Soybean seeds exports from Nigeria: data, top buyers and prices
In 2024, Nigeria exported soybean seeds worth $10.9 million (27.6 thousand tonnes). It ranks 8th of 96 countries for exports of this product. Value fell 78% from 2023. Over 2017-2024 the trade grew strongly, by about 173% a year on average. The peak in this period was 2023, at $48.9 million.
Public statistics, latest complete year (2024). Values in US dollars. Page updated .
Exports by year, 2017-2024
Hover or tap a year for detail.
Year by year
| Year | Value | Quantity |
|---|---|---|
| 2024 | $10.9M | 27.6K t |
| 2023 | $48.9M | 102.5K t |
| 2022 | $16.8M | 28.2K t |
| 2021 | $1K | 1 t |
| 2020 | $8K | 3 t |
| 2019 | $319K | 341 t |
| 2018 | $243K | 120 t |
| 2017 | $10K | 22 t |
Where Nigeria exports soybean seeds to
The largest buyer markets were Pakistan (47%), India (38%), France (4%).
| Destination | Value | Share |
|---|---|---|
| Pakistan | $5.1M | 47% |
| India | $4.1M | 38% |
| France | $454K | 4.2% |
| Turkey | $334K | 3.1% |
| United States | $329K | 3% |
| Belgium | $268K | 2.5% |
| Canada | $131K | 1.2% |
| Sri Lanka | $48K | 0.5% |
| Benin | $39K | 0.4% |
| South Africa | $32K | 0.3% |
Average export price per kg
The average declared value was about $0.39 per kg, 47% below the world average of $0.74, which often means bulk or lower-grade product.
Declared value divided by weight, all 2024 shipments. Prices per shipment and per company are in EximDataX.
Who is behind these numbers in Nigeria?
The shipment records behind Nigeria soybean seeds exports (HS 1201.10): companies, dates, quantities and declared values.
Shipment records are in the platform
Tell us what you trade and we will show you the latest records on a live call.
Direct customs feed: shipment-level records from the official customs source.
Source: CEPII BACI (reconciled UN Comtrade data), HS 2017 edition, release 202601, Etalab Open Licence 2.0. Annual values in US dollars at the customs border; quantities in tonnes where reported. HS 1201.10: Soya beans: seed, whether or not broken.
Common questions
What is the value of soybean seeds exported by Nigeria?
Nigeria exported soybean seeds worth $10.9 million in 2024, the latest year with complete public data, about 27.6 thousand tonnes. That ranks it 8th of 96 countries worldwide, with 3% of world exports. The value was down 78% on 2023.
Which countries buy soybean seeds from Nigeria?
Pakistan was the largest buyer with 47% of the value ($5.1 million), followed by India (38%) and France (4%). The top three together account for 89%, out of 16 buyer countries in total. Canada grew fastest among the top ten, up 348% on the year.
What is the average export price of soybean seeds per kg?
The average declared export value was about $0.39 per kg in 2024, 47% below the world average of $0.74 per kg. Because it averages all grades and sizes, treat the figure as a market benchmark, not a price offer.
How have exports of soybean seeds from Nigeria changed since 2017?
Exports went from $10 thousand in 2017 to $10.9 million in 2024. The peak was 2023 at $48.9 million. Over 8 years the average was $9.6 million a year.
What is the HS code for soybean seeds?
The HS code for soybean seeds is subheading 1201.10. It sits in HS chapter 12 (oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruit, industrial or medicinal plants; straw and fodder). The full list of codes and descriptions is on the HS 1201 page.
How can I find the companies behind this trade?
Shipment-level records for Nigeria reach EximDataX from a direct customs feed, with company names, dates and declared values. We can show them for your product on a short call.
Same product, other countries
More trade data for Nigeria
See what your buyers are buying.Then decide.
Everything we show you comes from official customs filings — records, not claims. 30 minutes. Your shipment. Your HS code. Real platform. If you don’t see something new about your market by the end of the call, we walk away. No follow-ups.