Import market · HS 1511 · NG

Nigeria imports of Palm oil and its fractions (HS 1511)

Where Nigeria buys palm oil and its fractions: value, growth, unit value and the top suppliers, from official CEPII BACI statistics. World market for HS 1511 · Nigeria trade profile

Nigeria imports, 2024USD 291.4 millionSum over 13 supplying economies. Source: CEPII BACI.

Nigeria imports, 2023USD 351.4 millionSame partners, previous year. Source: CEPII BACI.

Growth−17.1%2024 against 2023, USD. Source: CEPII BACI.

Unit valueUSD 835 per tonneValue divided by quantity, flows with a reported quantity only (100.0% of the value). Source: CEPII BACI.

Trade companies in the directory1,748Active companies in wholesale and retail trade (NACE section G) in this economy, counts only. Source: AYBARION company directory, see the Data Passport.

Top suppliers

#	Supplier	Value 2024	Share	Growth	Record
1	Malaysia	USD 183.3 million	62.9%	−32.6%	BACI:NG:MY:1511:1:2024
2	Indonesia	USD 77.7 million	26.7%	+28.6%	BACI:NG:ID:1511:1:2024
3	Côte d’Ivoire	USD 17.3 million	5.9%	+8.3%	BACI:NG:CI:1511:1:2024
4	Ghana	USD 8.1 million	2.8%	+5,506.9%	BACI:NG:GH:1511:1:2024
5	Benin	USD 5.0 million	1.7%	+66.3%	BACI:NG:BJ:1511:1:2024
6	South Africa	USD 45,899	0.0%	not available	BACI:NG:ZA:1511:1:2024
7	Singapore	USD 30,796	0.0%	−7.7%	BACI:NG:SG:1511:1:2024
8	Canada	USD 11,286	0.0%	not available	BACI:NG:CA:1511:1:2024
9	Cameroon	USD 5,449	0.0%	−91.6%	BACI:NG:CM:1511:1:2024
10	Thailand	USD 3,382	0.0%	+75.2%	BACI:NG:TH:1511:1:2024

Source: CEPII BACI HS22 V202601, year 2024 (growth against 2023), USD. Shares of the Nigeria total over the partners BACI lists. Record IDs per row.

Trade companies: active companies registered in wholesale and retail trade (NACE section G) in Nigeria, counted in the AYBARION company directory. The matching wholesale activity for this product is Wholesale of dairy products, eggs and edible oils and fats (NACE 4633). Counts only.

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Data Passport

CEPII BACI HS22 V202601: trade values by exporter, importer and product, years 2024 and 2023, USD at FOB prices, quantities in metric tons. Publisher: CEPII. Licence: Etalab Open Licence 2.0 (Licence Ouverte), attribution "CEPII BACI". Record IDs: BACI:reporter:product:flow:year. Source
AYBARION company directory: counts of active companies registered in wholesale and retail trade (NACE Rev.2 section G), from official registers and open datasets, built 2026-10-22. Counts only: no names, addresses or contacts are shown here. Sources under share-alike licences (CC BY-SA) or with an unverified licence are not counted, and no company data is offered for countries under comprehensive sanctions.
Method: Values are CEPII BACI reconciled flows of Nigeria with each partner, aggregated from HS6 to HS4; the total is the sum over partners; shares divide each partner by that total; growth compares 2024 with 2023; unit value is value divided by quantity over flows that report a quantity. Peru and the Philippines are left out of lists and totals by policy.

Trade database built 2026-10-24. Values are official statistics as published; nothing on this page is estimated or invented. More in our methodology.

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Members see the importers, distributors and wholesalers of palm oil and its fractions in Nigeria, with their evidence and Data Passport.

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