2023
Exports
$2.22MWorld Rnk 36 / 153
Flag Rnk 745 / 1200
2023
PRODUCT COMPLEXITY IN Cocoa Powder
-0.7Rnk 759 / 1025
2023
Imports
$155MWorld Rnk 4 / 214
Flag Rnk 271 / 1186
2023
ECONOMIC COMPLEXITY of Russia
0.3Rnk 50 / 132

About

Exports In 2023, Russia exported $2.22M in Cocoa Powder, making it the 36th largest exporter of Cocoa Powder in the world. At the same year, Cocoa Powder was the 745th most exported product in Russia. The main destination of Cocoa Powder exports from Russia are: Kazakhstan ($908k), Kyrgyzstan ($380k), Georgia ($264k), Armenia ($194k), and Azerbaijan ($190k).

The fastest growing export markets for Cocoa Powder of Russia between 2022 and 2023 were Kazakhstan ($55.9k), Georgia ($39.8k), and Israel ($28k).

Imports In 2023, Russia imported $155M in Cocoa Powder, becoming the 4th largest importer of Cocoa Powder in the world. At the same year, Cocoa Powder was the 271st most imported product in Russia. Russia imports Cocoa Powder primarily from: Netherlands ($40.9M), Germany ($35.2M), Spain ($18M), Indonesia ($17M), and Estonia ($15M).

The fastest growing import markets in Cocoa Powder for Russia between 2022 and 2023 were Malaysia ($9.82M), Indonesia ($8.28M), and Spain ($7.31M).

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 Powder. 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 (2023)$2.22M
IMPORTS (2023)$155M
NET TRADE (2023)-$153M

In 2023, Russia exported $2.22M in Cocoa Powder. The main destinations of Russia exports on Cocoa Powder were Kazakhstan ($908k), Kyrgyzstan ($380k), Georgia ($264k), Armenia ($194k), and Azerbaijan ($190k).

In 2023, Russia imported $155M in Cocoa Powder, mainly from Netherlands ($40.9M), Germany ($35.2M), Spain ($18M), Indonesia ($17M), and Estonia ($15M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Cocoa Powder EXPORT MARKETS FOR Russia WERE (2022 - 2023):
Kazakhstan$55.9k (6.56%)
Georgia$39.8k (17.8%)
Israel$28k (467%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cocoa Powder BY Russia WERE (2022 - 2023):
Kyrgyzstan-$754k (-66.5%)
Tajikistan-$447k (-100%)
Estonia-$193k (-85.3%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Russia's main exporting competitors in Cocoa Powder were:
In 2023, Russia's main importing competitors in Cocoa Powder were:

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Trade Value of Cocoa Powder by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIsrael+ $13.4k
TOP IMPORT POTENTIALIndonesia+ $4.86M

Cocoa Powder’s highest export potential is Israel. With an export gap of $13.4k.   Cocoa Powder’s highest import potential is Indonesia with an import gap of $4.86M.

See methodology.

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