2023
Exports
$616kWorld Rnk 58 / 134
Flag Rnk 1104 / 1212
2023
PRODUCT COMPLEXITY IN Cocoa Beans
-2.94Rnk 1025 / 1025
2023
Imports
$63MWorld Rnk 21 / 159
Flag Rnk 550 / 1208
2023
ECONOMIC COMPLEXITY of India
0.65Rnk 39 / 132

About

Exports In 2023, India exported $616k in Cocoa Beans, making it the 58th largest exporter of Cocoa Beans in the world. At the same year, Cocoa Beans was the 1104th most exported product in India. The main destination of Cocoa Beans exports from India are: United Kingdom ($158k), Belgium ($96.2k), United States ($82.8k), Russia ($76.3k), and Japan ($56.9k).

The fastest growing export markets for Cocoa Beans of India between 2022 and 2023 were United Kingdom ($155k), Russia ($76.3k), and Netherlands ($40.6k).

Imports In 2023, India imported $63M in Cocoa Beans, becoming the 21st largest importer of Cocoa Beans in the world. At the same year, Cocoa Beans was the 550th most imported product in India. India imports Cocoa Beans primarily from: Democratic Republic of the Congo ($25.3M), Dominican Republic ($13.2M), Uganda ($9.42M), Ecuador ($8.7M), and Ghana ($2.15M).

The fastest growing import markets in Cocoa Beans for India between 2022 and 2023 were Ecuador ($7.43M), Nigeria ($563k), and Peru ($494k).

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)$616k
IMPORTS (2023)$63M
NET TRADE (2023)-$62.4M

In 2023, India exported $616k in Cocoa Beans. The main destinations of India exports on Cocoa Beans were United Kingdom ($158k), Belgium ($96.2k), United States ($82.8k), Russia ($76.3k), and Japan ($56.9k).

In 2023, India imported $63M in Cocoa Beans, mainly from Democratic Republic of the Congo ($25.3M), Dominican Republic ($13.2M), Uganda ($9.42M), Ecuador ($8.7M), and Ghana ($2.15M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Cocoa Beans EXPORT MARKETS FOR India WERE (2022 - 2023):
United Kingdom$155k (5.87k%)
Russia$76.3k (1%)
Netherlands$40.6k (21.3k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cocoa Beans BY India WERE (2022 - 2023):
Indonesia-$26.8k (-100%)
United Arab Emirates-$26.3k (-96.4%)
Canada-$17k (-63.3%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, India's main exporting competitors in Cocoa Beans were:
In 2023, India'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 POTENTIALUnited States+ $178k
TOP IMPORT POTENTIALGhana+ $5.05M

Cocoa Beans’s highest export potential is United States. With an export gap of $178k.   Cocoa Beans’s highest import potential is Ghana with an import gap of $5.05M.

See methodology.

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