HS Icon Cocoa Beans

Cocoa beans; whole or broken, raw or roasted

1801 (Harmonized System 1992 for 4-digit)

Overview This page contains the latest trade data of Cocoa Beans. In 2020, Cocoa Beans were the world's 345th most traded product, with a total trade of $8.54B. Between 2019 and 2020 the exports of Cocoa Beans decreased by -9.71%, from $9.45B to $8.54B. Trade in Cocoa Beans represent 0.051% of total world trade.

Cocoa Beans are a part of Cocoa and cocoa preparations. They include Cocoa beans, whole or broken, raw or roasted.

Exports In 2020 the top exporters of Cocoa Beans  were Cote d'Ivoire ($3.52B), Ghana ($1.28B), Ecuador ($823M), Cameroon ($590M), and Nigeria ($489M).

Imports In 2020 the top importers of Cocoa Beans were Netherlands ($1.78B), United States ($990M), Malaysia ($922M), Germany ($680M), and Indonesia ($551M).

Ranking Cocoa Beans ranks 1028th in the Product Complexity Index (PCI).

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Y-AXIS SCALE

The following visualization shows the latest trends on Cocoa Beans. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

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Exporters and Importers

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Trade By Country

Top Origin (2020): Cote d'Ivoire, $3.52B

Top Destination (2020): Netherlands, $1.78B

Cocoa Beans are the world's 345th most traded product.

In 2020, the top exporters of Cocoa Beans were Cote d'Ivoire ($3.52B), Ghana ($1.28B), Ecuador ($823M), Cameroon ($590M), and Nigeria ($489M).

In 2020, the top importers of Cocoa Beans were Netherlands ($1.78B), United States ($990M), Malaysia ($922M), Germany ($680M), and Indonesia ($551M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2019 -  2020): Ecuador, $156M

Top Destination Growth (2019 - 2020): United States, $119M

Between 2019 and 2020, the exports of Cocoa Beans grew the fastest in Ecuador ($156M), Belgium ($81.8M), Papua New Guinea ($26.6M), Liberia ($21.5M), and Republic of the Congo ($17.4M).

Between 2019 and 2020, the fastest growing importers of Cocoa Beans were United States ($119M), Turkey ($91.5M), United Kingdom ($46.2M), Italy ($44.5M), and Russia ($41.7M).

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Market Concentration

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Cumulative market share

Value

This chart shows the evolution of the market concentration of exports of Cocoa Beans.

In 2020,  market concentration measured using Shannon Entropy, was 3.19. This means that most of the exports of Cocoa Beans are explained by 9 countries.

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TOP NET EXPORTER (2020): Cote d'Ivoire, $3.52B

TOP NET IMPORTER (2020): Netherlands, $1.57B

This map shows which countries export or import more of Cocoa Beans. Each country is colored based on the difference in exports and imports of Cocoa Beans during 2020.

In 2020, the countries that had a largest trade value in exports than in imports of Cocoa Beans were Cote d'Ivoire ($3.52B), Ghana ($1.27B), Ecuador ($822M), Cameroon ($590M), and Nigeria ($489M).

In 2020, the countries that had a largest trade value in imports than in exports of Cocoa Beans were Netherlands ($1.57B), United States ($971M), Malaysia ($680M), Germany ($639M), and Indonesia ($454M).

Disaggregation

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Value

In 2020, the world most traded Cocoa Beans, disaggragated by their HS6 level were Cocoa beans, whole or broken, raw... ($8.54B)

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Cocoa Beans.
It is possible to select the main countries that export or import Cocoa Beans in the world, or by continent, as well as select the measure of interest.

Product Complexity

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Diversification Frontier

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Specialization

The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.

Country by Relatedness

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The following visualization shows the relatedness of Cocoa Beans to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.