2022
Exports | Imports
$315M | $3.08MWorld Rnk 4 / 173
Flag Rnk 10 / 1077
World Rnk 99 / 217
Flag Rnk 662 / 1182
2022
ECONOMIC COMPLEXITY of Nigeria
-1.67Rnk 119 / 124
2022
PRODUCT COMPLEXITY IN Other Oily Seeds
-2.36Rnk 1013 / 1025

About

Exports In 2022, Nigeria exported $315M in Other Oily Seeds, making it the 4th largest exporter of Other Oily Seeds in the world. At the same year, Other Oily Seeds was the 10th most exported product in Nigeria. The main destination of Other Oily Seeds exports from Nigeria are: Japan ($106M), Turkey ($47.3M), Vietnam ($44M), China ($41.3M), and Greece ($23M).

The fastest growing export markets for Other Oily Seeds of Nigeria between 2021 and 2022 were Japan ($31.2M), Vietnam ($21.8M), and Greece ($7.63M).

Imports In 2022, Nigeria imported $3.08M in Other Oily Seeds, becoming the 99th largest importer of Other Oily Seeds in the world. At the same year, Other Oily Seeds was the 662nd most imported product in Nigeria. Nigeria imports Other Oily Seeds primarily from: Benin ($1.52M), Indonesia ($786k), France ($196k), Cameroon ($195k), and Chad ($176k).

The fastest growing import markets in Other Oily Seeds for Nigeria between 2021 and 2022 were Benin ($1.34M), Indonesia ($618k), and Chad ($151k).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Other Oily Seeds from Nigeria to the United States.

Latest Trends

Feb 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Other Oily Seeds. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$315M
IMPORTS (2022)$3.08M
NET TRADE (2022)$312M

In 2022, Nigeria exported $315M in Other Oily Seeds. The main destinations of Nigeria exports on Other Oily Seeds were Japan ($106M), Turkey ($47.3M), Vietnam ($44M), China ($41.3M), and Greece ($23M).

In 2022, Nigeria imported $3.08M in Other Oily Seeds, mainly from Benin ($1.52M), Indonesia ($786k), France ($196k), Cameroon ($195k), and Chad ($176k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Oily Seeds EXPORT MARKETS FOR Nigeria WERE (2021 - 2022):
Japan$31.2M (41.7%)
Vietnam$21.8M (98.1%)
Greece$7.63M (49.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Oily Seeds BY Nigeria WERE (2021 - 2022):
Turkey-$4.01M (-7.8%)
China-$3.87M (-8.57%)
Germany-$3.79M (-29.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Nigeria's main exporting competitors in Other Oily Seeds were:
Sudan $654M
India $535M
China $378M
In 2022, Nigeria's main importing competitors in Other Oily Seeds were:

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Trade Value of Other Oily Seeds by Exporters

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