Cocoa Powder in Brazil | The Observatory of Economic Complexity

About

Exports In 2022, Brazil exported $74.9M in Cocoa Powder, making it the 11th largest exporter of Cocoa Powder in the world. At the same year, Cocoa Powder was the 276th most exported product in Brazil. The main destination of Cocoa Powder exports from Brazil are: Argentina ($31.4M), Netherlands ($14.7M), United States ($9.64M), Chile ($7.5M), and Bolivia ($3.17M).

The fastest growing export markets for Cocoa Powder of Brazil between 2021 and 2022 were Netherlands ($5.98M), United States ($3.2M), and Argentina ($2.98M).

Imports In 2022, Brazil imported $43.3M in Cocoa Powder, becoming the 24th largest importer of Cocoa Powder in the world. At the same year, Cocoa Powder was the 481st most imported product in Brazil. Brazil imports Cocoa Powder primarily from: Uruguay ($11M), Netherlands ($8.49M), Canada ($6.71M), Malaysia ($4.84M), and Germany ($2.46M).

The fastest growing import markets in Cocoa Powder for Brazil between 2021 and 2022 were Ghana ($1.61M), Germany ($1.1M), and Spain ($829k).

COMPANIES In 2023, leading companies such as Goodyear Tire and Rubber (1) were at the forefront of shipping Cocoa Powder from Brazil to the United States.

Latest Trends

April 2024

About

Overview In April 2024 Brazil's Cocoa Powder exports accounted up to $8.04M and imports accounted up to $6.31M, resulting in a positive trade balance of $1.73M. Between April 2023 and April 2024 the exports of Brazil's Cocoa Powder have increased by $1.88M (30.5%) from $6.16M to $8.04M, while imports increased by $2.54M (67.5%) from $3.77M to $6.31M.

Destinations In April 2024, Cocoa Powder were exported mostly to Argentina ($4.15M), Netherlands ($1.26M), Uruguay ($634k), Peru ($566k), and United States ($336k), and were imported mostly from Ghana ($1.69M), Uruguay ($1.4M), Netherlands ($1.15M), Malaysia ($1.14M), and Canada ($706k).

Growth In April 2024, the increase in Cocoa Powder's year-by-year exports was explained primarily by an increase in exports to Peru ($459k or 7.77k%), Paraguay ($205k or 10.2k%), and Uruguay ($108k or 82%). In April 2024, the increase in Cocoa Powder's year-by-year imports was explained primarily by an increase in imports from Netherlands ($861k or 560%), Uruguay ($390k or 72.3%), and Germany ($85.4k or 59.6%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (April 2023 - April 2024)$1.88M(30.5%)

IMPORT GROWTH (April 2023 - April 2024)$2.54M(67.5%)

MAIN EXPORTER (April 2024)Bahia$7.26M

MAIN DESTINATION (April 2024)Argentina$4.15M

This section shows Cocoa Powder's exports and imports data at subnational level for Brazil. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Cocoa Powder over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$74.9M

IMPORTS (2022)$43.3M

NET TRADE (2022)$31.6M

In 2022, Brazil exported $74.9M in Cocoa Powder. The main destinations of Brazil exports on Cocoa Powder were Argentina ($31.4M), Netherlands ($14.7M), United States ($9.64M), Chile ($7.5M), and Bolivia ($3.17M).

In 2022, Brazil imported $43.3M in Cocoa Powder, mainly from Uruguay ($11M), Netherlands ($8.49M), Canada ($6.71M), Malaysia ($4.84M), and Germany ($2.46M).

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