ICCO

ICCO stands for the International Cocoa Organization. It is an intergovernmental organization established in 1973 under the International Cocoa Agreement. Its primary mission is to foster cooperation among cocoa producing and consuming countries, aiming to improve the prospects for the cocoa economy. The ICCO provides a forum for discussion and consultation on matters related to the cocoa sector, including production, consumption, trade, and prices.

The organization collects, compiles, and disseminates cocoa statistics, offering valuable market intelligence to its members and the wider industry. It also plays a role in promoting sustainable development within the cocoa supply chain, addressing issues such as poverty among farmers, child labor, and environmental concerns. Membership in the ICCO includes most of the world's major cocoa producing and consuming nations. The ICCO's work contributes to greater transparency and stability in the global cocoa market, ultimately benefiting all stakeholders involved.