Nigerian farmers exported goods worth $155.12m (N60.5bn) in the third quarter of 2020.
During the quarter, total trade in agricultural goods stood at N563.9bn, according to figures obtained from the National Bureau of Statistics on foreign trade. Analysis by economic region showed that agricultural goods were exported to Asia (N32.2bn), Europe (N16.7bn), Africa (N9.1bn) and America (N2.4bn).
The key drivers of agricultural products exports were sesamum seeds, cashew nuts, good fermented cocoa beans and superior quality raw cocoa beans. Sesamum seeds were exported mainly to Japan (N5.3bn) and China (N4.7bn), while cashew nuts worth N8.3bn and N2.2bn were exported to Vietnam and India respectively…
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