Nigeria’s urea exports surged 64 percent year-on-year in the first quarter as the Iran conflict disrupted a key shipping route accounting for 35 percent of global supplies. The country’s urea exports surged to N1.3 trillion in the first quarter of 2026 from N797.7 billion in the same period of 2025, according to data from the National Bureau of Statistics. The Iran conflict closed the Strait of Hormuz, sending fertiliser prices soaring and diverting demand to other producers like Nigeria, which is ramping up urea exports to fill the gap.
Nigeria’s urea exports surged 64 percent year-on-year in the first quarter as the Iran conflict disrupted a key shipping route accounting for 35 percent of global supplies. The country’s urea exports surged to N1.3 trillion in the first quarter of 2026 from N797.7 billion in the same period of 2025, according to data from the National Bureau of Statistics. The
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