In the marketing year 2026/27, the production of palm oil in Nigeria was projected to reach *** million metric tons. Nigeria is one of the leading producers of palm oil worldwide.
Growing domestic palm oil consumption
Around *** million metric tons of palm oil were expected to be consumed in Nigeria as of the 2023/2024 crop year. This represented a peak in consumption compared to the ten preceding years, indicating that the farm product is one of the major crops in the country with a growing domestic need. Most palm oil is for industrial purposes, while a smaller percentage is used by households.
Nigeria imports palm oil
In 2022, Nigeria imported over *** million in palm oil, representing a decrease of around ** percent compared to the preceding year. In fact, since 2015, palm oil imports into the country have mainly fluctuated in value. Malaysia, Cote d'Ivoire, and Indonesia were the main origins of palm oil imports in Nigeria as of 2022.
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USDA Foreign Agricultural Service. (June 17, 2026). Production of palm oil in Nigeria from 2000/01 to 2026/27 (in 1,000 metric tons) [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved August 06, 2026, from /statistics/1134494/production-of-palm-oil-in-nigeria/
USDA Foreign Agricultural Service. "Production of palm oil in Nigeria from 2000/01 to 2026/27 (in 1,000 metric tons)." Chart. June 17, 2026. ÌÇÐÄÆƽâ°æ. Accessed August 06, 2026. /statistics/1134494/production-of-palm-oil-in-nigeria/
USDA Foreign Agricultural Service. (2026). Production of palm oil in Nigeria from 2000/01 to 2026/27 (in 1,000 metric tons). ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: August 06, 2026. /statistics/1134494/production-of-palm-oil-in-nigeria/
USDA Foreign Agricultural Service. "Production of Palm Oil in Nigeria from 2000/01 to 2026/27 (in 1,000 Metric Tons)." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 17 Jun 2026, /statistics/1134494/production-of-palm-oil-in-nigeria/
USDA Foreign Agricultural Service, Production of palm oil in Nigeria from 2000/01 to 2026/27 (in 1,000 metric tons) ÌÇÐÄÆƽâ°æ, /statistics/1134494/production-of-palm-oil-in-nigeria/ (last visited August 06, 2026)
Production of palm oil in Nigeria from 2000/01 to 2026/27 (in 1,000 metric tons) [Graph], USDA Foreign Agricultural Service, June 17, 2026. [Online]. Available: /statistics/1134494/production-of-palm-oil-in-nigeria/
