What Country Is The Largest Exporter Of Cocoa Beans?

by | Last updated on January 24, 2024

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Characteristic Export value in million

U.S.

dollars
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Which country is the largest producer of cocoa beans?


The Ivory Coast and Ghana

are by far the two largest producers of cocoa, accounting for more than 50 percent of the world ́s cocoa. In 2016, the Ivory Coast alone produced approximately 1.6 million metric tons of cocoa beans.

What country exports cocoa beans?

In 2016, the largest exporter of cocoa beans was

Côte d’Ivoire

, and the largest importer of cocoa beans was the Netherlands. Major cocoa bean exporting countries also include Ghana, Nigeria, Cameroon, Brazil, Ecuador, Colombia, Indonesia, and Malaysia, among others.

Which country is the highest importer of cocoa?

Characteristic Import value in million U.S. dollars
Netherlands

2,375.92
USA 1,026.93

Which country exports the most cocoa beans North America or South America?

Rank Country Cocoa production in 2020 44

Dominica

312
45 Jamaica 305

What country exports steel the most?


China

is by far the largest exporter of iron and steel in 2019 having exported 87.3 million metric tons which equals approximately 15.8 % of global exports; it represents a 29.5% decrease from 2016 (a fall of 36,442,776.2 metric tons in absolute values).

Which country exports the most coffee beans?

In 2019,

Brazil

exported over four and a half billion U.S. dollars’ worth of coffee to other countries, making it the world’s leading coffee exporter by far. Switzerland followed in second place with a trade value of roughly two and a half billion U.S. dollars.

What are the top 5 producers of cocoa?


The Ivory Coast and Ghana

are by far the two largest producers of cocoa: together they cultivate more than half of the world ́s cocoa. These two are followed by other cocoa producing countries like Indonesia, Nigeria, Cameroon, Brazil and Ecuador.

What is the best cacao in the world?


Ecuador

is home to some of the best cacao beans in the world. Only approximately 5% of cacao in the world is labeled as “Fine Aroma,” and Ecuador produces nearly 63% of it.

What is the best cocoa bean in the world?

Rare cacao varietals such as Nacional and Porcelana have been found in parts of northern South America, and many people regard those as some of the best cocoa beans in the world. The Caribbean island of Trinidad only grows

trinitario cacao

, a highly flavorful type of cacao developed on the island hundreds of years ago.

Which country is the main producer of cocoa?

1.

Ivory Coast

.

The Ivory Coast

is by far the largest cocoa producing country in the world supplying over 30% of the world’s cocoa beans at 2,034,000 tonnes in 2017. The cocoa industry is hugely important to the economy of the country as it accounts for 40.2% of its export income.

What company buys the most cocoa in the world?

  • In first place, with net sales of 17.64 billion dollars, was the American company Mars Inc. …
  • Second place went to Mondelēz International Inc. …
  • Third place was assigned to the Swiss company Nestlè which sells for 11.760 billion dollars thanks to brands such as Smarties, Cailler, Kit Kat and Nesquik.

How much cocoa does India import?

“Our imports in 2016-17 were at

63,613 tonnes

valued at ₹1,542.31 crore,” he said. In the same period, India shipped out 25,700 tonnes of cocoa and cocoa preparations valued at ₹1,089.99 crore as against 16,679 tonnes worth ₹175.98 crore in 2011-12, he said.

Which country is known as the coco market of the world?


Ivory Coast

leads the world in production and export of the cocoa beans. This country supplies around 33% cocoa of the world.

Which state is the largest producer of cocoa in India?


Andhra Pradesh

had the highest volume of cocoa production in India in fiscal year 2018, amounting to over eight thousand metric tons. Kerala followed, contributing 37.8 percent to the cocoa production share that year, all of which totaled to nearly 20 thousand metric tons.

Where does the best cocoa come from?

Over the last decade, as the demand for more flavourful cocoa has risen,

Ecuador

has emerged as the pre-eminent exporter of fine beans. It is a favourite destination for globetrotting chocolatiers in search of the best, and cocoa production has also become a sustainable source of income for Ecuador’s farmers.

Ahmed Ali
Author
Ahmed Ali
Ahmed Ali is a financial analyst with over 15 years of experience in the finance industry. He has worked for major banks and investment firms, and has a wealth of knowledge on investing, real estate, and tax planning. Ahmed is also an advocate for financial literacy and education.