Nigeria cocoa exports to US reach $142 million
Trade value surged more than sixfold in 2025, despite ongoing domestic production challenges.
Nigeria's cocoa bean exports to the United States dramatically increased to $142 million in 2025, up from $21.7 million in 2024. This sixfold rise signals growing trade opportunities, though the domestic industry faces production constraints. The US Mission in Nigeria announced these figures on Tuesday, citing increased demand for Nigerian cocoa.
The export growth occurs as Nigeria aims to boost non-oil exports and revitalize its agricultural sector. Challenges include ageing plantations, low farm productivity, limited financing, and inadequate processing. Many cocoa farmers are around 60 years old, with trees aged 20 to 40 years, further hindering production. High input costs and poor-quality seedlings also discourage youth involvement.
Despite the higher export values, farmers may not see improved earnings due to falling global prices and declining production. Global cocoa prices dropped from $10,950 per tonne to approximately $5,400 by November 2025. Nigeria's production was also projected to fall by 11 per cent. Stakeholders suggest strengthening cooperatives, improving input access, and investing in processing facilities to enhance farmer returns and bean quality.
Why it mattersNigerian farmers face challenges in benefiting from increased export values due to falling global prices and production issues.