Cocoa Paste1803 (Harmonized System 1992 for 4-digit)
2020 World Trade: $3.67B, Rnk 571 / 1217
2020 Top Exporter | Top Importer: $1.04B | $440M, Cote d'Ivoire | Netherlands
2020 Product Complexity: -0.82, Rnk 783 / 1028
2019 - 2020 Export Growth (CAGR): 7.43%, Rnk 164 / 1217
2018 Mean Tariff: 8.6%, Rnk 497 / 1259
2020 Share of World Trade: 0.022%, Rnk 571 / 1217
Overview This page contains the latest trade data of Cocoa Paste. In 2020, Cocoa Paste were the world's 571st most traded product, with a total trade of $3.67B. Between 2019 and 2020 the exports of Cocoa Paste grew by 7.43%, from $3.42B to $3.67B. Trade in Cocoa Paste represent 0.022% of total world trade.
Cocoa Paste are a part of Cocoa & cocoa preparations. They include Cocoa paste not defatted and Cocoa paste wholly or partly defatted.
Exports In 2020 the top exporters of Cocoa Paste were Cote d'Ivoire ($1.04B), Netherlands ($669M), Ghana ($414M), Germany ($281M), and France ($190M).
Imports In 2020 the top importers of Cocoa Paste were Netherlands ($440M), United States ($437M), France ($340M), Germany ($327M), and Belgium ($256M).
Tariffs In 2018 the average tariff for Cocoa Paste was 8.6%, making it the 497th lowest tariff using the HS4 product classification.
Ranking Cocoa Paste ranks 783rd in the Product Complexity Index (PCI).
The following visualization shows the latest trends on Cocoa Paste. 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 (2020): Cote d'Ivoire, $1.04B
Top Destination (2020): Netherlands, $440M
Cocoa Paste are the world's 571st most traded product.
In 2020, the top exporters of Cocoa Paste were Cote d'Ivoire ($1.04B), Netherlands ($669M), Ghana ($414M), Germany ($281M), and France ($190M).
In 2020, the top importers of Cocoa Paste were Netherlands ($440M), United States ($437M), France ($340M), Germany ($327M), and Belgium ($256M).
Trade by country
Top Origin Growth (2019 - 2020): Cote d'Ivoire, $205M
Top Destination Growth (2019 - 2020): United States, $158M
Between 2019 and 2020, the exports of Cocoa Paste grew the fastest in Cote d'Ivoire ($205M), Netherlands ($90.5M), Ecuador ($26.4M), United Kingdom ($23.1M), and Switzerland ($20.5M).
Between 2019 and 2020, the fastest growing importers of Cocoa Paste were United States ($158M), Germany ($82.8M), Russia ($46.4M), Netherlands ($23.7M), and Canada ($19.6M).
Cumulative market share
This chart shows the evolution of the market concentration of exports of Cocoa Paste.
In 2020, market concentration measured using Shannon Entropy, was 3.6. This means that most of the exports of Cocoa Paste are explained by 12 countries.
TOP NET EXPORTER (2020): Cote d'Ivoire, $1.04B
TOP NET IMPORTER (2020): United States, $376M
This map shows which countries export or import more of Cocoa Paste. Each country is colored based on the difference in exports and imports of Cocoa Paste during 2020.
In 2020, the countries that had a largest trade value in exports than in imports of Cocoa Paste were Cote d'Ivoire ($1.04B), Ghana ($414M), Netherlands ($229M), Indonesia ($124M), and Ecuador ($74.1M).
In 2020, the countries that had a largest trade value in imports than in exports of Cocoa Paste were United States ($376M), Belgium ($180M), Russia ($166M), Poland ($158M), and France ($150M).
In 2020, the world most traded Cocoa Paste, disaggragated by their HS6 level were Cocoa paste not defatted ($3.25B) and Cocoa paste wholly or partly defatted ($428M)
This visualization shows the countries that have an important ratio of their trade related to Cocoa Paste. It is possible to select the main countries that export or import Cocoa Paste 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.
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