2023
Exports
$2.33MWorld Rnk 33 / 107
Flag Rnk 941 / 1209
2023
PRODUCT COMPLEXITY IN Cocoa Paste
-0.83Rnk 788 / 1025
2023
Imports
$68.1MWorld Rnk 18 / 167
Flag Rnk 644 / 1209
2023
ECONOMIC COMPLEXITY of Japan
2.07Rnk 1 / 132

About

Exports In 2023, Japan exported $2.33M in Cocoa Paste, making it the 33rd largest exporter of Cocoa Paste in the world. At the same year, Cocoa Paste was the 941st most exported product in Japan. The main destination of Cocoa Paste exports from Japan are: China ($2.17M), Bulgaria ($60.8k), Chinese Taipei ($49.2k), South Korea ($49.1k), and Malaysia ($1.81k).

The fastest growing export markets for Cocoa Paste of Japan between 2022 and 2023 were China ($660k), Bulgaria ($60.8k), and South Korea ($36.5k).

Imports In 2023, Japan imported $68.1M in Cocoa Paste, becoming the 18th largest importer of Cocoa Paste in the world. At the same year, Cocoa Paste was the 644th most imported product in Japan. Japan imports Cocoa Paste primarily from: Malaysia ($32.9M), Ghana ($18.3M), Ecuador ($7.31M), Cote d'Ivoire ($3.09M), and Indonesia ($2.21M).

The fastest growing import markets in Cocoa Paste for Japan between 2022 and 2023 were Malaysia ($9.01M), Ecuador ($1.36M), and Ghana ($1.12M).

COMPANIES In 2023, leading companies such as Wismettac Asian Foods (47) were at the forefront of shipping Cocoa Paste from Japan to the United States.

Latest Trends

November 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)¥16.2M(51.4%)
IMPORT GROWTH (November 2023 - November 2024)¥1.32B(124%)
MAIN EXPORTER (November 2024)Hyōgo¥68.7M
MAIN DESTINATION (November 2024)China¥47.8M

This section shows Cocoa Paste's exports and imports data at subnational level for Japan. 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 Paste over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$2.33M
IMPORTS (2023)$68.1M
NET TRADE (2023)-$65.7M

In 2023, Japan exported $2.33M in Cocoa Paste. The main destinations of Japan exports on Cocoa Paste were China ($2.17M), Bulgaria ($60.8k), Chinese Taipei ($49.2k), South Korea ($49.1k), and Malaysia ($1.81k).

In 2023, Japan imported $68.1M in Cocoa Paste, mainly from Malaysia ($32.9M), Ghana ($18.3M), Ecuador ($7.31M), Cote d'Ivoire ($3.09M), and Indonesia ($2.21M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Cocoa Paste EXPORT MARKETS FOR Japan WERE (2022 - 2023):
China$660k (43.8%)
Bulgaria$60.8k (1%)
South Korea$36.5k (290%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cocoa Paste BY Japan WERE (2022 - 2023):
Malaysia-$145k (-98.8%)
Ghana-$59.9k (-100%)
Spain-$107 (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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

Explore Visualizations

Trade Value of Cocoa Paste by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $259k
TOP IMPORT POTENTIALCote d'Ivoire+ $3.13M

Cocoa Paste’s highest export potential is China. With an export gap of $259k.   Cocoa Paste’s highest import potential is Cote d'Ivoire with an import gap of $3.13M.

See methodology.

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