# Nigeria HS 230610 exports | Yugalinks

Explore reported HS 230610 exports from Nigeria: destinations, growth, concentration, prices, and history.

## Exporter position

| Measure | Value |
| --- | --- |
| Exporter | Nigeria |
| HS6 | 230610 |
| Latest exports | $558.3K |
| Active destinations | 3 |
| Three-year growth | +70.9% |
| Destination HHI | 846 |
| Weighted share | 32.5% |

## Destination markets

- Mauritania: $58.2K; share 0.6%; growth -2.7%

## Price intelligence

- Highest reported market price: Republic of Korea at $11.5K / ton.
- Lowest reported market price: Niger at $55.2 / ton.
- Median reported price: $166.7 / ton.
- Price spread: 6,866.9%.

## Export history

- 2008: $25.0K
- 2009: $301.4K
- 2010: $76.5K
- 2011: $19.3K
- 2012: $522.0
- 2015: $2.3K
- 2016: $186.6K
- 2017: $98.2K
- 2018: $12.0K
- 2019: $160.0K
- 2020: $33.0K
- 2021: $13.1K
- 2022: $21.9K
- 2023: $2.1K
- 2024: $65.2K

## Methods

Reported exporter totals are combined with destination, price, history, and country-context observations. Growth, concentration, weighted share, volatility, drawdown, and price-position values are calculated indicators rather than additional reported trade.

Missing values are shown as Not reported and are not imputed.

