Chocolate in Italy | The Observatory of Economic Complexity

About

Exports In 2022, Italy exported $2.46B in Chocolate, making it the 3rd largest exporter of Chocolate in the world. At the same year, Chocolate was the 54th most exported product in Italy. The main destination of Chocolate exports from Italy are: France ($393M), Germany ($233M), United Kingdom ($187M), Spain ($137M), and United States ($122M).

The fastest growing export markets for Chocolate of Italy between 2021 and 2022 were United States ($41.1M), Canada ($9.74M), and Romania ($9.01M).

Imports In 2022, Italy imported $671M in Chocolate, becoming the 11th largest importer of Chocolate in the world. At the same year, Chocolate was the 193rd most imported product in Italy. Italy imports Chocolate primarily from: Germany ($257M), France ($86M), Belgium ($85.6M), Poland ($61.4M), and Netherlands ($41.5M).

The fastest growing import markets in Chocolate for Italy between 2021 and 2022 were Spain ($3.03M), Romania ($1.91M), and Slovakia ($1.83M).

COMPANIES In 2023, leading companies such as IKEA SUPPLY AG (22k), ELECTROLUX HOME PRODUCTS, INC. (56), and HALL S WAREHOUSE CORPORATION (56) were at the forefront of shipping Chocolate from Italy to the United States.

Latest Trends

December 2023

About

Overview In December 2023 Italy's Chocolate exports accounted up to €208M and imports accounted up to €59.1M, resulting in a positive trade balance of €149M. Between December 2022 and December 2023 the exports of Italy's Chocolate have increased by €21.1M (11.3%) from €187M to €208M, while imports increased by €3.82M (6.91%) from €55.2M to €59.1M.

Destinations In December 2023, Chocolate were exported mostly to France (€33.9M), United Kingdom (€23.5M), Germany (€21.2M), Spain (€10.6M), and Belgium (€10.5M), and were imported mostly from Germany (€26.7M), France (€7.12M), Belgium (€6.71M), Poland (€5.17M), and Netherlands (€4.72M).

Growth In December 2023, the increase in Chocolate's year-by-year exports was explained primarily by an increase in exports to Germany (€8.09M or 44.9%), France (€3.39M or 13.8%), and Saudi Arabia (€2.34M or 71.5%). In December 2023, the increase in Chocolate's year-by-year imports was explained primarily by an increase in imports from Germany (€4.9M or 28.7%), Poland (€1.93M or 51%), and Belgium (€1.75M or 24.7%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (December 2022 - December 2023)€21.1M(11.3%)

IMPORT GROWTH (December 2022 - December 2023)€3.82M(6.91%)

MAIN DESTINATION (December 2023)France€33.9M

This section shows Chocolate's exports and imports data at subnational level for Italy. 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 Chocolate over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$2.46B

IMPORTS (2022)$671M

NET TRADE (2022)$1.79B

In 2022, Italy exported $2.46B in Chocolate. The main destinations of Italy exports on Chocolate were France ($393M), Germany ($233M), United Kingdom ($187M), Spain ($137M), and United States ($122M).

In 2022, Italy imported $671M in Chocolate, mainly from Germany ($257M), France ($86M), Belgium ($85.6M), Poland ($61.4M), and Netherlands ($41.5M).

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