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Cocoa; paste; whether or not defatted

1803 (Harmonized System 1992 for 4-digit)

2022
World Trade $4BRnk 609 / 1218
2022
Top Exporter | Top Importer $1.08B | $489MCote d'Ivoire | United States
2022
Product Complexity -0.66Rnk 748 / 1033
2021 - 2022
Export Growth (CAGR) -4.61%Rnk 1013 / 1218
2022
Share of World Trade 0.017%Rnk 609 / 1218

About

Overview This page contains the latest trade data of Cocoa Paste. In 2022, Cocoa Paste were the world's 609th most traded product, with a total trade of $4B. Between 2021 and 2022 the exports of Cocoa Paste decreased by -4.61%, from $4.19B to $4B. Trade in Cocoa Paste represent 0.017% of total world trade.

Cocoa Paste are a part of Cocoa & cocoa preparations. They include Cocoa Paste (Not Defatted) and Cocoa Paste (Defatted, Whole/Partly).

Exports In 2022 the top exporters of Cocoa Paste  were Cote d'Ivoire ($1.08B), Netherlands ($685M), Ghana ($450M), Germany ($314M), and Indonesia ($184M).

Imports In 2022 the top importers of Cocoa Paste were United States ($489M), Netherlands ($443M), Germany ($329M), Belgium ($313M), and France ($303M).

Ranking Cocoa Paste ranks 748th in the Product Complexity Index (PCI).

Description -

Latest Trends

Latest Data

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The following visualization shows the latest trends on Cocoa Paste. 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)Cote d'Ivoire$1.08B
Top Destination (2022)United States$489M

In 2022 Cocoa Paste were the world's 609th most traded product (out of 1,218).

In 2022, the top exporters of Cocoa Paste were Cote d'Ivoire ($1.08B), Netherlands ($685M), Ghana ($450M), Germany ($314M), and Indonesia ($184M).

In 2022, the top importers of Cocoa Paste were United States ($489M), Netherlands ($443M), Germany ($329M), Belgium ($313M), and France ($303M).

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Exporters of Cocoa Paste (2022)
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Importers of Cocoa Paste (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Indonesia$23.9M
Top Destination Growth (2021 -  2022)United States$91.3M

Between 2021 and 2022, the exports of Cocoa Paste grew the fastest in Indonesia ($23.9M), Singapore ($18M), Ecuador ($11.4M), France ($10.6M), and Canada ($9.21M).

Between 2021 and 2022, the fastest growing importers of Cocoa Paste were United States ($91.3M), Indonesia ($24.7M), Brazil ($23.2M), Canada ($22.7M), and Poland ($18.6M).

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Exporters of Cocoa Paste (2021 - 2022)

Importers of Cocoa Paste (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Cocoa Paste.

In 2022, market concentration measured using Shannon Entropy, was 3.68. This means that most of the exports of Cocoa Paste are explained by 12 countries.

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Value of Exports in Cocoa Paste

Net Trade

TOP NET EXPORTER (2022)Cote d'Ivoire$1.08B
TOP NET IMPORTER (2022)United States$440M

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

In 2022, the countries that had a largest trade value in exports than in imports of Cocoa Paste were Cote d'Ivoire ($1.08B), Ghana ($450M), Netherlands ($242M), Indonesia ($138M), and Cameroon ($108M).

In 2022, the countries that had a largest trade value in imports than in exports of Cocoa Paste were United States ($440M), Belgium ($231M), Spain ($183M), Poland ($160M), and Italy ($147M).

Net Trade (2022)

Disaggregation

Value

In 2022, the world most traded Cocoa Paste, disaggragated by their HS6 level were Cocoa Paste (Not Defatted) ($3.2B) and Cocoa Paste (Defatted, Whole/Partly) ($791M)

HS6 Disaggregation for Cocoa Paste (2022)
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Country Comparison

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Ranking

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

Top 10 Exporters Countries of Cocoa Paste by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALGermany+ $17M
TOP IMPORT POTENTIALFrance+ $685

Cocoa Paste’s highest export potential is Germany. With an export gap of $17M.  Cocoa Paste’s highest import potential is France with an import gap of $685.

See methodology.

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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)

Related Products

This visualization shows products that are likely to be exported by countries that export Cocoa Paste.

Country by Relatedness

The following visualization shows the relatedness of Cocoa Paste to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Relative Relatedness by Country (2022)

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