The long history of high-quality cocoa bean production facilitating the overall exports accounts for a 6% increase over the years. The expected export of approximately 900,000 metric tons of cocoa beans has recorded a total export trade value of 2.5 billion US dollars in 2023. The increasing demand for premium quality beans and the government initiatives supporting the growth in cultivation rates via modernization of farming techniques are considered as the factors recording pivotal growth of the GDP.
The growing concern of the government authorities towards the cultivation rate and the improvement of the sturdy techniques facilitating the growth rate are expected to continue its upward trajectory in the upcoming years by a rate of 5% a year by trade. The improvement such as development of the irrigation systems and better quality fertilizer use in the field of production are facilitating the overall trade.
The growing demands for high-quality products from trade management authorities of cocoa have been facilitating the introduction of a variety of products in its exports. According to the Ghana Export Data, the top 10 leading cocoa beans variants and derivatives exported from Ghana in 2023 are,
1. Cocoa Liquor - Export trade value of Cocoa Liquor from Ghana in 2023 - 1.5 billion US dollars.
2. Cocoa Butter - Export trade value of Cocoa Butter from Ghana in 2023 - 1 billion US dollars.
3. Cocoa Powder - Export trade value of Cocoa Powder from Ghana in 2023 - 700 million US dollars.
4. Cocoa Beans - Export trade value of Cocoa Beans from Ghana in 2023 - 400 million US dollars.
5. Cocoa Nibs - Export trade value of Cocoa Nibs from Ghana in 2023 - 300 million US dollars.
6. Cocoa Cake - Export trade value of Cocoa Cake from Ghana in 2023 - 200 million US dollars.
7. Cocoa Paste - Export trade value of Cocoa Paste from Ghana in 2023 - 150 million US dollars.
8. White Chocolate Couverture - Export trade value of White Chocolate Couverture from Ghana in 2023 - 100 million US dollars.
9. Specialty Dark Chocolate Couverture - Export trade value of Specialty Dark Chocolate Couverture from Ghana in 2023 - 89 million US dollars.
10. Criollo Cocoa Beans - Export trade value of Criollo Cocoa Beans from Ghana in 2023 - 76 million US dollars.
According to the Ghana Trade Data, the top 10 leading cocoa beans export trade partners of Ghana in 2023 are,
1. Netherlands - According to the Netherlands Import Data, the valuation of the cocoa beans exported from Ghana in 2023 - 1.1 billion US dollars.
Leading cocoa bean exports from Ghana
• Raw cocoa beans
• Fermented cocoa beans
• Organic cocoa beans
• Non fermented cocoa beans
• Dark cocoa paste
2. Germany - According to the Germany Import Data, the valuation of the cocoa beans exported from Ghana in 2023 - 776 million US dollars.
Leading cocoa bean exports from Ghana
• Low-fat cocoa paste
• Alkalised cocoa paste
• Deodorized cocoa butter
• Organic cocoa butter
• Bulk cocoa beans
3. Belgium - According to the Belgium Import Data, the valuation of the cocoa beans exported from Ghana in 2023 - 654 million US dollars.
Leading cocoa bean exports from Ghana
• High-fat cocoa paste
• Low cocoa paste
• Fine cocoa paste
• Natural cocoa butter
• Bulk cocoa butter
4. United States - According to the USA Import Data, the valuation of the cocoa beans exported from Ghana in 2023 - 542 million US dollars.
Leading cocoa bean exports from Ghana
• Organic cocoa paste
• Unsweetened cocoa paste
• Natural cocoa butter
• Cocoa tea
• Cocoa protein powder
5. France - According to the France Import Data, the valuation of the cocoa beans exported from Ghana in 2023 - 462 million US dollars.
Leading cocoa bean exports from Ghana
• Cocoa extract
• Cocoa-based cosmetics
• Traceable cocoa beans
• Hybrid cocoa variants
• Fairtrade cocoa paste
6. Italy - According to the Italy Import Data, the valuation of the cocoa beans exported from Ghana in 2023 - 387 million US dollars.
Leading cocoa bean exports from Ghana
• Cocoa energy bars
• Cocoa infused Beverages
• Sustainable cocoa beans
• Cocoa-based sauces
• Cocoa candies
7. Canada - According to the Canada Import Data, the valuation of the cocoa beans exported from Ghana in 2023 - 291 million US dollars.
Leading cocoa bean exports from Ghana
• Cocoa shells
• Cocoa essence
• Ghana Cocoa blends
• Non-GMO cocoa beans
• Cocoa paste
8. Spain - According to the Spain Import Data, the valuation of the cocoa beans exported from Ghana in 2023 - 186 million US dollars.
Leading cocoa bean exports from Ghana
• Traceable cocoa beans
• Sundried cocoa beans
• Cocoa pod husks
• Cocoa cake
• Cocoa butter wafers
9. Japan - According to the Japan Import Data, the valuation of the cocoa beans exported from Ghana in 2023 - 145 million US dollars.
Leading cocoa bean exports from Ghana
• Cocoa butter wafers
• Cocoa essence
• Cocoa waste (for fertilizers)
• Flavored cocoa powders
• Cocoa granules for brewing
10. United Kingdom - According to the United Kingdom Import Data, the valuation of the cocoa beans exported from Ghana in 2023 - 122 million US dollars.
Leading cocoa bean exports from Ghana
• Traceable cocoa powder
• Ghana cocoa blends
• Cocoa tea
• Cocoa syrups
• Low-fat cocoa powder
Que. What is the export trade value of cocoa beans from Ghana in 2023?
Ans. The export trade value of cocoa beans from Ghana in 2023 is 2.5 billion US dollars.
Que. What is the top exported cocoa variant of Ghana in 2023?
Ans. Cocoa Liquor is the top exported cocoa variant of Ghana in 2023.
Que. Name the top cocoa beans export trade partners of Ghana in 2023.
Ans. The Netherlands is the top cocoa beans export trade partner of Ghana in 2023.
Que. Where can you get a detailed trade analysis of the cocoa export of Ghana in 2023?
Ans. By subscribing to Import Globals, you can get a detailed trade analysis of the cocoa export of Ghana in 2023.