07/06/2026
π° NIGERIAβS $2.2B CASHEW OPPORTUNITY: Why weβre still exporting jobs + forex as raw nuts
Nigeria is sitting on a $2.2B opportunity... but 90% leaves as raw cashew.
Hereβs what the data says π
1. Nigeriaβs Position π³π¬Β Β
Weβre the 4th largest cashew producer globally.Β Β
325,000+ hectares across 19+ states: Kogi, Kwara, Oyo, Enugu, Benue, Anambra & more.
Why global buyers prefer Nigerian cashew:Β Β
High kernel output ratio + excellent moisture content + easy processing.
2. The Numbers Donβt Lie πΒ
- $398M exports in H1 2025 alone β 81% growth YoYΒ Β
- 384,814 metric tonnes shipped β $447M valueΒ Β
- Now a top 5 non-oil export commodity for Nigeria
Demand is rising. Fast.
3. Where the Money Is Going πΒ
North America: USA β snacks, confectionery, food processingΒ Β
Europe: Netherlands, Germany, Belgium, France β EU redistribution hubsΒ Β
Asia: India, Vietnam, China β bulk raw nuts for processing + re-export
4. The $500M Leak β οΈΒ
Raw cashew nuts = $1,400/tonneΒ Β
Processed kernels = $6,000+/tonneΒ Β
Cashew butter, milk, snacks, oil = 5-8x margins
We export raw. Other countries capture the value.
5. The Way Forward β
Β Β
The future belongs to nations that process, brand & package. Not just produce.
Nigeria must scale:Β Β
β Modern processing facilities in producing statesΒ Β
β Efficient port logistics + customs clearanceΒ Β
β Global quality standards + traceabilityΒ Β
β Export financing for processors
Why this matters for you:Β Β
Plant-based foods + healthy snacks are booming. Cashew is Nigeriaβs fastest path to forex + rural jobs.
How OLIVER-UGWI GSL Helps ExportersΒ
At OLIVER-UGWI GLOBAL SERVICES LTD, we make international trade seamless.
β Customs clearanceΒ Β
β Freight forwardingΒ Β
β Export documentation & complianceΒ Β
β Port logistics & supply chain solutions
Exporting cashew, cocoa, ginger, or processed foods?Β Β
Letβs move your goods without the headaches.
π Call/WhatsApp: +234 813 211 2909 | +234 818 267 8808Β Β
π§ [email protected] | [email protected]Β Β
π https://www.oliverugwi.comΒ Β
π 14 Erekusu Estate, Apapa-Oshodi Expressway, Ijesha, Lagos
.. Think Import/Export, Think Us!Β
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Sources: NEPC, NB