Cocoa and coffee are grown mostly by smallholders in the tropics and consumed mostly in Europe, North America and Asia. The International Cocoa Organization estimated
world cocoa production at 4.73 million tonnes in 2024/25, while the International Coffee Organization
put world coffee production at about 177.5 million 60 kg bags in 2024. Between those farms and the factories sits a short list of merchants and processors that buy, finance, store, certify and ship most of the crop.
This guide profiles ten cocoa and coffee trading companies that matter most to cooperatives, exporters, grinders, roasters and importers, using the latest figures each company or a credible source has published. The sector has consolidated fast since 2024, so ownership is noted where it has changed.
How Cocoa and Coffee Trading Works
Both crops are priced off futures on ICE in New York and London, but the physical business is about origin access, quality and financing farmers ahead of harvest.
Origin buying
Traders buy through cooperatives, licensed buying agents and their own up country stations. In Côte d'Ivoire and Ghana, state regulators set farmgate prices and allocate export contracts.
Pre harvest finance
Cooperatives and exporters need cash to pay farmers before cargoes ship. Traders and banks fund this through pre export and prepayment facilities.
Quality and certification
Beans are graded, blended and certified for traceability and sustainability programmes. Buyers increasingly pay for verified origin, not just volume.
Storage and delivery
Stock sits in origin and destination warehouses, funded through inventory finance
and warehouse receipts, then ships to grinders and roasters under letters of credit
or open account.
Cocoa Traders and Processors
The largest cocoa players combine trading with grinding beans into butter, powder and liquor. For the wider soft commodity market, see our top 10 agro commodities trading companies
and our list of the top 20 commodity trading companies in the world.
1. Barry Callebaut
Barry Callebaut
is the world's leading supplier of chocolate and cocoa products, sourcing beans and processing them into ingredients for food manufacturers. Its half year results to February 2026
show sales of 1.01 million tonnes and revenue of CHF 6.75 billion, with full year 2024/25 sales of about CHF 14.8 billion.
Why it matters to counterparties.
Barry Callebaut is the largest single buyer of West African cocoa outside the state marketing boards, and its sourcing programmes shape what cooperatives must deliver on traceability.
2. ofi
ofi, the food ingredients arm of Olam Group, is one of the largest cocoa and coffee suppliers in the world, alongside nuts and spices. In the first half of 2026 it reported revenue of SGD 12.0 billion, down 18 percent mainly because of lower cocoa and coffee prices, with EBIT of SGD 509.7 million.
Why it matters to counterparties.
ofi sources directly from farmers in Africa, Asia and Latin America and processes both crops, so it can offer a single counterparty for cocoa and coffee supply.
3. Cargill Cocoa and Chocolate
Cargill Cocoa and Chocolate
has been in the business for nearly 50 years and operates 35 locations on five continents, sourcing beans and supplying cocoa and chocolate ingredients to manufacturers.
Why it matters to counterparties.
Cargill pairs cocoa origination in West Africa, Brazil and Indonesia with large European and North American processing, and is backed by one of the strongest balance sheets in agriculture.
4. Touton
Touton, founded in Bordeaux in 1848, trades cocoa, coffee, vanilla and spices through 18 subsidiaries. On 2 April 2026, Hartree Partners completed its acquisition of Touton, which keeps its brand and leadership team.
Why it matters to counterparties.
Touton is a leading independent buyer in Côte d'Ivoire, Ghana and Cameroon. Its new owner also controls Volcafe, so suppliers selling to both should update KYC for the common parent.
5. Sucden
Sucden
is a Paris based, family owned soft commodities merchant best known for sugar, with established cocoa and coffee businesses. It sources cocoa in West and Central Africa and supplies grinders in Europe, North America and Asia.
Why it matters to counterparties.
Sucden is a mid sized, independent alternative to the processors for cooperatives and exporters that want a trading counterparty rather than a vertically integrated buyer.
Green Coffee Traders
Green coffee is more fragmented than cocoa. Producing countries are more numerous, specialty grades command large premiums, and roasters buy from several merchants at once.
6. Neumann Kaffee Gruppe
Neumann Kaffee Gruppe, headquartered in Hamburg, is a leading global green coffee service provider covering farming, export, import, logistics and quality control through more than 60 business units in 28 countries. It runs a USD 1.1 billion syndicated revolving credit facility
led by ING and UniCredit.
Why it matters to counterparties.
NKG's import companies, including Rothfos and InterAmerican Coffee in the US, make it a primary supplier to roasters of every size, from multinationals to specialty buyers.
7. Volcafe
Volcafe
is one of the oldest green coffee merchants, with export operations across Latin America, Africa and Asia. It became part of Hartree Partners when Hartree completed its acquisition of ED&F Man Commodities
in July 2025.
Why it matters to counterparties.
Under Hartree, Volcafe sits alongside Touton's coffee business, creating one of the largest coffee groups under a single owner.
8. Sucafina
Sucafina
is a Swiss green coffee merchant founded in Geneva in 1977, with more than 1,500 employees in 42 countries. In July 2026 Hamburg specialty importer Rehm & Co. joined the Sucafina Group, extending its specialty reach in Europe.
