2023
Exports
$565kWorld Rnk 46 / 128
Flag Rnk 902 / 1200
2023
PRODUCT COMPLEXITY IN Cocoa Butter
-1.34Rnk 911 / 1025
2023
Imports
$115MWorld Rnk 13 / 179
Flag Rnk 322 / 1186
2023
ECONOMIC COMPLEXITY of Russia
0.3Rnk 50 / 132

About

Exports In 2023, Russia exported $565k in Cocoa Butter, making it the 46th largest exporter of Cocoa Butter in the world. At the same year, Cocoa Butter was the 902nd most exported product in Russia. The main destination of Cocoa Butter exports from Russia are: Kazakhstan ($504k), Kyrgyzstan ($53.7k), Armenia ($5.99k), China ($508), and Netherlands ($320).

The fastest growing export markets for Cocoa Butter of Russia between 2022 and 2023 were Kazakhstan ($326k), Kyrgyzstan ($18.4k), and Uzbekistan ($274).

Imports In 2023, Russia imported $115M in Cocoa Butter, becoming the 13th largest importer of Cocoa Butter in the world. At the same year, Cocoa Butter was the 322nd most imported product in Russia. Russia imports Cocoa Butter primarily from: Estonia ($46.3M), Malaysia ($20.4M), Indonesia ($10.9M), Netherlands ($9.4M), and Turkey ($8.53M).

The fastest growing import markets in Cocoa Butter for Russia between 2022 and 2023 were Turkey ($6.67M), China ($4.68M), and Netherlands ($3.96M).

Latest Trends

Dec 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 Butter. 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 (2023)$565k
IMPORTS (2023)$115M
NET TRADE (2023)-$115M

In 2023, Russia exported $565k in Cocoa Butter. The main destinations of Russia exports on Cocoa Butter were Kazakhstan ($504k), Kyrgyzstan ($53.7k), Armenia ($5.99k), China ($508), and Netherlands ($320).

In 2023, Russia imported $115M in Cocoa Butter, mainly from Estonia ($46.3M), Malaysia ($20.4M), Indonesia ($10.9M), Netherlands ($9.4M), and Turkey ($8.53M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Cocoa Butter EXPORT MARKETS FOR Russia WERE (2022 - 2023):
Kazakhstan$326k (183%)
Kyrgyzstan$18.4k (52.2%)
Uzbekistan$274 (27.4k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cocoa Butter BY Russia WERE (2022 - 2023):
Armenia-$67.1k (-91.8%)
Lithuania-$20k (-100%)
Turkey-$2.13k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Russia's main exporting competitors in Cocoa Butter were:
In 2023, Russia's main importing competitors in Cocoa Butter were:

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Trade Value of Cocoa Butter by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALLithuania+ $11.3k
TOP IMPORT POTENTIALIndonesia+ $5.8M

Cocoa Butter’s highest export potential is Lithuania. With an export gap of $11.3k.   Cocoa Butter’s highest import potential is Indonesia with an import gap of $5.8M.

See methodology.

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