Cocoa & cocoa preparationsCocoa and cocoa preparations
18 (Harmonized System 1992 for 2-digit)
2021 World Trade: $55.2B, Rnk 56 / 96
2021 Top Exporter | Top Importer: $6.77B | $5.73B, Germany | United States
2021 Product Complexity: -0.86, Rnk 77 / 96
2020 - 2021 Export Growth (CAGR): 10.8%, Rnk 86 / 96
2018 Mean Tariff: 18.8%, Rnk 14 / 96
2021 Share of World Trade: 0.26%, Rnk 56 / 96
Overview This page contains the latest trade data of Cocoa & cocoa preparations. In 2021, Cocoa & cocoa preparations were the world's 56th most traded product, with a total trade of $55.2B. Between 2020 and 2021 the exports of Cocoa & cocoa preparations grew by 10.8%, from $49.8B to $55.2B. Trade in Cocoa & cocoa preparations represent 0.26% of total world trade.
Cocoa & cocoa preparations are a part of Foodstuffs. They include Cocoa & cocoa preparations.
Exports In 2021 the top exporters of Cocoa & cocoa preparations were Germany ($6.77B), Netherlands ($5.64B), Cote d'Ivoire ($5.51B), Belgium ($3.54B), and Italy ($2.56B).
Imports In 2021 the top importers of Cocoa & cocoa preparations were United States ($5.73B), Netherlands ($4.64B), Germany ($4.53B), France ($3.82B), and United Kingdom ($2.96B).
Tariffs In 2018 the average tariff for Cocoa & cocoa preparations was 18.8%, making it the 14th lowest tariff using the HS2 product classification.
Ranking Cocoa & cocoa preparations ranks 77th in the Product Complexity Index (PCI).
The following visualization shows the latest trends on Cocoa & cocoa preparations. 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.
Trade By Country
Top Origin (2021): Germany, $6.77B
Top Destination (2021): United States, $5.73B
Cocoa & cocoa preparations are the world's 56th most traded product.
In 2021, the top exporters of Cocoa & cocoa preparations were Germany ($6.77B), Netherlands ($5.64B), Cote d'Ivoire ($5.51B), Belgium ($3.54B), and Italy ($2.56B).
In 2021, the top importers of Cocoa & cocoa preparations were United States ($5.73B), Netherlands ($4.64B), Germany ($4.53B), France ($3.82B), and United Kingdom ($2.96B).
Trade by country
Top Origin Growth (2020 - 2021): Germany, $721M
Top Destination Growth (2020 - 2021): United States, $526M
Between 2020 and 2021, the exports of Cocoa & cocoa preparations grew the fastest in Germany ($721M), Netherlands ($707M), Belgium ($563M), Italy ($382M), and Ghana ($316M).
Between 2020 and 2021, the fastest growing importers of Cocoa & cocoa preparations were United States ($526M), Netherlands ($482M), France ($437M), Malaysia ($285M), and Italy ($226M).
Cumulative market share
This chart shows the evolution of the market concentration of exports of Cocoa & cocoa preparations.
In 2021, market concentration measured using Shannon Entropy, was 4.92. This means that most of the exports of Cocoa & cocoa preparations are explained by 30 countries.
TOP NET EXPORTER (2021): Cote d'Ivoire, $5.5B
TOP NET IMPORTER (2021): United States, $3.83B
This map shows which countries export or import more of Cocoa & cocoa preparations. Each country is colored based on the difference in exports and imports of Cocoa & cocoa preparations during 2021.
In 2021, the countries that had a largest trade value in exports than in imports of Cocoa & cocoa preparations were Cote d'Ivoire ($5.5B), Ghana ($2.46B), Germany ($2.24B), Netherlands ($1B), and Belgium ($999M).
In 2021, the countries that had a largest trade value in imports than in exports of Cocoa & cocoa preparations were United States ($3.83B), United Kingdom ($1.83B), France ($1.55B), Japan ($826M), and Saudi Arabia ($554M).
In 2021, the world most traded Cocoa & cocoa preparations, disaggragated by their HS6 level were Cocoa & cocoa preparations ($55.2B)
This visualization shows the countries that have an important ratio of their trade related to Cocoa & cocoa preparations. It is possible to select the main countries that export or import Cocoa & cocoa preparations in the world, or by continent, as well as select the measure of interest.
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.
Have questions, comments, or concerns?
Send us an e-mail: [email protected]
v5.1.17 quail