Nigeria retains 7th place among the leading buyers of Russian wheat

Published 2021년 2월 2일

Tridge summary

In 2020, Russian agricultural exports to Nigeria saw a 22% increase, reaching a value of $299 million and totaling 1.1 million tons. The primary export was wheat, followed by fish products and sunflower seeds. Nigeria, with its growing population and urbanization, is a significant market for Russian agricultural products. There is potential for these exports to double in the coming years, particularly in grain crops, fish, fat and oil products, food products, and dairy products, as Nigeria's domestic production cannot meet its increasing milk consumption.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Russian agricultural exports to Nigeria in 2020 grew by 22% In 2020 (data from the Federal Customs Service for January-December and Rosstat data on the 8-VES-fish form for January-November) Russia supplied Nigeria with agricultural products worth $ 299 million, which is 22% more than the previous year. In physical terms, exports increased by 14% to 1.1 million tons. Nigeria is among the top 30 importers of agricultural products from Russia. The main share in supplies falls on wheat, which was shipped to the African country 998 thousand tons (+ 12% by 2019) in the amount of $ 207 million (+ 15%). With this indicator, Nigeria retained the 7th place among the leading buyers of Russian wheat. Russia also exports fish products to the federal republic. In particular, sales of frozen fish increased by 29% to 110 thousand tons, in monetary terms - by 39% to 88 million dollars.In addition, 270 tons of dried and salted fish (+ 8.3%) were delivered worth 715 thousand dollars. . (+ 13%). In ...

Source: Agroxxi