Nigeria’s exports of four key crude oil grades are set to average about 793,000 barrels per day in March, according to preliminary loading programmes reviewed by Reuters.

The planned shipments mark a decline from February, when the same grades, Qua Iboe, Bonny Light, Bonga and Forcados—were scheduled to load 922,000 barrels per day. The drop of roughly 14 percent comes amid shifts in both domestic refining and global crude flows.

Volumes for each grade are outlined in the schedules, expressed in barrels per day, with totals subject to rounding. The four grades together account for the bulk of Nigeria’s crude exports.

Crude remains the largest component of Nigeria’s export earnings, though non-oil exports such as cocoa and fertilisers have been rising. The country’s broader trade surplus has grown in 2025, reflecting strong export performance across multiple sectors.

For the first time on record, U.S. crude exports to Nigeria surpassed imports in February and March, driven by domestic refinery demand and Nigeria’s Dangote refinery intake.