Chocolate in South Africa | The Observatory of Economic Complexity

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Exports In 2022, South Africa exported $83.4M in Chocolate, making it the 43rd largest exporter of Chocolate in the world. At the same year, Chocolate was the 168th most exported product in South Africa. The main destination of Chocolate exports from South Africa are: Namibia ($13M), Botswana ($9.54M), Mozambique ($6.42M), Zambia ($6.41M), and Kenya ($4.91M).

The fastest growing export markets for Chocolate of South Africa between 2021 and 2022 were Malaysia ($4.45M), Chinese Taipei ($1.51M), and Namibia ($890k).

Imports In 2022, South Africa imported $127M in Chocolate, becoming the 52nd largest importer of Chocolate in the world. At the same year, Chocolate was the 163rd most imported product in South Africa. South Africa imports Chocolate primarily from: Belgium ($18.2M), Italy ($17.9M), Germany ($17.8M), United Kingdom ($11.5M), and Turkey ($10.8M).

The fastest growing import markets in Chocolate for South Africa between 2021 and 2022 were Eswatini ($1.92M), United Kingdom ($1.65M), and Ireland ($1.47M).

COMPANIES In 2023, leading companies such as LOBLAWS INC (1) were at the forefront of shipping Chocolate from South Africa to the United States.

Latest Trends

February 2024

About

Overview In February 2024 South Africa's Chocolate exports accounted up to ZAR124M and imports accounted up to ZAR157M, resulting in a negative trade balance of ZAR33.1M. Between February 2023 and February 2024 the exports of South Africa's Chocolate have decreased by ZAR-29.3M (-19.1%) from ZAR154M to ZAR124M, while imports decreased by ZAR-24.2M (-13.3%) from ZAR182M to ZAR157M.

Destinations In February 2024, Chocolate were exported mostly to Namibia (ZAR19M), Botswana (ZAR17.3M), Mozambique (ZAR12.7M), Mauritius (ZAR9.41M), and Malaysia (ZAR9.22M), and were imported mostly from Germany (ZAR28.4M), Italy (ZAR25.7M), Ireland (ZAR16.3M), Poland (ZAR14.9M), and Belgium (ZAR13.1M).

Growth In February 2024, the decrease in Chocolate's year-by-year exports was explained primarily by a decrease in exports to Hong Kong (ZAR-13.6M or -82.3%), Botswana (ZAR-7.09M or -58%), and Chinese Taipei (ZAR-4.13M or -99.9%). In February 2024, the decrease in Chocolate's year-by-year imports was explained primarily by a decrease in imports from Ireland (ZAR-6.84M or -100%), Germany (ZAR-5.9M or -17.9%), and Switzerland (ZAR-4.6M or -65.1%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)ZAR-29.3M(-19.1%)

IMPORT GROWTH (February 2023 - February 2024)ZAR-24.2M(-13.3%)

MAIN EXPORTER (February 2024)Port ElizabethZAR26.9M

MAIN DESTINATION (February 2024)NamibiaZAR19M

This section shows Chocolate's exports and imports data at subnational level for South Africa. 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)$83.4M

IMPORTS (2022)$127M

NET TRADE (2022)-$43.8M

In 2022, South Africa exported $83.4M in Chocolate. The main destinations of South Africa exports on Chocolate were Namibia ($13M), Botswana ($9.54M), Mozambique ($6.42M), Zambia ($6.41M), and Kenya ($4.91M).

In 2022, South Africa imported $127M in Chocolate, mainly from Belgium ($18.2M), Italy ($17.9M), Germany ($17.8M), United Kingdom ($11.5M), and Turkey ($10.8M).

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