How much cocoa does Ecuador produce and export?
Ecuador is the 4th largest producer of cocoa: 403,699 tonnes in 2024, 7.7% of the world's 5.2 million tonnes (FAOSTAT). It is the 2nd largest exporter by value: $3.1 billion in 2024, 16% of world exports of cocoa beans (HS 1801) (CEPII BACI). Its biggest customer is Malaysia, which takes 17% of its cocoa exports by value.
All about cocoa · All about Ecuador · Cocoa price history
Ecuador's cocoa production
| World rank | Production (tonnes) | Share of world | Ten-year growth | Year |
|---|---|---|---|---|
| 4 | 403,699 tonnes | 7.7% | +10% a year | 2024 |
FAOSTAT Crops and livestock products (QCL), 2024. World total is the sum of reporting countries.
Share of world output over time
| 1990 | 2000 | 2010 | 2020 | 2024 |
|---|---|---|---|---|
| 3.8% | 1.9% | 3.1% | 5.8% | 7.7% |
Ecuador's cocoa exports
| World rank | Export value | Share of world exports | Quantity (tonnes) | Average value per tonne | Year |
|---|---|---|---|---|---|
| 2 | $3.1 billion | 16% | 394,122 t | $7,819 | 2024 |
CEPII BACI international trade database (HS22, V202601), HS 1801 (Cocoa beans, whole or broken, raw or roasted).
Where Ecuador's cocoa goes
| Destination | Value | Share of Ecuador's exports |
|---|---|---|
| Malaysia | $517M | 17% |
| United States | $454M | 15% |
| Indonesia | $393M | 13% |
| Belgium | $335M | 11% |
| Germany | $313M | 10% |
How much cocoa Ecuador uses
FAO reports a negative domestic supply of cocoa for Ecuador in 2023 (−51 thousand tonnes), meaning exports exceed production plus imports in the year: it produced 376 thousand tonnes, imported 7 thousand tonnes and exported 434 thousand tonnes. FAO imputes such figures for re-exporters and for stock draws it cannot place, so this is not a measure of what Ecuador used, and no share of world supply, per-person ranking or self-sufficiency is given. FAO's item is "Cocoa beans and products". Consumption · Self-sufficiency.
The cocoa price Ecuador sells into
The benchmark price, Cocoa (ICE New York and London average), was $5.92/kg in September 2026, down 16% over twelve months. Its five-year volatility is 41% a year, calmer in 100% of its earlier five-year windows. A single country's export price can differ from the benchmark: see trade price against benchmark. Monthly averages lag the market and are not investment advice. Cocoa price history.
Cite as: Commodity Origins, "Ecuador cocoa: production, exports and prices", https://commodityorigins.com/countries/ECU/cocoa/ (CC BY 4.0). Rankings count only countries reporting to the sources named; this page is shown only for top-five producers or exporters with at least 3% of the world total. Report an issue with this page.