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FAOSTAT · 1961–2023

Palm oil production in Nigeria

In 2023 Nigeria produced 1.5 million t of palm oil, the 5th largest in the world (1.83% of the world total). Over ten years it grew by 66%. The record was 1.6 million t in 2018.

The 2023 figure is from an external organisation.

Today’s pricesMarket prices in Nigeria
Production, 2023
1.5 million t
World rank
5 of 45
10-year change
+66%
Record
1.6 million t
2018

Palm oil in Nigeria, 1961–2023 (tonnes)

0500k1m1.5m2m197019801990200020102020

Nigeria compared with the world, 2023

Share of world total
1.8%
1.6% in 2013
10-year change
+66%
world +44%

Position in the world ranking

#CountryTonnesShare
3Thailand3,323,2004.2%
4Colombia1,841,8802.3%
5Nigeria1,460,0001.8%
6Guatemala933,9261.2%
7Papua New Guinea770,0000.97%

Full ranking of 45 countries

Map of world production of palm oil

under 0.1%0.1–1%1–5%5–15%15% or moreno data
Share of the world total; Nigeria is outlined. Small island states are not drawn at this scale.

By year

YearTonnesChange
20231,460,000+2.8%
20221,420,000+5.2%
20211,350,000+5.5%
20201,280,000+4.9%
20191,220,000−22%
20181,564,599+2.3%
20171,529,315+59%
2016960,000−33%
20151,432,103+6.1%
20141,350,095+53%
2013880,000−6.4%
2012940,000+1.1%
2011930,000−4.2%
2010970,820−21%
20091,233,050−7.3%
20081,330,000+1.6%
20071,309,000+1.7%
20061,287,000+10%
20051,170,000+6.9%
20041,094,000+7.0%
20031,022,000+6.3%
2002961,000+6.4%
2001903,000+0.4%
2000899,000+0.3%
1999896,000+6.0%
1998845,000+4.3%
1997810,000+4.4%
1996776,000−9.8%
1995860,000+2.7%
1994837,000+1.5%
1993825,000+4.2%
1992792,000+4.2%
1991760,000+4.1%
1990730,000+4.3%
1989700,0000.0%
1988700,000−2.1%
1987715,000+10%
1986650,000+5.7%
1985615,000+23%
1984500,0000.0%
1983500,0000.0%
1982500,000−5.7%
1981530,000−18%
1980650,0000.0%
1979650,000+23%
1978530,000+0.4%
1977528,000+0.6%
1976525,000+5.0%
1975500,000+3.1%
1974485,000+13%
1973430,000−6.5%
1972460,000−8.0%
1971500,000+2.5%
1970488,000−21%
1969621,000+3.7%
1968599,000−0.3%
1967601,000−16%
1966713,000+3.8%
1965687,000+1.6%
1964676,000+2.9%
1963657,000+2.7%
1962640,000−4.3%
1961669,000—

Trade, 2024

Exports
1,876 t USD 1.7 m
Exporter rank
60 of 118
Imports
776,700 t USD 924 m
Importer rank
12 of 191

FAOSTAT detailed trade data, release of 23 July 2026; quantities in tonnes, values in current US dollars; exports include re-exports. World exporters and importers

Questions and answers

What is the production of palm oil in Nigeria?

Nigeria produced 1.5 million t in 2023, 1.8% of the world total, according to FAOSTAT.

Where does Nigeria rank in the world for production of palm oil?

Nigeria ranked 5th of 45 countries in 2023. The largest producer was Indonesia with 59.2% of the world total.

How has the production of palm oil in Nigeria changed?

It rose by 66% between 2013 and 2023, compared with +44% for the world. The record was 1.6 million t in 2018.

Does Nigeria export or import palm oil?

In 2024 Nigeria reported exports of 1,876 t (USD 1.7 m) and imports of 776,700 t (USD 924 m), according to FAOSTAT trade data.

Where does this data come from?

From FAOSTAT, the statistics database of the Food and Agriculture Organization of the United Nations; the 2023 figure for Nigeria is from an external organisation. Shares, ranks and per-person figures are calculated by Husfarm.

Other large producers

All countries producing palm oil

Other products of Nigeria

Agricultural production in Nigeria

Source: FAO. 2025. FAOSTAT: Crops and livestock products. Accessed on 4 November 2026. fao.org/faostat. Licence: CC BY 4.0. Charts, rankings and changes calculated by Husfarm.