2023
Exports
$440MWorld Rnk 3 / 107
Flag Rnk 5 / 1037
2023
PRODUCT COMPLEXITY IN Cocoa Paste
-0.83Rnk 788 / 1025
2023
Imports
$2.58kWorld Rnk 136 / 167
Flag Rnk 1123 / 1177
2023
ECONOMIC COMPLEXITY of Ghana
-0.97Rnk 109 / 132

About

Exports In 2023, Ghana exported $440M in Cocoa Paste, making it the 3rd largest exporter of Cocoa Paste in the world. At the same year, Cocoa Paste was the 5th most exported product in Ghana. The main destination of Cocoa Paste exports from Ghana are: United States ($68.7M), Netherlands ($65.9M), Poland ($41.8M), Spain ($31.2M), and Estonia ($18.7M).

The fastest growing export markets for Cocoa Paste of Ghana between 2022 and 2023 were China ($5.9M), Estonia ($5.75M), and Brazil ($4.18M).

Imports In 2023, Ghana imported $2.58k in Cocoa Paste, becoming the 136th largest importer of Cocoa Paste in the world. At the same year, Cocoa Paste was the 1123rd most imported product in Ghana. Ghana imports Cocoa Paste primarily from: China ($2.09k), Cote d'Ivoire ($321), United Arab Emirates ($96), and Estonia ($70).

The fastest growing import markets in Cocoa Paste for Ghana between 2022 and 2023 were China ($2.09k), Cote d'Ivoire ($321), and United Arab Emirates ($96).

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 Paste. 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)$440M
IMPORTS (2023)$2.58k
NET TRADE (2023)$440M

In 2023, Ghana exported $440M in Cocoa Paste. The main destinations of Ghana exports on Cocoa Paste were United States ($68.7M), Netherlands ($65.9M), Poland ($41.8M), Spain ($31.2M), and Estonia ($18.7M).

In 2023, Ghana imported $2.58k in Cocoa Paste, mainly from China ($2.09k), Cote d'Ivoire ($321), United Arab Emirates ($96), and Estonia ($70).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Cocoa Paste EXPORT MARKETS FOR Ghana WERE (2022 - 2023):
China$5.9M (49.8%)
Estonia$5.75M (44.6%)
Brazil$4.18M (103%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cocoa Paste BY Ghana WERE (2022 - 2023):
Netherlands-$32.8M (-33.3%)
United States-$18.8M (-21.4%)
Belgium-$6.74M (-88.8%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Ghana's main exporting competitors in Cocoa Paste were:
In 2023, Ghana's main importing competitors in Cocoa Paste were:

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Trade Value of Cocoa Paste by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $21.7M
TOP IMPORT POTENTIALCote d'Ivoire+ $1.57k

Cocoa Paste’s highest export potential is United States. With an export gap of $21.7M.   Cocoa Paste’s highest import potential is Cote d'Ivoire with an import gap of $1.57k.

See methodology.

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