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Who buys Nigeria’s cocoa beans? Export destinations 2024

In 2024, Nigeria exported $2.2 billion of cocoa beans (362 thousand tonnes), 12.3% of the world total. Its main destinations were the Netherlands (36%), Malaysia (30%) and Belgium (7%). Nigeria was the world’s 3rd-largest exporter of cocoa beans.

Summary

Value
$2.2billion
Tonnes
362thousand tonnes
Share of world total
12.3%
World rank
3rd
Routes to the main destinations. Width: value; color: estimated transport mode.SeaAirLand

Destinations

The 20 main destinations in the latest year.

PartnerValue (USD millions)TonnesUSD per tonneShareMode
Netherlands re-exports780Tonnes: 143,866USD per tonne: $5,42335.9%Sea
Malaysia654Tonnes: 89,331USD per tonne: $7,31730.1%Sea
Belgium re-exports157Tonnes: 21,754USD per tonne: $7,2387.3%Sea
Singapore re-exports96.8Tonnes: 11,770USD per tonne: $8,2224.5%Sea
Germany86.9Tonnes: 11,050USD per tonne: $7,8634%Sea
Indonesia85.5Tonnes: 11,921USD per tonne: $7,1693.9%Sea
Canada67.3Tonnes: 14,023USD per tonne: $4,8003.1%Sea
Ghana43.9Tonnes: 9,276USD per tonne: $4,7282%Sea
Turkey40Tonnes: 5,807USD per tonne: $6,8851.8%Sea
Italy38.9Tonnes: 8,659USD per tonne: $4,4891.8%Sea
Spain28.3Tonnes: 11,595USD per tonne: $2,4391.3%Sea
United States22.2Tonnes: 3,359USD per tonne: $6,5961%Sea
Austria18.4Tonnes: 3,587USD per tonne: $5,1370.85%Sea
Bulgaria13.3Tonnes: 3,540USD per tonne: $3,7450.61%Sea
France9.8Tonnes: 3,447USD per tonne: $2,8550.45%Sea
United Arab Emirates6.2Tonnes: 805USD per tonne: $7,6860.29%Sea
Estonia6.2Tonnes: 2,517USD per tonne: $2,4530.28%Sea
Vietnam5.3Tonnes: 3,208USD per tonne: $1,6390.24%Sea
Japan3.1Tonnes: 221USD per tonne: $14,1080.14%Sea
India2.9Tonnes: 480USD per tonne: $6,1060.14%Sea

Trend

Who it sells to

The Netherlands has been its main destination since 2009

Value in USD millions. The five largest destinations in 2024.

  • Netherlands 780
  • Malaysia 654
  • Belgium 157
  • Singapore 96.8
  • Germany 86.9

Source: CEPII BACI

Show the numbers
Partner19952024
Netherlands18.9780
Malaysia0654
Belgium23.1157
Singapore096.8
Germany29.786.9

Sources and methodology

Other products of this country

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), which reconciles what exporters and importers report: countries that stopped reporting (Russia since 2022) appear with their partners’ data. FOB values in current US dollars; tonnes when BACI reports them. The price per tonne is the value of the rows with a weight divided by that weight. The transport mode is our own estimate based on value per kilo and geography. Data up to 2024.

Hong Kong, Singapore, the Netherlands and Belgium re-export goods from other countries: their figures include transit.

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