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Exports In 2023, Nigeria exported N/A in Soybean Meal, making it the 16th largest exporter of Soybean Meal in the world. At the same year, Soybean Meal was the 12th most exported product in Nigeria. The main destination of Soybean Meal exports from Nigeria are: France ($71M), Pakistan ($47.2M), Cote d'Ivoire ($36.9M), United States ($16.2M), and Turkey ($11.3M).

The fastest growing export markets for Soybean Meal of Nigeria between 2022 and 2023 were Pakistan ($47.2M), Cote d'Ivoire ($36.9M), and United States ($15.9M).

The fastest growing import markets in Soybean Meal for Nigeria between 2022 and 2023 were China ($375k), Netherlands ($359k), and Marshall Islands ($125k).

Historical Data

Trade Balance

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In N/A, Nigeria exported N/A in Soybean Meal. The main destinations of Nigeria exports on Soybean Meal were France ($71M), Pakistan ($47.2M), Cote d'Ivoire ($36.9M), United States ($16.2M), and Turkey ($11.3M).

In N/A, Nigeria imported N/A in Soybean Meal, mainly from China ($891k), Netherlands ($374k), Marshall Islands ($125k), Singapore ($124k), and Germany ($71.3k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Soybean Meal EXPORT MARKETS FOR Nigeria WERE (2022 - 2023):
Pakistan$47.2M (1%)
Cote d'Ivoire$36.9M (1%)
United States$15.9M (4.73k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Soybean Meal BY Nigeria WERE (2022 - 2023):
France-$7.97M (-10.1%)
Vietnam-$94.6k (-100%)
Italy-$72.9k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
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Trade Value of Soybean Meal by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $1.19M
N/AN/AN/A

Soybean Meal’s highest export potential is United States. With an export gap of $1.19M.   Soybean Meal’s highest import potential is N/A with an import gap of N/A.

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