Overview: This page contains the latest trade data of Cocoa Beans in Nigeria.
Exports: In 2018, Nigeria exported $621M in Cocoa Beans, making it the 4th largest exporter of Cocoa Beans in the world. At the same year, Cocoa Beans was the 4th most exported product in Nigeria. The main destination of Cocoa Beans exports from Nigeria are: Netherlands ($262M), Germany ($111M), Indonesia ($69.1M), Belgium-Luxembourg ($55.8M), and Malaysia ($40.4M).
The fastest growing export markets for Cocoa Beans of Nigeria between 2017 and 2018 were Indonesia ($39.7M), Belgium-Luxembourg ($8.84M), and Vietnam ($5.76M).
Imports: In 2018, Nigeria imported $86.6k in Cocoa Beans, becoming the 78th largest importer of Cocoa Beans in the world. At the same year, Cocoa Beans was the 1056th most imported product in Nigeria. Nigeria imports Cocoa Beans primarily from: China ($35k), Germany ($31.5k), Portugal ($17.3k), and United Arab Emirates ($2.83k).
The fastest growing import markets in Cocoa Beans for Nigeria between 2017 and 2018 were Germany ($31.5k), Portugal ($17.3k), and China ($3.74k).
Tariffs: In 2016, the average tariff for Nigeria in Cocoa Beans was 4.73%. The countries with the highest import tariffs for Cocoa Beans were Angola (5%), Burundi (5%), Botswana (5%), Central African Republic (5%), and Cameroon (5%).