Nigeria
U.S. Trade with Nigeria in 2022
Export Market Rank
#38 Among U.S. Agricultural Export Markets
Total Export Value
$631.45 Million
3-Year Average
$614.37 Million
Compound Average Growth
-5.56% (2013-2022)
Total Export Value 2013 - 2022
Export Value by Commodity 2022
Top 10 Exports to Nigeria in 2022
Commodity | Total Value (USD) | Total Volume (Metric Tons) | 10-Year Average Value (USD) | 10-Year Growth |
---|---|---|---|---|
Wheat | $481.67 Million | 1.18 Million | $478.13 Million | -50% |
Ethanol (non-bev.) | $58.83 Million | --- | $42.65 Million | 453% |
Food Preparations | $23.17 Million | 4,133 | $16.86 Million | 125% |
Wine & Related Products | $19.75 Million | --- | $15.18 Million | 146% |
Fish and Seafood | $12.82 Million | 9,443 | $14.68 Million | -23% |
Other Intermediate Products | $9.08 Million | 6,052 | $6.4 Million | 164% |
Distilled Spirits | $6.24 Million | --- | $2.52 Million | 24% |
Essential Oils | $3.7 Million | 326 | $2.58 Million | 799% |
Dairy Products | $2.24 Million | 706 | $7.17 Million | -79% |
Tobacco | $2.08 Million | 721 | $6.56 Million | -80% |
Data and Analysis
Attaché Report (GAIN)
Nigeria: Government Lifts Foreign Exchange Import Restrictions but Challenges Continue
In 2023, food and agricultural imports have become increasingly expensive as the government has been largely unsuccessful at stemming the naira’s decline relative to the U.S. dollar.
This report provides the latest updates in Nigeria’s Hotel, Restaurant, and Institutional (HRI) sector and provides a road map for U.S. exporters wishing to enter the market. While Nigeria has Africa's largest potential consumer base, consumer...
Post estimates marketing year (MY) 2023/24 wheat consumption to decrease to 4.5 million metric tons (MMT) or 10 percent from USDA's official estimate.
News and Features
News Release
Biden-Harris Administration Invests $178 Million in International Food for Progress Projects
USDA will invest $178 million in seven international development projects on four continents to support U.S. government priorities including promoting climate-smart agriculture, facilitating trade and addressing the root causes of migration in Central America.
Private exporters reported the following activity: 132,000 MT of soybeans for delivery to China during MY 2022/2023 and 120,000 MT of hard red winter wheat for delivery to Nigeria - 60,000 MT is for delivery during MY 2021/2022 and 60,000 MT is for delivery during MY 2022/2023.
Export Sales Announcement
Private Exporters Report Sales Activity for China, Mexico, Nigeria, and Unknown Destinations
WASHINGTON, January 21, 2021—Private exporters reported to the U.S. Department of Agriculture the following activity: Export sales of 136,000 metric tons of soybeans for delivery to China during the 2020/2021 marketing year; Export sales of 163,290...