2022
Exports
$97.5MWorld Rnk 10 / 105
Flag Rnk 227 / 1198
2022
PRODUCT COMPLEXITY IN Cocoa Paste
-0.8Rnk 779 / 1025
2022
Imports
$78.3MWorld Rnk 13 / 169
Flag Rnk 373 / 1213
2022
ECONOMIC COMPLEXITY of Singapore
1.68Rnk 6 / 133

About

Exports In 2022, Singapore exported $97.5M in Cocoa Paste, making it the 10th largest exporter of Cocoa Paste in the world. At the same year, Cocoa Paste was the 227th most exported product in Singapore. The main destination of Cocoa Paste exports from Singapore are: Australia ($45.1M), Indonesia ($16.7M), Malaysia ($13.5M), Israel ($10.9M), and China ($4.22M).

The fastest growing export markets for Cocoa Paste of Singapore between 2021 and 2022 were Indonesia ($13.5M), Malaysia ($3.17M), and Israel ($2.71M).

Imports In 2022, Singapore imported $78.3M in Cocoa Paste, becoming the 13th largest importer of Cocoa Paste in the world. At the same year, Cocoa Paste was the 373rd most imported product in Singapore. Singapore imports Cocoa Paste primarily from: Malaysia ($33.1M), Indonesia ($22.5M), Netherlands ($10.2M), Ghana ($6.71M), and Cote d'Ivoire ($4.62M).

The fastest growing import markets in Cocoa Paste for Singapore between 2021 and 2022 were Indonesia ($19.3M), Cote d'Ivoire ($1.38M), and Germany ($450k).

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 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 (2022)$97.5M
IMPORTS (2022)$78.3M
NET TRADE (2022)$19.3M

In 2022, Singapore exported $97.5M in Cocoa Paste. The main destinations of Singapore exports on Cocoa Paste were Australia ($45.1M), Indonesia ($16.7M), Malaysia ($13.5M), Israel ($10.9M), and China ($4.22M).

In 2022, Singapore imported $78.3M in Cocoa Paste, mainly from Malaysia ($33.1M), Indonesia ($22.5M), Netherlands ($10.2M), Ghana ($6.71M), and Cote d'Ivoire ($4.62M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cocoa Paste EXPORT MARKETS FOR Singapore WERE (2021 - 2022):
Indonesia$13.5M (423%)
Malaysia$3.17M (30.7%)
Israel$2.71M (33.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cocoa Paste BY Singapore WERE (2021 - 2022):
India-$923k (-68.2%)
Australia-$693k (-1.51%)
Thailand-$577k (-58.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Cocoa Paste by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $1.57M
TOP IMPORT POTENTIALCote d'Ivoire+ $3.82M

Cocoa Paste’s highest export potential is China. With an export gap of $1.57M.   Cocoa Paste’s highest import potential is Cote d'Ivoire with an import gap of $3.82M.

See methodology.

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