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Who buys Ecuador’s cocoa beans? Export destinations 2024

In 2024, Ecuador exported $2.6 billion of cocoa beans (402 thousand tonnes), 14.8% of the world total. Its main destinations were Malaysia (19%), the United States (17%) and Indonesia (13%). Ecuador was the world’s 2nd-largest exporter of cocoa beans.

Summary

Value
$2.6billion
Tonnes
402thousand tonnes
Share of world total
14.8%
World rank
2nd
Routes to the main destinations. Width: value; color: estimated transport mode.SeaAirLand

Destinations

The 20 main destinations in the latest year.

PartnerValue (USD millions)TonnesUSD per tonneShareMode
Malaysia504Tonnes: 71,565USD per tonne: $7,04919.2%Sea
United States442Tonnes: 56,939USD per tonne: $7,76016.8%Sea
Indonesia353Tonnes: 56,041USD per tonne: $6,29613.4%Sea
Netherlands re-exports285Tonnes: 39,790USD per tonne: $7,16610.9%Sea
Germany207Tonnes: 29,941USD per tonne: $6,9157.9%Sea
Belgium re-exports199Tonnes: 35,273USD per tonne: $5,6287.6%Sea
Canada119Tonnes: 15,067USD per tonne: $7,8824.5%Sea
Italy74.9Tonnes: 12,548USD per tonne: $5,9692.9%Sea
Mexico68.7Tonnes: 24,671USD per tonne: $2,7852.6%Sea
India65.1Tonnes: 8,468USD per tonne: $7,6872.5%Sea
Spain57.1Tonnes: 9,401USD per tonne: $6,0762.2%Sea
Singapore re-exports48.3Tonnes: 7,773USD per tonne: $6,2141.8%Sea
Switzerland36.4Tonnes: 8,542USD per tonne: $4,2651.4%Sea
France35.1Tonnes: 3,143USD per tonne: $11,1591.3%Sea
Japan29.4Tonnes: 4,375USD per tonne: $6,7271.1%Sea
Russia27.2Tonnes: 4,464USD per tonne: $6,0941%Sea
Estonia17Tonnes: 2,897USD per tonne: $5,8690.65%Sea
China11.3Tonnes: 1,541USD per tonne: $7,3550.43%Sea
Turkey10.1Tonnes: 1,456USD per tonne: $6,9560.39%Sea
Bulgaria9.3Tonnes: 2,291USD per tonne: $4,0700.35%Sea

Trend

Who it sells to

Malaysia has been its main destination since 2023

Value in USD millions. The five largest destinations in 2024.

  • Malaysia 504
  • United States 442
  • Indonesia 353
  • Netherlands 285
  • Germany 207

Source: CEPII BACI

Show the numbers
Partner19952024
Malaysia0504
United States51.5442
Indonesia0353
Netherlands5.6285
Germany8.2207

Sources and methodology

Other products of this country

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), which reconciles what exporters and importers report: countries that stopped reporting (Russia since 2022) appear with their partners’ data. FOB values in current US dollars; tonnes when BACI reports them. The price per tonne is the value of the rows with a weight divided by that weight. The transport mode is our own estimate based on value per kilo and geography. Data up to 2024.

Hong Kong, Singapore, the Netherlands and Belgium re-export goods from other countries: their figures include transit.

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