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FAOSTAT · 1961–2023

Soya bean oil production in Nigeria

In 2023 Nigeria produced 140,500 t of soya bean oil, the 29th largest in the world (0.23% of the world total). Over ten years it grew by 82%. This is the highest figure on record.

The 2023 figure is from an external organisation.

Today’s pricesMarket prices in Nigeria
Production, 2023
140,500 t
World rank
29 of 106
10-year change
+82%
Record
140,500 t
2023

Soya bean oil in Nigeria, 1961–2023 (tonnes)

050k100k150k197019801990200020102020

Nigeria compared with the world, 2023

Share of world total
0.23%
0.18% in 2013
10-year change
+82%
world +41%

Position in the world ranking

#CountryTonnesShare
27Portugal168,6000.28%
28United Kingdom161,5000.27%
29Nigeria140,5000.23%
30Iraq126,6650.21%
31Colombia117,5000.20%

Full ranking of 106 countries

Map of world production of soya bean 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
2023140,500+5.2%
2022133,600+1.0%
2021132,300+17%
2020113,500−8.8%
2019124,500+48%
201884,300+12%
201775,300−13%
201687,000−5.5%
201592,100+28%
201471,700−7.2%
201377,300+23%
201262,700+54%
201140,700−15%
201047,700+2,550%
20091,8000.0%
20081,800−29%
20072,5200.0%
20062,5200.0%
20052,5200.0%
20042,5200.0%
20032,5200.0%
20022,5200.0%
20012,520+17%
20002,1600.0%
19992,1600.0%
19982,1600.0%
19972,1600.0%
19962,1600.0%
19952,160+20%
19941,800+9.9%
19931,638+4.6%
19921,566+58%
1991990+175%
19903600.0%
19893600.0%
1988360—
19870—
19860—
19850—
19840—
19830—
19820—
19810—
19800—
19790—
19780—
19770—
19760—
19750—
19740—
19730—
19720—
19710—
19700—
19690—
19680—
19670—
19660—
19650—
19640—
19630—
19620—
19610—

Trade, 2024

Exports
7 t USD 4,000
Exporter rank
107 of 110
Imports
5,214 t USD 6.1 m
Importer rank
86 of 184

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 soya bean oil in Nigeria?

Nigeria produced 140,500 t in 2023, 0.23% of the world total, according to FAOSTAT.

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

Nigeria ranked 29th of 106 countries in 2023. The largest producer was China with 29.0% of the world total.

How has the production of soya bean oil in Nigeria changed?

It rose by 82% between 2013 and 2023, compared with +41% for the world. 2023 was the highest figure on record.

Does Nigeria export or import soya bean oil?

In 2024 Nigeria reported exports of 7 t (USD 4,000) and imports of 5,214 t (USD 6.1 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 soya bean 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.