2023
Exports
$44.9MWorld Rnk 17 / 128
Flag Rnk 611 / 1212
2023
PRODUCT COMPLEXITY IN Cocoa Butter
-1.34Rnk 911 / 1025
2023
Imports
$101MWorld Rnk 15 / 179
Flag Rnk 449 / 1208
2023
ECONOMIC COMPLEXITY of India
0.65Rnk 39 / 132

About

Exports In 2023, India exported $44.9M in Cocoa Butter, making it the 17th largest exporter of Cocoa Butter in the world. At the same year, Cocoa Butter was the 611th most exported product in India. The main destination of Cocoa Butter exports from India are: United States ($38.6M), Netherlands ($4.18M), Spain ($855k), Kenya ($408k), and Indonesia ($228k).

The fastest growing export markets for Cocoa Butter of India between 2022 and 2023 were United States ($6.76M), Spain ($855k), and Indonesia ($228k).

Imports In 2023, India imported $101M in Cocoa Butter, becoming the 15th largest importer of Cocoa Butter in the world. At the same year, Cocoa Butter was the 449th most imported product in India. India imports Cocoa Butter primarily from: Indonesia ($100M), Singapore ($520k), Belgium ($81.5k), Spain ($58.2k), and Malaysia ($19.3k).

The fastest growing import markets in Cocoa Butter for India between 2022 and 2023 were Indonesia ($6.38M), Spain ($58.2k), and Belgium ($20.8k).

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)$44.9M
IMPORTS (2023)$101M
NET TRADE (2023)-$56M

In 2023, India exported $44.9M in Cocoa Butter. The main destinations of India exports on Cocoa Butter were United States ($38.6M), Netherlands ($4.18M), Spain ($855k), Kenya ($408k), and Indonesia ($228k).

In 2023, India imported $101M in Cocoa Butter, mainly from Indonesia ($100M), Singapore ($520k), Belgium ($81.5k), Spain ($58.2k), and Malaysia ($19.3k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Cocoa Butter EXPORT MARKETS FOR India WERE (2022 - 2023):
United States$6.76M (21.2%)
Spain$855k (1%)
Indonesia$228k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cocoa Butter BY India WERE (2022 - 2023):
Germany-$6.2M (-99.5%)
United Kingdom-$3.58M (-96.7%)
Netherlands-$1.67M (-28.6%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, India's main exporting competitors in Cocoa Butter were:
In 2023, India'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 POTENTIALUnited States+ $3.5M
TOP IMPORT POTENTIALSingapore+ $1.39M

Cocoa Butter’s highest export potential is United States. With an export gap of $3.5M.   Cocoa Butter’s highest import potential is Singapore with an import gap of $1.39M.

See methodology.

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