Exports In 2022, Nigeria exported $1.34M in Palm Oil, making it the 78th largest exporter of Palm Oil in the world. At the same year, Palm Oil was the 164th most exported product in Nigeria. The main destination of Palm Oil exports from Nigeria are: United States ($437k), Ghana ($280k), Canada ($236k), Niger ($109k), and United Arab Emirates ($54.1k).
The fastest growing export markets for Palm Oil of Nigeria between 2021 and 2022 were Ghana ($280k), Niger ($108k), and Canada ($28.6k).
Imports In 2022, Nigeria imported $372M in Palm Oil, becoming the 32nd largest importer of Palm Oil in the world. At the same year, Palm Oil was the 27th most imported product in Nigeria. Nigeria imports Palm Oil primarily from: Malaysia ($249M), Cote d'Ivoire ($46.9M), Indonesia ($46.2M), Singapore ($9.84M), and Ghana ($8.64M).
The fastest growing import markets in Palm Oil for Nigeria between 2021 and 2022 were Cote d'Ivoire ($42.8M), Indonesia ($7.95M), and Ghana ($4.85M).