2023
Exports
$77.7MWorld Rnk 13 / 107
Flag Rnk 25 / 1096
falsefalse United States
2023
PRODUCT COMPLEXITY IN Cocoa Paste
-0.83Rnk 788 / 1025
2023
Imports
$638kWorld Rnk 80 / 167
Flag Rnk 870 / 1184
2023
ECONOMIC COMPLEXITY of Nigeria
-1.75Rnk 129 / 132

About

Exports In 2023, Nigeria exported $77.7M in Cocoa Paste, making it the 13th largest exporter of Cocoa Paste in the world. At the same year, Cocoa Paste was the 25th most exported product in Nigeria. The main destination of Cocoa Paste exports from Nigeria are: United States ($37M), Germany ($18.3M), Netherlands ($14.3M), Spain ($3.38M), and Ukraine ($1.21M).

Imports In 2023, Nigeria imported $638k in Cocoa Paste, becoming the 80th largest importer of Cocoa Paste in the world. At the same year, Cocoa Paste was the 870th most imported product in Nigeria. Nigeria imports Cocoa Paste primarily from: United Arab Emirates ($638k).

The fastest growing import markets in Cocoa Paste for Nigeria between 2022 and 2023 were United Arab Emirates ($557k).

Historical Data

Trade Balance

Color
EXPORTS (2023)$77.7M
IMPORTS (2023)$638k
NET TRADE (2023)$77M

In 2023, Nigeria exported $77.7M in Cocoa Paste. The main destinations of Nigeria exports on Cocoa Paste were United States ($37M), Germany ($18.3M), Netherlands ($14.3M), Spain ($3.38M), and Ukraine ($1.21M).

In 2023, Nigeria imported $638k in Cocoa Paste, mainly from United Arab Emirates ($638k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Nigeria's main exporting competitors in Cocoa Paste were:
In 2023, Nigeria's main importing competitors in Cocoa Paste were:

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Trade Value of Cocoa Paste by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $4.5M
N/AN/AN/A

Cocoa Paste’s highest export potential is United States. With an export gap of $4.5M.   Cocoa Paste’s highest import potential is N/A with an import gap of N/A.

See methodology.

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