2021
Exports | Imports
$1.13k | $3.32BWorld Rnk 109 / 135
Flag Rnk 879 / 1041
World Rnk 2 / 196
Flag Rnk 2 / 1185
2021
ECONOMIC COMPLEXITY of Nigeria
-1.56Rnk 126 / 131
2021
PRODUCT COMPLEXITY IN Wheat
-0.4Rnk 677 / 1024

About

Exports In 2021, Nigeria exported $1.13k in Wheat, making it the 109th largest exporter of Wheat in the world. At the same year, Wheat was the 879th most exported product in Nigeria. The main destination of Wheat exports from Nigeria are: Benin ($339), South Africa ($273), United Arab Emirates ($263), Ireland ($144), and Netherlands ($68).

The fastest growing export markets for Wheat of Nigeria between 2020 and 2021 were Benin ($339), United Arab Emirates ($263), and South Africa ($220).

Imports In 2021, Nigeria imported $3.32B in Wheat, becoming the 2nd largest importer of Wheat in the world. At the same year, Wheat was the 2nd most imported product in Nigeria. Nigeria imports Wheat primarily from: Lithuania ($582M), Latvia ($508M), United States ($508M), Russia ($493M), and Ukraine ($490M).

The fastest growing import markets in Wheat for Nigeria between 2020 and 2021 were Ukraine ($490M), Latvia ($316M), and United States ($197M).

Latest Trends

Dec 2023

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 Wheat. 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 (2021)$1.13k
IMPORTS (2021)$3.32B
NET TRADE (2021)-$3.32B

In 2021, Nigeria exported $1.13k in Wheat. The main destinations of Nigeria exports on Wheat were Benin ($339), South Africa ($273), United Arab Emirates ($263), Ireland ($144), and Netherlands ($68).

In 2021, Nigeria imported $3.32B in Wheat, mainly from Lithuania ($582M), Latvia ($508M), United States ($508M), Russia ($493M), and Ukraine ($490M).

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Export Destinations (2021)

Import Origins (2021)

Market Growth

Flow
THE FASTEST GROWING Wheat EXPORT MARKETS FOR Nigeria WERE (2020 - 2021):
Benin$339 (1%)
South Africa$220 (415%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wheat BY Nigeria WERE (2020 - 2021):
Niger-$14.9k (-100%)
Belgium-$1.41k (-99.2%)
Canada-$38 (-100%)

Change in Exports by Market (2020 - 2021)

Market Concentration

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Flow
Type
In 2021, Nigeria's main exporting competitors in Wheat were:
In 2021, Nigeria's main importing competitors in Wheat were:
Egypt $4.53B

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Trade Value of Wheat by Exporters

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