China: Major import and export markets of cocoa and its products from January to August 2024

Published 2024년 10월 24일

Tridge summary

The article discusses the trade statistics of cocoa and its products in my country for August and the first eight months of the year. In August, cocoa imports were valued at $100 million, marking a 13.74% increase from the previous year, despite a 3.47% decrease in import volume. Overall, imports for the year reached $673 million, a 24.31% increase, with a slight volume decrease of 2.67%. Malaysia was the primary source of imports. On the export side, August saw a 29.11% increase in value to $0.54 billion, with a 23.57% rise in volume. Cumulatively, exports amounted to $280 million, up 17.39%, with a 3.86% increase in volume. Hong Kong was the leading export market, although there was a decline in export volume in August.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

【Import】 According to statistics from my country's customs, in August, my country imported $100 million worth of cocoa and its products, up 13.74% year-on-year; the import volume was 15,500 tons, down 3.47% year-on-year. In the first eight months, my country's cumulative imports of cocoa and its products amounted to $673 million, up 24.31% year-on-year; the import volume was 115,500 tons, down 2.67% year-on-year. In terms of market, in the first eight months, the top ten countries/regions in terms of cocoa and its products import value were Malaysia, Indonesia, Singapore, Italy, Belgium, Switzerland, the United States, Ghana, France, and Ecuador, accounting for 79.52% of my country's import value of the product. In the first eight months, Malaysia was the most important market for my country's cocoa and its products imports, with an import value of $133 million, up 38.58% year-on-year. In August, the import value was $22 million, up 67.21% year-on-year. 【Export】 According to ...

Source: Foodmate