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2022
Exports $261kWorld Rnk 100 / 160
Flag Rnk 318 / 1077
2022
Destination $53.4k Niger
2021 - 2022
FASTEST GROWING MARKET $53.4kUnited States
2022
PRODUCT COMPLEXITY IN Corn-1.16Rnk 869 / 1025
2022
Imports $2.99MWorld Rnk 144 / 212
Flag Rnk 668 / 1182
2022
Origin $1.15M Malawi
2021 - 2022
FASTEST GROWING ORIGIN $1.15MMalawi
2022
ECONOMIC COMPLEXITY of Nigeria-1.67Rnk 127 / 133

About

Exports In 2022, Nigeria exported $261k in Corn, making it the 100th largest exporter of Corn in the world. At the same year, Corn was the 318th most exported product in Nigeria. The main destination of Corn exports from Nigeria are: Niger ($179k), United States ($60.2k), Burkina Faso ($7.77k), Canada ($6.06k), and United Kingdom ($5.12k).

The fastest growing export markets for Corn of Nigeria between 2021 and 2022 were United States ($53.4k), Niger ($7.85k), and Burkina Faso ($7.77k).

Imports In 2022, Nigeria imported $2.99M in Corn, becoming the 144th largest importer of Corn in the world. At the same year, Corn was the 668th most imported product in Nigeria. Nigeria imports Corn primarily from: Malawi ($1.15M), Argentina ($1.03M), Brazil ($357k), South Africa ($117k), and Niger ($58.5k).

The fastest growing import markets in Corn for Nigeria between 2021 and 2022 were Malawi ($1.15M), Niger ($58.5k), and Tanzania ($45k).

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 Corn. 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)$261k
IMPORTS (2022)$2.99M
NET TRADE (2022)-$2.73M

In 2022, Nigeria exported $261k in Corn. The main destinations of Nigeria exports on Corn were Niger ($179k), United States ($60.2k), Burkina Faso ($7.77k), Canada ($6.06k), and United Kingdom ($5.12k).

In 2022, Nigeria imported $2.99M in Corn, mainly from Malawi ($1.15M), Argentina ($1.03M), Brazil ($357k), South Africa ($117k), and Niger ($58.5k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Corn EXPORT MARKETS FOR Nigeria WERE (2021 - 2022):
United States$53.4k (782%)
Niger$7.85k (4.6%)
Burkina Faso$7.77k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Corn BY Nigeria WERE (2021 - 2022):
Ghana-$92.8k (-100%)
Guinea-$22.1k (-100%)
United Arab Emirates-$1.08k (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Nigeria's main exporting competitors in Corn were:
United States $19.3B
Brazil $12.4B
Argentina $9.79B
In 2022, Nigeria's main importing competitors in Corn were:
China $6.81B
Mexico $5.38B
Japan $5.12B

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Trade Value of Corn by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $103k
TOP IMPORT POTENTIALBrazil+ $772k

Corn’s highest export potential is United States. With an export gap of $103k.   Corn’s highest import potential is Brazil with an import gap of $772k.

See methodology.

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