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Pricing

2022
Exports $1.02BWorld Rnk 9 / 196
Flag Rnk 81 / 1216
2022
Destination $25M Ireland
2021 - 2022
FASTEST GROWING MARKET $25MSaudi Arabia
2022
PRODUCT COMPLEXITY IN Chocolate0.14Rnk 508 / 1025
2022
Imports $2.29BWorld Rnk 4 / 225
Flag Rnk 56 / 1214
2022
Origin $14.8M Germany
2021 - 2022
FASTEST GROWING ORIGIN $14.8MEgypt
2022
ECONOMIC COMPLEXITY of United Kingdom1.42Rnk 12 / 133

About

Exports In 2022, United Kingdom exported $1.02B in Chocolate, making it the 9th largest exporter of Chocolate in the world. At the same year, Chocolate was the 81st most exported product in United Kingdom. The main destination of Chocolate exports from United Kingdom are: Ireland ($210M), Netherlands ($169M), Saudi Arabia ($77.1M), Poland ($54.8M), and United States ($46.4M).

The fastest growing export markets for Chocolate of United Kingdom between 2021 and 2022 were Saudi Arabia ($25M), United Kingdom ($10.3M), and Netherlands ($6.75M).

Imports In 2022, United Kingdom imported $2.29B in Chocolate, becoming the 4th largest importer of Chocolate in the world. At the same year, Chocolate was the 56th most imported product in United Kingdom. United Kingdom imports Chocolate primarily from: Germany ($474M), Poland ($322M), Belgium ($243M), France ($239M), and Netherlands ($235M).

The fastest growing import markets in Chocolate for United Kingdom between 2021 and 2022 were Egypt ($14.8M), United Kingdom ($10.3M), and United States ($7.17M).

COMPANIES In 2023, leading companies such as Diageo Beverages (9), J.C. Bamford (2), and DuPont (1) were at the forefront of shipping Chocolate from United Kingdom to the United States.

Latest Trends

September 2024

About

Overview In September 2024 United Kingdom's Chocolate exports accounted up to £110M and imports accounted up to £290M, resulting in a negative trade balance of £181M. Between September 2023 and September 2024 the exports of United Kingdom's   Chocolate have increased by £21.9M (24.9%) from £87.9M to £110M, while imports increased by £36.2M (14.2%) from £254M to £290M.

Destinations In September 2024, Chocolate were exported mostly to Ireland (£32.1M), Netherlands (£13.3M), United States (£11.9M), Poland (£7.08M), and Germany (£4.36M), and were imported mostly from Germany (£60.1M), Belgium (£49.5M), Poland (£37M), France (£28.6M), and Italy (£27.8M).

Growth In September 2024, the increase in Chocolate's year-by-year exports was explained primarily by an increase in exports to Netherlands (£10.4M or 210%), Ireland (£6.58M or 58%), and Saudi Arabia (£1.97M or 42.8%). In September 2024, the increase in Chocolate's year-by-year imports was explained primarily by an increase in imports from Belgium (£6M or 27%), Ireland (£6M or 52.4%), and Netherlands (£3.03M or 26.4%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)£21.9M(24.9%)
IMPORT GROWTH (September 2023 - September 2024)£36.2M(14.2%)
MAIN EXPORTER (September 2024)Liverpool£27.7M
MAIN DESTINATION (September 2024)Ireland£32.1M

This section shows Chocolate's exports and imports data at subnational level for United Kingdom. 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)$1.02B
IMPORTS (2022)$2.29B
NET TRADE (2022)-$1.27B

In 2022, United Kingdom exported $1.02B in Chocolate. The main destinations of United Kingdom exports on Chocolate were Ireland ($210M), Netherlands ($169M), Saudi Arabia ($77.1M), Poland ($54.8M), and United States ($46.4M).

In 2022, United Kingdom imported $2.29B in Chocolate, mainly from Germany ($474M), Poland ($322M), Belgium ($243M), France ($239M), and Netherlands ($235M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Chocolate EXPORT MARKETS FOR United Kingdom WERE (2021 - 2022):
Saudi Arabia$25M (47.9%)
United Kingdom$10.3M (4.49k%)
Netherlands$6.75M (4.16%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Chocolate BY United Kingdom WERE (2021 - 2022):
Ireland-$53.6M (-20.3%)
France-$24.4M (-38.6%)
Poland-$14.3M (-20.7%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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

Explore Visualizations

Trade Value of Chocolate by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $38.9M
TOP IMPORT POTENTIALGermany+ $53M

Chocolate’s highest export potential is France. With an export gap of $38.9M.   Chocolate’s highest import potential is Germany with an import gap of $53M.

See methodology.

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