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2022
Exports $28MWorld Rnk 59 / 196
Flag Rnk 147 / 1142
2022
Destination $1.18M Peru
2021 - 2022
FASTEST GROWING MARKET $1.18MEcuador
2022
PRODUCT COMPLEXITY IN Chocolate0.14Rnk 508 / 1025
2022
Imports $134MWorld Rnk 49 / 225
Flag Rnk 138 / 1203
2022
Origin $1.75M United States
2021 - 2022
FASTEST GROWING ORIGIN $1.75MSingapore
2022
ECONOMIC COMPLEXITY of Chile-0.18Rnk 74 / 133

About

Exports In 2022, Chile exported $28M in Chocolate, making it the 59th largest exporter of Chocolate in the world. At the same year, Chocolate was the 147th most exported product in Chile. The main destination of Chocolate exports from Chile are: Peru ($5.45M), Ecuador ($5.35M), Thailand ($5.32M), Bolivia ($3.07M), and Paraguay ($2.61M).

The fastest growing export markets for Chocolate of Chile between 2021 and 2022 were Ecuador ($1.18M), Thailand ($1.07M), and Peru ($1.05M).

Imports In 2022, Chile imported $134M in Chocolate, becoming the 49th largest importer of Chocolate in the world. At the same year, Chocolate was the 138th most imported product in Chile. Chile imports Chocolate primarily from: United States ($20.2M), Brazil ($15.2M), Germany ($14.8M), Italy ($11.2M), and Belgium ($10.7M).

The fastest growing import markets in Chocolate for Chile between 2021 and 2022 were Singapore ($1.75M), Israel ($1.1M), and Sweden ($988k).

COMPANIES In 2023, leading companies such as Gallo Family Vineyards (4) were at the forefront of shipping Chocolate from Chile to the United States.

Latest Trends

August 2024

About

Overview In August 2024 Chile's Chocolate exports accounted up to $1.57M and imports accounted up to $4.03M, resulting in a negative trade balance of $2.46M. Between August 2023 and August 2024 the exports of Chile's   Chocolate have decreased by $-381k (-19.6%) from $1.95M to $1.57M, while imports decreased by $-2.95M (-42.3%) from $6.98M to $4.03M.

Destinations In August 2024, Chocolate were exported mostly to Ecuador ($481k), Peru ($406k), Thailand ($206k), Paraguay ($203k), and Bolivia ($184k), and were imported mostly from Turkey ($1.08M), Uruguay ($772k), United States ($702k), Argentina ($348k), and Brazil ($267k).

Growth In August 2024, the decrease in Chocolate's year-by-year exports was explained primarily by a decrease in exports to Thailand ($-120k or -34.1%), Peru ($-107k or -23.5%), and Paraguay ($-48.5k or -25.8%). In August 2024, the decrease in Chocolate's year-by-year imports was explained primarily by a decrease in imports from United States ($-765k or -54.3%), Colombia ($-402k or -90.8%), and Turkey ($-341k or -50.6%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)$-381k(-19.6%)
IMPORT GROWTH (August 2023 - August 2024)$-2.95M(-42.3%)
MAIN EXPORTER (August 2024)Santiago$1.43M
MAIN DESTINATION (August 2024)Ecuador$481k

This section shows Chocolate's exports and imports data at subnational level for Chile. 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
EXPORTS (2022)$28M
IMPORTS (2022)$134M
NET TRADE (2022)-$106M

In 2022, Chile exported $28M in Chocolate. The main destinations of Chile exports on Chocolate were Peru ($5.45M), Ecuador ($5.35M), Thailand ($5.32M), Bolivia ($3.07M), and Paraguay ($2.61M).

In 2022, Chile imported $134M in Chocolate, mainly from United States ($20.2M), Brazil ($15.2M), Germany ($14.8M), Italy ($11.2M), and Belgium ($10.7M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Chocolate EXPORT MARKETS FOR Chile WERE (2021 - 2022):
Ecuador$1.18M (28.3%)
Thailand$1.07M (25.2%)
Peru$1.05M (23.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Chocolate BY Chile WERE (2021 - 2022):
Bolivia-$2.14M (-41.1%)
Argentina-$185k (-19.5%)
Panama-$54.6k (-15.9%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Chile's main exporting competitors in Chocolate were:
Germany $5.61B
Belgium $3.01B
Italy $2.46B
In 2022, Chile'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
View
TOP EXPORT POTENTIALArgentina+ $771k
TOP IMPORT POTENTIALGermany+ $4.95M

Chocolate’s highest export potential is Argentina. With an export gap of $771k.   Chocolate’s highest import potential is Germany with an import gap of $4.95M.

See methodology.

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