Nigeria Exporter Guide 2023
Nigeria is the most populous country in Africa, and has the largest economy on the continent. Demographically, its population is relatively young and urbanizing. While there are clear food and agricultural export opportunities in Africa’s largest consumer market, 2023 has been a challenging year. Consumers have contended with the national currency’s devaluation, food price inflation, and the ending of the national fuel subsidy, all of which has hurt purchasing power. However, consumers, especially in cities, have favorable views of imported food and agricultural products, and domestic food processors seek stable supplies of food ingredients to bridge domestic production gaps. This report serves as a guide for U.S. exporters seeking to export U.S. food, beverages, and agricultural products to Nigeria. It provides an overview of the market potential, import food standards & regulations, import procedures, market trends, and useful contacts.