Imported Rice In Nigeria 2026 Market Overview & Trends

Unlocking Opportunities in Imported Rice In Nigeria Market: Trends, Strategies, and Growth Insights

$34.4 m

Market Size

8.8 m Kg

Import Volume

United States

Key Trading Partner

~26.70%

Market Growth Rate

Rice Market Overview in Nigeria

AI Insight

Nigeria's rice import market is on a sharp recovery trajectory, with 2024 values reaching $34.4M, a massive rebound from the 2023 low. The market maintains a solid 26.7% growth rate. Thailand remains the dominant supplier, controlling the majority of the market share, while the United States has emerged as a high-growth partner with a 910% increase. Trade is heavily concentrated in husked (brown) rice. This data indicates a strengthening market with a shift toward high-value, established suppliers and surging demand.

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5-Year Import Volume

AI Insight

Nigeria's rice import market experienced a massive surge in 2024, with value reaching $34,386,520. This follows a significant period of volatility, including a sharp decline to $204,610 in 2023. The 2024 peak in both value and quantity (8.78 million units) suggests a major shift in trade activity compared to the preceding four years.

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Top 5 Supplier Countries

Thailand

81.2%

Italy

15.68%

United States

2.52%

China

0.5%

India

0.1%

AI Insight

In 2024, Thailand stands as the primary supplier to Nigeria, contributing $27,919,810 in export value. Italy follows as a significant secondary partner at $5,391,300. The market is highly concentrated, with Thailand and Italy vastly outperforming other exporters like the United States, China, and India in the rice sector.

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Import Growth Analysis

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26.7%Annual Growth

AI Insight

The market demonstrates a robust growth rate of 26.7%. This double-digit increase signifies a strong upward trend in import demand, reflecting a positive market expansion and increased procurement activity for the analyzed period.

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Emerging Supply Markets

AI Insight

The United States is the fastest-growing emerging partner, with a remarkable growth rate of 910.09% and a 2024 value of $865,540. The United Kingdom also shows significant momentum at 104.33% growth. Meanwhile, the UAE, Belgium, and Canada are establishing initial footprints in the Nigerian rice market.

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Related Products You May Import

AI Insight

Husked (brown) rice (HS100620) is the dominant product category, valued at $27,919,850 in 2024. IR 64 rice (HS100630) also holds a substantial market share at $6,305,810. Other varieties, including paddy and broken rice, represent significantly smaller segments of the overall import mix.

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Rice Import Requirements in Nigeria

Before Shipment

1. Valid Form M registration via Trade Portal. 2. NAFDAC Import Permit and registration. 3. Phytosanitary Certificate from exporting country. 4. Mandatory Pre-shipment Inspection (PSI). 5. Compliance with CBN foreign exchange restrictions for rice imports.

Documentation Required

1. Final Commercial Invoice. 2. Bill of Lading. 3. Packing List. 4. Combined Certificate of Value and Origin (CCVO). 5. NAFDAC Release Note and Phytosanitary Certificate.

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Rice Imports and Free Trade Agreements in Nigeria

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African Continental Free Trade Area (AfCFTA)
ECOWAS Trade Liberalization Scheme (ETLS)
Global System of Trade Preferences (GSTP)
D-8 Preferential Trade Agreement
African Growth and Opportunity Act (AGOA)

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Tariff Tracker

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Import Requirements

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