globaltraffic.earth

Cocoa beans: top exporters and importers (2024)

In 2024, world trade in cocoa beans totaled $17.7 billion (3.3 million tonnes). The top exporters were Côte d'Ivoire (27%), Ecuador (15%) and Nigeria (12%); the top importers were the Netherlands (23%), Malaysia (18%) and Germany (9%). Compared with 2019, the value rose 94%.

Summary

World trade
$17.7billion
Tonnes
3.3million tonnes
Price per tonne
$5,434
The largest flows between countries. Width: value; color: estimated transport mode.SeaAirLand

Top exporters

  1. Côte d'Ivoire$4.7 billion · 26.7%
    see destinations
  2. Ecuador$2.6 billion · 14.8%
    see destinations
  3. Nigeria$2.2 billion · 12.3%
    see destinations
  4. Ghana$1.5 billion · 8.2%
    see destinations
  5. Cameroon$1.3 billion · 7.2%
  6. Peru$779 million · 4.4%
  7. Netherlands$620 million · 3.5%
    re-exports
  8. Guinea$485 million · 2.7%
  9. Dominican Republic$427 million · 2.4%
  10. Uganda$410 million · 2.3%
  11. Papua New Guinea$354 million · 2%
  12. Democratic Republic of the Congo$351 million · 2%
  13. Belgium$259 million · 1.5%
    re-exports
  14. Liberia$223 million · 1.3%
  15. Sierra Leone$143 million · 0.81%
  16. Malaysia$138 million · 0.78%
  17. Togo$131 million · 0.74%
  18. United States$129 million · 0.73%
  19. Indonesia$112 million · 0.63%
  20. Estonia$106 million · 0.6%

Top importers

  1. Netherlands$4.1 billion · 23.4%
    re-exports · see sources
  2. Malaysia$3.2 billion · 17.8%
    see sources
  3. Germany$1.6 billion · 9.2%
    see sources
  4. Indonesia$1.2 billion · 6.7%
  5. United States$1.1 billion · 6.5%
  6. Belgium$1 billion · 5.8%
    re-exports
  7. Singapore$659 million · 3.7%
    re-exports
  8. France$516 million · 2.9%
  9. Italy$509 million · 2.9%
  10. Spain$492 million · 2.8%
  11. Turkey$486 million · 2.7%
  12. Canada$461 million · 2.6%
  13. Switzerland$263 million · 1.5%
  14. United Kingdom$222 million · 1.3%
  15. Japan$221 million · 1.3%
  16. India$192 million · 1.1%
  17. Mexico$152 million · 0.86%
  18. Estonia$151 million · 0.85%
  19. Austria$141 million · 0.79%
  20. Bulgaria$130 million · 0.73%

Trend

Who sells it

Côte d'Ivoire was the top exporter throughout the period

Value in USD billions. The five largest exporters in 2024.

  • Côte d'Ivoire 4.7
  • Ecuador 2.6
  • Nigeria 2.2
  • Ghana 1.5
  • Cameroon 1.3

Source: CEPII BACI

Show the numbers
Country19952024
Côte d'Ivoire1.24.7
Ecuador0.12.6
Nigeria0.192.2
Ghana0.41.5
Cameroon0.161.3

Price

Implied price

The price per tonne rose 257% since 1995

Current US dollars per tonne: value over the weight reported by BACI.

  • 2024: $5,434

Source: CEPII BACI

Show the numbers
YearUSD per tonne
1995$1,520
1996$1,419
1997$1,438
1998$1,386
1999$1,323
2000$996
2001$1,097
2002$618
2003$2,172
2004$1,679
2005$1,643
2006$1,670
2007$2,063
2008$2,580
2009$2,935
2010$2,986
2011$3,610
2012$3,075
2013$2,609
2014$2,988
2015$3,051
2016$3,166
2017$2,522
2018$2,391
2019$2,413
2020$2,683
2021$2,638
2022$2,424
2023$2,809
2024$5,434

What it includes

  • 1801 · Cocoa beans

Products in the same chapter

Sources and methodology

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.

See all products