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Cocoa butter, fat, oil

180400 (Harmonized System 1992 for 6-digit)

2022
World Trade $5.38BRnk 714 / 4648
2022
Top Exporter | Top Importer $1.37B | $710MNetherlands | Germany
2022
Product Complexity -1.45Rnk 4228 / 4653
2021 - 2022
Export Growth (CAGR) -6.13%Rnk 3666 / 4648
2022
Share of World Trade 0.023%Rnk 714 / 4648

About

Overview This page contains the latest trade data of Cocoa Butter/Fat/Oil. In 2022, Cocoa Butter/Fat/Oil were the world's 714th most traded product, with a total trade of $5.38B. Between 2021 and 2022 the exports of Cocoa Butter/Fat/Oil decreased by -6.13%, from $5.73B to $5.38B. Trade in Cocoa Butter/Fat/Oil represent 0.023% of total world trade.

Cocoa Butter/Fat/Oil are a part of Cocoa Butter.

Exports In 2022 the top exporters of Cocoa Butter/Fat/Oil  were Netherlands ($1.37B), Indonesia ($669M), Malaysia ($617M), Cote d'Ivoire ($505M), and Germany ($459M).

Imports In 2022 the top importers of Cocoa Butter/Fat/Oil were Germany ($710M), United States ($598M), Belgium ($513M), Netherlands ($469M), and France ($362M).

Ranking Cocoa Butter/Fat/Oil ranks 4228th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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Y-AXIS SCALE

The following visualization shows the latest trends on Cocoa Butter/Fat/Oil. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

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* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2022)Netherlands$1.37B
Top Destination (2022)Germany$710M

In 2022 Cocoa Butter/Fat/Oil were the world's 714th most traded product (out of 4,648).

In 2022, the top exporters of Cocoa Butter/Fat/Oil were Netherlands ($1.37B), Indonesia ($669M), Malaysia ($617M), Cote d'Ivoire ($505M), and Germany ($459M).

In 2022, the top importers of Cocoa Butter/Fat/Oil were Germany ($710M), United States ($598M), Belgium ($513M), Netherlands ($469M), and France ($362M).

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Exporters of Cocoa Butter/Fat/Oil (2022)
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Importers of Cocoa Butter/Fat/Oil (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Cote d'Ivoire$46.2M
Top Destination Growth (2021 -  2022)United States$60.1M

Between 2021 and 2022, the exports of Cocoa Butter/Fat/Oil grew the fastest in Cote d'Ivoire ($46.2M), Cameroon ($29.5M), Bulgaria ($15.1M), Switzerland ($9.31M), and Nigeria ($8.34M).

Between 2021 and 2022, the fastest growing importers of Cocoa Butter/Fat/Oil were United States ($60.1M), Netherlands ($35.2M), Singapore ($20.3M), Argentina ($11.8M), and Indonesia ($11.2M).

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Exporters of Cocoa Butter/Fat/Oil (2021 - 2022)

Importers of Cocoa Butter/Fat/Oil (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Cocoa Butter/Fat/Oil.

In 2022, market concentration measured using Shannon Entropy, was 3.69. This means that most of the exports of Cocoa Butter/Fat/Oil are explained by 12 countries.

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Value of Exports in Cocoa Butter/Fat/Oil

Net Trade

TOP NET EXPORTER (2022)Netherlands$896M
TOP NET IMPORTER (2022)United States$503M

This map shows which countries export or import more of Cocoa Butter/Fat/Oil. Each country is colored based on the difference in exports and imports of Cocoa Butter/Fat/Oil during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Cocoa Butter/Fat/Oil were Netherlands ($896M), Indonesia ($651M), Malaysia ($590M), Cote d'Ivoire ($503M), and Ghana ($268M).

In 2022, the countries that had a largest trade value in imports than in exports of Cocoa Butter/Fat/Oil were United States ($503M), Belgium ($482M), Poland ($299M), Germany ($251M), and Italy ($230M).

Net Trade (2022)

Country Comparison

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Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Cocoa Butter/Fat/Oil.
It is possible to select the main countries that export or import Cocoa Butter/Fat/Oil in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Cocoa Butter/Fat/Oil by percentage of total exports

Product Complexity

Diversification Frontier

Specialization

The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.

Relatedness vs Country Complexity (2022)

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