The United States soybean exports to Nigeria have surged to an all-time high of 62,100 metric tons (MT) in 2024, accounting for 97 percent of the total exports of the grain for the period after a six-year absence, data from UN Comtrade shows. The surge was driven by a combination of factors, including strong demand for high-quality soybeans from Nigeria’s livestock industry, high population growth, and new investments in the edible oil industry. Nigerian customers at the ongoing Soy Connext Conference - a U.S. Soybean Export Council (USSE
The United States soybean exports to Nigeria have surged to an all-time high of 62,100 metric tons (MT) in 2024, accounting for 97 percent of the total exports of the grain for the period after a six-year absence, data from UN Comtrade shows. The surge was driven by a combination of factors, including strong demand for high-quality soybeans from Nigeria’s livestock industry, high population growth, and new investments in the edible oil industry. Nigerian customers at the ongoing Soy Connext Conference - a U.S. Soybean Export Council (USSE