Cocoa paste exports from Nigeria: data, top buyers and prices
In 2024, Nigeria exported cocoa paste worth $68.2 million (17.6 thousand tonnes). Its share of world exports was 1%. Value fell 12% from 2023. Over 2017-2024 the trade grew strongly, by about 13% a year on average.
Public statistics, latest complete year (2024). Values in US dollars. Page updated .
Exports by year, 2017-2024
Hover or tap a year for detail.
Year by year
| Year | Value | Quantity |
|---|---|---|
| 2024 | $68.2M | 17.6K t |
| 2023 | $77.5M | 22.0K t |
| 2022 | $24.1M | 8.8K t |
| 2021 | $27.5M | 10.9K t |
| 2020 | $22.0M | 9.0K t |
| 2019 | $21.1M | 12.9K t |
| 2018 | $20.3M | 12.2K t |
| 2017 | $28.3M | 13.1K t |
Where Nigeria exports cocoa paste to
The largest buyer markets were Germany (42%), Netherlands (23%), Spain (10%). Among the main buyer markets, Indonesia grew fastest, more than tenfold on the year before.
| Destination | Value | Share |
|---|---|---|
| Germany | $28.6M | 42% |
| Netherlands | $15.7M | 23% |
| Spain | $7.0M | 10% |
| Indonesia | $6.1M | 8.9% |
| United States | $4.2M | 6.1% |
| Algeria | $1.7M | 2.5% |
| Uruguay | $1.6M | 2.4% |
| Estonia | $1.5M | 2.2% |
| Bulgaria | $964K | 1.4% |
| Poland | $570K | 0.8% |
Product types under HS 1803
| 1803.20 | Defatted cocoa paste | 63% |
| 1803.10 | Cocoa: paste, not defatted | 37% |
Codes and full descriptions: HS heading 1803.
Average export price per kg
The average declared value was about $3.87 per kg, 39% below the world average of $6.38, which often means bulk or lower-grade product.
Declared value divided by weight, all 2024 shipments. Prices per shipment and per company are in EximDataX.
Who is behind these numbers in Nigeria?
The shipment records behind Nigeria cocoa paste exports (HS 1803): 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.
Direct customs feed: shipment-level records from the official customs source.
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 1803: Cocoa; paste; whether or not defatted.
Common questions
What is the value of cocoa paste exported by Nigeria?
Nigeria exported cocoa paste worth $68.2 million in 2024, the latest year with complete public data, about 17.6 thousand tonnes. That ranks it 21st of 103 countries worldwide, with 1% of world exports. The value was down 12% on 2023.
Which countries buy cocoa paste from Nigeria?
Germany was the largest buyer with 42% of the value ($28.6 million), followed by the Netherlands (23%) and Spain (10%). The top three together account for 75%, out of 17 buyer countries in total. Uruguay grew fastest among the top ten, up 749% on the year.
What is the average export price of cocoa paste per kg?
The average declared export value was about $3.87 per kg in 2024, 39% below the world average of $6.38 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 paste from Nigeria changed since 2017?
Exports went from $28.3 million in 2017 to $68.2 million in 2024, an increase of 141%. The peak was 2023 at $77.5 million. Over 8 years the average was $36.1 million a year.
What is the HS code for cocoa paste?
The HS code for cocoa paste is heading 1803. In Nigeria the largest six-digit codes were 1803.20 (63% of the value) and 1803.10 (37%).
How can I find the companies behind this trade?
EximDataX has a direct customs feed for Nigeria, so the importers and exporters behind these totals are visible by name, shipment by shipment. Ask for a live look at your product.
Same product, other countries
Cocoa paste product types in Nigeria
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