Wheat & Ethanol Top List of U.S. Agric Exports to Nigeria in 2021

07 November 2022

Wheat and ethanol were the U.S. top agricultural products exported to Nigeria in 2021. According to the data available, the United States shipped wheat worth USD 503 million and ethanol worth USD 91 million to Nigeria last year. Other items were wine & related products, fish & seafood, intermediate goods, essential oils, dairy products, tobacco, and distilled spirits. The total exports from the US to Nigeria in 2021 totaled USD 3,865 million. Let’s take a look at the overall stats of US top agric exports to Nigeria.

U.S. Top Agricultural Exports to Nigeria in 2021

The value of agricultural commodities exported by the United States to Nigeria increased by 45% between 2020 and 2021. Wheat and ethanol were America’s top agricultural products exported to Nigeria last year, together valued at USD 594 million. Wheat and ethanol were followed by food preparation, wine & related products, fish & seafood, other intermediate products, essential oils, dairy products, tobacco, and distilled spirits. Here is a data visualization of U.S. top agricultural exports to Nigeria in 2021.    

Despite its vast land, Nigeria is heavily dependent on imported food products for its large population as the country’s agricultural industry has underperformed for decades leaving stables such as rice and maize with huge shortfalls. Low agricultural productivity in Nigeria is affected by many factors including inflation, and the recent flood across the country.

U.S. Exports to Nigeria by Year

By total commodities, the United States exported goods worth USD 3,865 million to Nigeria in 2021. In the last ten years, the US did the highest export business in Nigeria in 2013 when the country supplied USD 6,388 million worth of goods to Nigeria. Since then, U.S. exports to Nigeria went down considerably. Although US exports to Nigeria rose in 2021 as compared to the previous year. Here is a quick analysis of U.S. exports to Nigeria in the last ten years through data visualization in the given chart.

Whether it is wheat, ethanol, or any other product, all these things are affected by inflation. By adopting certain measures, inflation can be escaped partially. Inflation is a global phenomenon and can only be controlled by the collective strategies of world nations.