 million, with Nigeria enjoying a trade surplus of US $162 million. On the average, for over 15 years, the total annual volulme of trade had hovered around US $ 500 million, until this year.With this record breaking development, just within eight months of the year, the potential for higher trade figures for the rest of the year and the future is guaranteed.
Nigeria: Taiwan Trade Hits $729 Million
By Isaac Aimure, 26 December 2008Copyright © 2008 Leadership. All rights reserved. Distributed by AllAfrica Global Media (allAfrica.com). To contact the copyright holder directly for corrections — or for permission to republish or make other authorized use of this material, click here.
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