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Nigeria’s cocoa bean exports to the United States rose sharply to $142 million in 2025, representing a 554 per cent increase from the $21.7 million recorded in 2024, according to figures released by the United States Mission in Nigeria. The growth highlights the increasing value of cocoa in Nigeria’s non-oil export sector and its potential to generate foreign exchange for the country.
The United States Mission disclosed the figures in a social media post on Tuesday, October 20, noting that the increase reflected a significant expansion in the value of Nigerian cocoa shipments to the American market. The development has drawn attention to the opportunities available to Nigerian farmers, exporters and businesses involved in agricultural production and international trade.
Cocoa remains one of Nigeria’s important agricultural commodities, providing income for farmers and supporting businesses involved in harvesting, processing, transportation and export. The latest figures suggest that international demand could offer additional opportunities for the country to strengthen its agricultural trade and reduce its dependence on crude oil earnings.
However, increasing export revenue will require more than expanding the volume of raw cocoa beans shipped abroad. Greater investment in local processing could enable Nigerian businesses to produce cocoa butter, cocoa powder, chocolate and other higher-value products, allowing more of the commodity’s economic benefits to remain within the country.
Industry participants also face challenges involving access to finance, transportation costs, production efficiency and quality standards in international markets. Addressing these issues could help farmers and exporters compete more effectively while improving the consistency and value of Nigerian cocoa products.
The Federal Government has been encouraging greater industrialisation and value addition across the agricultural sector as part of broader efforts to diversify the economy. Expanding processing facilities and strengthening links between farmers and manufacturers could help Nigeria benefit further from growing global demand.
Although the reported increase represents a significant improvement in exports to the United States, maintaining that growth will depend on consistent production, reliable supply chains and continued access to international markets. The figures also cover exports to the US alone, meaning Nigeria’s overall cocoa export performance involves additional destinations across Europe, Asia and other reg
ions.
Source:
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