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2023
Exports $55.9kWorld Rnk 22 / 48
Flag Rnk 520 / 1096
falsefalse Niger
2022 - 2023
FASTEST GROWING MARKETfalseNiger
2023
Imports $247World Rnk 0 / 0
Flag Rnk 0 / 0
2022 - 2023
FASTEST GROWING ORIGINfalsefalse
2023
ECONOMIC COMPLEXITY of Nigeria-1.75Rnk 129 / 132

About

Exports In 2023, Nigeria exported $55.9k in Ground Nut Meal, making it the 22nd largest exporter of Ground Nut Meal in the world. At the same year, Ground Nut Meal was the 520th most exported product in Nigeria. The main destination of Ground Nut Meal exports from Nigeria are: Niger ($47.8k), United States ($4.76k), Benin ($3.11k), Ireland ($215), and Germany ($16).

The fastest growing export markets for Ground Nut Meal of Nigeria between 2022 and 2023 were Niger ($47.5k), Benin ($3.11k), and Ireland ($210).

Imports In 2021, Nigeria imported $247 in Ground Nut Meal, becoming the 0th largest importer of Ground Nut Meal in the world. At the same year, Ground Nut Meal was the 0th most imported product in Nigeria. Nigeria imports Ground Nut Meal primarily from: N/A.

Latest Trends

Jan 2025

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 Ground Nut Meal. 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)$55.9k
IMPORTS (2021)$247
NET TRADE (2023)$55.9k

In 2023, Nigeria exported $55.9k in Ground Nut Meal. The main destinations of Nigeria exports on Ground Nut Meal were Niger ($47.8k), United States ($4.76k), Benin ($3.11k), Ireland ($215), and Germany ($16).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Ground Nut Meal EXPORT MARKETS FOR Nigeria WERE (2022 - 2023):
Niger$47.5k (15.3k%)
Benin$3.11k (1%)
Ireland$210 (4.2k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Ground Nut Meal BY Nigeria WERE (2022 - 2023):United States-$15.1k (-76%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Nigeria's main exporting competitors in Ground Nut Meal were:
Sudan $48.4M
Argentina $18.5M
India $10.7M
In 2023, Nigeria's main importing competitors in Ground Nut Meal were:
China $48.8M
Chile $14.5M
Burma $6.68M

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Trade Value of Ground Nut Meal by Exporters

Potential Exports

Potential Exports

Flow
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N/A
N/AN/A
N/AN/A

Ground Nut Meal’s highest export potential is N/A. With an export gap of N/A.   Ground Nut Meal’s highest import potential is N/A with an import gap of N/A.

See methodology.

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