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Cocoa butter: top exporters and importers (2024)

In 2024, world trade in cocoa butter totaled $13.1 billion (1.2 million tonnes). The top exporters were the Netherlands (29%), Indonesia (11%) and Germany (10%); the top importers were Germany (15%), Belgium (12%) and the United States (8%). Compared with 2019, the value rose 128%.

Summary

World trade
$13.1billion
Tonnes
1.2million tonnes
Price per tonne
$10,960
The largest flows between countries. Width: value; color: estimated transport mode.SeaAirLand

Top exporters

  1. Netherlands$3.7 billion · 28.7%
    re-exports
  2. Indonesia$1.4 billion · 10.6%
  3. Germany$1.3 billion · 10.2%
  4. Malaysia$1.2 billion · 9.1%
  5. France$977 million · 7.5%
  6. Côte d'Ivoire$883 million · 6.7%
  7. Ghana$416 million · 3.2%
  8. Singapore$385 million · 2.9%
    re-exports
  9. Cameroon$329 million · 2.5%
  10. Brazil$295 million · 2.3%
  11. Peru$256 million · 2%
  12. Nigeria$193 million · 1.5%
  13. Bulgaria$190 million · 1.5%
  14. United States$180 million · 1.4%
  15. Estonia$171 million · 1.3%
  16. Switzerland$139 million · 1.1%
  17. Canada$132 million · 1%
  18. United Kingdom$115 million · 0.88%
  19. India$108 million · 0.82%
  20. Spain$95 million · 0.72%

Top importers

  1. Germany$1.9 billion · 14.7%
  2. Belgium$1.5 billion · 11.5%
    re-exports
  3. United States$1.1 billion · 8.2%
  4. Netherlands$1 billion · 7.8%
    re-exports
  5. France$981 million · 7.5%
  6. United Kingdom$698 million · 5.3%
  7. Poland$660 million · 5%
  8. Italy$610 million · 4.7%
  9. Canada$401 million · 3.1%
  10. Switzerland$399 million · 3.1%
  11. Turkey$333 million · 2.6%
  12. Japan$316 million · 2.4%
  13. Russia$311 million · 2.4%
  14. India$276 million · 2.1%
  15. Australia$230 million · 1.8%
  16. China$178 million · 1.4%
  17. Ukraine$150 million · 1.2%
  18. Austria$147 million · 1.1%
  19. Estonia$142 million · 1.1%
  20. Spain$140 million · 1.1%

Trend

Who sells it

The Netherlands was the top exporter throughout the period

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

  • Netherlands 3.7
  • Indonesia 1.4
  • Germany 1.3
  • Malaysia 1.2
  • France 0.98

Source: CEPII BACI

Show the numbers
Country19952024
Netherlands0.63.7
Indonesia0.081.4
Germany0.061.3
Malaysia0.151.2
France0.150.98

Price

Implied price

The price per tonne rose 179% since 1995

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

  • 2024: $10,960

Source: CEPII BACI

Show the numbers
YearUSD per tonne
1995$3,932
1996$3,785
1997$3,842
1998$3,870
1999$3,362
2000$2,425
2001$2,237
2002$2,806
2003$3,455
2004$3,620
2005$4,127
2006$4,193
2007$4,820
2008$6,347
2009$6,201
2010$5,837
2011$4,932
2012$3,463
2013$4,349
2014$6,626
2015$6,213
2016$6,307
2017$5,624
2018$5,604
2019$5,589
2020$5,778
2021$5,332
2022$4,592
2023$5,281
2024$10,960

What it includes

  • 1804 · Cocoa butter

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.

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