2022
Exports
$957kWorld Rnk 69 / 133
Flag Rnk 184 / 1077
2022
PRODUCT COMPLEXITY IN Wheat
-0.42Rnk 677 / 1025
2022
Imports
$3.03BWorld Rnk 4 / 194
Flag Rnk 2 / 1182
2022
ECONOMIC COMPLEXITY of Nigeria
-1.67Rnk 127 / 133

About

Exports In 2022, Nigeria exported $957k in Wheat, making it the 69th largest exporter of Wheat in the world. At the same year, Wheat was the 184th most exported product in Nigeria. The main destination of Wheat exports from Nigeria are: Senegal ($890k), Ghana ($65.8k), United Arab Emirates ($820), Benin ($149), and South Africa ($68).

The fastest growing export markets for Wheat of Nigeria between 2021 and 2022 were Senegal ($890k), Ghana ($65.8k), and United Arab Emirates ($557).

Imports In 2022, Nigeria imported $3.03B in Wheat, becoming the 4th 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 ($654M), Latvia ($498M), United States ($480M), Argentina ($444M), and Poland ($301M).

The fastest growing import markets in Wheat for Nigeria between 2021 and 2022 were Argentina ($336M), Poland ($301M), and Lithuania ($70.7M).

Latest Trends

Oct 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 (2022)$957k
IMPORTS (2022)$3.03B
NET TRADE (2022)-$3.03B

In 2022, Nigeria exported $957k in Wheat. The main destinations of Nigeria exports on Wheat were Senegal ($890k), Ghana ($65.8k), United Arab Emirates ($820), Benin ($149), and South Africa ($68).

In 2022, Nigeria imported $3.03B in Wheat, mainly from Lithuania ($654M), Latvia ($498M), United States ($480M), Argentina ($444M), and Poland ($301M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Wheat EXPORT MARKETS FOR Nigeria WERE (2021 - 2022):
Senegal$890k (1%)
Ghana$65.8k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wheat BY Nigeria WERE (2021 - 2022):
South Africa-$205 (-75.1%)
Benin-$191 (-56.2%)
Ireland-$144 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Nigeria's main exporting competitors in Wheat were:
In 2022, Nigeria's main importing competitors in Wheat were:
Egypt $4.82B
China $4.52B

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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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