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2022
Exports $8.21kWorld Rnk 0 / 0
Flag Rnk 0 / 0
falsefalseN/A
2023
PRODUCT COMPLEXITY IN Cocoa Paste-0.83Rnk 788 / 1025
2022
Imports $5.77MWorld Rnk 51 / 167
Flag Rnk 634 / 1185
2023
ECONOMIC COMPLEXITY of Morocco-0.36Rnk 79 / 132

About

Imports In 2023, Morocco imported $5.77M in Cocoa Paste, becoming the 51st largest importer of Cocoa Paste in the world. At the same year, Cocoa Paste was the 634th most imported product in Morocco. Morocco imports Cocoa Paste primarily from: Cote d'Ivoire ($4.09M), Spain ($994k), Netherlands ($298k), Ghana ($264k), and Belgium ($58.4k).

The fastest growing import markets in Cocoa Paste for Morocco between 2022 and 2023 were Cote d'Ivoire ($92.1k), Belgium ($47.6k), and Turkey ($25.3k).

COMPANIES In 2024, leading companies such as Barry Callebaut (3) were at the forefront of shipping Cocoa Paste from Morocco to the United States.

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 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)$8.21k
IMPORTS (2023)$5.77M
NET TRADE (2023)-$5.77M

In 2023, Morocco imported $5.77M in Cocoa Paste, mainly from Cote d'Ivoire ($4.09M), Spain ($994k), Netherlands ($298k), Ghana ($264k), and Belgium ($58.4k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cocoa Paste BY Morocco WERE (N/A - 2022):
Spain-$8.15k (-100%)
Netherlands-$61 (-100%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Morocco's main exporting competitors in Cocoa Paste were:
Cote d'Ivoire $1.32B
Netherlands $781M
Ghana $440M
In 2023, Morocco's main importing competitors in Cocoa Paste were:
United States $560M
Germany $452M
Netherlands $405M

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Trade Value of Cocoa Paste by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSpain+ $8.88k
TOP IMPORT POTENTIALCote d'Ivoire+ $1.35M

Cocoa Paste’s highest export potential is Spain. With an export gap of $8.88k.   Cocoa Paste’s highest import potential is Cote d'Ivoire with an import gap of $1.35M.

See methodology.

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