Why it matters to counterparties.
Sucafina is strong in East African and specialty origins and has grown steadily through acquisitions, making it a credible buyer for exporters outside Brazil and Vietnam.
9. Louis Dreyfus Company
Louis Dreyfus Company
runs one of the largest coffee merchandising platforms in the world as part of a portfolio that also covers grains, oilseeds, sugar, cotton and juice. It reported group net sales of USD 53.2 billion
in 2025.
Why it matters to counterparties.
LDC is a major buyer of Brazilian and Vietnamese coffee and can absorb large volumes, which suits exporters and cooperatives with scale.
Trading Both
10. ECOM Agroindustrial
ECOM
is a family owned Swiss merchant trading coffee, cocoa and cotton across 40 producing countries, working with more than 500,000 smallholder farmers. In April 2025, five development finance institutions led by FMO provided a USD 155 million seven year working capital facility
for its sourcing.
Why it matters to counterparties.
ECOM is one of the few large merchants equally active in cocoa and coffee, and its DFI backing gives it unusual capacity to finance smallholder supply chains.
Side by Side Comparison
| Company |
Main crop |
Latest disclosed metric or change |
| Barry Callebaut |
Cocoa |
1.01 Mt sold, H1 2025/26 |
| ofi |
Cocoa and coffee |
SGD 12.0bn revenue, H1 2026 |
| Cargill Cocoa and Chocolate |
Cocoa |
35 locations on five continents |
| Touton |
Cocoa, coffee, vanilla |
Acquired by Hartree, April 2026 |
| Sucden |
Sugar, cocoa, coffee |
Not publicly disclosed |
| Neumann Kaffee Gruppe |
Coffee |
USD 1.1bn revolving facility |
| Volcafe |
Coffee |
Part of Hartree since July 2025 |
| Sucafina |
Coffee |
1,500+ staff in 42 countries |
| Louis Dreyfus Company |
Coffee among other crops |
USD 53.2bn group net sales, 2025 |
| ECOM |
Coffee, cocoa, cotton |
USD 155m DFI facility, 2025 |
The EUDR Deadline
The EU Deforestation Regulation requires anyone placing cocoa or coffee on the EU market to prove it was not grown on land deforested after 2020, down to the plot level. Its application for large operators was postponed to 30 December 2026. Exporters and cooperatives that cannot supply geolocation data will find EU buyers paying less or walking away, and lenders now ask about EUDR readiness when financing these flows.
Cheap cocoa and coffee offers from unknown sellers are a red flag.
Unsolicited offers for large volumes of cocoa beans or green coffee at prices well below ICE futures, sold through broker chains and asking for an upfront fee, an ICPO or a proof of funds, rarely involve real product. Legitimate exporters hold export licences, name the warehouse and grade, and accept verifiable payment such as a letter of credit.
Financing Cocoa and Coffee Flows
Pre export finance for cooperatives and exporters.
Working capital to pay farmers ahead of shipment, secured on export contracts with the buyers above. This is the core of our cacao trade finance for Africa and Latin America.
Warehouse receipt and inventory finance.
Funding for stock held in certified warehouses at origin or destination, typically with a collateral manager in place.
Import finance for grinders and roasters.
Structured commodity finance
and letters of credit for mid sized processors and roasters buying from top tier merchants.
High prices since 2024 have multiplied the working capital each cargo needs. Lenders respond when the file shows a credible buyer, clean title, traceability and hedged price risk, and our guide on how lenders underwrite trade finance
sets out what they check.
Finance Cocoa and Coffee Exports and Imports
Financely works with cooperatives, exporters, traders and processors that need pre export finance, warehouse receipt facilities and letters of credit anchored in real physical flows. We prepare the lender ready file and place it with banks, private credit funds and development lenders from our network of more than 12,700 verified lenders.
Already hold an offtake contract with one of the companies above? That contract is often the strongest asset in your file, and asset based lending
or receivables structures can be built around it.
Frequently Asked Questions
Who are the largest cocoa trading companies?
The largest cocoa buyers and processors are Barry Callebaut, ofi and Cargill, followed by independent traders such as Touton, Sucden and ECOM. In Côte d'Ivoire and Ghana, state regulators also control a large share of export sales.
Who are the largest green coffee traders?
Neumann Kaffee Gruppe, ofi, Louis Dreyfus Company, ECOM, Sucafina and Volcafe are among the largest green coffee merchants, supplying roasters worldwide from producing countries in Latin America, Africa and Asia.
What does the EUDR mean for cocoa and coffee exporters?
The EU Deforestation Regulation requires proof, with plot level geolocation data, that cocoa and coffee sold into the EU was not grown on land deforested after 2020. Its application for large operators was postponed to 30 December 2026.
How do cocoa and coffee cooperatives get financed?
Usually through pre export finance or prepayment from a trader or bank, secured on export contracts and sometimes warehouse receipts. Development finance institutions also fund smallholder supply chains through facilities to traders such as ECOM.