Cameroon's cocoa value chain comprises both private and public companies that produce the beans. Producers of all sizes - small, medium, and large - sell to commercial intermediaries or cooperatives who then sell the beans to exporters at a margin. The beans are sometimes exported without further processing, and in other instances, it is "transformed" to fit the needs of end customers.
The following are the main export markets of Cameroon cocoa in 2021, with value, volume, and percentage of total exports:
Source: Trade Map
Total: 563 million USD | 308,000 MT | 100% |
Netherlands is the largest export market for Cameroon cocoa, accounting for over half of total exports in value and volume. Malaysia, Singapore, Indonesia, and Germany are also major buyers of Cameroonian cocoa.
China is a growing market for Cameroon cocoa. In 2021, China imported 754 million USD of Cameroonian cocoa, up from 692 million USD in 2020. This represents a growth rate of 112%.
Cameroon is the fifth largest exporter of cocoa beans in the world. The country's cocoa exports are an important source of revenue for the economy.