## Complete structured values

```json
{
  "template": "T3",
  "templateName": "Product Exporter Position Profile",
  "source": "api",
  "publisher": {
    "name": "Yugalinks",
    "url": "https://www.yugalinks.com"
  },
  "canonical": "https://www.yugalinks.com/trade/exporter/nga/230610",
  "links": {
    "product": "https://www.yugalinks.com/trade/product/230610",
    "exporter": "https://www.yugalinks.com/trade/exporter/nga/230610",
    "methodology": "https://www.yugalinks.com/methodology"
  },
  "methodology": {
    "summary": "Reported exporter totals are combined with destination, price, history, and country-context observations. Growth, concentration, weighted share, volatility, drawdown, and price-position values are calculated indicators rather than additional reported trade.",
    "reportedValues": "Merchandise trade observations for an exporter, HS6 product, destination market, and available year.",
    "destinations": "Destination rows are ranked by latest observed exporter-lane value.",
    "prices": "Unit values are reported trade value divided by reported quantity where quantity is positive.",
    "missingData": "Missing values are shown as Not reported and are not imputed."
  },
  "exporter": {
    "hs_code": "230610",
    "exporter_iso3": "NGA",
    "first_data_year": 1995,
    "latest_data_year": 2024,
    "observed_lane_count": 28,
    "current_lane_count": 3,
    "active_market_count": 3,
    "exports_latest_observed_lanes_usd": 558269.2457373962,
    "exports_current_2024_usd": 65243.58507809597,
    "exports_avg_3y_usd": 29743.496110570395,
    "exports_avg_5y_usd": 27051.620579071605,
    "exports_avg_10y_usd": 59422.514134724435,
    "exports_cagr_3y_pct": 70.9107014106625,
    "exports_cagr_5y_pct": -16.419895920021755,
    "exports_cagr_10y_pct": 62.0635702913132,
    "exports_all_year_lane_avg_usd": 1702955.6221577832,
    "exports_historical_lane_peak_usd": 3860785.863013992,
    "historical_peak_year": 2002,
    "positive_growth_year_share_pct": 48.148148148148145,
    "trend_acceleration_pct": 8.8471311193493,
    "trend_label": "Rapid growth",
    "top_market_iso3": "USA",
    "top_market_exports_usd": 68785.94334678733,
    "top_market_share_pct": 12.321284733485658,
    "destination_hhi": 845.9561607140575,
    "weighted_share_latest_pct": 32.45221996090035,
    "weighted_share_change_1y_pp": 10.801990392086676,
    "weighted_volatility_cv": 0.7052520118199556,
    "weighted_max_drawdown_pct": 47.41833189542546,
    "limited_history_lane_share_pct": 82.14285714285714,
    "data_freshness_years": 0,
    "coverage_score": 71.5,
    "confidence_label": "Medium",
    "refreshed_at": "2026-07-20 09:29:33",
    "source": "api",
    "product": {
      "hs_code": 230610,
      "hs_description": "Oil-cake and other solid residues: whether or not ground or in the form of pellets, resulting from the extraction of cotton seed oils",
      "hs_chapter": 23,
      "hs_heading": 2306,
      "substitution_elasticity": -28.289387,
      "price_range_label": "High price range",
      "trade_type_label": "One-way trade"
    },
    "hs_description": "Oil-cake and other solid residues: whether or not ground or in the form of pellets, resulting from the extraction of cotton seed oils",
    "hs_chapter": 23,
    "hs_heading": 2306,
    "destinations": [
      {
        "hs_code": 230610,
        "corridor_rank": 14,
        "exporter_iso3": "NGA",
        "importer_iso3": "MRT",
        "latest_data_year": 2024,
        "lane_data_years": 3,
        "exports_latest_observed_usd": 58177.39518971546,
        "exports_all_year_avg_usd": 102614.4969891411,
        "exports_avg_3y_usd": 58177.39518971546,
        "exports_avg_5y_usd": 58177.39518971546,
        "exports_avg_10y_usd": 102614.4969891411,
        "exports_cagr_3y_pct": -2.672858916319143,
        "exports_cagr_5y_pct": -1.6123970403259524,
        "exports_cagr_10y_pct": null,
        "exports_historical_peak_usd": 186562.75194523405,
        "buyer_imports_latest_observed_usd": 10066189.396850936,
        "historical_peak_year": 2016,
        "positive_growth_year_share_pct": 0,
        "trend_acceleration_pct": null,
        "trend_label": "Stable",
        "buyer_yoy_latest_pct": 10.4894,
        "buyer_yoy_all_avg_pct": 3200.8483,
        "buyer_trend_consistency_pct": 50,
