2023
Exports
$57.2kWorld Rnk 90 / 134
Flag Rnk 1128 / 1208
2023
PRODUCT COMPLEXITY IN Cocoa Beans
-2.94Rnk 1025 / 1025
2023
Imports
$2.25MWorld Rnk 41 / 159
Flag Rnk 987 / 1207
2023
ECONOMIC COMPLEXITY of Australia
-0.28Rnk 75 / 132

About

Exports In 2023, Australia exported $57.2k in Cocoa Beans, making it the 90th largest exporter of Cocoa Beans in the world. At the same year, Cocoa Beans was the 1128th most exported product in Australia. The main destination of Cocoa Beans exports from Australia are: New Zealand ($24.1k), Japan ($20.3k), United States ($4.63k), France ($2.25k), and United Kingdom ($1.91k).

The fastest growing export markets for Cocoa Beans of Australia between 2022 and 2023 were United States ($4.63k), France ($1.96k), and United Kingdom ($1.91k).

Imports In 2023, Australia imported $2.25M in Cocoa Beans, becoming the 41st largest importer of Cocoa Beans in the world. At the same year, Cocoa Beans was the 987th most imported product in Australia. Australia imports Cocoa Beans primarily from: Peru ($692k), Ghana ($411k), Papua New Guinea ($338k), Dominican Republic ($272k), and Ecuador ($209k).

The fastest growing import markets in Cocoa Beans for Australia between 2022 and 2023 were Dominican Republic ($136k), Papua New Guinea ($101k), and United States ($32.9k).

Latest Trends

Dec 2024

Subnational Monthly Trade

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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 Beans. Countries are shown based on data availability.

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

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Historical Data

Trade Balance

Color
EXPORTS (2023)$57.2k
IMPORTS (2023)$2.25M
NET TRADE (2023)-$2.2M

In 2023, Australia exported $57.2k in Cocoa Beans. The main destinations of Australia exports on Cocoa Beans were New Zealand ($24.1k), Japan ($20.3k), United States ($4.63k), France ($2.25k), and United Kingdom ($1.91k).

In 2023, Australia imported $2.25M in Cocoa Beans, mainly from Peru ($692k), Ghana ($411k), Papua New Guinea ($338k), Dominican Republic ($272k), and Ecuador ($209k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Cocoa Beans EXPORT MARKETS FOR Australia WERE (2022 - 2023):
United States$4.63k (1%)
France$1.96k (686%)
United Kingdom$1.91k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cocoa Beans BY Australia WERE (2022 - 2023):
New Zealand-$42.3k (-63.7%)
Japan-$38.3k (-65.3%)
China-$12.1k (-91.4%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Australia's main exporting competitors in Cocoa Beans were:
In 2023, Australia's main importing competitors in Cocoa Beans were:

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Trade Value of Cocoa Beans by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALJapan+ $44.7k
TOP IMPORT POTENTIALGhana+ $395k

Cocoa Beans’s highest export potential is Japan. With an export gap of $44.7k.   Cocoa Beans’s highest import potential is Ghana with an import gap of $395k.

See methodology.

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