Chocolate Products (Contains Cocoa, >2kg) in United States | The Observatory of Economic Complexity

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Imports In 2022, United States imported $946M in Chocolate Products (Contains Cocoa, >2kg), becoming the 1st largest importer of Chocolate Products (Contains Cocoa, >2kg) in the world. At the same year, Chocolate Products (Contains Cocoa, >2kg) was the 522nd most imported product in United States. United States imports Chocolate Products (Contains Cocoa, >2kg) primarily from: Canada ($679M), Belgium ($60.1M), Mexico ($54.1M), Ireland ($32.7M), and Cote d'Ivoire ($31.3M).

The fastest growing import markets in Chocolate Products (Contains Cocoa, >2kg) for United States between 2021 and 2022 were Canada ($70.9M), Italy ($11.8M), and Cote d'Ivoire ($8.68M).

COMPANIES In 2023, leading companies such as IKEA Group (135k), CrimsonLogic (98.6k), and Dole Fresh Fruit (62.1k) were at the forefront of shipping Chocolate Products (Contains Cocoa, >2kg) to the United States.

Latest Trends

June 2024

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Overview In June 2024 United States' Chocolate Products (Contains Cocoa, >2kg) exports accounted up to $41.4M and imports accounted up to $107M, resulting in a negative trade balance of $65.3M. Between June 2023 and June 2024 the exports of United States' Chocolate Products (Contains Cocoa, >2kg) have increased by $6.41M (18.3%) from $35M to $41.4M, while imports increased by $34.6M (48.1%) from $72M to $107M.

Destinations In June 2024, Chocolate Products (Contains Cocoa, >2kg) were exported mostly to Canada ($27.3M), Mexico ($10.8M), Peru ($1.3M), South Korea ($533k), and Chile ($243k), and were imported mostly from Canada ($81.1M), Mexico ($7.55M), Belgium ($6.26M), Ireland ($2.78M), and France ($1.61M).

Growth In June 2024, the increase in Chocolate Products (Contains Cocoa, >2kg)'s year-by-year exports was explained primarily by an increase in exports to Australia ($228k or 119%), Saudi Arabia ($119k or 118%), and El Salvador ($100k or 3.43k%). In June 2024, the increase in Chocolate Products (Contains Cocoa, >2kg)'s year-by-year imports was explained primarily by an increase in imports from Cote d'Ivoire ($3.71M or 141%), Canada ($3.18M or 6.07%), and Mexico ($2.25M or 48.2%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (June 2023 - June 2024)$6.41M(18.3%)

IMPORT GROWTH (June 2023 - June 2024)$34.6M(48.1%)

MAIN EXPORTER (June 2024)Pennsylvania$17.7M

MAIN DESTINATION (June 2024)Canada$27.3M

This section shows Chocolate Products (Contains Cocoa, >2kg)'s exports and imports data at subnational level for United States. 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 Products (Contains Cocoa, >2kg) over time.

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