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Pricing

Cocoa; paste; whether or not defatted

1803 (Harmonized System 1992 for 4-digit)

2023
World Trade $4.47BRnk 576 / 1217
2023
Top Exporter | Top Importer $1.32B | $560MCote d'Ivoire | United States
2023
Product Complexity -0.95Rnk 841 / 1044
2022 - 2023
Export Growth (CAGR) 12%Rnk 130 / 1217
2023
Share of World Trade 0.02%Rnk 576 / 1217

About

Overview This page contains the latest trade data of Cocoa Paste. In 2023, Cocoa Paste were the world's 576th most traded product, with a total trade of $4.47B. Between 2022 and 2023 the exports of Cocoa Paste grew by 12%, from $3.99B to $4.47B. Trade in Cocoa Paste represent 0.02% 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 2023 the top exporters of Cocoa Paste  were Cote d'Ivoire ($1.32B), Netherlands ($781M), Ghana ($440M), Germany ($269M), and France ($185M).

Imports In 2023 the top importers of Cocoa Paste were United States ($560M), Germany ($452M), Netherlands ($405M), Belgium ($369M), and France ($307M).

Ranking Cocoa Paste ranks 841st 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 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.

Explore Latest Trends

* 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 (2023)Cote d'Ivoire$1.32B
Top Destination (2023)United States$560M

In 2023 Cocoa Paste were the world's 576th most traded product (out of 1,217).

In 2023, the top exporters of Cocoa Paste were Cote d'Ivoire ($1.32B), Netherlands ($781M), Ghana ($440M), Germany ($269M), and France ($185M).

In 2023, the top importers of Cocoa Paste were United States ($560M), Germany ($452M), Netherlands ($405M), Belgium ($369M), and France ($307M).

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Exporters of Cocoa Paste (2023)
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Importers of Cocoa Paste (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Netherlands$169M
Top Destination Growth (2022 -  2023)Germany$126M

Between 2022 and 2023, the exports of Cocoa Paste grew the fastest in Netherlands ($169M), Cote d'Ivoire ($151M), Nigeria ($53.6M), Belgium ($22.7M), and United Kingdom ($21M).

Between 2022 and 2023, the fastest growing importers of Cocoa Paste were Germany ($126M), Malaysia ($50.6M), France ($48.9M), Spain ($48M), and United States ($44.5M).

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Exporters of Cocoa Paste (2022 - 2023)

Importers of Cocoa Paste (2022 - 2023)

Market Concentration

Value

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

In 2023, market concentration measured using Shannon Entropy, was 3.65. 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 (2023)Cote d'Ivoire$1.32B
TOP NET IMPORTER (2023)United States$522M

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 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Cocoa Paste were Cote d'Ivoire ($1.32B), Ghana ($440M), Netherlands ($376M), Indonesia ($154M), and Cameroon ($128M).

In 2023, the countries that had a largest trade value in imports than in exports of Cocoa Paste were United States ($522M), Belgium ($268M), Spain ($223M), Germany ($183M), and Poland ($177M).

Net Trade (2023)

Disaggregation

Value

In 2023, the world most traded Cocoa Paste, disaggragated by their HS6 level were Cocoa Paste (Not Defatted) ($3.67B) and Cocoa Paste (Defatted, Whole/Partly) ($804M)

HS6 Disaggregation for Cocoa Paste (2023)
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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 (2023)

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 (2023)

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