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2022
Exports $450MWorld Rnk 3 / 105
Flag Rnk 5 / 885
2022
Destination $29.7M Netherlands
2021 - 2022
FASTEST GROWING MARKET $29.7MUnited States
2022
PRODUCT COMPLEXITY IN Cocoa Paste-0.8Rnk 779 / 1025
2022
Imports $71.8kWorld Rnk 107 / 169
Flag Rnk 935 / 1129
2022
Origin $50.2k Singapore
2021 - 2022
FASTEST GROWING ORIGIN $50.2kSingapore
2022
ECONOMIC COMPLEXITY of Ghana-1.32Rnk 122 / 133

About

Exports In 2022, Ghana exported $450M in Cocoa Paste, making it the 3rd largest exporter of Cocoa Paste in the world. At the same year, Cocoa Paste was the 5th most exported product in Ghana. The main destination of Cocoa Paste exports from Ghana are: Netherlands ($94.1M), United States ($87.5M), Poland ($46.5M), Spain ($33.9M), and Germany ($19.9M).

The fastest growing export markets for Cocoa Paste of Ghana between 2021 and 2022 were United States ($29.7M), Netherlands ($25.3M), and Belgium ($5.91M).

Imports In 2022, Ghana imported $71.8k in Cocoa Paste, becoming the 107th largest importer of Cocoa Paste in the world. At the same year, Cocoa Paste was the 935th most imported product in Ghana. Ghana imports Cocoa Paste primarily from: Singapore ($70.5k) and South Africa ($1.34k).

The fastest growing import markets in Cocoa Paste for Ghana between 2021 and 2022 were Singapore ($50.2k) and South Africa ($1.34k).

COMPANIES In 2023, leading companies such as Barry Callebaut (4) were at the forefront of shipping Cocoa Paste from Ghana to the United States.

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 Paste. 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)$450M
IMPORTS (2022)$71.8k
NET TRADE (2022)$450M

In 2022, Ghana exported $450M in Cocoa Paste. The main destinations of Ghana exports on Cocoa Paste were Netherlands ($94.1M), United States ($87.5M), Poland ($46.5M), Spain ($33.9M), and Germany ($19.9M).

In 2022, Ghana imported $71.8k in Cocoa Paste, mainly from Singapore ($70.5k) and South Africa ($1.34k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cocoa Paste EXPORT MARKETS FOR Ghana WERE (2021 - 2022):
United States$29.7M (51.4%)
Netherlands$25.3M (36.7%)
Belgium$5.91M (8.99k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cocoa Paste BY Ghana WERE (2021 - 2022):
Russia-$50.8M (-100%)
Spain-$29.8M (-46.8%)
France-$10.8M (-51.9%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Ghana's main exporting competitors in Cocoa Paste were:
Cote d'Ivoire $1.08B
Netherlands $685M
In 2022, Ghana's main importing competitors in Cocoa Paste were:
United States $489M
Netherlands $443M
Germany $329M

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Trade Value of Cocoa Paste by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $21.7M
TOP IMPORT POTENTIALCote d'Ivoire+ $1.57k

Cocoa Paste’s highest export potential is United States. With an export gap of $21.7M.   Cocoa Paste’s highest import potential is Cote d'Ivoire with an import gap of $1.57k.

See methodology.

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