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Cocoa butter exports from Nigeria: data, top buyers and prices

In 2024, Nigeria exported cocoa butter worth $194.7 million (16.1 thousand tonnes). Its share of world exports was 1%. That is 252% more than in 2023. Over 2017-2024 the trade grew strongly, by about 16% a year on average.

Annual exports
$194.7M
+252% on prior year
Quantity
16.1K t
~$12.11 per kg
World rank
12th
of 132 countries
Buyer countries
19
1.5% of world exports
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Public statistics, latest complete year (2024). Values in US dollars. Page updated .

Exports by year, 2017-2024

$0K$48.7M$97.4M$146.0M$194.7M20172018201920202021202220232024

Hover or tap a year for detail.

Year by year

YearValueQuantity
2024$194.7M16.1K t
2023$55.3M11.7K t
2022$47.2M12.4K t
2021$39.7M9.2K t
2020$50.6M10.0K t
2019$66.4M12.3K t
2018$77.9M14.0K t
2017$67.4M13.2K t

Where Nigeria exports cocoa butter to

One buyer market dominates: Germany accounted for 81% of the value. Among the main buyer markets, France grew fastest, more than tenfold on the year before.

Share by partner country, 2024≥25%10-25%3-10%1-3%<1%
DestinationValueShare
Germany$157.2M81%
Netherlands$13.5M6.9%
France$13.3M6.8%
Singapore$2.7M1.4%
Estonia$2.5M1.3%
United Kingdom$1.5M0.8%
Turkey$983K0.5%
Switzerland$854K0.4%
Spain$632K0.3%
Gabon$581K0.3%

Average export price per kg

The average declared value was about $12.11 per kg, close to the world average of $10.99.

Nigeria
$12.11/kg
World average
$10.99/kg

Declared value divided by weight, all 2024 shipments. Prices per shipment and per company are in EximDataX.

Beyond the public totals

Who is behind these numbers in Nigeria?

The shipment records behind Nigeria cocoa butter exports (HS 1804): companies, dates, quantities and declared values.

Shipment records are in the platform

Tell us what you trade and we will show you the latest records on a live call.

Nigeria on EximDataX

Direct customs feed: shipment-level records from the official customs source.

About this data

Source: CEPII BACI (reconciled UN Comtrade data), HS 2017 edition, release 202601, Etalab Open Licence 2.0. Annual values in US dollars at the customs border; quantities in tonnes where reported. HS 1804: Cocoa; butter, fat and oil.

Straight answers

Common questions

What is the value of cocoa butter exported by Nigeria?

Nigeria exported cocoa butter worth $194.7 million in 2024, the latest year with complete public data, about 16.1 thousand tonnes. That ranks it 12th of 132 countries worldwide, with 1% of world exports. The value was up 252% on 2023.

Which countries buy cocoa butter from Nigeria?

Germany was the largest buyer with 81% of the value ($157.2 million), followed by the Netherlands (7%) and France (7%). The top three together account for 94%, out of 19 buyer countries in total. The United Kingdom grew fastest among the top ten, up 429% on the year.

What is the average export price of cocoa butter per kg?

The average declared export value was about $12.11 per kg in 2024, 10% above the world average of $10.99 per kg. Because it averages all grades and sizes, treat the figure as a market benchmark, not a price offer.

How have exports of cocoa butter from Nigeria changed since 2017?

Exports went from $67.4 million in 2017 to $194.7 million in 2024, an increase of 189%. 2024 was the highest year in the period. Over 8 years the average was $74.9 million a year.

What is the HS code for cocoa butter?

The HS code for cocoa butter is heading 1804. In Nigeria all of this trade was declared under the six-digit code 1804.00. It sits in HS chapter 18 (cocoa and cocoa preparations). The full list of codes and descriptions is on the HS 1804 page.

How can I find the companies behind this trade?

Shipment-level records for Nigeria reach EximDataX from a direct customs feed, with company names, dates and declared values. We can show them for your product on a short call.

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