Tag exportation of yams
Yam exportation! Here are some key points and statistics about the exportation of yams:
Top Yam Exporting Countries:
- Nigeria: Nigeria is the largest producer and exporter of yams, accounting for over 70% of global production and exports.
- Ghana: Ghana is the second-largest producer and exporter of yams, accounting for around 15% of global production and exports.
- Côte d'Ivoire: Côte d'Ivoire is also a significant producer and exporter of yams, accounting for around 5% of global production and exports.
Yam Export Statistics:
- In 2020, the global yam export market was valued at around $1.3 billion.
- Nigeria exported around 2.5 million metric tons of yams in 2020, with a value of around $800 million.
- Ghana exported around 1.2 million metric tons of yams in 2020, with a value of around $200 million.
- Côte d'Ivoire exported around 500,000 metric tons of yams in 2020, with a value of around $100 million.
Yam Export Destinations:
- Europe: The European Union is a significant market for yam exports, with countries like the Netherlands, Germany, and the UK being major importers.
- Asia: Countries like China, Japan, and South Korea are also significant importers of yams.
- North America: The United States and Canada are also important markets for yam exports.
Challenges in Yam Exportation:
- Post-harvest losses: Yams are highly perishable and require careful handling and storage to prevent spoilage. This can lead to significant post-harvest losses, which can impact export volumes and quality.
- Infrastructure: In some countries, inadequate infrastructure can make it difficult to transport yams to ports and export them.
- Market fluctuations: Fluctuations in global demand and prices can impact yam export volumes and revenue.
Opportunities in Yam Exportation:
- Growing demand: The demand for yams is growing globally, driven by increasing consumer interest in traditional and exotic foods.
- Diversification: There is an opportunity to diversify yam exports beyond traditional markets, such as the European Union, to new markets in Asia and North America.
- Value addition: There is an opportunity to add value to yam exports by processing them into various products, such as flour, starch, and animal feed.
Overall, the exportation of yams is an important sector for many countries in West Africa, and there are opportunities for growth and diversification in this market.