(In USD Current Price)
Year -
The export volume of palm oil was 1.47 million kg, and the value was $999.00 thousand.
In 2022, Nigeria's export of palm oil reached 1.47 million Kg, valued at $999.00 thousand. This represents an increase, which is significant compared to the last export year, 2021, when exports were 1.22 million Kg worth $1.06 million. The net change from 2021 to 2022 shows an increase of 247.63 Kg and a remarkable $62 in value.
Ans1. Yes, Nigeria Exports Palm oil.
Ans2. Nigeria has Exported Palm oil for 52 years.
Explores the evolving trends in Nigeria's palm-oil exports, offering a detailed analysis of annual changes in the sector.
Explore the Volume and Price trend of Nigeria Export of Palm oil over the last 61 Years.
| Year | Kg | US$ Abbv. | US$ |
|---|---|---|---|
| 1961 | 167,233,000.00 | 37.04 million | 37,035,000.00 |
| 1962 | 120,570,000.00 | 25.00 million | 24,998,000.00 |
| 1963 | 127,700,000.00 | 26.22 million | 26,222,000.00 |
| 1964 | 136,377,000.00 | 30.11 million | 30,111,000.00 |
| 1965 | 152,414,000.00 | 38.06 million | 38,055,000.00 |
| 1966 | 145,499,000.00 | 30.70 million | 30,697,000.00 |
| 1967 | 16,730,000.00 | 3.53 million | 3,527,000.00 |
| 1968 | 3,395,000.00 | 399.00 thousand | 399,000.00 |
| 1969 | 8,122,000.00 | 1.21 million | 1,213,000.00 |
| 1970 | 7,643,000.00 | 1.59 million | 1,590,000.00 |
| 1971 | 20,230,000.00 | 4.78 million | 4,778,000.00 |
| 1972 | 1,929,000.00 | 418.00 thousand | 418,000.00 |
| 1973 | 23,000.00 | 14.00 thousand | 14,000.00 |
| 1974 | 22,000.00 | 17.00 thousand | 17,000.00 |
| 1975 | 31,334,000.00 | 6.26 million | 6,264,000.00 |
| 1976 | 3,296,000.00 | 829.00 thousand | 829,000.00 |
| 1977 | - | - | - |
| 1978 | - | - | - |
| 1979 | 1,999,000.00 | 1.03 million | 1,029,000.00 |
| 1980 | - | - | - |
| 1981 | 3,229,000.00 | 3.16 million | 3,157,000.00 |
| 1982 | 2,000,000.00 | 854.00 thousand | 854,000.00 |
| 1983 | - | - | - |
| 1984 | - | - | - |
| 1985 | - | - | - |
| 1986 | 2,025,000.00 | 458.00 thousand | 458,000.00 |
| 1987 | - | - | - |
| 1988 | 15,000.00 | 8.00 thousand | 8,000.00 |
| 1989 | 10,000.00 | 15.00 thousand | 15,000.00 |
| 1990 | 107,000.00 | 37.00 thousand | 37,000.00 |
| 1991 | 9,000.00 | 6.00 thousand | 6,000.00 |
| 1992 | - | - | - |
| 1993 | 15,000.00 | 7.00 thousand | 7,000.00 |
| 1994 | - | - | - |
| 1995 | - | - | - |
| 1996 | 60,000.00 | 40.00 thousand | 40,000.00 |
| 1997 | 3,100,000.00 | 2.00 million | 2,000,000.00 |
| 1998 | 3,000,000.00 | 1.90 million | 1,900,000.00 |
| 1999 | 6,000,000.00 | 3.90 million | 3,900,000.00 |
| 2000 | 8,000,000.00 | 5.00 million | 5,000,000.00 |
| 2001 | 8,000,000.00 | 5.00 million | 5,000,000.00 |
| 2002 | 5,000,000.00 | 3.25 million | 3,250,000.00 |
| 2003 | 10,500,000.00 | 7.00 million | 7,000,000.00 |
| 2004 | 5,000,000.00 | 3.50 million | 3,500,000.00 |
| 2005 | 10,000,000.00 | 7.20 million | 7,200,000.00 |
| 2006 | 5,000,000.00 | 4.00 million | 4,000,000.00 |
| 2007 | 15,000,000.00 | 12.00 million | 12,000,000.00 |
| 2008 | 25,000,000.00 | 22.50 million | 22,500,000.00 |
| 2009 | 10,000,000.00 | 10.00 million | 10,000,000.00 |
| 2010 | 13,000,000.00 | 12.00 million | 12,000,000.00 |
| 2011 | 12,000,000.00 | 11.00 million | 11,000,000.00 |
| 2012 | 23,000,000.00 | 21.00 million | 21,000,000.00 |
| 2013 | 18,000,000.00 | 16.20 million | 16,200,000.00 |
| 2014 | 51,000,000.00 | 45.90 million | 45,900,000.00 |
| 2015 | 20,000,000.00 | 18.00 million | 18,000,000.00 |
| 2016 | 8,000,000.00 | 7.20 million | 7,200,000.00 |
| 2017 | 7,000,000.00 | 6.30 million | 6,300,000.00 |
| 2018 | 27,591,850.00 | 22.56 million | 22,563,000.00 |
| 2019 | 4,000,000.00 | 3.60 million | 3,600,000.00 |
| 2020 | 3,600,000.00 | 3.00 million | 3,000,000.00 |
| 2021 | 1,224,000.00 | 1.06 million | 1,061,000.00 |
| 2022 | 1,471,630.00 | 999.00 thousand | 999,000.00 |