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Cocoa powder, sweetened

180610 (Harmonized System 1992 for 6-digit)

2022
World Trade $432MRnk 3072 / 4648
2022
Top Exporter | Top Importer $41.3M | $58.2MGermany | Japan
2022
Product Complexity -0.28Rnk 2919 / 4653
2021 - 2022
Export Growth (CAGR) 12.2%Rnk 1398 / 4648
2022
Share of World Trade 0.0018%Rnk 3072 / 4648

About

Overview This page contains the latest trade data of Sweetened Cocoa Powder. In 2022, Sweetened Cocoa Powder were the world's 3072nd most traded product, with a total trade of $432M. Between 2021 and 2022 the exports of Sweetened Cocoa Powder grew by 12.2%, from $385M to $432M. Trade in Sweetened Cocoa Powder represent 0.0018% of total world trade.

Sweetened Cocoa Powder are a part of Chocolate.

Exports In 2022 the top exporters of Sweetened Cocoa Powder  were Germany ($41.3M), Mexico ($38.2M), United States ($35.5M), Malaysia ($33.1M), and South Korea ($30.2M).

Imports In 2022 the top importers of Sweetened Cocoa Powder were Japan ($58.2M), United States ($44.2M), Kuwait ($34.8M), Nigeria ($22.5M), and France ($20.9M).

Ranking Sweetened Cocoa Powder ranks 2919th in the Product Complexity Index (PCI).

Description -

Latest Trends

Latest Data

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The following visualization shows the latest trends on Sweetened 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 (2022)Germany$41.3M
Top Destination (2022)Japan$58.2M

In 2022 Sweetened Cocoa Powder were the world's 3072nd most traded product (out of 4,648).

In 2022, the top exporters of Sweetened Cocoa Powder were Germany ($41.3M), Mexico ($38.2M), United States ($35.5M), Malaysia ($33.1M), and South Korea ($30.2M).

In 2022, the top importers of Sweetened Cocoa Powder were Japan ($58.2M), United States ($44.2M), Kuwait ($34.8M), Nigeria ($22.5M), and France ($20.9M).

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Exporters of Sweetened Cocoa Powder (2022)
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Importers of Sweetened Cocoa Powder (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Saudi Arabia$14.1M
Top Destination Growth (2021 -  2022)Kuwait$34.1M

Between 2021 and 2022, the exports of Sweetened Cocoa Powder grew the fastest in Saudi Arabia ($14.1M), Poland ($12.5M), Egypt ($8.41M), Ghana ($7.96M), and United States ($6.03M).

Between 2021 and 2022, the fastest growing importers of Sweetened Cocoa Powder were Kuwait ($34.1M), Japan ($11.6M), Nigeria ($9.66M), Egypt ($9.53M), and India ($4.36M).

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Exporters of Sweetened Cocoa Powder (2021 - 2022)

Importers of Sweetened Cocoa Powder (2021 - 2022)

Market Concentration

Value

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

In 2022, market concentration measured using Shannon Entropy, was 4.93. This means that most of the exports of Sweetened Cocoa Powder are explained by 30 countries.

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Value of Exports in Sweetened Cocoa Powder

Net Trade

TOP NET EXPORTER (2022)Mexico$33.7M
TOP NET IMPORTER (2022)Japan$57.8M

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

In 2022, the countries that had a largest trade value in exports than in imports of Sweetened Cocoa Powder were Mexico ($33.7M), Malaysia ($29.2M), Germany ($28.9M), South Korea ($24.3M), and Ghana ($20.8M).

In 2022, the countries that had a largest trade value in imports than in exports of Sweetened Cocoa Powder were Japan ($57.8M), Kuwait ($33.1M), Nigeria ($19.9M), France ($11.8M), and Canada ($10.8M).

Net Trade (2022)

Country Comparison

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Ranking

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

Top 10 Exporters Countries of Sweetened Cocoa Powder 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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