Nigeria
U.S. Trade with Nigeria in 2024
Export Market Rank
#46 Among U.S. Agricultural Export Markets
Total Export Value
$301.06 Million
3-Year Average
$382.36 Million
Compound Average Growth
-7.87% (2015-2024)
Total Export Value 2015 - 2024
Export Value by Commodity 2024
Top 10 Exports to Nigeria in 2024
| Commodity | Total Value (USD) | Total Volume (Metric Tons) | 10-Year Average Value (USD) | 10-Year Growth |
|---|---|---|---|---|
| Wheat | $147.97 Million | 534,815 | $341.95 Million | -72% |
| Food Preparations | $45.62 Million | 11,687 | $21.64 Million | 299% |
| Ethanol (non-bev.) | $43.8 Million | --- | $44.32 Million | 301% |
| Soybeans | $28.74 Million | 64,000 | $12.76 Million | 89% |
| Wine & Related Products | $7.78 Million | --- | $13.45 Million | -68% |
| Distilled Spirits | $6.2 Million | --- | $2.76 Million | 1288% |
| Other Consumer Oriented | $4.85 Million | 391 | $4.7 Million | -64% |
| Dairy Products | $3.84 Million | 2,979 | $5.43 Million | -62% |
| Rice | $1.52 Million | 1,838 | $685,157 | 2279% |
| Tobacco | $1.35 Million | 428 | $4.68 Million | -86% |
Data and Analysis
FAS-Lagos forecasts a 12 percent increase in raw sugar imports in marketing year (MY) 2025/26 compared to the prior year. This is due to increased foreign exchange availability, appreciation of the naira, and the projected increase in consumption.
This report was revised to reflect all major export certificates and import permits that the government of Nigeria (GON) requires for exporting agricultural and related products from the United States to Nigeria.
Corn, wheat, rice, and sorghum consumption is expected to increase in marketing year (MY) 2025/26 due to the appreciation of the naira, slowing food price inflation, and macroeconomic stabilization.
News and Features
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...
U.S. Deputy Secretary of Agriculture Stephen Censky led a successful trade mission to West Africa, October 28-31, where he helped U.S. exporters unlock new opportunities in the region and advocated for the Administration’s Prosper Africa initiative...