Cocoa Beans in Nigeria | The Observatory of Economic Complexity

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Exports In 2022, Nigeria exported $489M in Cocoa Beans, making it the 4th largest exporter of Cocoa Beans in the world. At the same year, Cocoa Beans was the 7th most exported product in Nigeria. The main destination of Cocoa Beans exports from Nigeria are: Netherlands ($189M), Indonesia ($105M), Malaysia ($87.9M), Canada ($29.4M), and United States ($16.9M).

The fastest growing export markets for Cocoa Beans of Nigeria between 2021 and 2022 were Indonesia ($35.5M), Singapore ($10.5M), and Estonia ($1.28M).

Imports In 2022, Nigeria imported $47 in Cocoa Beans, becoming the 152nd largest importer of Cocoa Beans in the world. At the same year, Cocoa Beans was the 1179th most imported product in Nigeria. Nigeria imports Cocoa Beans primarily from: Turkey ($47).

The fastest growing import markets in Cocoa Beans for Nigeria between 2021 and 2022 were Turkey ($47).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Cocoa Beans from Nigeria to the United States.

Feb 2024

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For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Cocoa Beans. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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EXPORTS (2022)$489M

IMPORTS (2022)$47

NET TRADE (2022)$489M

In 2022, Nigeria exported $489M in Cocoa Beans. The main destinations of Nigeria exports on Cocoa Beans were Netherlands ($189M), Indonesia ($105M), Malaysia ($87.9M), Canada ($29.4M), and United States ($16.9M).

In 2022, Nigeria imported $47 in Cocoa Beans, mainly from Turkey ($47).