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Exports In 2022, Bermuda exported $2.7k in Chocolate, making it the 172nd largest exporter of Chocolate in the world. At the same year, Chocolate was the 247th most exported product in Bermuda. The main destination of Chocolate exports from Bermuda are: Maldives ($2.2k), United States ($437), Switzerland ($51), France ($5), and Canada ($5).

The fastest growing export markets for Chocolate of Bermuda between 2021 and 2022 were Maldives ($2.2k), United States ($102), and Switzerland ($51).

Imports In 2022, Bermuda imported $1.73M in Chocolate, becoming the 173rd largest importer of Chocolate in the world. At the same year, Chocolate was the 109th most imported product in Bermuda. Bermuda imports Chocolate primarily from: United States ($1.18M), United Kingdom ($442k), Trinidad and Tobago ($59.3k), Netherlands ($9.36k), and Switzerland ($8.24k).

The fastest growing import markets in Chocolate for Bermuda between 2021 and 2022 were Trinidad and Tobago ($32.8k), Panama ($5.25k), and Switzerland ($3.73k).

Latest Trends

Jul 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Chocolate. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$2.7k
IMPORTS (2022)$1.73M
NET TRADE (2022)-$1.73M

In 2022, Bermuda exported $2.7k in Chocolate. The main destinations of Bermuda exports on Chocolate were Maldives ($2.2k), United States ($437), Switzerland ($51), France ($5), and Canada ($5).

In 2022, Bermuda imported $1.73M in Chocolate, mainly from United States ($1.18M), United Kingdom ($442k), Trinidad and Tobago ($59.3k), Netherlands ($9.36k), and Switzerland ($8.24k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Chocolate EXPORT MARKETS FOR Bermuda WERE (2021 - 2022):
Maldives$2.2k (1%)
United States$102 (30.4%)
Switzerland$51 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Chocolate BY Bermuda WERE (2021 - 2022):
France-$80 (-94.1%)
Portugal-$75 (-100%)
Philippines-$45 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Bermuda's main exporting competitors in Chocolate were:
Germany $5.61B
Belgium $3.01B
Italy $2.46B
In 2022, Bermuda's main importing competitors in Chocolate were:

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Trade Value of Chocolate by Exporters

Potential Exports

Potential Exports

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Chocolate’s highest export potential is N/A. With an export gap of N/A.   Chocolate’s highest import potential is N/A with an import gap of N/A.

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