The main destination of Cocoa Beans exports from Ghana are: Netherlands ($321M), United States ($175M), Malaysia ($152M), Japan ($122M), and France ($107M). The fastest growing export markets for Cocoa Beans of Ghana between 2018 and 2019 were United States ($58.9M), China ($47.7M), and Belgium ($34.7M).
Does Ghana still export cocoa?
Ghana, the world’s second largest exporter of cocoa, is Switzerland’s closest trading partner in Sub-Saharan Africa, with the two having establishedreasonably close ties over many decades. … 92b – nearly a 1/4 of all Ghanaian exports over the course of the year.
Has Ghana stopped exporting cocoa to Switzerland?
Ghanian President Nana Akufo-Addo has announced that Ghana will end the selling of raw materials to trade partners like Switzerland and other European nations.
Who does Ghana sell cocoa to?
Trade is highly concentrated, with Malaysia and the Netherlands account for just over half of the market. The United States, Germany and France round out the top-five trading partners, representing 69% of cocoa export earnings.
Which countries is cocoa exported to?
The World’s Top Exporters of Cocoa Beans
|Rank||Country||Export Value (US Dollars)|
|4||The Netherlands||439 Million|
Which country is the largest producer of cocoa in the world?
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.
How much cocoa does Ghana export?
Exports: In 2019, Ghana exported $1.61B in Cocoa Beans, making it the 2nd largest exporter of Cocoa Beans in the world.
How much cocoa does Switzerland import from Ghana?
Switzerland Imports from Ghana of Cocoa and cocoa preparations was US$76.12 Million during 2020, according to the United Nations COMTRADE database on international trade.
Where is most Ghana’s raw cocoa processed?
Cocoa production occurs in the country’s forested areas: Ashanti, Brong-Ahafo, Central Region, Eastern Region, Western Region, and Volta, where rainfall is 1,000-1,500 millimeters per year.
How much money does Ghana make from cocoa?
Cocoa farmers in Ghana make $1/day, while those in Côte d’Ivoire make around $0.78/day—both significantly below the extreme poverty line. Farmers are often unable to bear the costs of cocoa farming as a result of low incomes.
What country exports the most chocolate?
Germany was the leading chocolate exporting country worldwide in 2020. The country exported almost five billion U.S. dollars worth of chocolate in that year. Second place Belgium exported over 2.5 billion dollars worth.