        "market_share_latest_pct": 0.5779485453344979,
        "market_share_change_1y_pp": -12.848528195605933,
        "peer_best_share_pct": 44.15970682355449,
        "peer_top_exporter": "CIV",
        "supplier_count_latest": 6,
        "buyer_market_hhi": 3804.74,
        "distance_km": 2478.278076171875,
        "has_reported_fta": 1,
        "applied_tariff_pct": null,
        "tariff_advantage_pp": null,
        "volatility_cv": 0.5788113454559659,
        "max_drawdown_pct": 68.81617869423711,
        "attention_level": "Watch",
        "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
        "risk_driver_labels": "['unrecovered_drawdown','concentrated_buyer_market','limited_history']",
        "signal_flag": "Declining",
        "confidence_label": "Low",
        "refreshed_at": "2026-07-20 09:30:25"
      }
    ],
    "priceSummary": {
      "exporter_iso3": "NGA",
      "hs_code": 230610,
      "num_markets": 5,
      "highest_price_importer_iso3": "KOR",
      "highest_price_usd_per_ton": 11500,
      "lowest_price_importer_iso3": "NER",
      "lowest_price_usd_per_ton": 55.234375,
      "median_price_across_markets": 166.66666666666666,
      "price_spread_pct": 6866.859375,
      "avg_quantity_metric_tons": 181.94366666666667,
      "total_trade_value_usd": 175836
    },
    "history": [
      {
        "year": 2008,
        "export_value_usd": 24983.75441068839,
        "active_destinations": 3,
        "yoy_growth_pct": -94.91923868590088
      },
      {
        "year": 2009,
        "export_value_usd": 301434.6753021122,
        "active_destinations": 3,
        "yoy_growth_pct": 1106.5227281178936
      },
      {
        "year": 2010,
        "export_value_usd": 76471.23424984244,
        "active_destinations": 3,
        "yoy_growth_pct": -74.6309099398736
      },
      {
        "year": 2011,
        "export_value_usd": 19253.943445101722,
        "active_destinations": 5,
        "yoy_growth_pct": -74.82197896506241
      },
      {
        "year": 2012,
        "export_value_usd": 522.0159759052591,
        "active_destinations": 1,
        "yoy_growth_pct": -97.28878410080684
      },
      {
        "year": 2015,
        "export_value_usd": 2291.8470006293724,
        "active_destinations": 1,
        "yoy_growth_pct": 339.03771271653966
      },
      {
        "year": 2016,
        "export_value_usd": 186562.75194523405,
        "active_destinations": 1,
        "yoy_growth_pct": 8040.279516651913
      },
      {
        "year": 2017,
        "export_value_usd": 98150.0981632967,
        "active_destinations": 2,
        "yoy_growth_pct": -47.39030318757899
      },
      {
        "year": 2018,
        "export_value_usd": 11997.964315178955,
        "active_destinations": 2,
        "yoy_growth_pct": -87.7759018689748
      },
      {
        "year": 2019,
        "export_value_usd": 159964.37702754722,
        "active_destinations": 2,
        "yoy_growth_pct": 1233.2626504412242
      },
      {
        "year": 2020,
        "export_value_usd": 32958.98500764928,
        "active_destinations": 2,
        "yoy_growth_pct": -79.39604703241305
      },
      {
        "year": 2021,
        "export_value_usd": 13068.629555997564,
        "active_destinations": 1,
        "yoy_growth_pct": -60.34881064157609
      },
      {
        "year": 2022,
        "export_value_usd": 21928.47950324481,
        "active_destinations": 1,
        "yoy_growth_pct": 67.79478987665702
      },
      {
        "year": 2023,
        "export_value_usd": 2058.4237503704053,
        "active_destinations": 4,
        "yoy_growth_pct": -90.61301195066527
      },
      {
        "year": 2024,
        "export_value_usd": 65243.58507809597,
        "active_destinations": 3,
        "yoy_growth_pct": 3069.5895981746057
      }
    ],
    "economy": {
      "year": 2024,
      "country_iso3": "NGA",
      "exports_usd": 56941418902.15539,
      "imports_usd": 50278133107.64248,
      "trade_balance_usd": 6663285794.512909,
      "yoy_exports_growth_pct": -9.67373651308262,
      "yoy_imports_growth_pct": -16.18062425952269,
      "exports_cagr_3y_pct": 4.026458555641921,
      "imports_cagr_3y_pct": -5.508057780247311,
      "export_partner_hhi": 465.8320147058125,
      "export_product_hhi": 4533.798080511278,
      "momentum_score": -5.563677992465257,
