2022
Exports
$10.9MWorld Rnk 25 / 105
Flag Rnk 1088 / 1216
2022
PRODUCT COMPLEXITY IN Cocoa Paste
-0.8Rnk 779 / 1025
2022
Imports
$96.9MWorld Rnk 9 / 169
Flag Rnk 659 / 1212
2022
ECONOMIC COMPLEXITY of China
1.12Rnk 22 / 133

About

Exports In 2022, China exported $10.9M in Cocoa Paste, making it the 25th largest exporter of Cocoa Paste in the world. At the same year, Cocoa Paste was the 1088th most exported product in China. The main destination of Cocoa Paste exports from China are: Serbia ($6.14M), Indonesia ($2.74M), Russia ($721k), Malaysia ($561k), and Germany ($400k).

The fastest growing export markets for Cocoa Paste of China between 2021 and 2022 were Serbia ($6.14M), Indonesia ($1.17M), and Russia ($532k).

Imports In 2022, China imported $96.9M in Cocoa Paste, becoming the 9th largest importer of Cocoa Paste in the world. At the same year, Cocoa Paste was the 659th most imported product in China. China imports Cocoa Paste primarily from: Indonesia ($48.2M), Malaysia ($18.6M), Netherlands ($11.3M), Ghana ($11.2M), and Singapore ($4.22M).

The fastest growing import markets in Cocoa Paste for China between 2021 and 2022 were Netherlands ($1.59M), Singapore ($1.2M), and Japan ($408k).

COMPANIES In 2023, leading companies such as Wismettac Asian Foods (2), Barry Callebaut (2), and Walong Marketing (1) were at the forefront of shipping Cocoa Paste from China to the United States.

Latest Trends

July 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (May 2023 - July 2024)$289k(111%)
IMPORT GROWTH (July 2023 - July 2024)$711k(8.01%)
MAIN EXPORTER (July 2024)Sichuan Province$548k
MAIN DESTINATION (July 2024)Russia$548k

This section shows Cocoa Paste's exports and imports data at subnational level for China. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Cocoa Paste over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$10.9M
IMPORTS (2022)$96.9M
NET TRADE (2022)-$86M

In 2022, China exported $10.9M in Cocoa Paste. The main destinations of China exports on Cocoa Paste were Serbia ($6.14M), Indonesia ($2.74M), Russia ($721k), Malaysia ($561k), and Germany ($400k).

In 2022, China imported $96.9M in Cocoa Paste, mainly from Indonesia ($48.2M), Malaysia ($18.6M), Netherlands ($11.3M), Ghana ($11.2M), and Singapore ($4.22M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cocoa Paste EXPORT MARKETS FOR China WERE (2021 - 2022):
Serbia$6.14M (1%)
Indonesia$1.17M (74.6%)
Russia$532k (282%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cocoa Paste BY China WERE (2021 - 2022):
Uruguay-$859k (-94%)
Jamaica-$254k (-80.8%)
Netherlands-$128k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Cocoa Paste were:
In 2022, China's main importing competitors in Cocoa Paste were:

Explore Visualizations

Trade Value of Cocoa Paste by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALRussia+ $610k
TOP IMPORT POTENTIALCote d'Ivoire+ $8.53M

Cocoa Paste’s highest export potential is Russia. With an export gap of $610k.   Cocoa Paste’s highest import potential is Cote d'Ivoire with an import gap of $8.53M.

See methodology.

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