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Pricing

2022
Exports $7.87kWorld Rnk 82 / 105
Flag Rnk 945 / 1105
2022
Destination $7.81k Spain
2021 - 2022
FASTEST GROWING MARKET $7.81kSpain
2022
PRODUCT COMPLEXITY IN Cocoa Paste-0.8Rnk 779 / 1025
2022
Imports $5.65MWorld Rnk 49 / 169
Flag Rnk 629 / 1188
2022
Origin $626k Netherlands
2021 - 2022
FASTEST GROWING ORIGIN $626kSpain
2022
ECONOMIC COMPLEXITY of Morocco-0.29Rnk 80 / 133

About

Exports In 2022, Morocco exported $7.87k in Cocoa Paste, making it the 82nd largest exporter of Cocoa Paste in the world. At the same year, Cocoa Paste was the 945th most exported product in Morocco. The main destination of Cocoa Paste exports from Morocco are: Spain ($7.81k) and Netherlands ($59).

The fastest growing export markets for Cocoa Paste of Morocco between 2021 and 2022 were Spain ($7.81k) and Netherlands ($59).

Imports In 2022, Morocco imported $5.65M in Cocoa Paste, becoming the 49th largest importer of Cocoa Paste in the world. At the same year, Cocoa Paste was the 629th most imported product in Morocco. Morocco imports Cocoa Paste primarily from: Netherlands ($2.79M), Spain ($1.1M), Cote d'Ivoire ($965k), Ghana ($482k), and Italy ($157k).

The fastest growing import markets in Cocoa Paste for Morocco between 2021 and 2022 were Spain ($626k), Cote d'Ivoire ($370k), and Belgium ($83.8k).

COMPANIES In 2023, leading companies such as Barry Callebaut (24) were at the forefront of shipping Cocoa Paste from Morocco to the United States.

Latest Trends

Sep 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)$7.87k
IMPORTS (2022)$5.65M
NET TRADE (2022)-$5.65M

In 2022, Morocco exported $7.87k in Cocoa Paste. The main destinations of Morocco exports on Cocoa Paste were Spain ($7.81k) and Netherlands ($59).

In 2022, Morocco imported $5.65M in Cocoa Paste, mainly from Netherlands ($2.79M), Spain ($1.1M), Cote d'Ivoire ($965k), Ghana ($482k), and Italy ($157k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cocoa Paste EXPORT MARKETS FOR Morocco WERE (2021 - 2022):
Spain$7.81k (1%)
Netherlands$59 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cocoa Paste BY Morocco WERE (2021 - 2022):France-$38 (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Morocco's main exporting competitors in Cocoa Paste were:
Cote d'Ivoire $1.08B
Netherlands $685M
Ghana $450M
In 2022, Morocco'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 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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