      "risk_score": 24.998150476085456,
      "gdp_million_usd": 252261.88014115053,
      "gdp_per_capita_usd": 1084.1604180543611,
      "population": 232679478,
      "labor_force": 67678.81,
      "investment_rate_pct": 26.33,
      "savings_rate_pct": 20.4,
      "secondary_education_pct": 40.44,
      "tertiary_education_pct": 3.29,
      "total_factor_productivity": 594.15,
      "trade_openness_pct": 13.142187617070435,
      "exports_gdp_pct": 6.979462200382475,
      "num_active_partners": 270,
      "num_fta_partners": 14,
      "num_wto_partners": 169,
      "num_eu_partners": 28,
      "num_shared_border_partners": 4,
      "num_shared_language_partners": 77,
      "avg_partner_distance_km": 7262.135802469136,
      "avg_partner_gdp_million_usd": 533678518.3258192,
      "avg_partner_gdp_per_capita_usd": 15.774186170212769,
      "avg_buyer_biz_entry_days": null,
      "avg_buyer_biz_entry_cost_pct": null,
      "pct_partners_with_fta": 5.185185185185185,
      "pct_partners_shared_language": 28.51851851851852,
      "pct_partners_shared_border": 1.4814814814814816,
      "avg_applied_tariff_pct": 0.13151512571683113,
      "avg_mfn_tariff_pct": 0.1364169151772714,
      "avg_preferential_tariff_pct": 0.03678156734880338,
      "tariff_advantage_pp": 0.099635347828468,
      "avg_distance_all_partners_km": 7234.188837116315,
      "num_border_partners": 100,
      "num_colonial_partners": 25,
      "avg_substitution_elasticity": -9.339842972467615,
      "pct_products_high_elasticity": 71.0772104607721,
      "pct_products_low_elasticity": 3.3935242839352426,
      "real_market_potential": 164373.51126504008,
      "foreign_market_potential": 24611.999896897145
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    "countryMap": {}
  },
  "product": {
    "hs_code": "230610",
    "hs_description": "Oil-cake and other solid residues: whether or not ground or in the form of pellets, resulting from the extraction of cotton seed oils",
    "hs_chapter": 23,
    "hs_heading": 2306
  },
  "destinations": [
    {
      "hs_code": 230610,
      "corridor_rank": 14,
      "exporter_iso3": "NGA",
      "importer_iso3": "MRT",
      "latest_data_year": 2024,
      "lane_data_years": 3,
      "exports_latest_observed_usd": 58177.39518971546,
      "exports_all_year_avg_usd": 102614.4969891411,
      "exports_avg_3y_usd": 58177.39518971546,
      "exports_avg_5y_usd": 58177.39518971546,
      "exports_avg_10y_usd": 102614.4969891411,
      "exports_cagr_3y_pct": -2.672858916319143,
      "exports_cagr_5y_pct": -1.6123970403259524,
      "exports_cagr_10y_pct": null,
      "exports_historical_peak_usd": 186562.75194523405,
      "buyer_imports_latest_observed_usd": 10066189.396850936,
      "historical_peak_year": 2016,
      "positive_growth_year_share_pct": 0,
      "trend_acceleration_pct": null,
      "trend_label": "Stable",
      "buyer_yoy_latest_pct": 10.4894,
      "buyer_yoy_all_avg_pct": 3200.8483,
      "buyer_trend_consistency_pct": 50,
      "market_share_latest_pct": 0.5779485453344979,
      "market_share_change_1y_pp": -12.848528195605933,
      "peer_best_share_pct": 44.15970682355449,
      "peer_top_exporter": "CIV",
      "supplier_count_latest": 6,
      "buyer_market_hhi": 3804.74,
      "distance_km": 2478.278076171875,
      "has_reported_fta": 1,
      "applied_tariff_pct": null,
      "tariff_advantage_pp": null,
      "volatility_cv": 0.5788113454559659,
      "max_drawdown_pct": 68.81617869423711,
      "attention_level": "Watch",
      "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
      "risk_driver_labels": "['unrecovered_drawdown','concentrated_buyer_market','limited_history']",
      "signal_flag": "Declining",
      "confidence_label": "Low",
      "refreshed_at": "2026-07-20 09:30:25"
    }
  ],
  "prices": [],
  "priceSummary": {
    "exporter_iso3": "NGA",
    "hs_code": 230610,
    "num_markets": 5,
    "highest_price_importer_iso3": "KOR",
    "highest_price_usd_per_ton": 11500,
    "lowest_price_importer_iso3": "NER",
    "lowest_price_usd_per_ton": 55.234375,
    "median_price_across_markets": 166.66666666666666,
    "price_spread_pct": 6866.859375,
    "avg_quantity_metric_tons": 181.94366666666667,
    "total_trade_value_usd": 175836
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  "history": [
