Bananas Prices in Nigeria
| Variety | Market level | Price (US$/kg) | Local (NGN) | MoM | YoY | Source |
|---|---|---|---|---|---|---|
| US | Global benchmark | 1.12 | 516 | ▼ 2.6% | ▲ 2.8% | World Bank Pink Sheet |
| Europe | Global benchmark | 1.14 | 525 | ▲ 1.8% | ▲ 0.0% | World Bank Pink Sheet |
| - | Farmgate | 1.24 | 572 | n/a | n/a | FAOSTAT Producer Prices |
| - | Export (unit value) | 4.96 | 2,284 | n/a | n/a | UN Comtrade (unit value) |
As of June 2026, the bananas price in Nigeria available is US$ 1.24 per kg (572 NGN).
Nigeria exported 16 tonnes of bananas in 2020, valued at US$81,501, ranking #86 among 116 exporters and accounting for 0.0% of global exports. The country is a net exporter and produced 6,907,142 tonnes of bananas in 2024, ranking #7 globally with 4.6% of world output and an 8.6% year-on-year increase. The latest farmgate generic price is US$1.2412 per kg.
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Bananas Price History & Trend
Global benchmark (world reference) price for bananas, US$ per kg.
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Use this data freely with attribution to Selina Wamucii.
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Production, Exports, Imports & HS Codes - bananas in Nigeria
Nigeria exported 16 tonnes of bananas in 2020, valued at US$81,501, ranking #86 among 116 exporters and accounting for 0.0% of global exports. The country is a net exporter and produced 6,907,142 tonnes of bananas in 2024, ranking #7 globally with 4.6% of world output and an 8.6% year-on-year increase. The latest farmgate generic price is US$1.2412 per kg.
Exports UN Comtrade · 2020
In 2020, Nigeria exported $81.5K (16.4 t) of bananas. That ranks #86 worldwide (0% of global exports).
Export value by year (US$)
Export volume by year
Top bananas exporters worldwide UN Comtrade · 2020
- #1 Ecuador $3.35B · 26.9%
- #2 Philippines $1.23B · 9.9%
- #3 Costa Rica $1.2B · 9.6%
- #4 Colombia $1.08B · 8.7%
- #5 Guatemala $1.02B · 8.1%
Production FAOSTAT · 2024
Nigeria produced 6.91 Mt of bananas in 2024▲ 8.6% YoY. It ranks #7 among producing countries (4.6% of world output).
Production by year (tonnes)
HS Code
bananas is traded under Harmonized System code 0803.90. Trade figures above are compiled for this HS heading.
Sources: trade & HS - UN Comtrade; production - FAOSTAT (FAO); harvest season - FAO GIEWS Crop Calendar. Values are official reported figures.