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2022
Exports $633MWorld Rnk 13 / 196
Flag Rnk 143 / 1214
2022
Destination $19.7M France
2021 - 2022
FASTEST GROWING MARKET $19.7MGermany
2022
PRODUCT COMPLEXITY IN Chocolate0.14Rnk 508 / 1025
2022
Imports $767MWorld Rnk 9 / 225
Flag Rnk 129 / 1214
2022
Origin $24.9M Germany
2021 - 2022
FASTEST GROWING ORIGIN $24.9MGermany
2022
ECONOMIC COMPLEXITY of Spain0.81Rnk 33 / 133

About

Exports In 2022, Spain exported $633M in Chocolate, making it the 13th largest exporter of Chocolate in the world. At the same year, Chocolate was the 143rd most exported product in Spain. The main destination of Chocolate exports from Spain are: France ($136M), Portugal ($91.3M), United Kingdom ($50.8M), Germany ($49.7M), and Belgium ($32.8M).

The fastest growing export markets for Chocolate of Spain between 2021 and 2022 were Germany ($19.7M), Portugal ($15.2M), and Belgium ($13.9M).

Imports In 2022, Spain imported $767M in Chocolate, becoming the 9th largest importer of Chocolate in the world. At the same year, Chocolate was the 129th most imported product in Spain. Spain imports Chocolate primarily from: Germany ($202M), France ($148M), Italy ($137M), Belgium ($67.3M), and Netherlands ($59.6M).

The fastest growing import markets in Chocolate for Spain between 2021 and 2022 were Germany ($24.9M), Switzerland ($9.63M), and Portugal ($6.91M).

COMPANIES In 2023, leading companies such as Cosentino (58), Barry Callebaut (26), and ASOS (8) were at the forefront of shipping Chocolate from Spain to the United States.

Latest Trends

August 2024

About

Overview In August 2024 Spain's Chocolate exports accounted up to €62.5M and imports accounted up to €76.9M, resulting in a negative trade balance of €14.4M. Between August 2023 and August 2024 the exports of Spain's   Chocolate have increased by €1.53M (2.51%) from €61M to €62.5M, while imports increased by €12M (18.5%) from €64.9M to €76.9M.

Destinations In August 2024, Chocolate were exported mostly to France (€16.5M), Portugal (€10.1M), United Kingdom (€3.8M), Italy (€3.32M), and Germany (€3.1M), and were imported mostly from Germany (€17.5M), Italy (€14.3M), France (€13.5M), Belgium (€7.33M), and Austria (€5.82M).

Growth In August 2024, the increase in Chocolate's year-by-year exports was explained primarily by an increase in exports to Germany (€2.77M or 117%), Portugal (€2.05M or 34.9%), and United Kingdom (€2.04M or 74.7%). In August 2024, the increase in Chocolate's year-by-year imports was explained primarily by an increase in imports from France (€3.38M or 36.9%), Germany (€3.04M or 25.6%), and Portugal (€1.66M or 195%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)€1.53M(2.51%)
IMPORT GROWTH (August 2023 - August 2024)€12M(18.5%)
MAIN EXPORTER (August 2024)Barcelona€22.3M
MAIN DESTINATION (August 2024)France€16.5M

This section shows Chocolate's exports and imports data at subnational level for Spain. 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)$633M
IMPORTS (2022)$767M
NET TRADE (2022)-$134M

In 2022, Spain exported $633M in Chocolate. The main destinations of Spain exports on Chocolate were France ($136M), Portugal ($91.3M), United Kingdom ($50.8M), Germany ($49.7M), and Belgium ($32.8M).

In 2022, Spain imported $767M in Chocolate, mainly from Germany ($202M), France ($148M), Italy ($137M), Belgium ($67.3M), and Netherlands ($59.6M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Chocolate EXPORT MARKETS FOR Spain WERE (2021 - 2022):
Germany$19.7M (65.7%)
Portugal$15.2M (20%)
Belgium$13.9M (73.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Chocolate BY Spain WERE (2021 - 2022):
Algeria-$6.52M (-54.2%)
France-$4.24M (-3.03%)
Morocco-$3.78M (-12.7%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Spain's main exporting competitors in Chocolate were:
Germany $5.61B
Belgium $3.01B
Italy $2.46B
In 2022, Spain'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 POTENTIALFrance+ $42.6M
TOP IMPORT POTENTIALFrance+ $26.7M

Chocolate’s highest export potential is France. With an export gap of $42.6M.   Chocolate’s highest import potential is France with an import gap of $26.7M.

See methodology.

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