Palm oil — Production in Nigeria

Nigeria: Palm oil — Production was 1.46 million t in 2023. ▲ Rising

Latest (2023)
1.46 million t
Change on year
up 2.8%
World rank
5th
of 44 countries
All-time high
1.56 million t
in 2018
All-time low
430,000 t
in 1973
Years of data
63
1961–2023

Palm oil — Production in Nigeria, 1961–2023

500.0k750.0k1.0M1.2M1.5M196119922023

Source: Food and Agriculture Organization of the United Nations. Measured in t.

Analysis

In 2023, palm oil — production in Nigeria stood at 1.46 million t.

That represents a change of up 2.8% on the previous year and up 65.9% over ten years.

Over the whole period, palm oil — production in Nigeria peaked at 1.56 million t in 2018 and was at its lowest, 430,000 t, in 1973.

Nigeria ranks 5th of 44 countries on this measure, in the top 10%.

The long-run direction has been consistently rising across the 63 years of available data.

Palm oil — Production in Nigeria, year by year

Annual values for Palm oil — Production in Nigeria, 1961 to 2023.
Year t Change
1961 669,000 t —
1962 640,000 t -4.3%
1963 657,000 t +2.7%
1964 676,000 t +2.9%
1965 687,000 t +1.6%
1966 713,000 t +3.8%
1967 601,000 t -15.7%
1968 599,000 t -0.3%
1969 621,000 t +3.7%
1970 488,000 t -21.4%
1971 500,000 t +2.5%
1972 460,000 t -8.0%
1973 430,000 t -6.5%
1974 485,000 t +12.8%
1975 500,000 t +3.1%
1976 525,000 t +5.0%
1977 528,000 t +0.6%
1978 530,000 t +0.4%
1979 650,000 t +22.6%
1980 650,000 t +0.0%
1981 530,000 t -18.5%
1982 500,000 t -5.7%
1983 500,000 t +0.0%
1984 500,000 t +0.0%
1985 615,000 t +23.0%
1986 650,000 t +5.7%
1987 715,000 t +10.0%
1988 700,000 t -2.1%
1989 700,000 t +0.0%
1990 730,000 t +4.3%
1991 760,000 t +4.1%
1992 792,000 t +4.2%
1993 825,000 t +4.2%
1994 837,000 t +1.5%
1995 860,000 t +2.7%
1996 776,000 t -9.8%
1997 810,000 t +4.4%
1998 845,000 t +4.3%
1999 896,000 t +6.0%
2000 899,000 t +0.3%
2001 903,000 t +0.4%
2002 961,000 t +6.4%
2003 1.02 million t +6.3%
2004 1.09 million t +7.0%
2005 1.17 million t +6.9%
2006 1.29 million t +10.0%
2007 1.31 million t +1.7%
2008 1.33 million t +1.6%
2009 1.23 million t -7.3%
2010 970,820 t -21.3%
2011 930,000 t -4.2%
2012 940,000 t +1.1%
2013 880,000 t -6.4%
2014 1.35 million t +53.4%
2015 1.43 million t +6.1%
2016 960,000 t -33.0%
2017 1.53 million t +59.3%
2018 1.56 million t +2.3%
2019 1.22 million t -22.0%
2020 1.28 million t +4.9%
2021 1.35 million t +5.5%
2022 1.42 million t +5.2%
2023 1.46 million t +2.8%

Nigeria compared with similar countries

  • Nigeria's 1.46 million t is above the median for lower middle income countries, which is 100,000 t, 14.6× the median. (15 countries reporting)
  • Nigeria's 1.46 million t is above the median for Sub-Saharan Africa, which is 27,616 t, 52.9× the median. (19 countries reporting)

Biggest year-on-year movements

Years where Palm oil — Production in Nigeria changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
2017 +59.3% 960,000 t 1.53 million t
2014 +53.4% 880,000 t 1.35 million t
2016 -33.0% 1.43 million t 960,000 t

Averages by decade

DecadeAverage LowestHighest Years
1960s 651,444 t 599,000 t 713,000 t 9
1970s 509,600 t 430,000 t 650,000 t 10
1980s 606,000 t 500,000 t 715,000 t 10
1990s 813,100 t 730,000 t 896,000 t 10
2000s 1.12 million t 899,000 t 1.33 million t 10
2010s 1.18 million t 880,000 t 1.56 million t 10
2020s 1.38 million t 1.28 million t 1.46 million t 4

