Soya Bean Flour Prices in Nigeria
| Variety | Market level | Price (US$/kg) | Local (NGN) | MoM | YoY | Source |
|---|---|---|---|---|---|---|
| - | Export (unit value) | 0.53 | 246 | ▼ 24.9% | ▼ 24.9% | UN Comtrade (unit value) |
As of June 2026, the soya bean flour price in Nigeria available is US$ 0.53 per kg (246 NGN), down 24.9% year-on-year.
Nigeria is the world's second-largest exporter of soya bean flour, shipping 266,137 tonnes valued at US$142.3 million in 2024, which accounts for 8.2% of global exports and marks a 24.1% year-on-year increase. The country is a net exporter of this commodity. The latest export unit value is US$0.5348 per kg.
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Soya Bean Flour Price History & Trend
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Production, Exports, Imports & HS Codes - soya bean flour in Nigeria
Nigeria is the world's second-largest exporter of soya bean flour, shipping 266,137 tonnes valued at US$142.3 million in 2024, which accounts for 8.2% of global exports and marks a 24.1% year-on-year increase. The country is a net exporter of this commodity. The latest export unit value is US$0.5348 per kg.
Exports UN Comtrade · 2024
In 2024, Nigeria exported $142.3M (266.1 kt) of soya bean flour▲ 24.1% YoY. That ranks #2 worldwide (8.2% of global exports).
Export value by year (US$)
Export volume by year
Top soya bean flour exporters worldwide UN Comtrade · 2024
- #1 US $1.31B · 75.7%
- #2 Nigeria $142.3M · 8.2%
- #3 Italy $107.5M · 6.2%
- #4 Bolivia $47.7M · 2.8%
- #5 Serbia and Montenegro $23.7M · 1.4%
Annual export data Nigeria · UN Comtrade
| Year | Export value (US$) | Volume | Avg price/kg |
|---|---|---|---|
| 2024 | $142.3M | 266.1 kt | $0.53 |
| 2023 | $114.7M | 161 kt | $0.71 |
| 2022 | $181K | 346.2 t | $0.52 |
| 2020 | $1.3M | 3.3 kt | $0.37 |
HS Code
soya bean flour is traded under Harmonized System code 1208.10. Trade figures above are compiled for this HS heading.
Sources: trade & HS - UN Comtrade. Values are official reported figures.