Peanut (groundnuts) Prices in Nigeria
| Variety | Market level | Price (US$/kg) | Local (NGN) | MoM | YoY | Source |
|---|---|---|---|---|---|---|
| — | Export (unit value) | 0.74 | 342 | ▼ 32.6% | ▼ 32.6% | UN Comtrade (unit value) |
As of June 2026, the peanut (groundnuts) price in Nigeria available is US$ 0.74 per kg (342 NGN), down 32.6% year-on-year.
Nigeria exported 93 tonnes of peanuts (groundnuts) in 2024, valued at US$68,958, ranking #67 out of 102 exporters and accounting for 0.0% of global exports. Export volume declined by 74.3% year-on-year. The latest export unit value is US$0.7416 per kg. Nigeria is a net exporter of peanuts.
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Peanut (groundnuts) Price History & Trend
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Production, Exports, Imports & HS Codes — peanut (groundnuts) in Nigeria
Nigeria exported 93 tonnes of peanuts (groundnuts) in 2024, valued at US$68,958, ranking #67 out of 102 exporters and accounting for 0.0% of global exports. Export volume declined by 74.3% year-on-year. The latest export unit value is US$0.7416 per kg. Nigeria is a net exporter of peanuts.
Exports UN Comtrade · 2024
In 2024, Nigeria exported $69K (93 t) of peanut (groundnuts)▼ 74.3% YoY. That ranks #67 worldwide (0% of global exports).
Export value by year (US$)
Export volume by year
Top peanut (groundnuts) exporters worldwide UN Comtrade · 2024
- #1 Argentina $893.1M · 25.6%
- #2 India $821.9M · 23.5%
- #3 US $392.2M · 11.2%
- #4 Brazil $359.9M · 10.3%
- #5 Netherlands $291.9M · 8.4%
Annual export data Nigeria · UN Comtrade
| Year | Export value (US$) | Volume | Avg price/kg |
|---|---|---|---|
| 2024 | $69K | 93 t | $0.74 |
| 2023 | $268.7K | 244.3 t | $1.1 |
| 2021 | $15.3K | 8.9 t | $1.72 |
HS Code
peanut (groundnuts) is traded under Harmonized System code 1202.42. Trade figures above are compiled for this HS heading.
Sources: trade & HS — UN Comtrade. Values are official reported figures.