NEW: World Trade TARIFFS Simulator!
NEW: 2023 Data and Complexity Rankings
Sign In
Pricing

2023
Exports $5.49MWorld Rnk 38 / 134
Flag Rnk 820 / 1212
2023
Destination $3.34M Estonia
2022 - 2023
FASTEST GROWING MARKET $3.34MEstonia
2023
PRODUCT COMPLEXITY IN Cocoa Beans-2.94Rnk 1025 / 1025
2023
Imports $348MWorld Rnk 8 / 159
Flag Rnk 274 / 1211
2023
Origin $36.2M Cote d'Ivoire
2022 - 2023
FASTEST GROWING ORIGIN $36.2MCote d'Ivoire
2023
ECONOMIC COMPLEXITY of Canada0.9Rnk 30 / 132

About

Exports In 2023, Canada exported $5.49M in Cocoa Beans, making it the 38th largest exporter of Cocoa Beans in the world. At the same year, Cocoa Beans was the 820th most exported product in Canada. The main destination of Cocoa Beans exports from Canada are: Estonia ($3.75M), United States ($1.68M), Germany ($60.5k), France ($2.36k), and United Arab Emirates ($660).

The fastest growing export markets for Cocoa Beans of Canada between 2022 and 2023 were Estonia ($3.34M), Germany ($60.5k), and France ($1.93k).

Imports In 2023, Canada imported $348M in Cocoa Beans, becoming the 8th largest importer of Cocoa Beans in the world. At the same year, Cocoa Beans was the 274th most imported product in Canada. Canada imports Cocoa Beans primarily from: Cote d'Ivoire ($235M), Ecuador ($41.5M), Ghana ($37.9M), Nigeria ($22.1M), and Venezuela ($5.73M).

The fastest growing import markets in Cocoa Beans for Canada between 2022 and 2023 were Cote d'Ivoire ($36.2M), Venezuela ($5.64M), and United States ($647k).

Latest Trends

June 2024

About

Overview In June 2024 Canada's Cocoa Beans exports accounted up to C$8.89k and imports accounted up to C$114M, resulting in a negative trade balance of C$114M. Between January 2020 and June 2024 the exports of Canada's   Cocoa Beans have decreased by C$-81k (-90.1%) from C$89.9k to C$8.89k, while imports increased by C$81.8M (256%) from C$31.9M to C$114M.

Destinations In June 2024, Cocoa Beans were exported mostly to , and were imported mostly from Cote d'Ivoire (C$62.4M), Ecuador (C$27.2M), Ghana (C$10.8M), Peru (C$5.95M), and Papua New Guinea (C$3.77M).

Growth In June 2024, the decrease in Cocoa Beans's year-by-year exports was explained primarily by a decrease in exports to . In December 2024, the increase in Cocoa Beans's year-by-year imports was explained primarily by an increase in imports from Ghana (C$7.86M or 103%), Ecuador (C$3.84M or 45.6%), and Dominican Republic (C$163k or 1.03k%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (January 2020 - June 2024)C$-81k(-90.1%)
IMPORT GROWTH (December 2023 - December 2024)C$81.8M(256%)
MAIN EXPORTER (June 2024)
MAIN DESTINATION (June 2024)

This section shows Cocoa Beans's exports and imports data at subnational level for Canada. 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 Beans over time.

For full datasets download visit Bulk Download page.

Go to Bulk Download

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2023)$5.49M
IMPORTS (2023)$348M
NET TRADE (2023)-$342M

In 2023, Canada exported $5.49M in Cocoa Beans. The main destinations of Canada exports on Cocoa Beans were Estonia ($3.75M), United States ($1.68M), Germany ($60.5k), France ($2.36k), and United Arab Emirates ($660).

In 2023, Canada imported $348M in Cocoa Beans, mainly from Cote d'Ivoire ($235M), Ecuador ($41.5M), Ghana ($37.9M), Nigeria ($22.1M), and Venezuela ($5.73M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Cocoa Beans EXPORT MARKETS FOR Canada WERE (2022 - 2023):
Estonia$3.34M (813%)
Germany$60.5k (1%)
France$1.93k (447%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cocoa Beans BY Canada WERE (2022 - 2023):
United States-$2.26M (-57.4%)
Netherlands-$82.5k (-99.8%)
United Arab Emirates-$11.6k (-94.6%)
Explore Visualizations

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Canada's main exporting competitors in Cocoa Beans were:
Cote d'Ivoire $3.68B
Ecuador $1.14B
Ghana $1.09B
In 2023, Canada's main importing competitors in Cocoa Beans were:
Netherlands $2.21B
Malaysia $1.42B
Germany $867M

Explore Visualizations

Trade Value of Cocoa Beans by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $3.6M
TOP IMPORT POTENTIALNigeria+ $13.5M

Cocoa Beans’s highest export potential is United States. With an export gap of $3.6M.   Cocoa Beans’s highest import potential is Nigeria with an import gap of $13.5M.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms