Europe is the world's largest importer of cocoa beans, with 61% of world imports. Likewise, in Peru during the first half of 2021 alone, exports of cocoa and its derivatives grew by 9% compared to 2020, amounting to more than the US $150 million in revenues, according to the Association of Exporters (ADEX).
Responding to this growing demand and to the new requirements of the European market to curb products that come from deforestation, the Peruvian Coalition for Sustainable Production (Coalición por una Producción Sostenible) has been promoting the Cocoa, Forests and Diversity Agreement, an initiative that seeks to promote sustainable cocoa production through processes that respect the Amazonian forests by 2025.