(In USD Current Price)
Year -
The export volume of palm kernel oil was 6.55 million kg, and the value was $12.05 million.
In 2022, Nigeria's export of palm kernel oil reached 6.55 million Kg, valued at $12.05 million. This represents a decrease, which is significant compared to the last export year, 2021, when exports were 15.40 million Kg worth $24.60 million. The net change from 2021 to 2022 shows a decrease of 8 Kg and a drop of $12 in value.
Ans1. Yes, Nigeria Exports Palm Kernel Oil.
Ans2. Nigeria has Exported Palm Kernel Oil for 61 years.
Explores the evolving trends in Nigeria's palm-kernel-oil exports, offering a detailed analysis of annual changes in the sector.
Explore the Volume and Price trend of Nigeria Export of Palm Kernel Oil over the last 61 Years.
| Year | Kg | US$ Abbv. | US$ |
|---|---|---|---|
| 1961 | - | - | - |
| 1962 | 100,000.00 | 23.00 thousand | 23,000.00 |
| 1963 | 3,204,000.00 | 538.00 thousand | 538,000.00 |
| 1964 | 877,000.00 | 263.00 thousand | 263,000.00 |
| 1965 | 964,000.00 | 316.00 thousand | 316,000.00 |
| 1966 | 32,599,000.00 | 9.22 million | 9,215,000.00 |
| 1967 | 37,785,000.00 | 10.15 million | 10,145,000.00 |
| 1968 | 27,262,000.00 | 9.31 million | 9,313,000.00 |
| 1969 | 37,276,000.00 | 10.89 million | 10,887,000.00 |
| 1970 | 32,761,000.00 | 11.66 million | 11,660,000.00 |
| 1971 | 26,358,000.00 | 8.76 million | 8,759,000.00 |
| 1972 | 33,582,000.00 | 8.39 million | 8,392,000.00 |
| 1973 | 39,851,000.00 | 11.74 million | 11,737,000.00 |
| 1974 | 38,462,000.00 | 34.24 million | 34,240,000.00 |
| 1975 | 21,135,000.00 | 11.99 million | 11,990,000.00 |
| 1976 | 13,362,000.00 | 5.07 million | 5,065,000.00 |
| 1977 | 14,373,000.00 | 5.37 million | 5,366,000.00 |
| 1978 | 39,300,000.00 | 21.20 million | 21,200,000.00 |
| 1979 | 56,245,000.00 | 59.00 million | 59,000,000.00 |
| 1980 | 49,700,000.00 | 32.00 million | 32,000,000.00 |
| 1981 | 44,800,000.00 | 24.00 million | 24,000,000.00 |
| 1982 | 38,000,000.00 | 18.00 million | 18,000,000.00 |
| 1983 | 37,000,000.00 | 18.00 million | 18,000,000.00 |
| 1984 | 13,000,000.00 | 7.50 million | 7,500,000.00 |
| 1985 | 6,624,000.00 | 3.72 million | 3,715,000.00 |
| 1986 | 7,400,000.00 | 2.60 million | 2,600,000.00 |
| 1987 | 1,700,000.00 | 700.00 thousand | 700,000.00 |
| 1988 | 8,630,000.00 | 1.30 million | 1,300,000.00 |
| 1989 | 500,000.00 | 68.00 thousand | 68,000.00 |
| 1990 | 200,000.00 | 106.00 thousand | 106,000.00 |
| 1991 | 500,000.00 | 119.00 thousand | 119,000.00 |
| 1992 | 7,025,000.00 | 2.38 million | 2,375,000.00 |
| 1993 | 64,000.00 | 35.00 thousand | 35,000.00 |
| 1994 | 9,240,000.00 | 5.06 million | 5,060,000.00 |
| 1995 | 1,010,000.00 | 550.00 thousand | 550,000.00 |
| 1996 | 31,578,000.00 | 19.10 million | 19,100,000.00 |
| 1997 | 43,081,000.00 | 26.10 million | 26,100,000.00 |
| 1998 | 7,800,000.00 | 4.50 million | 4,500,000.00 |
| 1999 | 3,400,000.00 | 2.10 million | 2,100,000.00 |
| 2000 | 1,506,800.00 | 284.00 thousand | 284,000.00 |
| 2001 | 50,000.00 | 20.00 thousand | 20,000.00 |
| 2002 | 50,000.00 | 20.00 thousand | 20,000.00 |
| 2003 | 800,000.00 | 350.00 thousand | 350,000.00 |
| 2004 | 800,000.00 | 400.00 thousand | 400,000.00 |
| 2005 | 800,000.00 | 450.00 thousand | 450,000.00 |
| 2006 | 800,000.00 | 500.00 thousand | 500,000.00 |
| 2007 | 1,200,000.00 | 780.00 thousand | 780,000.00 |
| 2008 | 2,400,000.00 | 2.00 million | 2,000,000.00 |
| 2009 | 3,000,000.00 | 2.79 million | 2,790,000.00 |
| 2010 | 3,000,000.00 | 3.00 million | 3,000,000.00 |
| 2011 | 3,000,000.00 | 3.00 million | 3,000,000.00 |
| 2012 | 3,000,000.00 | 3.00 million | 3,000,000.00 |
| 2013 | 3,200,000.00 | 3.15 million | 3,150,000.00 |
| 2014 | 4,000,000.00 | 4.00 million | 4,000,000.00 |
| 2015 | 3,800,000.00 | 3.80 million | 3,800,000.00 |
| 2016 | 3,751,280.00 | 4.31 million | 4,312,000.00 |
| 2017 | 8,122,400.00 | 8.75 million | 8,748,000.00 |
| 2018 | 5,788,980.00 | 4.76 million | 4,759,000.00 |
| 2019 | 12,700,000.00 | 12.00 million | 12,000,000.00 |
| 2020 | 13,400,000.00 | 13.00 million | 13,000,000.00 |
| 2021 | 15,400,000.00 | 24.60 million | 24,600,000.00 |
| 2022 | 6,552,740.00 | 12.05 million | 12,047,000.00 |