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2022
Exports $3.74MWorld Rnk 31 / 147
Flag Rnk 704 / 1213
2022
Destination $314k Zambia
2021 - 2022
FASTEST GROWING MARKET $314kMozambique
2022
PRODUCT COMPLEXITY IN Cocoa Powder-0.69Rnk 755 / 1025
2022
Imports $16.7MWorld Rnk 42 / 215
Flag Rnk 545 / 1213
2022
Origin $160k Malaysia
2021 - 2022
FASTEST GROWING ORIGIN $160kGermany
2022
ECONOMIC COMPLEXITY of South Africa0.076Rnk 59 / 133

About

Exports In 2022, South Africa exported $3.74M in Cocoa Powder, making it the 31st largest exporter of Cocoa Powder in the world. At the same year, Cocoa Powder was the 704th most exported product in South Africa. The main destination of Cocoa Powder exports from South Africa are: Zambia ($1.27M), Mozambique ($1.14M), Zimbabwe ($605k), Namibia ($220k), and Eswatini ($149k).

The fastest growing export markets for Cocoa Powder of South Africa between 2021 and 2022 were Mozambique ($314k), Zambia ($287k), and Malaysia ($53k).

Imports In 2022, South Africa imported $16.7M in Cocoa Powder, becoming the 42nd largest importer of Cocoa Powder in the world. At the same year, Cocoa Powder was the 545th most imported product in South Africa. South Africa imports Cocoa Powder primarily from: Malaysia ($6.45M), Spain ($2.92M), Indonesia ($2.29M), Netherlands ($2.17M), and Singapore ($868k).

The fastest growing import markets in Cocoa Powder for South Africa between 2021 and 2022 were Germany ($160k), Bulgaria ($83.2k), and Singapore ($64.2k).

Latest Trends

September 2024

About

Overview In September 2024 South Africa's Cocoa Powder exports accounted up to ZAR8.84M and imports accounted up to ZAR70.5M, resulting in a negative trade balance of ZAR61.7M. Between September 2023 and September 2024 the exports of South Africa's   Cocoa Powder have decreased by ZAR-22.1k (-0.25%) from ZAR8.86M to ZAR8.84M, while imports increased by ZAR37.1M (111%) from ZAR33.4M to ZAR70.5M.

Destinations In September 2024, Cocoa Powder were exported mostly to Zambia (ZAR3.77M), Zimbabwe (ZAR1.46M), Mozambique (ZAR1.29M), Malawi (ZAR750k), and Eswatini (ZAR531k), and were imported mostly from Indonesia (ZAR21.7M), Malaysia (ZAR18.2M), Spain (ZAR18M), Singapore (ZAR4.69M), and Netherlands (ZAR3.99M).

Growth In September 2024, the decrease in Cocoa Powder's year-by-year exports was explained primarily by a decrease in exports to Mozambique (ZAR-1.81M or -96.7%), Zimbabwe (ZAR-639k or -95.7%), and Eswatini (ZAR-338k or -86.7%). In September 2024, the increase in Cocoa Powder's year-by-year imports was explained primarily by an increase in imports from Singapore (ZAR3.44M or 164%), Peru (ZAR430k or 930%), and Netherlands (ZAR396k or 12%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)ZAR-22.1k(-0.25%)
IMPORT GROWTH (September 2023 - September 2024)ZAR37.1M(111%)
MAIN EXPORTER (September 2024)Groblers BridgeZAR2.88M
MAIN DESTINATION (September 2024)ZambiaZAR3.77M

This section shows Cocoa Powder's exports and imports data at subnational level for South Africa. 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 Powder over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$3.74M
IMPORTS (2022)$16.7M
NET TRADE (2022)-$13M

In 2022, South Africa exported $3.74M in Cocoa Powder. The main destinations of South Africa exports on Cocoa Powder were Zambia ($1.27M), Mozambique ($1.14M), Zimbabwe ($605k), Namibia ($220k), and Eswatini ($149k).

In 2022, South Africa imported $16.7M in Cocoa Powder, mainly from Malaysia ($6.45M), Spain ($2.92M), Indonesia ($2.29M), Netherlands ($2.17M), and Singapore ($868k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cocoa Powder EXPORT MARKETS FOR South Africa WERE (2021 - 2022):
Mozambique$314k (37.9%)
Zambia$287k (29.3%)
Malaysia$53k (3.83k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cocoa Powder BY South Africa WERE (2021 - 2022):
Germany-$108k (-100%)
Angola-$87k (-72.5%)
Malawi-$68.4k (-43.4%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, South Africa's main exporting competitors in Cocoa Powder were:
Netherlands $846M
Malaysia $419M
Germany $325M
In 2022, South Africa's main importing competitors in Cocoa Powder were:
United States $363M
Netherlands $168M
China $151M

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Trade Value of Cocoa Powder by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSouth Korea+ $53.1k
TOP IMPORT POTENTIALIndonesia+ $959k

Cocoa Powder’s highest export potential is South Korea. With an export gap of $53.1k.   Cocoa Powder’s highest import potential is Indonesia with an import gap of $959k.

See methodology.

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