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      "year": 2008,
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      "active_destinations": 3,
      "yoy_growth_pct": -94.91923868590088
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    {
      "year": 2011,
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    {
      "year": 2012,
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      "yoy_growth_pct": -97.28878410080684
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    {
      "year": 2015,
      "export_value_usd": 2291.8470006293724,
      "active_destinations": 1,
      "yoy_growth_pct": 339.03771271653966
    },
    {
      "year": 2016,
      "export_value_usd": 186562.75194523405,
      "active_destinations": 1,
      "yoy_growth_pct": 8040.279516651913
    },
    {
      "year": 2017,
      "export_value_usd": 98150.0981632967,
      "active_destinations": 2,
      "yoy_growth_pct": -47.39030318757899
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    {
      "year": 2018,
      "export_value_usd": 11997.964315178955,
      "active_destinations": 2,
      "yoy_growth_pct": -87.7759018689748
    },
    {
      "year": 2019,
      "export_value_usd": 159964.37702754722,
      "active_destinations": 2,
      "yoy_growth_pct": 1233.2626504412242
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    {
      "year": 2020,
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      "active_destinations": 2,
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    {
      "year": 2021,
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    {
      "year": 2022,
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      "yoy_growth_pct": 67.79478987665702
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    {
      "year": 2023,
      "export_value_usd": 2058.4237503704053,
      "active_destinations": 4,
      "yoy_growth_pct": -90.61301195066527
    },
    {
      "year": 2024,
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      "active_destinations": 3,
      "yoy_growth_pct": 3069.5895981746057
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  "economy": {
    "year": 2024,
    "country_iso3": "NGA",
    "exports_usd": 56941418902.15539,
    "imports_usd": 50278133107.64248,
    "trade_balance_usd": 6663285794.512909,
    "yoy_exports_growth_pct": -9.67373651308262,
    "yoy_imports_growth_pct": -16.18062425952269,
    "exports_cagr_3y_pct": 4.026458555641921,
    "imports_cagr_3y_pct": -5.508057780247311,
    "export_partner_hhi": 465.8320147058125,
    "export_product_hhi": 4533.798080511278,
    "momentum_score": -5.563677992465257,
    "risk_score": 24.998150476085456,
    "gdp_million_usd": 252261.88014115053,
    "gdp_per_capita_usd": 1084.1604180543611,
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    "labor_force": 67678.81,
    "investment_rate_pct": 26.33,
    "savings_rate_pct": 20.4,
    "secondary_education_pct": 40.44,
    "tertiary_education_pct": 3.29,
    "total_factor_productivity": 594.15,
    "trade_openness_pct": 13.142187617070435,
    "exports_gdp_pct": 6.979462200382475,
    "num_active_partners": 270,
    "num_fta_partners": 14,
    "num_wto_partners": 169,
    "num_eu_partners": 28,
    "num_shared_border_partners": 4,
    "num_shared_language_partners": 77,
    "avg_partner_distance_km": 7262.135802469136,
    "avg_partner_gdp_million_usd": 533678518.3258192,
    "avg_partner_gdp_per_capita_usd": 15.774186170212769,
    "avg_buyer_biz_entry_days": null,
    "avg_buyer_biz_entry_cost_pct": null,
    "pct_partners_with_fta": 5.185185185185185,
    "pct_partners_shared_language": 28.51851851851852,
    "pct_partners_shared_border": 1.4814814814814816,
    "avg_applied_tariff_pct": 0.13151512571683113,
    "avg_mfn_tariff_pct": 0.1364169151772714,
    "avg_preferential_tariff_pct": 0.03678156734880338,
    "tariff_advantage_pp": 0.099635347828468,
    "avg_distance_all_partners_km": 7234.188837116315,
    "num_border_partners": 100,
    "num_colonial_partners": 25,
    "avg_substitution_elasticity": -9.339842972467615,
    "pct_products_high_elasticity": 71.0772104607721,
    "pct_products_low_elasticity": 3.3935242839352426,
    "real_market_potential": 164373.51126504008,
    "foreign_market_potential": 24611.999896897145
  }
}
```