Coconuts Prices in Nigeria
| Variety | Market level | Price (US$/kg) | Local (NGN) | MoM | YoY | Source |
|---|---|---|---|---|---|---|
| — | Farmgate | 0.34 | 157 | n/a | n/a | FAOSTAT Producer Prices |
| — | Export (unit value) | 1.03 | 474 | ▼ 15.3% | ▼ 15.3% | UN Comtrade (unit value) |
As of June 2026, the coconuts price in Nigeria available is US$ 0.34 per kg (157 NGN).
Nigeria exported 242 tonnes of coconuts in 2022, valued at US$249,135, ranking 31st among 104 exporters and accounting for 0.0% of global exports. The country is a net exporter. In 2024, Nigeria produced 289,807 tonnes of coconuts, ranking 20th globally and representing 0.4% of world output, with a yield of 0.8 t/ha. The latest farmgate price is US$0.3406 per kg.
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Coconuts Price History & Trend
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Production, Exports, Imports & HS Codes — coconuts in Nigeria
Nigeria exported 242 tonnes of coconuts in 2022, valued at US$249,135, ranking 31st among 104 exporters and accounting for 0.0% of global exports. The country is a net exporter. In 2024, Nigeria produced 289,807 tonnes of coconuts, ranking 20th globally and representing 0.4% of world output, with a yield of 0.8 t/ha. The latest farmgate price is US$0.3406 per kg.
Exports UN Comtrade · 2022
In 2022, Nigeria exported $249.1K (242.1 t) of coconuts▼ 96.2% YoY. That ranks #31 worldwide (0% of global exports).
Export value by year (US$)
Export volume by year
Top coconuts exporters worldwide UN Comtrade · 2022
- #1 Thailand $227.2M · 43.4%
- #2 Indonesia $181.6M · 34.7%
- #3 India $40.1M · 7.7%
- #4 Netherlands $11.5M · 2.2%
- #5 Mexico $11.5M · 2.2%
Annual export data Nigeria · UN Comtrade
| Year | Export value (US$) | Volume | Avg price/kg |
|---|---|---|---|
| 2022 | $249.1K | 242.1 t | $1.03 |
| 2021 | $6.5M | 5.3 kt | $1.22 |
| 2020 | $622.5K | 625.9 t | $0.99 |
Production FAOSTAT · 2024
Nigeria produced 289.8 kt of coconuts in 2024▲ 1.9% YoY. It ranks #20 among producing countries (0.4% of world output).
Production by year (tonnes)
HS Code
coconuts is traded under Harmonized System code 0801.19. 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.