The National Bureau of Statistics says the All-commodity group import index increased by an average of 0.11 per cent in the fourth quarter of 2025.

The NBS said this in its Commodity Price Indices and Terms of Trade for Q4 2025, released on Tuesday.

It said the increase could be attributed to changes in the import prices of paper-making materials, paper, and paperboard articles. Others are textiles and textile articles, mineral products, and articles of stone, plaster, cement, asbestos, and mica.

The NBS said that the all-commodity group export price index on average also increased by 0.12 percentage points in Q4 2025.

It said the increase was mainly due to higher prices for miscellaneous manufactured articles; vehicles, aircraft, and parts thereof; and vessels, among others. Others are base metals and articles of base metals; plastic, rubber and articles thereof.

The bureau said the All Products Terms Of Trade index increased by 0.01 per cent on average. The TOT is the ratio of a country’s export prices to its import prices.

The NBS said that the All-region group export index increased by 0.12 per cent, mainly due to an increase in the rate of price change in exports to all regions except  Oceania.

It said the all-region group import index increased by 0.11 percentage points due to a rise in the rate of change in import prices from all regions.

It said that the All-region terms of trade increased by 0.01 per cent on average.

The report said that the major export destinations of Nigeria in Q4 2025 were the Netherlands, India, Spain, France, and Canada.

(NAN)