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2022
Exports $352kWorld Rnk 62 / 125
Flag Rnk 1200 / 1216
2022
Destination $169k Serbia
2021 - 2022
FASTEST GROWING MARKET $169kSerbia
2022
PRODUCT COMPLEXITY IN Cocoa Beans-2.82Rnk 1025 / 1025
2022
Imports $24.9MWorld Rnk 25 / 159
Flag Rnk 896 / 1212
2022
Origin $13.3M Ecuador
2021 - 2022
FASTEST GROWING ORIGIN $13.3MEcuador
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2022, China exported $352k in Cocoa Beans, making it the 62nd largest exporter of Cocoa Beans in the world. At the same year, Cocoa Beans was the 1200th most exported product in China. The main destination of Cocoa Beans exports from China are: Serbia ($169k), Italy ($114k), Hong Kong ($42.9k), Belgium ($8.5k), and Australia ($5.69k).

The fastest growing export markets for Cocoa Beans of China between 2021 and 2022 were Serbia ($169k), Italy ($90.2k), and Hong Kong ($42k).

Imports In 2022, China imported $24.9M in Cocoa Beans, becoming the 25th largest importer of Cocoa Beans in the world. At the same year, Cocoa Beans was the 896th most imported product in China. China imports Cocoa Beans primarily from: Ecuador ($15.8M), Togo ($5.67M), Ghana ($2.67M), Cote d'Ivoire ($369k), and Cameroon ($97.2k).

The fastest growing import markets in Cocoa Beans for China between 2021 and 2022 were Ecuador ($13.3M), Togo ($1.18M), and Cameroon ($96.2k).

Latest Trends

June 2024

About

Overview In June 2024 China's Cocoa Beans exports accounted up to $972 and imports accounted up to $5.9M, resulting in a negative trade balance of $5.9M. Between October 2020 and June 2024 the exports of China's   Cocoa Beans have decreased by $-620 (-38.9%) from $1.59k to $972, while imports increased by $2.69M (83.6%) from $3.21M to $5.9M.

Destinations In June 2024, Cocoa Beans were exported mostly to , and were imported mostly from Papua New Guinea ($3.79M), Togo ($1.22M), Ecuador ($894k), and Panama ($3.75k).

Growth In June 2024, the decrease in Cocoa Beans's year-by-year exports was explained primarily by a decrease in exports to . In October 2024, the increase in Cocoa Beans's year-by-year imports was explained primarily by an increase in imports from Togo ($1.14M or 109%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2020 - June 2024)$-620(-38.9%)
IMPORT GROWTH (October 2023 - October 2024)$2.69M(83.6%)
MAIN EXPORTER (June 2024)Guangdong Province$972
MAIN DESTINATION (June 2024)

This section shows Cocoa Beans'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 Beans over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$352k
IMPORTS (2022)$24.9M
NET TRADE (2022)-$24.5M

In 2022, China exported $352k in Cocoa Beans. The main destinations of China exports on Cocoa Beans were Serbia ($169k), Italy ($114k), Hong Kong ($42.9k), Belgium ($8.5k), and Australia ($5.69k).

In 2022, China imported $24.9M in Cocoa Beans, mainly from Ecuador ($15.8M), Togo ($5.67M), Ghana ($2.67M), Cote d'Ivoire ($369k), and Cameroon ($97.2k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cocoa Beans EXPORT MARKETS FOR China WERE (2021 - 2022):
Serbia$169k (1%)
Italy$90.2k (383%)
Hong Kong$42k (4.35k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cocoa Beans BY China WERE (2021 - 2022):
Malaysia-$102k (-100%)
Angola-$44.5k (-100%)
Democratic Republic of the Congo-$15k (-100%)
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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 Beans were:
Cote d'Ivoire $3.33B
Ghana $1.08B
Ecuador $937M
In 2022, China's main importing competitors in Cocoa Beans were:
Netherlands $1.68B
Malaysia $1.02B
United States $874M

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Trade Value of Cocoa Beans by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALItaly+ $82.7k
TOP IMPORT POTENTIALGhana+ $3.6M

Cocoa Beans’s highest export potential is Italy. With an export gap of $82.7k.   Cocoa Beans’s highest import potential is Ghana with an import gap of $3.6M.

See methodology.

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