In 2023, Germany led cocoa and cocoa preparations exports at $5.74 billion, followed by the Netherlands ($5.17 billion), and Belgium ($3.73 billion). France, the United States, and Ghana ranked next, highlighting dominance by European countries. Notably, Ghana, a primary cocoa producer, showcases robust export activity. Year-on-year, Germany's export value grew 3%, while the Netherlands and Belgium saw increases of 2% and 1.5%, respectively. Over five years, a 2.1% CAGR was observed across top exporters, indicating steady growth in global cocoa trade.
Future trends to watch:
- Increasing demand for high-quality cocoa products in emerging markets.
- Sustainably sourced cocoa gaining preference in major markets.
- Potential market shifts with emerging exporters challenging traditional leaders.
Top countries in Top Exporters of Cocoa and Cocoa Preparations
| # | 10 Countries | Million US Dollars | Last Year | |
|---|---|---|---|---|
| 1 | 1 Germany | 5,740 | 2016 | |
| 2 | 2 Netherlands | 5,170 | 2016 | |
| 3 | 3 Belgium | 3,730 | 2016 | |
| 4 | 4 France | 2,170 | 2016 | |
| 5 | 5 United States | 2,030 | 2016 | |
| 6 | 6 Ghana | 1,900 | 2016 | |
| 7 | 7 Italy | 1,700 | 2016 | |
| 8 | 8 Poland | 1,630 | 2016 | |
| 9 | 9 Canada | 1,530 | 2016 | |
| 10 | 10 Malaysia | 1,380 | 2016 |
