2022
Exports
$30.3MWorld Rnk 21 / 125
Flag Rnk 390 / 1198
2022
PRODUCT COMPLEXITY IN Cocoa Beans
-2.82Rnk 1025 / 1025
2022
Imports
$425MWorld Rnk 7 / 159
Flag Rnk 119 / 1213
2022
ECONOMIC COMPLEXITY of Singapore
1.68Rnk 6 / 133

About

Exports In 2022, Singapore exported $30.3M in Cocoa Beans, making it the 21st largest exporter of Cocoa Beans in the world. At the same year, Cocoa Beans was the 390th most exported product in Singapore. The main destination of Cocoa Beans exports from Singapore are: Netherlands ($29.9M), United Kingdom ($299k), Australia ($41.1k), Malaysia ($18.5k), and Maldives ($11.5k).

The fastest growing export markets for Cocoa Beans of Singapore between 2021 and 2022 were Netherlands ($24.6M), United Kingdom ($299k), and Maldives ($8.75k).

Imports In 2022, Singapore imported $425M in Cocoa Beans, becoming the 7th largest importer of Cocoa Beans in the world. At the same year, Cocoa Beans was the 119th most imported product in Singapore. Singapore imports Cocoa Beans primarily from: Malaysia ($229M), Ghana ($60.6M), Cote d'Ivoire ($37.3M), Cameroon ($24.6M), and Indonesia ($16.9M).

The fastest growing import markets in Cocoa Beans for Singapore between 2021 and 2022 were Cameroon ($13.6M), Nigeria ($10.5M), and Ecuador ($4.78M).

Latest Trends

Jul 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 (2022)$30.3M
IMPORTS (2022)$425M
NET TRADE (2022)-$395M

In 2022, Singapore exported $30.3M in Cocoa Beans. The main destinations of Singapore exports on Cocoa Beans were Netherlands ($29.9M), United Kingdom ($299k), Australia ($41.1k), Malaysia ($18.5k), and Maldives ($11.5k).

In 2022, Singapore imported $425M in Cocoa Beans, mainly from Malaysia ($229M), Ghana ($60.6M), Cote d'Ivoire ($37.3M), Cameroon ($24.6M), and Indonesia ($16.9M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cocoa Beans EXPORT MARKETS FOR Singapore WERE (2021 - 2022):
Netherlands$24.6M (466%)
United Kingdom$299k (1%)
Maldives$8.75k (312%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cocoa Beans BY Singapore WERE (2021 - 2022):
Malaysia-$285k (-93.9%)
Australia-$162k (-79.7%)
South Korea-$14.2k (-99.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Singapore's main exporting competitors in Cocoa Beans were:
In 2022, Singapore'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 Kingdom+ $211k
TOP IMPORT POTENTIALCote d'Ivoire+ $10.8M

Cocoa Beans’s highest export potential is United Kingdom. With an export gap of $211k.   Cocoa Beans’s highest import potential is Cote d'Ivoire with an import gap of $10.8M.

See methodology.

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