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Top Peanuts Exports & Imports by Country Plus Average Prices

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Peanuts in shell
Peanuts in shell
In 2024, exports of peanuts (also called groundnuts) were worth a total US$4.41 billion.

Exports of peanuts grew in value by an overall average 12% since back in 2020 when global export sales for peanuts totaled $3.94 billion.

Year over year, overall export revenues for the popular snacking nut declined by -1.5% compared to $4.48 billion during 2023.

Peanuts are edible seeds of a legume crop plant unique because peanut pods grow under the soil rather than above ground.

Whole peanuts can be dry roasted, boiled, baked or eaten raw as a snack food. Peanuts are also ingredients to make peanut oil, peanut butter and peanut flour.

Little-known industrial uses for peanuts encompass paint, varnish, lubricating oil, leather dressings, furniture polish, insecticides, soap and cosmetics. Peanut shells go into making plastics, wallboard, abrasives, rayon cellulose used for paper, mucilage and fuel.

By value, the 5 biggest exporters of peanuts in 2024 were India, United States of America, Brazil, Sudan then the Netherlands. Combined, that leading cohort sold over half (55.7%) of exported peanuts sold worldwide during 2024.

Applying a continental perspective, countries in Latin America excluding Mexico but including the Caribbean supplied the highest dollar worth of exported peanuts during 2024 with shipments valued at $1.4 billion or 31.7% of the global total. In second place were exporters in Asia (26.7%) trailed by those in Africa (18.7%), North America (13.9%), Europe (9%), then Oceania (0.04%) including Australia, Fiji and New Zealand.

Shifting our focus to imports, the 5 leading importers of peanuts in 2024 were mainland China, Netherlands, Indonesia, Germany and the United Kingdom. Combined, that quintet of top importer countries bought almost half (47.7%) of globally imported peanuts as measured by dollar value.

The above percentages suggest the total 110 exporters of peanuts (55.7% for the corresponding top 5 exporters) is a more concentrated cohort compared to 157 importing countries, islands and territories. The top 5 importers accounted for a smaller portion of the corresponding world total at 47.7% as mentioned above.

As for global imports of peanuts by continent, 45.4% of peanuts purchased on international markets was delivered to customers in Europe ahead of importers in Asia (39.3%) then North America (7.5%), Africa (3.6%), Latin America (3.2%) excluding Mexico but including the Caribbean, then Oceania (1%) led by Australia and New Zealand.

Other Key Facts About Exported and Imported Peanuts

We calculated the average unit price paid by importers of peanuts still in-shell to be $1,223 per ton in 2024. That dollar amount reflects a -5.5% drop from the average tonnage cost of $1,294 during 2023.

Imports of shelled peanuts demand a higher unit price. For shelled peanuts, the average unit price paid by importers was $1,365 per ton in 2024 even after considering economies of scale from higher volumes. Down by -3.5% from $1,415 per ton for 2023.

The overall greater average price for shelled peanuts results partly from labor costs and other processing expenses.

For research purposes, the 6-digit Harmonized Tariff System code prefix is 120241 for peanuts in shell, and 120242 for shelled peanuts. Note that peanuts are classified under oil seeds and are sometimes called groundnuts.

Drilling down on those categories, 90.6% of peanuts exported worldwide by sales were for shelled peanuts. The remaining 9.4% was paid for peanuts in shell (compared to 9.2% for 2023).

Top Peanuts Exports by Country

Below are the top 20 countries that exported the highest dollar value worth of peanuts during 2024, regardless of whether the shipped peanuts were in-shell or shelled.

  1. India: US$851.2 million (19.3% of total exported peanuts)
  2. United States: $607.4 million (13.8%)
  3. Brazil: $360 million (8.2%)
  4. Sudan: $341.3 million (7.7%)
  5. Netherlands: $295.6 million (6.7%)
  6. Senegal: $295.5 million (6.7%)
  7. mainland China: $231.2 million (5.2%)
  8. Nicaragua: $114.6 million (2.6%)
  9. Egypt: $79 million (1.8%)
  10. Germany: $39.7 million (0.9%)
  11. Uzbekistan: $31.1 million (0.7%)
  12. Mozambique: $29.7 million (0.7%)
  13. Tanzania: $24.1 million (0.5%)
  14. Belgium: $17.1 million (0.4%)
  15. Madagascar: $15.3 million (0.3%)
  16. Israel: $14.6 million (0.3%)
  17. South Africa: $11.9 million (0.3%)
  18. Türkiye: $11.5 million (0.3%)
  19. Gambia: $11.32 million (0.3%)
  20. Bolivia: $11.28 million (0.3%)

By value, the listed 20 countries shipped 77% of globally exported peanuts in 2024.

