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2022
Exports $52.3kWorld Rnk 71 / 105
Flag Rnk 1149 / 1213
2022
Destination $22.9k Mozambique
2021 - 2022
FASTEST GROWING MARKET $22.9kMozambique
2022
PRODUCT COMPLEXITY IN Cocoa Paste-0.8Rnk 779 / 1025
2022
Imports $16.1MWorld Rnk 36 / 169
Flag Rnk 553 / 1213
2022
Origin $2.94M Cote d'Ivoire
2021 - 2022
FASTEST GROWING ORIGIN $2.94MCote d'Ivoire
2022
ECONOMIC COMPLEXITY of South Africa0.076Rnk 59 / 133

About

Exports In 2022, South Africa exported $52.3k in Cocoa Paste, making it the 71st largest exporter of Cocoa Paste in the world. At the same year, Cocoa Paste was the 1149th most exported product in South Africa. The main destination of Cocoa Paste exports from South Africa are: Mozambique ($23.4k), Eswatini ($12.3k), Botswana ($5.51k), Canada ($4.85k), and Norway ($2.18k).

The fastest growing export markets for Cocoa Paste of South Africa between 2021 and 2022 were Mozambique ($22.9k), Eswatini ($12.2k), and Botswana ($2.8k).

Imports In 2022, South Africa imported $16.1M in Cocoa Paste, becoming the 36th largest importer of Cocoa Paste in the world. At the same year, Cocoa Paste was the 553rd most imported product in South Africa. South Africa imports Cocoa Paste primarily from: Cote d'Ivoire ($6.89M), Netherlands ($4.89M), Singapore ($1.49M), Ghana ($1.42M), and Spain ($502k).

The fastest growing import markets in Cocoa Paste for South Africa between 2021 and 2022 were Cote d'Ivoire ($2.94M), Singapore ($356k), and Ghana ($347k).

Latest Trends

June 2024

About

Overview In June 2024 South Africa's Cocoa Paste exports accounted up to ZAR10k and imports accounted up to ZAR12.5M, resulting in a negative trade balance of ZAR12.5M. Between June 2023 and June 2024 the exports of South Africa's   Cocoa Paste have decreased by ZAR-861k (-98.8%) from ZAR871k to ZAR10k, while imports decreased by ZAR-5.64M (-31.1%) from ZAR18.2M to ZAR12.5M.

Destinations In June 2024, Cocoa Paste were exported mostly to Botswana (ZAR5.04k), Mozambique (ZAR3.3k), and Zambia (ZAR1.68k), and were imported mostly from Netherlands (ZAR8.48M), Cote d'Ivoire (ZAR3.91M), Spain (ZAR124k), and Chinese Taipei (ZAR253).

Growth In June 2024, the decrease in Cocoa Paste's year-by-year exports was explained primarily by a decrease in exports to Botswana (ZAR-1.48k or -18.5%) and Lesotho (ZAR-531 or -49.8%). In June 2024, the decrease in Cocoa Paste's year-by-year imports was explained primarily by a decrease in imports from .

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)ZAR-861k(-98.8%)
IMPORT GROWTH (June 2023 - June 2024)ZAR-5.64M(-31.1%)
MAIN EXPORTER (June 2024)KopfonteinZAR22k
MAIN DESTINATION (June 2024)BotswanaZAR5.04k

This section shows Cocoa Paste's exports and imports data at subnational level for South Africa. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Cocoa Paste over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$52.3k
IMPORTS (2022)$16.1M
NET TRADE (2022)-$16.1M

In 2022, South Africa exported $52.3k in Cocoa Paste. The main destinations of South Africa exports on Cocoa Paste were Mozambique ($23.4k), Eswatini ($12.3k), Botswana ($5.51k), Canada ($4.85k), and Norway ($2.18k).

In 2022, South Africa imported $16.1M in Cocoa Paste, mainly from Cote d'Ivoire ($6.89M), Netherlands ($4.89M), Singapore ($1.49M), Ghana ($1.42M), and Spain ($502k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cocoa Paste EXPORT MARKETS FOR South Africa WERE (2021 - 2022):
Mozambique$22.9k (4.63k%)
Eswatini$12.2k (20.1k%)
Botswana$2.8k (103%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cocoa Paste BY South Africa WERE (2021 - 2022):
Malaysia-$65.8k (-100%)
Netherlands-$18.7k (-100%)
Tanzania-$16.2k (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, South Africa's main exporting competitors in Cocoa Paste were:
Cote d'Ivoire $1.08B
Netherlands $685M
Ghana $450M
In 2022, South Africa's main importing competitors in Cocoa Paste were:
United States $489M
Netherlands $443M
Germany $329M

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Trade Value of Cocoa Paste by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALCanada+ $6.81k
TOP IMPORT POTENTIALCote d'Ivoire+ $1.55M

Cocoa Paste’s highest export potential is Canada. With an export gap of $6.81k.   Cocoa Paste’s highest import potential is Cote d'Ivoire with an import gap of $1.55M.

See methodology.

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