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2018
Exports $240kWorld Rnk 119 / 196
Flag Rnk 139 / 746
2018
Destination $23.8k United States
2021 - 2022
FASTEST GROWING MARKET $23.8kUnited States
2022
PRODUCT COMPLEXITY IN Chocolate0.14Rnk 508 / 1025
2018
Imports $5.97MWorld Rnk 142 / 225
Flag Rnk 74 / 1102
2018
Origin $469k United States
2021 - 2022
FASTEST GROWING ORIGIN $469kDominican Republic

About

Exports In 2018, Barbados exported $240k in Chocolate, making it the 119th largest exporter of Chocolate in the world. At the same year, Chocolate was the 139th most exported product in Barbados. The main destination of Chocolate exports from Barbados are: United States ($239k) and Grenada ($1.3k).

The fastest growing export markets for Chocolate of Barbados between 2021 and 2022 were United States ($23.8k) and Grenada ($523).

Imports In 2022, Barbados imported $5.97M in Chocolate, becoming the 142nd largest importer of Chocolate in the world. At the same year, Chocolate was the 74th most imported product in Barbados. Barbados imports Chocolate primarily from: United States ($2.36M), Trinidad and Tobago ($2M), United Kingdom ($522k), Dominican Republic ($481k), and Netherlands ($179k).

The fastest growing import markets in Chocolate for Barbados between 2021 and 2022 were Dominican Republic ($469k), Trinidad and Tobago ($436k), and United States ($271k).

Latest Trends

Sep 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)$240k
IMPORTS (2022)$5.97M
NET TRADE (2022)-$5.73M

In 2022, Barbados exported $240k in Chocolate. The main destinations of Barbados exports on Chocolate were United States ($239k) and Grenada ($1.3k).

In 2022, Barbados imported $5.97M in Chocolate, mainly from United States ($2.36M), Trinidad and Tobago ($2M), United Kingdom ($522k), Dominican Republic ($481k), and Netherlands ($179k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Chocolate EXPORT MARKETS FOR Barbados WERE (2021 - 2022):
United States$23.8k (11.1%)
Grenada$523 (67.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Chocolate BY Barbados WERE (2021 - 2022):
Cayman Islands-$2.18k (-100%)
Bermuda-$835 (-100%)
Canada-$50 (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Barbados's main exporting competitors in Chocolate were:
Germany $5.61B
Belgium $3.01B
Italy $2.46B
In 2022, Barbados's main importing competitors in Chocolate were:
United States $3.81B
Germany $2.53B
France $2.33B

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Trade Value of Chocolate by Exporters

Potential Exports

Potential Exports

Flow
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N/A
N/AN/A
N/AN/A

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.

See methodology.

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