Just Two Countries Produce 57% of the World’s Cocoa 🍫

What we’re showing

The top producers of cocoa in 2022 according to the UN Food and Agriculture Organization (latest year available).

Key takeaway

Côte d'Ivoire and Ghana produce a massive share of the world’s cocoa. Both countries are located in West Africa.

Crop yields in question

Both of these countries are struggling with the ongoing El Niño weather phenomenon, which is producing unfavorable conditions.

In Côte d'Ivoire, for instance, cocoa shipments are expected to fall by 28.5% year-over-year in the first quarter of the 2023/2024 season.

These concerns have resulted in the price of cocoa hitting an all-time high of nearly $6,000 per tonne.