Sign In
Pricing

2022
Exports $23.7MWorld Rnk 23 / 105
Flag Rnk 49 / 1077
2022
Destination $4.41M Germany
2021 - 2022
FASTEST GROWING MARKET $4.41MGermany
2022
PRODUCT COMPLEXITY IN Cocoa Paste-0.8Rnk 779 / 1025
2022
Imports $80.4kWorld Rnk 101 / 169
Flag Rnk 1042 / 1182
2022
Origin $79.3k United Arab Emirates
2021 - 2022
FASTEST GROWING ORIGIN $79.3kUnited Arab Emirates
2022
ECONOMIC COMPLEXITY of Nigeria-1.67Rnk 127 / 133

About

Exports In 2022, Nigeria exported $23.7M in Cocoa Paste, making it the 23rd largest exporter of Cocoa Paste in the world. At the same year, Cocoa Paste was the 49th most exported product in Nigeria. The main destination of Cocoa Paste exports from Nigeria are: Germany ($5.62M), Spain ($5.32M), United States ($4.07M), Netherlands ($3.84M), and United Kingdom ($1.72M).

The fastest growing export markets for Cocoa Paste of Nigeria between 2021 and 2022 were Germany ($4.41M), United States ($4.07M), and United Kingdom ($1.72M).

Imports In 2022, Nigeria imported $80.4k in Cocoa Paste, becoming the 101st largest importer of Cocoa Paste in the world. At the same year, Cocoa Paste was the 1042nd most imported product in Nigeria. Nigeria imports Cocoa Paste primarily from: United Arab Emirates ($80.4k).

The fastest growing import markets in Cocoa Paste for Nigeria between 2021 and 2022 were United Arab Emirates ($79.3k).

COMPANIES In 2023, leading companies such as Barry Callebaut (2) were at the forefront of shipping Cocoa Paste from Nigeria to the United States.

Historical Data

Trade Balance

Color
EXPORTS (2022)$23.7M
IMPORTS (2022)$80.4k
NET TRADE (2022)$23.6M

In 2022, Nigeria exported $23.7M in Cocoa Paste. The main destinations of Nigeria exports on Cocoa Paste were Germany ($5.62M), Spain ($5.32M), United States ($4.07M), Netherlands ($3.84M), and United Kingdom ($1.72M).

In 2022, Nigeria imported $80.4k in Cocoa Paste, mainly from United Arab Emirates ($80.4k).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cocoa Paste EXPORT MARKETS FOR Nigeria WERE (2021 - 2022):
Germany$4.41M (364%)
United States$4.07M (1%)
United Kingdom$1.72M (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cocoa Paste BY Nigeria WERE (2021 - 2022):
Netherlands-$13.7M (-78.1%)
Russia-$1.4M (-100%)
Vietnam-$874k (-100%)
Explore Visualizations

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Nigeria's main exporting competitors in Cocoa Paste were:
Cote d'Ivoire $1.08B
Netherlands $685M
Ghana $450M
In 2022, Nigeria's main importing competitors in Cocoa Paste were:
United States $489M
Netherlands $443M
Germany $329M

Explore Visualizations

Trade Value of Cocoa Paste by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $4.5M
TOP IMPORT POTENTIALCote d'Ivoire+ $1.73k

Cocoa Paste’s highest export potential is United States. With an export gap of $4.5M.   Cocoa Paste’s highest import potential is Cote d'Ivoire with an import gap of $1.73k.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms