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Cocoa; powder, not containing added sugar or other sweetening matter

1805 (Harmonized System 1992 for 4-digit)

2023
World Trade $3.46BRnk 637 / 1217
2023
Top Exporter | Top Importer $933M | $388MNetherlands | United States
2023
Product Complexity -0.56Rnk 738 / 1044
2022 - 2023
Export Growth (CAGR) 7.04%Rnk 203 / 1217
2023
Share of World Trade 0.015%Rnk 637 / 1217

About

Overview This page contains the latest trade data of Cocoa Powder. In 2023, Cocoa Powder were the world's 637th most traded product, with a total trade of $3.46B. Between 2022 and 2023 the exports of Cocoa Powder grew by 7.04%, from $3.23B to $3.46B. Trade in Cocoa Powder represent 0.015% of total world trade.

Cocoa Powder are a part of Cocoa & cocoa preparations. They include Unsweetened Cocoa Powder.

Exports In 2023 the top exporters of Cocoa Powder  were Netherlands ($933M), Malaysia ($462M), Germany ($360M), Indonesia ($315M), and Spain ($220M).

Imports In 2023 the top importers of Cocoa Powder were United States ($388M), Netherlands ($197M), China ($175M), Russia ($155M), and France ($140M).

Ranking Cocoa Powder ranks 738th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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The following visualization shows the latest trends on Cocoa Powder. 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 (2023)Netherlands$933M
Top Destination (2023)United States$388M

In 2023 Cocoa Powder were the world's 637th most traded product (out of 1,217).

In 2023, the top exporters of Cocoa Powder were Netherlands ($933M), Malaysia ($462M), Germany ($360M), Indonesia ($315M), and Spain ($220M).

In 2023, the top importers of Cocoa Powder were United States ($388M), Netherlands ($197M), China ($175M), Russia ($155M), and France ($140M).

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

Color
Top Origin Growth (2022 -  2023)Germany$70M
Top Destination Growth (2022 -  2023)Turkey$38.2M

Between 2022 and 2023, the exports of Cocoa Powder grew the fastest in Germany ($70M), Netherlands ($45.9M), Spain ($23.2M), Turkey ($18.1M), and Ghana ($15.1M).

Between 2022 and 2023, the fastest growing importers of Cocoa Powder were Turkey ($38.2M), Russia ($29.5M), Algeria ($25.6M), France ($23.3M), and China ($18M).

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Exporters of Cocoa Powder (2022 - 2023)

Importers of Cocoa Powder (2022 - 2023)

Market Concentration

Value

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

In 2023, market concentration measured using Shannon Entropy, was 3.77. This means that most of the exports of Cocoa Powder are explained by 13 countries.

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Value of Exports in Cocoa Powder

Net Trade

TOP NET EXPORTER (2023)Netherlands$736M
TOP NET IMPORTER (2023)United States$321M

This map shows which countries export or import more of Cocoa Powder. Each country is colored based on the difference in exports and imports of Cocoa Powder during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Cocoa Powder were Netherlands ($736M), Malaysia ($451M), Germany ($233M), Indonesia ($219M), and Spain ($176M).

In 2023, the countries that had a largest trade value in imports than in exports of Cocoa Powder were United States ($321M), China ($158M), Russia ($153M), India ($129M), and Philippines ($82.1M).

Net Trade (2023)

Country Comparison

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Ranking

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

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

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALGermany+ $8.96M
TOP IMPORT POTENTIALGermany+ $7.5M

Cocoa Powder’s highest export potential is Germany. With an export gap of $8.96M.  Cocoa Powder’s highest import potential is Germany with an import gap of $7.5M.

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 Powder.

Country by Relatedness

The following visualization shows the relatedness of Cocoa Powder 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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