2022
Exports
$688kWorld Rnk 55 / 125
Flag Rnk 951 / 1208
2022
PRODUCT COMPLEXITY IN Cocoa Beans
-2.82Rnk 1025 / 1025
2022
Imports
$2.07MWorld Rnk 41 / 159
Flag Rnk 1021 / 1206
2022
ECONOMIC COMPLEXITY of Australia
-0.24Rnk 78 / 133

About

Exports In 2022, Australia exported $688k in Cocoa Beans, making it the 55th largest exporter of Cocoa Beans in the world. At the same year, Cocoa Beans was the 951st most exported product in Australia. The main destination of Cocoa Beans exports from Australia are: New Zealand ($590k), Japan ($54.5k), China ($31.8k), Thailand ($9.41k), and Fiji ($546).

The fastest growing export markets for Cocoa Beans of Australia between 2021 and 2022 were New Zealand ($552k), China ($8.69k), and Japan ($4.09k).

Imports In 2022, Australia imported $2.07M in Cocoa Beans, becoming the 41st largest importer of Cocoa Beans in the world. At the same year, Cocoa Beans was the 1021st most imported product in Australia. Australia imports Cocoa Beans primarily from: Peru ($612k), Ghana ($403k), Papua New Guinea ($224k), Ecuador ($125k), and Dominican Republic ($125k).

The fastest growing import markets in Cocoa Beans for Australia between 2021 and 2022 were Ghana ($145k), Dominican Republic ($113k), and Nicaragua ($75.3k).

Latest Trends

Sep 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

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

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

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

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Historical Data

Trade Balance

Color
EXPORTS (2022)$688k
IMPORTS (2022)$2.07M
NET TRADE (2022)-$1.38M

In 2022, Australia exported $688k in Cocoa Beans. The main destinations of Australia exports on Cocoa Beans were New Zealand ($590k), Japan ($54.5k), China ($31.8k), Thailand ($9.41k), and Fiji ($546).

In 2022, Australia imported $2.07M in Cocoa Beans, mainly from Peru ($612k), Ghana ($403k), Papua New Guinea ($224k), Ecuador ($125k), and Dominican Republic ($125k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cocoa Beans EXPORT MARKETS FOR Australia WERE (2021 - 2022):
New Zealand$552k (1.46k%)
China$8.69k (37.6%)
Japan$4.09k (8.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cocoa Beans BY Australia WERE (2021 - 2022):
France-$1.87k (-86.8%)
United States-$1.71k (-100%)
Singapore-$1.04k (-86.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Australia's main exporting competitors in Cocoa Beans were:
In 2022, Australia's main importing competitors in Cocoa Beans were:

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Trade Value of Cocoa Beans by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALJapan+ $44.7k
TOP IMPORT POTENTIALGhana+ $395k

Cocoa Beans’s highest export potential is Japan. With an export gap of $44.7k.   Cocoa Beans’s highest import potential is Ghana with an import gap of $395k.

See methodology.

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