(In USD Current Price)
Year -
The export volume of peanut oil was 5.69 million kg, and the value was $7.34 million.
In 2021, Nigeria's export of peanut oil reached 5.69 million Kg, valued at $7.34 million. This represents an increase, which is significant compared to the last export year, 2020, when exports were 2.52 million Kg worth $3.40 million. The net change from 2020 to 2021 shows an increase of 3.17 Kg and a remarkable $3.93 in value.
Ans1. Yes, Nigeria Exports Peanut oil.
Ans2. Nigeria has Exported Peanut oil for 44 years.
Explores the evolving trends in Nigeria's peanut-oil exports, offering a detailed analysis of annual changes in the sector.
Explore the Volume and Price trend of Nigeria Export of Peanut oil over the last 61 Years.
| Year | Kg | US$ Abbv. | US$ |
|---|---|---|---|
| 1961 | 45,938,000.00 | 13.98 million | 13,977,000.00 |
| 1962 | 63,893,000.00 | 17.30 million | 17,296,000.00 |
| 1963 | 70,487,000.00 | 18.33 million | 18,333,000.00 |
| 1964 | 80,987,000.00 | 22.78 million | 22,777,000.00 |
| 1965 | 92,208,000.00 | 28.04 million | 28,035,000.00 |
| 1966 | 105,450,000.00 | 27.07 million | 27,066,000.00 |
| 1967 | 72,241,000.00 | 20.15 million | 20,146,000.00 |
| 1968 | 110,946,000.00 | 26.47 million | 26,471,000.00 |
| 1969 | 101,279,000.00 | 31.08 million | 31,083,000.00 |
| 1970 | 90,292,000.00 | 32.61 million | 32,611,000.00 |
| 1971 | 43,012,000.00 | 18.04 million | 18,035,000.00 |
| 1972 | 39,665,000.00 | 16.54 million | 16,544,000.00 |
| 1973 | 110,796,000.00 | 35.95 million | 35,946,000.00 |
| 1974 | 23,496,000.00 | 18.07 million | 18,065,000.00 |
| 1975 | 274,000.00 | 260.00 thousand | 260,000.00 |
| 1976 | - | - | - |
| 1977 | - | - | - |
| 1978 | - | - | - |
| 1979 | - | - | - |
| 1980 | - | - | - |
| 1981 | - | - | - |
| 1982 | - | - | - |
| 1983 | - | - | - |
| 1984 | - | - | - |
| 1985 | - | - | - |
| 1986 | - | - | - |
| 1987 | - | - | - |
| 1988 | - | - | - |
| 1989 | - | - | - |
| 1990 | - | - | - |
| 1991 | 18,000.00 | 17.00 thousand | 17,000.00 |
| 1992 | 10,000.00 | 38.00 thousand | 38,000.00 |
| 1993 | - | - | - |
| 1994 | 3,800,000.00 | 2.50 million | 2,500,000.00 |
| 1995 | - | - | - |
| 1996 | 3,100,000.00 | 2.17 million | 2,170,000.00 |
| 1997 | 19,300,000.00 | 13.00 million | 13,000,000.00 |
| 1998 | 8,037,000.00 | 5.50 million | 5,500,000.00 |
| 1999 | 5,000,000.00 | 3.25 million | 3,250,000.00 |
| 2000 | 160,600.00 | 90.00 thousand | 90,000.00 |
| 2001 | 1,500,000.00 | 900.00 thousand | 900,000.00 |
| 2002 | 2,200,000.00 | 1.40 million | 1,400,000.00 |
| 2003 | 3,200,000.00 | 2.10 million | 2,100,000.00 |
| 2004 | 4,000,000.00 | 2.80 million | 2,800,000.00 |
| 2005 | 3,400,000.00 | 2.65 million | 2,650,000.00 |
| 2006 | 2,900,000.00 | 2.40 million | 2,400,000.00 |
| 2007 | 6,500,000.00 | 5.60 million | 5,600,000.00 |
| 2008 | 5,500,000.00 | 5.00 million | 5,000,000.00 |
| 2009 | 4,700,000.00 | 4.50 million | 4,500,000.00 |
| 2010 | 3,900,000.00 | 4.20 million | 4,200,000.00 |
| 2011 | 4,500,000.00 | 4.20 million | 4,200,000.00 |
| 2012 | 4,700,000.00 | 4.50 million | 4,500,000.00 |
| 2013 | 3,700,000.00 | 4.05 million | 4,050,000.00 |
| 2014 | 2,200,000.00 | 2.20 million | 2,200,000.00 |
| 2015 | 2,500,000.00 | 2.50 million | 2,500,000.00 |
| 2016 | 3,200,000.00 | 3.20 million | 3,200,000.00 |
| 2017 | 3,500,000.00 | 3.50 million | 3,500,000.00 |
| 2018 | 2,400,000.00 | 2.40 million | 2,400,000.00 |
| 2019 | 3,000,000.00 | 3.00 million | 3,000,000.00 |
| 2020 | 2,523,430.00 | 3.40 million | 3,402,000.00 |
| 2021 | 5,689,680.00 | 7.34 million | 7,336,000.00 |
| 2022 | - | - | - |