Among the top exporters, the fastest-growing peanuts exporters since 2023 were: Gambia (up 441.1%), Senegal (up 169.9%), Uzbekistan (up 119.7%) and Netherlands (up 28.1%).

Those countries that posted declines in their exported peanuts sales were led by: Mozambique (down -57% from 2023), Tanzania (down -41.2%), Israel (down -26.6%), Bolivia (down -22.7%) and Sudan (down -21.9%).

Top Peanuts Imports by Country

International spending on imported peanuts increased by 12.6% over the 5-year period starting from $4.14 billion in 2020 and increased by 2.7% compared to $4.54 billion for 2023.

Below are the 20 best buying markets as measured by the highest dollar value worth of peanuts imported during 2024, for any peanuts regardless of whether shelled or not.

  1. mainland China: US$712.9 million (15.3% of total imported peanuts)
  2. Netherlands: $625.6 million (13.4%)
  3. Indonesia: $418.9 million (9%)
  4. Germany: $263.3 million (5.7%)
  5. United Kingdom: $199.9 million (4.3%)
  6. Russia: $190.3 million (4.1%)
  7. Vietnam: $181.6 million (3.9%)
  8. Canada: $178.8 million (3.8%)
  9. Mexico: $168.6 million (3.6%)
  10. Poland: $154.5 million (3.3%)
  11. Spain: $113.7 million (2.4%)
  12. Italy: $97.8 million (2.1%)
  13. France: $97 million (2.1%)
  14. Algeria: $93.1 million (2%)
  15. Philippines: $62 million (1.3%)
  16. United Arab Emirates: $51 million (1.1%)
  17. Thailand: $48.7 million (1%)
  18. Ukraine: $45.5 million (1%)
  19. Türkiye: $44.7 million (1%)
  20. Malaysia: $41.3 million (0.9%)

By value, the listed 20 countries bought 81.3% of globally imported peanuts in 2024—same percentage as in 2023.

Among the top importers, the fastest-growing peanuts importers since 2023 were: United Arab Emirates (up 49.7%), France (up 26%), United Kingdom (up 23.1%) and Poland (up 21.5%).

Those countries that posted declines in their imported peanuts purchases were led by: Algeria (down -29.9% from 2023), Thailand (down -19%), Vietnam (down -19%), Türkiye (down -16.4%) and Malaysia (down -12.4%).

Imported In-Shell Peanuts: Lowest and Highest Unit Prices

In 2024, the world’s average unit price for imports of in-shell peanuts was US$1,223 per ton down by an average -5.5% from $1,294 for 2023.

The average tonnage charge for the number one importer of in-shell peanuts as measured by shipment weight, mainland China, was significantly lower at $760.

Ranked in ascending order, listed below are the countries paying the lowest average unit prices for imported in-shell peanuts in 2024.

  1. Benin: US$12 per ton (up 9.1% from 2023)
  2. Burkina Faso: $15 per ton (up 15.4%)
  3. Mali: $61 per ton (down -10.3%)
  4. Ivory Coast: $68 per ton (up 112.5%)
  5. Mauritania: $114 per ton (down -18.6%)
  6. Senegal: $143 per ton (2023 data unavailable)
  7. Angola: $159 per ton (down -92.1%)
  8. Guinea: $164 per ton (down -39.3%)
  9. Cambodia: $200 per ton (down -60.6%)
  10. Liberia: $204 per ton (2023 data unavailable)
  11. Timor-Leste: $231 per ton (down -51.5%)
  12. Burundi: $360 per ton (2023 data unavailable)
  13. Comoros: $373 per ton (2023 data unavailable)
  14. Laos: $442 per ton (up 33.5%)
  15. Kazakhstan: $481 per ton (down -45.6%)

The severest reductions in average unit price paid per ton for in-shell peanuts among the above low-cost importers belonged to Angola (down -92.1% from 2023), Cambodia (down -60.6%), Timor-Leste (down -51.5%), Kazakhstan (down -45.6%) and Guinea (down -39.3%).

The following countries paid the highest average unit prices for imported in-shell peanuts.

