2023
Exports
$172kWorld Rnk 58 / 128
Flag Rnk 1061 / 1208
2023
PRODUCT COMPLEXITY IN Cocoa Butter
-1.34Rnk 911 / 1025
2023
Imports
$105MWorld Rnk 14 / 179
Flag Rnk 317 / 1207
2023
ECONOMIC COMPLEXITY of Australia
-0.28Rnk 75 / 132

About

Exports In 2023, Australia exported $172k in Cocoa Butter, making it the 58th largest exporter of Cocoa Butter in the world. At the same year, Cocoa Butter was the 1061st most exported product in Australia. The main destination of Cocoa Butter exports from Australia are: Japan ($56.5k), Malaysia ($56.4k), New Zealand ($46.2k), Singapore ($4.26k), and Maldives ($3.93k).

The fastest growing export markets for Cocoa Butter of Australia between 2022 and 2023 were Malaysia ($32.2k), New Zealand ($19k), and Japan ($6.54k).

Imports In 2023, Australia imported $105M in Cocoa Butter, becoming the 14th largest importer of Cocoa Butter in the world. At the same year, Cocoa Butter was the 317th most imported product in Australia. Australia imports Cocoa Butter primarily from: Indonesia ($45.8M), Malaysia ($28.9M), Singapore ($22.8M), Cote d'Ivoire ($5.08M), and Peru ($871k).

The fastest growing import markets in Cocoa Butter for Australia between 2022 and 2023 were Malaysia ($7.24M), Cote d'Ivoire ($5.08M), and China ($712k).

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 Butter. 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)$172k
IMPORTS (2023)$105M
NET TRADE (2023)-$105M

In 2023, Australia exported $172k in Cocoa Butter. The main destinations of Australia exports on Cocoa Butter were Japan ($56.5k), Malaysia ($56.4k), New Zealand ($46.2k), Singapore ($4.26k), and Maldives ($3.93k).

In 2023, Australia imported $105M in Cocoa Butter, mainly from Indonesia ($45.8M), Malaysia ($28.9M), Singapore ($22.8M), Cote d'Ivoire ($5.08M), and Peru ($871k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Cocoa Butter EXPORT MARKETS FOR Australia WERE (2022 - 2023):
Malaysia$32.2k (133%)
New Zealand$19k (70.1%)
Japan$6.54k (13.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cocoa Butter BY Australia WERE (2022 - 2023):
Hong Kong-$1.33k (-37.9%)
Brunei-$212 (-100%)
Jamaica-$145 (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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

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Trade Value of Cocoa Butter by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALJapan+ $35.2k
TOP IMPORT POTENTIALPeru+ $435k

Cocoa Butter’s highest export potential is Japan. With an export gap of $35.2k.   Cocoa Butter’s highest import potential is Peru with an import gap of $435k.

See methodology.

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