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2022
Exports $17.7MWorld Rnk 19 / 147
Flag Rnk 1044 / 1216
2022
Destination $619k Thailand
2021 - 2022
FASTEST GROWING MARKET $619kThailand
2022
PRODUCT COMPLEXITY IN Cocoa Powder-0.69Rnk 755 / 1025
2022
Imports $151MWorld Rnk 3 / 215
Flag Rnk 565 / 1212
2022
Origin $11.1M Malaysia
2021 - 2022
FASTEST GROWING ORIGIN $11.1MMalaysia
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2022, China exported $17.7M in Cocoa Powder, making it the 19th largest exporter of Cocoa Powder in the world. At the same year, Cocoa Powder was the 1044th most exported product in China. The main destination of Cocoa Powder exports from China are: Thailand ($1.73M), Turkey ($1.51M), Russia ($1.31M), Chile ($1.25M), and Pakistan ($777k).

The fastest growing export markets for Cocoa Powder of China between 2021 and 2022 were Thailand ($619k), Russia ($384k), and Philippines ($368k).

Imports In 2022, China imported $151M in Cocoa Powder, becoming the 3rd largest importer of Cocoa Powder in the world. At the same year, Cocoa Powder was the 565th most imported product in China. China imports Cocoa Powder primarily from: Malaysia ($64.1M), Indonesia ($40.1M), Singapore ($24.4M), Netherlands ($6.61M), and Ghana ($6.31M).

The fastest growing import markets in Cocoa Powder for China between 2021 and 2022 were Malaysia ($11.1M), Indonesia ($4.45M), and Singapore ($1.03M).

COMPANIES In 2023, leading companies such as Del Monte Foods (2) and Walgreens (1) were at the forefront of shipping Cocoa Powder from China to the United States.

Latest Trends

July 2024

About

Overview In July 2024 China's Cocoa Powder exports accounted up to $2.64M and imports accounted up to $22.3M, resulting in a negative trade balance of $19.6M. Between July 2023 and July 2024 the exports of China's   Cocoa Powder have increased by $1.47M (125%) from $1.17M to $2.64M, while imports increased by $9.96M (81%) from $12.3M to $22.3M.

Destinations In July 2024, Cocoa Powder were exported mostly to Algeria ($345k), Argentina ($342k), Philippines ($293k), Morocco ($222k), and Turkey ($199k), and were imported mostly from Singapore ($8.23M), Malaysia ($5.92M), Indonesia ($4.98M), Cambodia ($830k), and France ($779k).

Growth In July 2024, the increase in Cocoa Powder's year-by-year exports was explained primarily by an increase in exports to Uzbekistan ($90.1k or 148%), Kazakhstan ($54.9k or 211%), and Spain ($24.6k or 2.46M%). In July 2024, the increase in Cocoa Powder's year-by-year imports was explained primarily by an increase in imports from France ($198k or 164%), Ghana ($177k or 27.9%), and Spain ($50.5k or 62.1%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$1.47M(125%)
IMPORT GROWTH (July 2023 - July 2024)$9.96M(81%)
MAIN EXPORTER (July 2024)Zhejiang Province$1.52M
MAIN DESTINATION (July 2024)Algeria$345k

This section shows Cocoa Powder's exports and imports data at subnational level for China. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Cocoa Powder over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$17.7M
IMPORTS (2022)$151M
NET TRADE (2022)-$134M

In 2022, China exported $17.7M in Cocoa Powder. The main destinations of China exports on Cocoa Powder were Thailand ($1.73M), Turkey ($1.51M), Russia ($1.31M), Chile ($1.25M), and Pakistan ($777k).

In 2022, China imported $151M in Cocoa Powder, mainly from Malaysia ($64.1M), Indonesia ($40.1M), Singapore ($24.4M), Netherlands ($6.61M), and Ghana ($6.31M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cocoa Powder EXPORT MARKETS FOR China WERE (2021 - 2022):
Thailand$619k (55.7%)
Russia$384k (41.5%)
Philippines$368k (97.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cocoa Powder BY China WERE (2021 - 2022):
Turkey-$496k (-24.7%)
Indonesia-$445k (-81.8%)
South Africa-$407k (-56%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Cocoa Powder by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $1.41M
TOP IMPORT POTENTIALIndonesia+ $6.44M

Cocoa Powder’s highest export potential is India. With an export gap of $1.41M.   Cocoa Powder’s highest import potential is Indonesia with an import gap of $6.44M.

See methodology.

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