Nigeria - Palm Oil Gross Production
Since 2014, Nigeria Palm Oil Gross Production fell by 20.6% year on year. At $338.18 Million in 2019, the country was number 9 comparing other countries in Palm Oil Gross Production. Nigeria is overtaken by Ivory Coast, which was number 8 at $348.83 Million and is followed by Cameroon with $273.95 Million. Indonesia lead the ranking with $18,874.82 Million in 2019, that is an increase of 4.7% versus 2018. Malaysia, Thailand and Colombia respectively ranked number 2, 3 and 4 in this ranking. Ghana witnessed the best average annual growth at +38.2% per year, while Nigeria witnessed the worst performance at -20.6% per year.
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| Date | Million US Dollars |
|---|---|
| 2019 | 338.18 |
| 2018 | 395.85 |
| 2017 | 376.35 |
| 2016 | 488.71 |
| 2015 | 767.09 |
Download all data from 1991 to 2019
How does Nigeria rank in Palm Oil Gross Production?
| # | 32 Countries | Million US Dollars | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
Indonesia
|
18,874.82 | 2019 | +4.7 % | +0.9 % | View data | |
| 2 |
#2
Malaysia
|
11,526.85 | 2019 | +4.6 % | -4.3 % | View data | |
| 8 |
#8
Ivory Coast
|
348.83 | 2019 | +1.5 % | +0.6 % | View data | |
| 9 |
#9
Nigeria
|
338.18 | 2019 | -14.6 % | -20.6 % | View data | |
| 10 |
#10
Cameroon
|
273.95 | 2019 | -3.1 % | -2.9 % | View data | |