
Overall, the value of hot chocolate exports in 2019 equaled $2.75 billion. That dollar amount reflects an 11.1% increase since 2015 and a 2.1% uptick from 2018 to 2019.
From a continental perspective, 56.9% of total hot chocolate exports originated from suppliers in Europe while 26.6% were shipped from Asia. Smaller percentages came from Africa (6.4%), North America (6.1%), Latin America (3.7%) excluding Mexico but including the Caribbean, and Oceania (0.2%) 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 2019.
- Netherlands: US$707.9 million (25.7% of exported hot chocolate)
- Germany: $310.2 million (11.3%)
- Malaysia: $308.9 million (11.2%)
- Spain: $162.5 million (5.9%)
- Indonesia: $156.4 million (5.7%)
- France: $140.4 million (5.1%)
- Singapore: $127.8 million (4.6%)
- United States: $115.6 million (4.2%)
- Ghana: $96 million (3.5%)
- Ivory Coast: $68.8 million (2.5%)
- Brazil: $54.8 million (2%)
- Italy: $53.8 million (2%)
- Turkey: $49.2 million (1.8%)
- Mexico: $44.7 million (1.6%)
- Belgium: $33.3 million (1.2%)
By value, the listed 15 countries shipped 88.3% of global hot chocolate exports in 2019.
Among the above countries, the fastest-growing hot chocolate exporters since 2015 were: Ghana (up 1,012%), Turkey (up 58.2%), Italy (up 26.2%) and Spain (up 25.7%).
Three top suppliers posted declines in their exported hot chocolate sales: Brazil (down -16.7%), Belgium (down -6.8%) and Mexico (down -2%).
Unsweetened
Below are the 15 countries that exported the highest dollar value worth of unsweetened cocoa powder shipped during 2019.
- Netherlands: US$702.2 million (30% of exported unsweetened cocoa powder)
- Malaysia: $275.3 million (11.8%)
- Germany: $266.9 million (11.4%)
- Spain: $157.6 million (6.7%)
- Indonesia: $154.4 million (6.6%)
- France: $135.3 million (5.8%)
- Singapore: $100.9 million (4.3%)
- Ghana: $87.4 million (3.7%)
- United States: $78.9 million (3.4%)
- Ivory Coast: $68.3 million (2.9%)
- Brazil: $54.4 million (2.3%)
- Turkey: $49.2 million (2.1%)
- Italy: $35 million (1.5%)
- Belgium: $27.4 million (1.2%)
- Peru: $15.2 million (0.6%)
By value, the listed 15 countries shipped 94.5% of global unsweetened cocoa powder exports in 2019.
Among the above countries, the fastest-growing exporters of unsweetened cocoa powder since 2015 were: Turkey (up 58.2%), Peru (up 42.5%), Spain (up 27.7%) and Indonesia (up 24.2%).
Two top suppliers posted declines in their sales of exported unsweetened cocoa powder, namely Brazil (down -16.7%) and Belgium (down -15.1%).
Sweetened
Below are the 15 countries that exported the highest dollar value worth of sweetened cocoa powder shipped during 2019.
- Mexico: US$44.4 million (10.7% of exported sweetened cocoa powder)
- Germany: $43.3 million (10.4%)
- United States: $36.7 million (8.8%)
- Malaysia: $33.6 million (8.1%)
- South Korea: $32.9 million (7.9%)
- Ireland: $31.4 million (7.5%)
- Singapore: $26.9 million (6.5%)
- Italy: $18.8 million (4.5%)
- Hungary: $18.4 million (4.4%)
- United Kingdom: $18.2 million (4.4%)
- Thailand: $15.6 million (3.7%)
- Ghana: $8.6 million (2.1%)
- Taiwan: $7.8 million (1.9%)
- Belgium: $5.9 million (1.4%)
- Netherlands: $5.7 million (1.4%)
By value, the listed 15 countries shipped 83.7% of globally exported sweetened cocoa powder in 2019.
Among the above countries, the fastest-growing exporters of sweetened cocoa powder since 2015 were: Taiwan (up 198.2%), Malaysia (up 83%), Belgium (up 71.6%) and Italy (up 66.4%).
Four top suppliers posted declines in their sales of exported sweetened cocoa powder: Germany (down -23.7%), Hungary (down -16.1%), United Kingdom (down -7.3%) and Mexico (down -0.7%).
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 June 7, 2020
Forbes Global 2000 rankings, The World’s Biggest Public Companies. Accessed on June 7, 2020
International Trade Centre, Trade Map. Accessed on June 7, 2020
Investopedia, Net Exports Definition. Accessed on June 7, 2020
Wikipedia, Hot chocolate. Accessed on June 7, 2020