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