2023
Exports
$5.16kWorld Rnk 111 / 135
Flag Rnk 784 / 1096
2023
PRODUCT COMPLEXITY IN Wheat
-0.28Rnk 640 / 1025
2023
Imports
$2.97BWorld Rnk 6 / 195
Flag Rnk 3 / 1184
2023
ECONOMIC COMPLEXITY of Nigeria
-1.75Rnk 129 / 132

About

Exports In 2023, Nigeria exported $5.16k in Wheat, making it the 111th largest exporter of Wheat in the world. At the same year, Wheat was the 784th most exported product in Nigeria. The main destination of Wheat exports from Nigeria are: United Kingdom ($2.94k), Canada ($913), United Arab Emirates ($479), Niger ($414), and Netherlands ($188).

The fastest growing export markets for Wheat of Nigeria between 2022 and 2023 were United Kingdom ($2.94k), Canada ($838), and Niger ($414).

Imports In 2023, Nigeria imported $2.97B in Wheat, becoming the 6th largest importer of Wheat in the world. At the same year, Wheat was the 3rd most imported product in Nigeria. Nigeria imports Wheat primarily from: Poland ($886M), Latvia ($669M), Lithuania ($551M), Canada ($287M), and Russia ($238M).

The fastest growing import markets in Wheat for Nigeria between 2022 and 2023 were Poland ($586M), Russia ($163M), and Latvia ($127M).

Latest Trends

Dec 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 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 (2023)$5.16k
IMPORTS (2023)$2.97B
NET TRADE (2023)-$2.97B

In 2023, Nigeria exported $5.16k in Wheat. The main destinations of Nigeria exports on Wheat were United Kingdom ($2.94k), Canada ($913), United Arab Emirates ($479), Niger ($414), and Netherlands ($188).

In 2023, Nigeria imported $2.97B in Wheat, mainly from Poland ($886M), Latvia ($669M), Lithuania ($551M), Canada ($287M), and Russia ($238M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Wheat EXPORT MARKETS FOR Nigeria WERE (2022 - 2023):
United Kingdom$2.94k (1%)
Canada$838 (1.12k%)
Niger$414 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wheat BY Nigeria WERE (2022 - 2023):
Senegal-$1.03M (-100%)
Ghana-$65.7k (-100%)
United Arab Emirates-$490 (-50.6%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Nigeria's main exporting competitors in Wheat were:
In 2023, Nigeria's main importing competitors in Wheat were:

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Trade Value of Wheat by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGhana+ $104k
TOP IMPORT POTENTIALRussia+ $42.4M

Wheat’s highest export potential is Ghana. With an export gap of $104k.   Wheat’s highest import potential is Russia with an import gap of $42.4M.

See methodology.

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