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2023
Exports $905kWorld Rnk 54 / 134
Flag Rnk 1184 / 1215
2023
Destination $701k Indonesia
2022 - 2023
FASTEST GROWING MARKET $701kIndonesia
2023
PRODUCT COMPLEXITY IN Cocoa Beans-2.94Rnk 1025 / 1025
2023
Imports $39MWorld Rnk 23 / 159
Flag Rnk 812 / 1214
2023
Origin $8.42M Ecuador
2022 - 2023
FASTEST GROWING ORIGIN $8.42MPapua New Guinea
2023
ECONOMIC COMPLEXITY of China1.16Rnk 21 / 132

About

Exports In 2023, China exported $905k in Cocoa Beans, making it the 54th largest exporter of Cocoa Beans in the world. At the same year, Cocoa Beans was the 1184th most exported product in China. The main destination of Cocoa Beans exports from China are: Indonesia ($701k), Cambodia ($146k), France ($19.7k), Italy ($19.1k), and Hong Kong ($7.83k).

The fastest growing export markets for Cocoa Beans of China between 2022 and 2023 were Indonesia ($701k), Cambodia ($146k), and France ($19.4k).

Imports In 2023, China imported $39M in Cocoa Beans, becoming the 23rd largest importer of Cocoa Beans in the world. At the same year, Cocoa Beans was the 812th most imported product in China. China imports Cocoa Beans primarily from: Ecuador ($14.7M), Togo ($11M), Papua New Guinea ($8.42M), Ghana ($4.38M), and Madagascar ($153k).

The fastest growing import markets in Cocoa Beans for China between 2022 and 2023 were Papua New Guinea ($8.42M), Togo ($5.34M), and Ghana ($1.58M).

Latest Trends

December 2024

About

Overview In December 2024 China's Cocoa Beans exports accounted up to $5.51k and imports accounted up to $3.88M, resulting in a negative trade balance of $3.88M. Between November 2020 and December 2024 the exports of China's   Cocoa Beans have increased by $1.06k (23.7%) from $4.45k to $5.51k, while imports decreased by $-2.5M (-39.2%) from $6.39M to $3.88M.

Destinations In December 2024, Cocoa Beans were exported mostly to United States ($5.51k), and were imported mostly from Togo ($2.48M), Papua New Guinea ($1.3M), Madagascar ($102k), Ecuador ($636), and Cote d'Ivoire ($93).

Growth In December 2024, the increase in Cocoa Beans's year-by-year exports was explained primarily by an increase in exports to . In December 2024, the decrease in Cocoa Beans's year-by-year imports was explained primarily by a decrease in imports from Togo ($-729k or -33.4%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2020 - December 2024)$1.06k(23.7%)
IMPORT GROWTH (December 2023 - December 2024)$-2.5M(-39.2%)
MAIN EXPORTER (December 2024)Shanghai Province$5.51k
MAIN DESTINATION (December 2024)United States$5.51k

This section shows Cocoa Beans's exports and imports data at subnational level for China. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Cocoa Beans over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$905k
IMPORTS (2023)$39M
NET TRADE (2023)-$38.1M

In 2023, China exported $905k in Cocoa Beans. The main destinations of China exports on Cocoa Beans were Indonesia ($701k), Cambodia ($146k), France ($19.7k), Italy ($19.1k), and Hong Kong ($7.83k).

In 2023, China imported $39M in Cocoa Beans, mainly from Ecuador ($14.7M), Togo ($11M), Papua New Guinea ($8.42M), Ghana ($4.38M), and Madagascar ($153k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Cocoa Beans EXPORT MARKETS FOR China WERE (2022 - 2023):
Indonesia$701k (1%)
Cambodia$146k (1%)
France$19.4k (8.23k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cocoa Beans BY China WERE (2022 - 2023):
Serbia-$169k (-100%)
Italy-$103k (-84.4%)
Hong Kong-$42.4k (-84.4%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, China's main exporting competitors in Cocoa Beans were:
Cote d'Ivoire $3.68B
Ecuador $1.14B
Ghana $1.09B
In 2023, China's main importing competitors in Cocoa Beans were:
Netherlands $2.21B
Malaysia $1.42B
Germany $867M

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Trade Value of Cocoa Beans by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALItaly+ $82.7k
TOP IMPORT POTENTIALGhana+ $3.6M

Cocoa Beans’s highest export potential is Italy. With an export gap of $82.7k.   Cocoa Beans’s highest import potential is Ghana with an import gap of $3.6M.

See methodology.

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