Cotton Seeds Prices in Nigeria
| Variety | Market level | Price (US$/kg) | Local (NGN) | MoM | YoY | Source |
|---|---|---|---|---|---|---|
| - | Farmgate | 0.61 | 283 | n/a | n/a | FAOSTAT Producer Prices |
| - | Export (unit value) | 1.51 | 694 | ▲ 38.7% | ▲ 38.7% | UN Comtrade (unit value) |
As of June 2026, the cotton seeds price in Nigeria available is US$ 0.61 per kg (283 NGN).
Nigeria is the world's second largest exporter of cotton seeds, with exports in 2024 valued at US$419.5 million, accounting for 7.7% of global exports despite a 9.8% year-on-year decline. The country produced 124,000 tonnes of cotton seeds in 2023, ranking #24 globally and representing 0.2% of world output. The latest farmgate price is US$0.6134 per kg.
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Cotton Seeds Price History & Trend
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Production, Exports, Imports & HS Codes - cotton seeds in Nigeria
Nigeria is the world's second largest exporter of cotton seeds, with exports in 2024 valued at US$419.5 million, accounting for 7.7% of global exports despite a 9.8% year-on-year decline. The country produced 124,000 tonnes of cotton seeds in 2023, ranking #24 globally and representing 0.2% of world output. The latest farmgate price is US$0.6134 per kg.
Exports UN Comtrade · 2024
In 2024, Nigeria exported $419.5M of cotton seeds▼ 9.8% YoY. That ranks #2 worldwide (7.7% of global exports).
Export value by year (US$)
Export volume by year
Top cotton seeds exporters worldwide UN Comtrade · 2024
- #1 India $564.9M · 10.3%
- #2 Nigeria $419.5M · 7.7%
- #3 Brazil $374.2M · 6.9%
- #4 Pakistan $349.2M · 6.4%
- #5 Tanzania $271.5M · 5%
Annual export data Nigeria · UN Comtrade
| Year | Export value (US$) | Volume | Avg price/kg |
|---|---|---|---|
| 2024 | $419.5M | - | - |
| 2023 | $465.3M | 309.1 kt | $1.51 |
| 2022 | $343M | 316.1 kt | $1.08 |
| 2021 | $301.5M | - | - |
| 2020 | $328.8M | - | - |
Production FAOSTAT · 2023
Nigeria produced 124 kt of cotton seeds in 2023▼ 4.6% YoY. It ranks #24 among producing countries (0.2% of world output).
Production by year (tonnes)
HS Code
cotton seeds is traded under Harmonized System code 1207. Trade figures above are compiled for this HS heading.
Sources: trade & HS - UN Comtrade; production - FAOSTAT (FAO). Values are official reported figures.