Overview:  This page contains the latest trade data of Cocoa Paste. In 2019, Cocoa Paste were the world's 601st most traded product, with a total trade of $3.35B. Between 2018 and 2019 the exports of Cocoa Paste grew by 4.56%, from $3.21B to $3.35B. Trade in Cocoa Paste represent 0.019% of total world trade.

Exports: In 2019 the top exporters of Cocoa Paste  were Cote d'Ivoire ($795M), Netherlands ($574M), Ghana ($504M), Germany ($287M), and France ($182M).

Imports: In 2019 the top importers of Cocoa Paste were Netherlands ($417M), France ($330M), Belgium ($288M), United States ($276M), and Germany ($244M).

Tariffs: In 2018 the average tariff for Cocoa Paste was 8.76%, making it the 492nd lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Cocoa Paste are Tunisia (36%), Bahamas (35.7%), Cambodia (35%), Sudan (35%), and Sri Lanka (29.9%). The countries with the lowest tariffs are Egypt (0%), Kenya (0%), Mauritius (0%), Rwanda (0%), and Tanzania (0%).

Ranking: Cocoa Paste ranks 706th in the Product Complexity Index (PCI).

Historical Data

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Exporters and Importers

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Trade By Country

Top Origin (2019): Cote d'Ivoire, $795M

Top Destination (2019): Netherlands, $417M

Cocoa Paste are the world's 601st most traded product.

In 2019, the top exporters of Cocoa Paste were Cote d'Ivoire ($795M), Netherlands ($574M), Ghana ($504M), Germany ($287M), and France ($182M).

In 2019, the top importers of Cocoa Paste were Netherlands ($417M), France ($330M), Belgium ($288M), United States ($276M), and Germany ($244M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2018 -  2019): Cote d'Ivoire, $107M

Top Destination Growth (2018 - 2019): United States, $91.3M

Between 2018 and 2019, the exports of Cocoa Paste grew the fastest in Cote d'Ivoire ($107M), France ($50.3M), Ghana ($16.3M), Malaysia ($15.7M), and Ecuador ($14.1M).

Between 2018 and 2019, the fastest growing importers of Cocoa Paste were United States ($91.3M), Spain ($62.9M), Netherlands ($35.1M), France ($18.9M), and Turkey ($13.7M).

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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 Paste.

In 2019,  market concentration measured using Shannon Entropy, was 3.66. This means that most of the exports of Cocoa Paste are explained by 12 countries.

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TOP NET EXPORTER (2019): Cote d'Ivoire, $795M

TOP NET IMPORTER (2019): United States, $222M

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 2019.

In 2019, the countries that had a largest trade value in exports than in imports of Cocoa Paste were Cote d'Ivoire ($795M), Ghana ($504M), Netherlands ($157M), Indonesia ($136M), and Cameroon ($53.4M).

In 2019, the countries that had a largest trade value in imports than in exports of Cocoa Paste were United States ($222M), Belgium ($204M), Poland ($158M), France ($148M), and Spain ($117M).

Disaggregation

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Value

In 2019, the world most traded Cocoa Paste, disaggragated by their HS6 level were Cocoa paste not defatted ($2.85B) and Cocoa paste wholly or partly defatted ($505M)

Import Tariffs

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In 2018, the average tariff for importing Cocoa Paste was 8.76%. The countries with the highest tariffs for importing Cocoa Paste were Tunisia (36%), Bahamas (35.7%), Cambodia (35%), Sudan (35%), and Sri Lanka (29.9%).

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 Paste to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.