Cocoa Beans in China | The Observatory of Economic Complexity

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Exports In 2022, China exported $352k in Cocoa Beans, making it the 62nd largest exporter of Cocoa Beans in the world. At the same year, Cocoa Beans was the 1200th most exported product in China. The main destination of Cocoa Beans exports from China are: Serbia ($169k), Italy ($114k), Hong Kong ($42.9k), Belgium ($8.5k), and Australia ($5.69k).

The fastest growing export markets for Cocoa Beans of China between 2021 and 2022 were Serbia ($169k), Italy ($90.2k), and Hong Kong ($42k).

Imports In 2022, China imported $24.9M in Cocoa Beans, becoming the 25th largest importer of Cocoa Beans in the world. At the same year, Cocoa Beans was the 896th most imported product in China. China imports Cocoa Beans primarily from: Ecuador ($15.8M), Togo ($5.67M), Ghana ($2.67M), Cote d'Ivoire ($369k), and Cameroon ($97.2k).

The fastest growing import markets in Cocoa Beans for China between 2021 and 2022 were Ecuador ($13.3M), Togo ($1.18M), and Cameroon ($96.2k).

Latest Trends

November 2023

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Overview In November 2023 China's Cocoa Beans exports accounted up to $5.32k and imports accounted up to $4.47M, resulting in a negative trade balance of $4.46M. Between June 2019 and November 2023 the exports of China's Cocoa Beans have increased by $832 (18.6%) from $4.49k to $5.32k, while imports increased by $134k (3.1%) from $4.33M to $4.47M.

Destinations In November 2023, Cocoa Beans were exported mostly to , and were imported mostly from Togo ($3.23M), Ecuador ($619k), Papua New Guinea ($584k), Tanzania ($17.9k), and Ghana ($14.7k).

Growth In November 2023, the increase in Cocoa Beans's year-by-year exports was explained primarily by an increase in exports to . In March 2024, the increase in Cocoa Beans's year-by-year imports was explained primarily by an increase in imports from Togo ($1.14M or 109%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (June 2019 - November 2023)$832(18.6%)

IMPORT GROWTH (March 2023 - March 2024)$134k(3.1%)

MAIN EXPORTER (November 2023)

MAIN DESTINATION (November 2023)

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

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$352k

IMPORTS (2022)$24.9M

NET TRADE (2022)-$24.5M

In 2022, China exported $352k in Cocoa Beans. The main destinations of China exports on Cocoa Beans were Serbia ($169k), Italy ($114k), Hong Kong ($42.9k), Belgium ($8.5k), and Australia ($5.69k).

In 2022, China imported $24.9M in Cocoa Beans, mainly from Ecuador ($15.8M), Togo ($5.67M), Ghana ($2.67M), Cote d'Ivoire ($369k), and Cameroon ($97.2k).

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