HS Icon Cocoa Shells

1802 (Harmonized System 1992 for 4-digit)

World Trade (2018): $97.7M, Rnk 1179 / 1225

Top Exporter (2018): $73.9M, Cote d'Ivoire

Top Importer (2018): $53.4M, United States

Export Growth (CAGR)(2017 - 2018): 142%, Rnk 7 / 1225

Mean Tariff (2018): 7.01%, Rnk 617 / 1259

Share of World Trade (2018): 0.00053%, Rnk 1179 / 1225

Overview:  This page contains the latest trade data of Cocoa Shells. In 2018, Cocoa Shells were the world's 1179th most traded product, with a total trade of $97.7M. Between 2017 and 2018 the exports of Cocoa Shells grew by 142%, from  $40.3M to $97.7M. Trade in Cocoa Shells represent 0.00053% of total world trade.

Exports: In 2018 the top exporters of Cocoa Shells  were Cote d'Ivoire ($73.9M), Netherlands ($5.92M), Germany ($3.71M), Ghana ($3.35M), and Indonesia ($1.95M).

Imports: In 2018 the top importers of Cocoa Shells were United States ($53.4M), France ($8.52M), Poland ($5.28M), Malaysia ($4.67M), and Netherlands ($4.54M).

Tariffs: In 2018 the average tariff for Cocoa Shells was 7.01%, been the 617 lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Cocoa Shells are Tunisia (36%), Bahamas (35.7%), Sudan (35%), Sri Lanka (29.9%), and Cameroon (29.4%). The countries with the lowest tariffs are Egypt (0%), Mauritius (0%), South Africa (0%), Hong Kong (0%), and Japan (0%).

Exporters and Importers

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Trade By Country

Top Origin (2018): Cote d'Ivoire, $73.9M

Top Destination (2018): United States, $53.4M

Cocoa Shells are the world's 1179th most traded product.

In 2018, the top exporters of Cocoa Shells were Cote d'Ivoire ($73.9M), Netherlands ($5.92M), Germany ($3.71M), Ghana ($3.35M), and Indonesia ($1.95M).

In 2018, the top importers of Cocoa Shells were United States ($53.4M), France ($8.52M), Poland ($5.28M), Malaysia ($4.67M), and Netherlands ($4.54M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): Cote d'Ivoire, $72.1M

Top Destination Growth (2017 - 2018): United States, $52.5M

Between 2017 and 2018, the exports of Cocoa Shells grew the fastest in Cote d'Ivoire ($72.1M), Nigeria ($1.59M), Ecuador ($316k), Dominican Republic ($219k), and Spain ($176k).

Between 2017 and 2018, the fastest growing importers of Cocoa Shells were United States ($52.5M), France ($6.57M), Poland ($4.89M), Indonesia ($2.98M), and Brazil ($2.96M).

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Market Concentration

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Cumulative market share

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

In 2018,  market concentration measured using Shannon Entropy, was 1.69. This means that most of the exports of Cocoa Shells are explained by 3 countries.

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TOP NET EXPORTER (2018): Cote d'Ivoire, $73.9M

TOP NET IMPORTER (2018): United States, $53.1M

This map shows which countries export or import more of Cocoa Shells. Each country is colored based on the difference in exports and imports of Cocoa Shells during 2018.

In 2018, the countries that had a largest trade value in exports than in imports of Cocoa Shells were Cote d'Ivoire ($73.9M), Ghana ($3.18M), Nigeria ($1.65M), Netherlands ($1.39M), and Germany ($1.23M).

In 2018, the countries that had a largest trade value in imports than in exports of Cocoa Shells were United States ($53.1M), France ($7.74M), Poland ($5.13M), Malaysia ($4.62M), and Brazil ($3.12M).

Trade Forecasts

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This section shows forecasts for total trade for Cocoa Shells. The forecast is based in a long short-term memory model or LSTM constructed using yearly trade data.

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Import Tariffs

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In 2018, the average tariff for importing Cocoa Shells was 7.01%.  The countries with the highest tariffs for importing Cocoa Shells were Tunisia (36%), Bahamas (35.7%), Sudan (35%), Sri Lanka (29.9%), and Cameroon (29.4%).

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Product Complexity

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Diversification Frontier

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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.