Natural Rubber Prices in Nigeria
| Variety | Market level | Price (US$/kg) | Local (NGN) | MoM | YoY | Source |
|---|---|---|---|---|---|---|
| - | Export (unit value) | 1.33 | 615 | ▲ 48.9% | ▲ 48.9% | UN Comtrade (unit value) |
As of June 2026, the natural rubber price in Nigeria available is US$ 1.33 per kg (615 NGN), up 48.9% year-on-year.
Nigeria exported 188 tonnes of natural rubber in 2024, valued at US$250,284, ranking #29 among 84 exporters and accounting for 0.0% of global exports. The country produced 65,300 tonnes, ranking #18 globally and representing 0.4% of world output. The latest export unit value is US$1.3346 per kg.
Looking to buy natural rubber from Nigeria?
Get a quote now
Natural Rubber Price History & Trend
Download & Embed this Data
Use this data freely with attribution to Selina Wamucii.
Get natural rubber price alerts
We’ll email you when the Nigeria natural rubber price moves more than 5%.
Sell your natural rubber
Producers, exporters and cooperatives: reach 50,000+ global buyers.
Production, Exports, Imports & HS Codes - natural rubber in Nigeria
Nigeria exported 188 tonnes of natural rubber in 2024, valued at US$250,284, ranking #29 among 84 exporters and accounting for 0.0% of global exports. The country produced 65,300 tonnes, ranking #18 globally and representing 0.4% of world output. The latest export unit value is US$1.3346 per kg.
Exports UN Comtrade · 2024
In 2024, Nigeria exported $250.3K (187.5 t) of natural rubber▲ 212.2% YoY. That ranks #29 worldwide (0% of global exports).
Export value by year (US$)
Export volume by year
Top natural rubber exporters worldwide UN Comtrade · 2024
- #1 Thailand $942.4M · 74.4%
- #2 Ivory Coast $104.9M · 8.3%
- #3 Guatemala $85.4M · 6.7%
- #4 Netherlands $47.5M · 3.7%
- #5 Malaysia $46.1M · 3.6%
Annual export data Nigeria · UN Comtrade
| Year | Export value (US$) | Volume | Avg price/kg |
|---|---|---|---|
| 2024 | $250.3K | 187.5 t | $1.33 |
| 2023 | $80.2K | 89.4 t | $0.9 |
| 2022 | $282.2K | 184 t | $1.53 |
| 2021 | $553.7K | 6.4 kt | $0.09 |
| 2020 | $245.5K | 229.4 t | $1.07 |
Production FAOSTAT · 2024
Nigeria produced 65.3 kt of natural rubber in 2024▲ 5% YoY. It ranks #18 among producing countries (0.4% of world output).
Production by year (tonnes)
HS Code
natural rubber is traded under Harmonized System code 4001.10. Trade figures above are compiled for this HS heading.
Sources: trade & HS - UN Comtrade; production - FAOSTAT (FAO). Values are official reported figures.