2022
Exports
$114MWorld Rnk 8 / 147
Flag Rnk 11 / 885
2022
PRODUCT COMPLEXITY IN Cocoa Powder
-0.69Rnk 755 / 1025
2022
Imports
$138kWorld Rnk 145 / 215
Flag Rnk 875 / 1129
2022
ECONOMIC COMPLEXITY of Ghana
-1.32Rnk 122 / 133

About

Exports In 2022, Ghana exported $114M in Cocoa Powder, making it the 8th largest exporter of Cocoa Powder in the world. At the same year, Cocoa Powder was the 11th most exported product in Ghana. The main destination of Cocoa Powder exports from Ghana are: Netherlands ($55.2M), United States ($18.1M), China ($6.31M), Italy ($5.43M), and Ukraine ($4.24M).

The fastest growing export markets for Cocoa Powder of Ghana between 2021 and 2022 were Italy ($3.61M), Brazil ($1.61M), and Morocco ($1.58M).

Imports In 2022, Ghana imported $138k in Cocoa Powder, becoming the 145th largest importer of Cocoa Powder in the world. At the same year, Cocoa Powder was the 875th most imported product in Ghana. Ghana imports Cocoa Powder primarily from: Germany ($54.5k), Malaysia ($51.8k), Indonesia ($18k), Italy ($6.22k), and Cote d'Ivoire ($3.28k).

The fastest growing import markets in Cocoa Powder for Ghana between 2021 and 2022 were Germany ($54.5k), Malaysia ($51.8k), and Indonesia ($18k).

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 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 (2022)$114M
IMPORTS (2022)$138k
NET TRADE (2022)$114M

In 2022, Ghana exported $114M in Cocoa Powder. The main destinations of Ghana exports on Cocoa Powder were Netherlands ($55.2M), United States ($18.1M), China ($6.31M), Italy ($5.43M), and Ukraine ($4.24M).

In 2022, Ghana imported $138k in Cocoa Powder, mainly from Germany ($54.5k), Malaysia ($51.8k), Indonesia ($18k), Italy ($6.22k), and Cote d'Ivoire ($3.28k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cocoa Powder EXPORT MARKETS FOR Ghana WERE (2021 - 2022):
Italy$3.61M (198%)
Brazil$1.61M (237%)
Morocco$1.58M (202%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cocoa Powder BY Ghana WERE (2021 - 2022):
Russia-$18.1M (-100%)
Ukraine-$2.17M (-33.9%)
Netherlands-$1.79M (-3.15%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Ghana's main exporting competitors in Cocoa Powder were:
In 2022, Ghana's main importing competitors in Cocoa Powder were:

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Trade Value of Cocoa Powder by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $7.26M
TOP IMPORT POTENTIALMalaysia+ $31.6k

Cocoa Powder’s highest export potential is United States. With an export gap of $7.26M.   Cocoa Powder’s highest import potential is Malaysia with an import gap of $31.6k.

See methodology.

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