2022
Exports
$305kWorld Rnk 50 / 123
Flag Rnk 1017 / 1200
2022
PRODUCT COMPLEXITY IN Cocoa Butter
-1.34Rnk 920 / 1025
2022
Imports
$113MWorld Rnk 12 / 179
Flag Rnk 338 / 1201
2022
ECONOMIC COMPLEXITY of Russia
0.43Rnk 47 / 133

About

Exports In 2022, Russia exported $305k in Cocoa Butter, making it the 50th largest exporter of Cocoa Butter in the world. At the same year, Cocoa Butter was the 1017th most exported product in Russia. The main destination of Cocoa Butter exports from Russia are: Kazakhstan ($175k), Armenia ($71.5k), Kyrgyzstan ($34.4k), Lithuania ($19.8k), and Turkey ($2.08k).

The fastest growing export markets for Cocoa Butter of Russia between 2021 and 2022 were Armenia ($55k), Lithuania ($19.7k), and Turkey ($2.07k).

Imports In 2022, Russia imported $113M in Cocoa Butter, becoming the 12th largest importer of Cocoa Butter in the world. At the same year, Cocoa Butter was the 338th most imported product in Russia. Russia imports Cocoa Butter primarily from: Estonia ($46.6M), Malaysia ($30M), Indonesia ($14.1M), Netherlands ($5.44M), and Singapore ($4.12M).

The fastest growing import markets in Cocoa Butter for Russia between 2021 and 2022 were Estonia ($8.93M), Turkey ($1.86M), and France ($934k).

Latest Trends

Oct 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 (2022)$305k
IMPORTS (2022)$113M
NET TRADE (2022)-$113M

In 2022, Russia exported $305k in Cocoa Butter. The main destinations of Russia exports on Cocoa Butter were Kazakhstan ($175k), Armenia ($71.5k), Kyrgyzstan ($34.4k), Lithuania ($19.8k), and Turkey ($2.08k).

In 2022, Russia imported $113M in Cocoa Butter, mainly from Estonia ($46.6M), Malaysia ($30M), Indonesia ($14.1M), Netherlands ($5.44M), and Singapore ($4.12M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cocoa Butter EXPORT MARKETS FOR Russia WERE (2021 - 2022):
Armenia$55k (333%)
Lithuania$19.7k (32.9k%)
Turkey$2.07k (17.2k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cocoa Butter BY Russia WERE (2021 - 2022):
Ukraine-$598k (-100%)
Belarus-$309k (-100%)
Germany-$36k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Russia's main exporting competitors in Cocoa Butter were:
In 2022, Russia'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 POTENTIALLithuania+ $11.3k
TOP IMPORT POTENTIALIndonesia+ $5.8M

Cocoa Butter’s highest export potential is Lithuania. With an export gap of $11.3k.   Cocoa Butter’s highest import potential is Indonesia with an import gap of $5.8M.

See methodology.

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