2023
Exports
$1.65MWorld Rnk 40 / 153
Flag Rnk 805 / 1208
2023
PRODUCT COMPLEXITY IN Cocoa Powder
-0.7Rnk 759 / 1025
2023
Imports
$50.5MWorld Rnk 22 / 214
Flag Rnk 455 / 1207
2023
ECONOMIC COMPLEXITY of Australia
-0.28Rnk 75 / 132

About

Exports In 2023, Australia exported $1.65M in Cocoa Powder, making it the 40th largest exporter of Cocoa Powder in the world. At the same year, Cocoa Powder was the 805th most exported product in Australia. The main destination of Cocoa Powder exports from Australia are: New Zealand ($714k), Fiji ($488k), Singapore ($114k), Japan ($105k), and Saudi Arabia ($57.1k).

The fastest growing export markets for Cocoa Powder of Australia between 2022 and 2023 were Fiji ($264k), Saudi Arabia ($56.2k), and Japan ($40.5k).

Imports In 2023, Australia imported $50.5M in Cocoa Powder, becoming the 22nd largest importer of Cocoa Powder in the world. At the same year, Cocoa Powder was the 455th most imported product in Australia. Australia imports Cocoa Powder primarily from: Indonesia ($14.1M), Malaysia ($13.7M), Netherlands ($7.67M), Singapore ($5.19M), and Canada ($4.09M).

The fastest growing import markets in Cocoa Powder for Australia between 2022 and 2023 were Indonesia ($2.46M), Netherlands ($779k), and Canada ($729k).

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 Powder. 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)$1.65M
IMPORTS (2023)$50.5M
NET TRADE (2023)-$48.9M

In 2023, Australia exported $1.65M in Cocoa Powder. The main destinations of Australia exports on Cocoa Powder were New Zealand ($714k), Fiji ($488k), Singapore ($114k), Japan ($105k), and Saudi Arabia ($57.1k).

In 2023, Australia imported $50.5M in Cocoa Powder, mainly from Indonesia ($14.1M), Malaysia ($13.7M), Netherlands ($7.67M), Singapore ($5.19M), and Canada ($4.09M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Cocoa Powder EXPORT MARKETS FOR Australia WERE (2022 - 2023):
Fiji$264k (118%)
Saudi Arabia$56.2k (6.81k%)
Japan$40.5k (62.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cocoa Powder BY Australia WERE (2022 - 2023):
Papua New Guinea-$361k (-95.6%)
New Zealand-$150k (-17.4%)
Singapore-$57.8k (-33.6%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Australia's main exporting competitors in Cocoa Powder were:
In 2023, Australia's main importing competitors in Cocoa Powder were:

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Trade Value of Cocoa Powder by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $105k
TOP IMPORT POTENTIALGhana+ $787k

Cocoa Powder’s highest export potential is United States. With an export gap of $105k.   Cocoa Powder’s highest import potential is Ghana with an import gap of $787k.

See methodology.

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