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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.

Annual exports
$10.9M
-78% on prior year
Quantity
27.6K t
~$0.39 per kg
World rank
8th
of 96 countries
Buyer countries
16
2.8% of world exports
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Public statistics, latest complete year (2024). Values in US dollars. Page updated .

Exports by year, 2017-2024

$0K$12.2M$24.4M$36.6M$48.9M20172018201920202021202220232024

Hover or tap a year for detail.

Year by year

YearValueQuantity
2024$10.9M27.6K t
2023$48.9M102.5K t
2022$16.8M28.2K t
2021$1K1 t
2020$8K3 t
2019$319K341 t
2018$243K120 t
2017$10K22 t

Where Nigeria exports soybean seeds to

The largest buyer markets were Pakistan (47%), India (38%), France (4%).

Share by partner country, 2024≥25%10-25%3-10%1-3%<1%
DestinationValueShare
Pakistan$5.1M47%
India$4.1M38%
France$454K4.2%
Turkey$334K3.1%
United States$329K3%
Belgium$268K2.5%
Canada$131K1.2%
Sri Lanka$48K0.5%
Benin$39K0.4%
South Africa$32K0.3%

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.

Nigeria
$0.39/kg
World average
$0.74/kg

Declared value divided by weight, all 2024 shipments. Prices per shipment and per company are in EximDataX.

Beyond the public totals

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.

Nigeria on EximDataX

Direct customs feed: shipment-level records from the official customs source.

About this data

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.

Straight answers

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.

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