How Germany Earned $6.3 Billion from Chocolate Exports While Africa, Producing 70% of Cocoa, Made Only $5.7 Billion
Germany, a country with no cocoa plantations, earned $6.3 billion from chocolate exports in 2023. Meanwhile, Africa, home to over 70% of global cocoa production, earned only $5.7 billion from raw cocoa exports in 2022. Why the Disparity in Africa’s Cocoa Industry? The disparity between Africa’s cocoa production and the global chocolate market’s profits stems from structural imbalances in…