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As of 2022, the Ivory Coast was the world's largest exporter of cocoa beans, with exports totaling $3.33 billion. The leading markets for Ivorian cocoa beans were the Netherlands, Belgium, the United States, Malaysia, and Germany. Notably, Brazil, Canada, and Mexico emerged as the fastest-growing export markets between 2021 and 2022.
The cocoa bean, also known as cocoa (/ ˈ k oʊ. k oʊ /) or cacao (/ k ə ˈ k aʊ /), [1] is the dried and fully fermented seed of Theobroma cacao, the cacao tree, from which cocoa solids (a mixture of nonfat substances) and cocoa butter (the fat) can be extracted. Cacao trees are native to the Amazon rainforest.
Boy collecting cocoa after the beans have been dried. Child labour is a recurring issue in cocoa production. Ivory Coast and Ghana, together produce nearly 60% of the world's cocoa each year. During the 2018/19 cocoa-growing season, research commissioned by the U.S. Department of Labor was conducted by NORC at the University of Chicago in these ...
On the other hand, Netherlands and United States of America are the largest consumers of cocoa beans; both consuming billions of U.S dollars' worth of the product. [1] According to the United Nations Commodity Trade Statistics Database, the Philippines has shifted from a massive importer of cocoa beans into a steady exporter of the bean.
Most bulk cocoa is produced in West Africa. [6] Ghana produces the highest quality bulk beans, [2] as Cadbury has maintained its reputation based off using beans from Ghana and as Ghana has retained a high degree of structural control over its cocoa industry. Cocoa in Ghana is cultivated for a consistent flavor, which is understood in European ...
By developing-country standards, Ivory Coast has an outstanding infrastructure. [21] There is a network of more than 13,000 kilometres (8,000 mi) of paved roads; modern telecommunications services, including a public data communications network; cellular phones and Internet access; two active ports, one of which, Abidjan, is the most modern in West Africa; rail links-in the process of being ...
Cacao seed in the fruit or pocha from the Theobroma cacao tree Cocoa seeds being dried before roasting Cocoa seeds being roasted. Fair trade cocoa is an agricultural product harvested from a cocoa tree using a certified process which is followed by cocoa farmers, buyers, and chocolate manufacturers, and is designed to create sustainable incomes for farmers and their families.
Côte d'Ivoire and Ghana are the world's largest and second largest cocoa producers, respectively, together accounting for 65% of the global cocoa supply as of 2024. [1] In 2017, a 20% drop in global cocoa prices negatively impacted the livelihoods of millions of cocoa farmers in Côte d'Ivoire and Ghana, prompting the presidents of both countries to sign an agreement for a strategic ...