In 2023, the global cocoa beans export volume was led by Ivory Coast at 1.9 million metric tons, showing a 1.39% year-on-year increase. Ghana was the second largest exporter but faced a 1.82% decline. The Netherlands, another significant player, registered a modest 0.65% growth. Ecuador showed the highest growth among top exporters with a 1.95% increase. Nigeria and Cameroon also saw notable growth rates at 2.5% and 1.18%, respectively. Less prominent exporters like Belgium and Malaysia showed robust increases, with Belgium at 3.48% and Malaysia at 1.88%. Conversely, Indonesia experienced a substantial decrease of 8.9%, and the United States saw an 11.65% decline, indicating shifting dynamics in these regions.
Future trends to watch in the global cocoa beans export market include potential shifts in production capacity and export priorities in emerging markets such as Sierra Leone, which saw an impressive 8.92% increase in 2023. Changing climate conditions and trade policies will be critical factors influencing these trends. Additionally, advancements in sustainable farming practices and investments in processing infrastructure may alter traditional supply chains, offering new opportunities and challenges for established and emerging cocoa-producing countries.
Top countries in Cocoa Beans Export Volume by Country
| # | 10 Countries | Thousand Metric Tons | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Ivory Coast | 1,900 | 2023 | +1.61% | +1.39% | View data |
| 2 | 2 Ghana | 823 | 2023 | +0.12% | -1.82% | View data |
| 3 | 3 Netherlands | 437 | 2023 | +0.92% | +0.65% | View data |
| 4 | 4 Ecuador | 337 | 2023 | +2.12% | +1.95% | View data |
| 5 | 5 Nigeria | 336 | 2023 | +2.75% | +2.5% | View data |
| 6 | 6 Cameroon | 263 | 2023 | +1.15% | +1.18% | View data |
| 7 | 7 Belgium | 261 | 2023 | +2.35% | +3.48% | View data |
| 8 | 8 Malaysia | 214 | 2023 | +2.39% | +1.88% | View data |
| 9 | 9 Germany | 125 | 2023 | +1.63% | +1.51% | View data |
| 10 | 10 Peru | 68 | 2023 | +1.49% | +1.54% | View data |
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