Sign In
Pricing

2022
Exports $737kWorld Rnk 56 / 147
Flag Rnk 213 / 1077
2022
Destination $159k Niger
2021 - 2022
FASTEST GROWING MARKET $159kNiger
2022
PRODUCT COMPLEXITY IN Cocoa Powder-0.69Rnk 755 / 1025
2022
Imports $98.9kWorld Rnk 154 / 215
Flag Rnk 1030 / 1182
2022
Origin $47.7k India
2021 - 2022
FASTEST GROWING ORIGIN $47.7kIndia
2022
ECONOMIC COMPLEXITY of Nigeria-1.67Rnk 127 / 133

About

Exports In 2022, Nigeria exported $737k in Cocoa Powder, making it the 56th largest exporter of Cocoa Powder in the world. At the same year, Cocoa Powder was the 213th most exported product in Nigeria. The main destination of Cocoa Powder exports from Nigeria are: Niger ($220k), Netherlands ($197k), Egypt ($170k), South Africa ($53.6k), and Mexico ($47.3k).

The fastest growing export markets for Cocoa Powder of Nigeria between 2021 and 2022 were Niger ($159k), Netherlands ($155k), and South Africa ($53.5k).

Imports In 2022, Nigeria imported $98.9k in Cocoa Powder, becoming the 154th largest importer of Cocoa Powder in the world. At the same year, Cocoa Powder was the 1030th most imported product in Nigeria. Nigeria imports Cocoa Powder primarily from: India ($47.9k), France ($34.6k), Turkey ($7.96k), Lebanon ($4.84k), and Belgium ($1.77k).

The fastest growing import markets in Cocoa Powder for Nigeria between 2021 and 2022 were India ($47.7k), France ($34.6k), and Turkey ($6.78k).

Latest Trends

Jul 2024

Subnational Monthly Trade

View
Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Cocoa Powder. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

Explore Latest Trends

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2022)$737k
IMPORTS (2022)$98.9k
NET TRADE (2022)$638k

In 2022, Nigeria exported $737k in Cocoa Powder. The main destinations of Nigeria exports on Cocoa Powder were Niger ($220k), Netherlands ($197k), Egypt ($170k), South Africa ($53.6k), and Mexico ($47.3k).

In 2022, Nigeria imported $98.9k in Cocoa Powder, mainly from India ($47.9k), France ($34.6k), Turkey ($7.96k), Lebanon ($4.84k), and Belgium ($1.77k).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cocoa Powder EXPORT MARKETS FOR Nigeria WERE (2021 - 2022):
Niger$159k (263%)
Netherlands$155k (371%)
South Africa$53.5k (39k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cocoa Powder BY Nigeria WERE (2021 - 2022):
Germany-$70.6k (-100%)
Egypt-$14.2k (-7.73%)
Serbia-$9.51k (-99.9%)
Explore Visualizations

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Nigeria's main exporting competitors in Cocoa Powder were:
Netherlands $846M
Malaysia $419M
Germany $325M
In 2022, Nigeria's main importing competitors in Cocoa Powder were:
United States $363M
Netherlands $168M
China $151M

Explore Visualizations

Trade Value of Cocoa Powder by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALNetherlands+ $135k
TOP IMPORT POTENTIALFrance+ $28k

Cocoa Powder’s highest export potential is Netherlands. With an export gap of $135k.   Cocoa Powder’s highest import potential is France with an import gap of $28k.

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