Countries ranked near Nigeria

  1. 2 Malaysia 18.55 million t compare
  2. 3 Thailand 3.32 million t compare
  3. 4 Colombia 1.84 million t compare
  4. 5 Melanesia 801,000 t compare
  5. 6 Democratic Republic of the Congo 300,000 t compare
  6. 6 Guatemala 933,926 t compare
  7. 7 Papua New Guinea 770,000 t compare
  8. 7 Venezuela (Bolivarian Republic of) 103,346 t compare
  9. 8 Honduras 655,000 t compare
  10. 8 United Republic of Tanzania 5,616 t compare

See the full ranking of 72 places →

More agriculture & rural data for Nigeria

All data for Nigeria →

Frequently asked questions

What is palm oil — production in Nigeria?
Palm oil — production in Nigeria was 1.46 million t in 2023, according to Food and Agriculture Organization of the United Nations.
What is the highest palm oil — production recorded in Nigeria?
The highest recorded value was 1.56 million t in 2018.
What is the lowest palm oil — production recorded in Nigeria?
The lowest recorded value was 430,000 t in 1973.
How does Nigeria rank for palm oil — production?
Nigeria ranks 5th out of 44 countries with data for 2023.
Is palm oil — production rising or falling in Nigeria?
Over the last ten years it is up 65.9%. The long-run trend across the full record is rising.
Where does this Nigeria data come from?
The figures come from Food and Agriculture Organization of the United Nations, published as part of Palm oil — Production. Statizoid updates them automatically from the source API.

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Palm oil — Production in Nigeria. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 01 October 2026, from https://agriculture.statizoid.com/stat/palm-oil-production-2/nigeria/

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About this data

Indicator
Palm oil — Production
Unit
t
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
72 places, 3,979 data points, 1961–2023
Last refreshed

Crop and livestock statistics are recorded for 278 products, covering the following categories: 1) CROPS PRIMARY: Cereals, Citrus Fruit, Fibre Crops, Fruit, Oil Crops, Oil Crops and Cakes in Oil Equivalent, Pulses, Roots and Tubers, Sugar Crops, Treenuts and Vegetables. Data are expressed in terms of area harvested, production quantity and yield. Cereals: Area and production data on cereals relate to crops harvested for dry grain only. Cereal crops harvested for hay or harvested green for food, feed or silage or used for grazing are therefore excluded. 2) CROPS PROCESSED: Beer of barley; Cotton lint; Cottonseed; Margarine, short; Molasses; Oil, coconut (copra); Oil, cottonseed; Oil, groundnut; Oil, linseed; Oil, maize; Oil, olive, virgin; Oil, palm; Oil, palm kernel; Oil, rapeseed; Oil, safflower; Oil, sesame; Oil, soybean; Oil, sunflower; Palm kernels; Sugar Raw Centrifugal; Wine. 3) LIVE ANIMALS: Animals live n.e.s.; Asses; Beehives; Buffaloes; Camelids, other; Camels; Cattle; Chickens; Ducks; Geese and guinea fowls; Goats; Horses; Mules; Pigeons, other birds; Pigs; Rabbits and hares; Rodents, other; Sheep; Turkeys. 4) LIVESTOCK PRIMARY: Beeswax; Eggs (various types); Hides buffalo, fresh; Hides, cattle, fresh; Honey, natural; Meat (ass, bird nes, buffalo, camel, cattle, chicken, duck, game, goat, goose and guinea fowl, horse, mule, Meat nes, meat other camelids, Meat other rodents, pig, rabbit, sheep, turkey); Milk (buffalo, camel, cow, goat, sheep); Offals, nes; Silk-worm cocoons, reelable; Skins (goat, sheep); Snails, not sea; Wool, greasy. 5) LIVESTOCK PROCESSED: Butter (of milk from sheep, goat, buffalo, cow); Cheese (of milk from goat, buffalo, sheep, cow milk); Cheese of skimmed cow milk; Cream fresh; Ghee (cow and buffalo milk); Lard; Milk (dry buttermilk, skimmed condensed, skimmed cow, skimmed dried, skimmed evaporated, whole condensed, whole dried, whole evaporated); Silk raw; Tallow; Whey (condensed and dry); Yoghurt.