  1. Iceland: US$11,500 per ton (up 43.8% from 2023)
  2. Mozambique: $9,000 per ton (up 125%)
  3. Seychelles: $6,429 per ton (up 104.5%)
  4. Latvia: $4,857 per ton (up 82.1%)
  5. Guatemala: $4,000 per ton (2023 data unavailable)
  6. Gibraltar: $3,833 per ton (up 7.3%)
  7. Bahamas: $3,500 per ton (up 35.2%)
  8. Lesotho: $3,469 per ton (down -57.8%)
  9. Estonia: $3,436 per ton (up 0.1%)
  10. Aruba: $3,333 per ton (down -14.9%)
  11. Antigua/Barbuda: $3,000 per ton (2023 data unavailable)
  12. Norway: $2,906 per ton (down -28.2%)
  13. Slovenia: $2,848 per ton (up 12%)
  14. Austria: $2,687 per ton (down -5.2%)
  15. New Zealand: $2,565 per ton (down -7.2%)

The strongest inflation in terms of higher average unit prices paid in 2024 compared to 2023 were paid by importers in Mozambique (up 125%), Seychelles (up 104.5%), Latvia (up 82.1%) and Iceland (up 43.8%).

Imported Shelled Peanuts: Lowest and Highest Unit Prices

In 2024, the world’s average unit price for imports of shelled peanuts was an estimated US$1,365 per ton down by -3.5% from $1,415 per ton one year earlier.

The average tonnage charge for the number one importer of shelled peanuts, mainland China, was lesser at $1,000.

Ranked in ascending order, listed below are the countries paying the lowest average unit prices for imported peanuts in 2024 that that have already had their shells removed.

  1. Benin: US$21 per ton (2023 data unavailable from 2023)
  2. Burkina Faso: $33 per ton (down -80.9%)
  3. Mali: $42 per ton (down -51.2%)
  4. Togo: $76 per ton (up 40.7%)
  5. Senegal: $81 per ton (2023 data unavailable)
  6. Guinea: $95 per ton (down -15.2%)
  7. Mauritania: $98 per ton (down -19.7%)
  8. Sierra Leone: $111 per ton (2023 data unavailable)
  9. Tanzania: $149 per ton (down -61.3%)
  10. Angola: $189 per ton (down -94.1%)
  11. Ivory Coast: $196 per ton (up 1%)
  12. Liberia: $292 per ton (down -41.6%)
  13. Ghana: $309 per ton (up 965.5%)
  14. Comoros: $310 per ton (down -40.4%)
  15. Zambia: $321 per ton (down -57.2%)

The strongest reductions in average unit price paid per ton for shelled peanuts from 2023 to 2024 were recorded by low-cost importers in Angola (down -94.1%), Burkina Faso (down -80.9%), Tanzania (down -61.3%), Zambia (down -57.2%) then Mali (down -51.2%).

The following countries paid the highest average unit prices for imported peanuts with their shells removed.

  1. Mozambique: US$13,102 per ton (down -21.8% from 2023)
  2. Gibraltar: $5,000 per ton (2023 data unavailable)
  3. Bermuda: $4,500 per ton (up 36.9%)
  4. Cuba: $4,000 per ton (up 68.4%)
  5. Iceland: $3,824 per ton (up 13.7%)
  6. Andorra: $3,000 per ton (2023 data unavailable)
  7. Cook Islands: $3,000 per ton (2023 data unavailable)
  8. Greenland: $3,000 per ton (2023 data unavailable)
  9. Saint Kitts/Nevis: $3,000 per ton (2023 data unavailable)
  10. Marshall Islands: $3,000 per ton (down -25%)
  11. Panama: $2,714 per ton (down -23.4%)
  12. Namibia: $2,659 per ton (up 28.6%)
  13. Lesotho: $2,583 per ton (up 29.2%)
  14. Switzerland: $2,536 per ton (up 5.5%)
  15. Maldives: $2,333 per ton (down -20.2%)

Double-digit increases in terms of higher average unit prices in 2024 compared to 2023 were paid by importers of shelled peanuts in Cuba (up 68.4%), Bermuda (up 36.9%), Lesotho (up 29.2%), Namibia (up 28.6%) and Iceland (up 13.7%).

See also Top Almonds Exporters by Country, Top Chickpeas Exports & Imports by Country, Top Walnut Exporters by Country, Top Cardamoms Exports & Imports by Country Plus Average Prices and Top Chestnuts Exports & Imports by Country Plus Average Prices

Research Sources:
Alibaba, Peanut Showroom. Accessed on May 29, 2025

SNACKEX, Conference Presentation Future Peanut Sourcing for Europe. Accessed on May 29, 2025

Central Intelligence Agency, The World Factbook Field Listing: Exports – Commodities. Accessed on May 29, 2025

International Trade Centre, Trade Map. Accessed on May 29, 2025

Wikipedia, Peanut. Accessed on May 29, 2025