Economics

Top Peanut (Groundnut) Producing Countries

China dominates the globe in terms of cultivation and production of peanuts, almost doubling second place India.

Peanuts play a significant role in the growth and development of the body. Peanuts, or commonly known as legumes, are packed with several health benefits. The nuts contain monounsaturated fats and other nutrients that are healthy for the functioning of the heart. Peanuts are also a rich source of antioxidants such as oleic acid responsible for the lowering of deaths from coronary heart diseases. Resveratrol found in nuts improves the blood flow in the brain and reduces the risk of stroke. Peanut cultivation began in South America dating back to 7500 years ago. In the 1st century, the plant reached Mexico where it further spread to North America, China, and Africa. Peanut is currently a common crop planted around the world. Some of the top groundnut producing countries includes;

China

China is the leading world producer of peanuts. The production of peanut in the country contributes significantly to the economy. In China, groundnuts are mainly grown in seven regions according to the ecological zoning. 70% of the nuts are produced in the provinces of Jiangsu, Shandong, Guangdong, and Henan. Household Responsibility of Cultivation System in China has led to an increased production of peanuts due to the incentive of semi-private ownership. The market economy for peanuts has also contributed to the increase in the yield per ha. China managed to produce 13,336,860 metric tons of groundnuts according to FAO. The country accounts for 8% of the world peanut export.

India

India is the second largest nut producer in the world. The nuts are produced in different variety including Spanish, bold, and red natal. Groundnuts are primary sources of oilseed crop in the country and bridge the vegetable deficit in the country. The crop is planted in two cycles and harvested in March and October thus making the nuts available throughout the year. In India, the nuts are grown in Gujarat, Tamil Nadu, Orissa, Karnataka, and Maharashtra. India produced 7, 156, 448 metric tons of nuts and contributed 37% of the total world export. The peanut major export destination for India includes Indonesia, Pakistan, and Malaysia.

Nigeria

Nigeria is the largest groundnut producer in Africa accounting for 30% of the total Africa’s nut production. The nuts are mainly grown in the dry areas of Nigeria including Kano, Kwara, Sokoto, Zamfara, and Kaduna. Nuts are used in Nigeria to produce cooking oil and a source of protein for both human and animals. Nigeria produced 2,755,649 metric tons of peanuts according to the FAO report. Groundnuts account for 70% of the total export earnings for the country. Nigeria mainly exports its nuts to Indonesia and European Union.

Other Peanut Producers

37% of world nut production comes from China, 25% come from Africa, 21% originate from the America, and 6% come from the Oceania. The other primary nut producers include the US, Sudan, Indonesia, Myanmar, Senegal, Argentina, and Vietnam. The major exporters include India, Argentina, US, China, and Malawi while the major importers include Netherlands, European Union, Indonesia, Mexico, Germany, and Russia. Groundnuts are mainly cultivated in areas with sandy loam soil especially in arid and semi-arid areas. Apart for human consumption, the nuts are also exported as animal feeds.

Top Peanut (Groundnut) Producing Countries

RankCountryAnnual Peanut Harvest in Metric Tons
1China13,336,860
2India7,156,448
3Nigeria2,755,649
4United States1,837,519
5Sudan1,399,500
6Indonesia1,274,271
7Myanmar841,925
8Senegal694,147
9Argentina463,227
10Vietnam414,968

More in Economics