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2022
Exports $3MWorld Rnk 37 / 149
Flag Rnk 114 / 1077
2022
Destination $1.34M Pakistan
2021 - 2022
FASTEST GROWING MARKET $1.34MPakistan
2022
PRODUCT COMPLEXITY IN Ground Nuts-2.21Rnk 1007 / 1025
2022
Imports $214kWorld Rnk 139 / 201
Flag Rnk 983 / 1182
2022
Origin $3.66k Niger
2021 - 2022
FASTEST GROWING ORIGIN $3.66kChina
2022
ECONOMIC COMPLEXITY of Nigeria-1.67Rnk 127 / 133

About

Exports In 2022, Nigeria exported $3M in Ground Nuts, making it the 37th largest exporter of Ground Nuts in the world. At the same year, Ground Nuts was the 114th most exported product in Nigeria. The main destination of Ground Nuts exports from Nigeria are: Pakistan ($1.34M), Turkey ($489k), Iraq ($461k), Indonesia ($322k), and United Kingdom ($190k).

The fastest growing export markets for Ground Nuts of Nigeria between 2021 and 2022 were Pakistan ($1.34M), Turkey ($489k), and Iraq ($461k).

Imports In 2022, Nigeria imported $214k in Ground Nuts, becoming the 139th largest importer of Ground Nuts in the world. At the same year, Ground Nuts was the 983rd most imported product in Nigeria. Nigeria imports Ground Nuts primarily from: Niger ($210k) and China ($3.66k).

The fastest growing import markets in Ground Nuts for Nigeria between 2021 and 2022 were China ($3.66k).

Latest Trends

Aug 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 Ground Nuts. 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)$3M
IMPORTS (2022)$214k
NET TRADE (2022)$2.78M

In 2022, Nigeria exported $3M in Ground Nuts. The main destinations of Nigeria exports on Ground Nuts were Pakistan ($1.34M), Turkey ($489k), Iraq ($461k), Indonesia ($322k), and United Kingdom ($190k).

In 2022, Nigeria imported $214k in Ground Nuts, mainly from Niger ($210k) and China ($3.66k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Ground Nuts EXPORT MARKETS FOR Nigeria WERE (2021 - 2022):
Pakistan$1.34M (1%)
Turkey$489k (1%)
Iraq$461k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Ground Nuts BY Nigeria WERE (2021 - 2022):
United Arab Emirates-$156k (-62.8%)
South Africa-$80.8k (-100%)
Netherlands-$42.4k (-93.5%)
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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 Ground Nuts were:
Argentina $818M
India $732M
United States $543M
In 2022, Nigeria's main importing competitors in Ground Nuts were:
China $672M
Netherlands $464M
Indonesia $389M

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Trade Value of Ground Nuts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndonesia+ $382k
TOP IMPORT POTENTIALChina+ $13.6k

Ground Nuts’s highest export potential is Indonesia. With an export gap of $382k.   Ground Nuts’s highest import potential is China with an import gap of $13.6k.

See methodology.

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