
Overall, the value of hot chocolate exports in 2020 flatlined by a 0.9% increase since 2016 but was up 6.2% from 2019 to 2020.
From a continental perspective, 55% of total hot chocolate exports originated from suppliers in Europe while 27.1% were shipped from Asia.
Smaller percentages came from Africa (7.9%), North America (5.9%), Latin America (3.8%) excluding Mexico but including the Caribbean, and Oceania (0.3%) led by Australia.
For research purposes, the 4-digit Harmonized Tariff System code prefix for unsweetened cocoa powder is 1805. The 6-digit prefix for sweetened cocoa powder is 180610.
Hot Chocolate Exports by Country
All
Below are the 15 countries that exported the highest dollar value worth of overall hot chocolate shipped during 2020.
- Netherlands: US$725.7 million (25.1% of exported hot chocolate)
- Germany: $320.4 million (11.1%)
- Malaysia: $319.8 million (11.1%)
- Indonesia: $196.8 million (6.8%)
- Spain: $171 million (5.9%)
- France: $149.5 million (5.2%)
- Ghana: $120.3 million (4.2%)
- Singapore: $119.7 million (4.1%)
- United States: $117.7 million (4.1%)
- Ivory Coast: $92.9 million (3.2%)
- Turkey: $53.1 million (1.8%)
- Brazil: $50.3 million (1.7%)
- Italy: $36.8 million (1.3%)
- South Korea: $36.2 million (1.3%)
- Mexico: $32.4 million (1.1%)
By value, the listed 15 countries shipped 87.9% of globally exported hot chocolate in 2020.
Among the above countries, the fastest-growing hot chocolate exporters since 2016 were: Ghana (up 5,761%), Ivory Coast (up 48.9%), Turkey (up 48.1%) and Indonesia (up 19.7%).
Those countries that posted the severest declines in their exported hot chocolate sales were: Mexico (down -40.5%), Italy (down -27.2%), Brazil (down -24.5%), United States (down -17.5%) and Singapore (down -14.8%).
Unsweetened
Below are the 15 countries that exported the highest dollar value worth of unsweetened cocoa powder shipped during 2020.
- Netherlands: US$719.3 million (28.3% of exported unsweetened cocoa powder)
- Malaysia: $294.6 million (11.6%)
- Germany: $276.6 million (10.9%)
- Indonesia: $194.3 million (7.6%)
- Spain: $166 million (6.5%)
- France: $144.5 million (5.7%)
- Singapore: $111.9 million (4.4%)
- Ghana: $103.2 million (4.1%)
- United States: $95.6 million (3.8%)
- Ivory Coast: $92.9 million (3.7%)
- Turkey: $52.4 million (2.1%)
- Brazil: $49.9 million (2.0%)
- Italy: $29.3 million (1.2%)
- Belgium: $22.4 million (0.9%)
- Peru: $21.1 million (0.8%)
By value, the listed 15 countries shipped 93.4% of globally exports for unsweetened cocoa powder in 2020.
Among the above countries, the fastest-growing exporters of unsweetened cocoa powder since 2016 were: Ghana (up 516,045%), Peru (up 73.3%), Turkey (up 51.3%) and the African nation Ivory Coast (up 48.8%).
Those countries that posted declines in their sales of exported unsweetened cocoa powder were led by: Belgium (down -78.4%), Brazil (down -24.5%), Italy (down -20.3%), United States (down -18.7%) and Singapore (down -13.6%).
Sweetened
Below are the 15 countries that exported the highest dollar value worth of sweetened cocoa powder shipped during 2020.
- Germany: US$43.8 million (12.6% of exported sweetened cocoa powder)
- South Korea: $36 million (10.3%)
- Mexico: $31.7 million (9.1%)
- Ireland: $28.4 million (8.2%)
- Malaysia: $25.2 million (7.2%)
- United States: $22.1 million (6.4%)
- Thailand: $18.3 million (5.3%)
- United Kingdom: $18 million (5.2%)
- Ghana: $17 million (4.9%)
- Hungary: $8.3 million (2.4%)
- Singapore: $7.7 million (2.2%)
- Italy: $7.5 million (2.2%)
- South Africa: $7.1 million (2%)
- Netherlands: $6.3 million (1.8%)
- Sweden: $5.5 million (1.6%)
By value, the listed 15 countries shipped 81.4% of globally exported sweetened cocoa powder in 2020.
Among the above countries, the fastest-growing exporters of sweetened cocoa powder since 2016 were: Ghana (up 738.9%), Malaysia (up 56.1%), South Africa (up 52.8%) and South Korea (up 13.5%).
Those countries that posted the severest declines in their sales of exported sweetened cocoa powder were: Hungary (down -67.4%), Italy (down -45.7%), Mexico (down -40.1%), United Kingdom (down -32.7%) and Singapore (down -28.3%).
Companies
Hot Chocolate Exporting Companies
According to global trading platform Alibaba, the following suppliers are examples of hot chocolate-trading exporters that deal in hot chocolate or related products.
- Abundex International (Singapore)
- Food Basics (Netherlands)
- Franzese USA Inc (United States)
- NBC Food Industries (Malaysia)
- Royal Natural Cocoa Powder (Ghana)
- Veneta Granulati (Italy)
- Veruver GmbH (Germany)
- Xporia Najahindo (Indonesia)
The home-country location for each business is shown above within parentheses.
See also Coffee Exports by Country, Tea Exports by Country, Chocolate Exporters by Country and Sugar Exports by Country
Research Sources:
Central Intelligence Agency, The World Factbook Field Listing: Exports – Commodities. Accessed on January 8, 2021
Forbes Global 2000 rankings, The World’s Biggest Public Companies. Accessed on January 8, 2021
International Trade Centre, Trade Map. Accessed on January 8, 2021
Investopedia, Net Exports Definition. Accessed on January 8, 2021
Wikipedia, Hot chocolate. Accessed on January 8, 2021