2022
Exports
$16MWorld Rnk 26 / 123
Flag Rnk 1055 / 1216
2022
PRODUCT COMPLEXITY IN Cocoa Butter
-1.34Rnk 920 / 1025
2022
Imports
$76.7MWorld Rnk 17 / 179
Flag Rnk 704 / 1212
2022
ECONOMIC COMPLEXITY of China
1.12Rnk 22 / 133

About

Exports In 2022, China exported $16M in Cocoa Butter, making it the 26th largest exporter of Cocoa Butter in the world. At the same year, Cocoa Butter was the 1055th most exported product in China. The main destination of Cocoa Butter exports from China are: Serbia ($4.75M), Estonia ($3.54M), Netherlands ($2.12M), United Kingdom ($1.88M), and Germany ($1.62M).

The fastest growing export markets for Cocoa Butter of China between 2021 and 2022 were Serbia ($3.83M), Netherlands ($2.12M), and Estonia ($1.59M).

Imports In 2022, China imported $76.7M in Cocoa Butter, becoming the 17th largest importer of Cocoa Butter in the world. At the same year, Cocoa Butter was the 704th most imported product in China. China imports Cocoa Butter primarily from: Indonesia ($36.5M), Malaysia ($25.6M), Singapore ($13.3M), Belgium ($1.1M), and United States ($81.2k).

The fastest growing import markets in Cocoa Butter for China between 2021 and 2022 were Singapore ($689k), Ecuador ($12.6k), and Cameroon ($6.92k).

COMPANIES In 2023, leading companies such as CrimsonLogic (4), Walgreens (2), and Amazon (1) were at the forefront of shipping Cocoa Butter from China to the United States.

Latest Trends

July 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$-1.47M(-65.9%)
IMPORT GROWTH (July 2023 - July 2024)$4.3M(68.6%)
MAIN EXPORTER (July 2024)Zhejiang Province$1.93M
MAIN DESTINATION (July 2024)Philippines$384k

This section shows Cocoa Butter'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 Butter over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$16M
IMPORTS (2022)$76.7M
NET TRADE (2022)-$60.8M

In 2022, China exported $16M in Cocoa Butter. The main destinations of China exports on Cocoa Butter were Serbia ($4.75M), Estonia ($3.54M), Netherlands ($2.12M), United Kingdom ($1.88M), and Germany ($1.62M).

In 2022, China imported $76.7M in Cocoa Butter, mainly from Indonesia ($36.5M), Malaysia ($25.6M), Singapore ($13.3M), Belgium ($1.1M), and United States ($81.2k).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cocoa Butter EXPORT MARKETS FOR China WERE (2021 - 2022):
Serbia$3.83M (414%)
Netherlands$2.12M (1%)
Estonia$1.59M (81.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cocoa Butter BY China WERE (2021 - 2022):
Germany-$7.99M (-83.1%)
Russia-$3.04M (-66.6%)
Belarus-$2.17M (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Cocoa Butter were:
In 2022, China's main importing competitors in Cocoa Butter were:

Explore Visualizations

Trade Value of Cocoa Butter by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $1.5M
TOP IMPORT POTENTIALMalaysia+ $7.9M

Cocoa Butter’s highest export potential is Germany. With an export gap of $1.5M.   Cocoa Butter’s highest import potential is Malaysia with an import gap of $7.9M.

See methodology.

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