2022
Exports
$153MWorld Rnk 8 / 123
Flag Rnk 186 / 1198
2022
PRODUCT COMPLEXITY IN Cocoa Butter
-1.34Rnk 920 / 1025
2022
Imports
$53.5MWorld Rnk 19 / 179
Flag Rnk 447 / 1213
2022
ECONOMIC COMPLEXITY of Singapore
1.68Rnk 6 / 133

About

Exports In 2022, Singapore exported $153M in Cocoa Butter, making it the 8th largest exporter of Cocoa Butter in the world. At the same year, Cocoa Butter was the 186th most exported product in Singapore. The main destination of Cocoa Butter exports from Singapore are: Australia ($31.3M), Israel ($19.1M), Netherlands ($15.8M), China ($13.3M), and Japan ($8.75M).

The fastest growing export markets for Cocoa Butter of Singapore between 2021 and 2022 were Netherlands ($8.77M), Israel ($7.74M), and Estonia ($7.42M).

Imports In 2022, Singapore imported $53.5M in Cocoa Butter, becoming the 19th largest importer of Cocoa Butter in the world. At the same year, Cocoa Butter was the 447th most imported product in Singapore. Singapore imports Cocoa Butter primarily from: Malaysia ($34.9M), Indonesia ($17M), France ($637k), Netherlands ($431k), and United Arab Emirates ($237k).

The fastest growing import markets in Cocoa Butter for Singapore between 2021 and 2022 were Indonesia ($15.4M), Malaysia ($5.16M), and France ($616k).

Latest Trends

Oct 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 (2022)$153M
IMPORTS (2022)$53.5M
NET TRADE (2022)$99.4M

In 2022, Singapore exported $153M in Cocoa Butter. The main destinations of Singapore exports on Cocoa Butter were Australia ($31.3M), Israel ($19.1M), Netherlands ($15.8M), China ($13.3M), and Japan ($8.75M).

In 2022, Singapore imported $53.5M in Cocoa Butter, mainly from Malaysia ($34.9M), Indonesia ($17M), France ($637k), Netherlands ($431k), and United Arab Emirates ($237k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cocoa Butter EXPORT MARKETS FOR Singapore WERE (2021 - 2022):
Netherlands$8.77M (126%)
Israel$7.74M (68%)
Estonia$7.42M (1.41k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cocoa Butter BY Singapore WERE (2021 - 2022):
Russia-$15.7M (-79.2%)
Malaysia-$8.3M (-55.7%)
United States-$5.52M (-85.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Cocoa Butter by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $1.5M
TOP IMPORT POTENTIALIndonesia+ $826k

Cocoa Butter’s highest export potential is United States. With an export gap of $1.5M.   Cocoa Butter’s highest import potential is Indonesia with an import gap of $826k.

See methodology.

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