2022
Exports
$49MWorld Rnk 15 / 105
Flag Rnk 869 / 1217
2022
PRODUCT COMPLEXITY IN Cocoa Paste
-0.8Rnk 779 / 1025
2022
Imports
$489MWorld Rnk 1 / 169
Flag Rnk 546 / 1216
2022
ECONOMIC COMPLEXITY of United States
1.47Rnk 10 / 133

About

Exports In 2022, United States exported $49M in Cocoa Paste, making it the 15th largest exporter of Cocoa Paste in the world. At the same year, Cocoa Paste was the 869th most exported product in United States. The main destination of Cocoa Paste exports from United States are: Canada ($41M), Mexico ($4.9M), Brazil ($1.51M), Russia ($634k), and Bulgaria ($407k).

The fastest growing export markets for Cocoa Paste of United States between 2021 and 2022 were Canada ($8.68M), Bulgaria ($234k), and Indonesia ($47k).

Imports In 2022, United States imported $489M in Cocoa Paste, becoming the 1st largest importer of Cocoa Paste in the world. At the same year, Cocoa Paste was the 546th most imported product in United States. United States imports Cocoa Paste primarily from: Cote d'Ivoire ($249M), Ghana ($87.5M), Cameroon ($33.5M), Canada ($32.9M), and Ecuador ($30.2M).

The fastest growing import markets in Cocoa Paste for United States between 2021 and 2022 were Ghana ($29.7M), Cote d'Ivoire ($21.6M), and Indonesia ($15.9M).

COMPANIES In 2023, leading companies such as Barry Callebaut (197), Wismettac Asian Foods (49), and Goya Foods (14) were at the forefront of shipping Cocoa Paste to the United States.

Latest Trends

August 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)$6.37M(128%)
IMPORT GROWTH (August 2023 - August 2024)$42.6M(151%)
MAIN EXPORTER (August 2024)Pennsylvania$5.83M
MAIN DESTINATION (August 2024)Canada$9.64M

This section shows Cocoa Paste's exports and imports data at subnational level for United States. 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)$49M
IMPORTS (2022)$489M
NET TRADE (2022)-$440M

In 2022, United States exported $49M in Cocoa Paste. The main destinations of United States exports on Cocoa Paste were Canada ($41M), Mexico ($4.9M), Brazil ($1.51M), Russia ($634k), and Bulgaria ($407k).

In 2022, United States imported $489M in Cocoa Paste, mainly from Cote d'Ivoire ($249M), Ghana ($87.5M), Cameroon ($33.5M), Canada ($32.9M), and Ecuador ($30.2M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cocoa Paste EXPORT MARKETS FOR United States WERE (2021 - 2022):
Canada$8.68M (26.8%)
Bulgaria$234k (136%)
Indonesia$47k (231%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cocoa Paste BY United States WERE (2021 - 2022):
Russia-$4.75M (-88.2%)
Mexico-$1.57M (-24.2%)
Brazil-$364k (-19.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United States's main exporting competitors in Cocoa Paste were:
In 2022, United States'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 POTENTIALBrazil+ $608k
TOP IMPORT POTENTIALGhana+ $21.7M

Cocoa Paste’s highest export potential is Brazil. With an export gap of $608k.   Cocoa Paste’s highest import potential is Ghana with an import gap of $21.7M.

See methodology.

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