Vietnam's cocoa beans export volume in 2023 stood at 1.0 thousand metric tons, unchanged since 2017. Between 2014 and 2016, there was variability, peaking at 3.0 thousand metric tons in 2016 before a sharp decline to 1.0 in 2017. The year-on-year variation from 2014 to 2023 shows stability at 0% since 2018, maintaining a consistent export volume with a negative CAGR observed only in earlier years. The forecast from 2024 to 2028 predicts no significant change, maintaining a stable export volume of 1.0 thousand metric tons and a stagnant CAGR of 0%.
Future trends to watch for include potential impacts from climate change on cocoa production, global demand shifts for cocoa beans, changes in Vietnam’s agricultural policies, and advancements in cocoa farming technology which may influence export volumes.
