Chocolate in United Kingdom | The Observatory of Economic Complexity

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 AMAZON SERVICES LLC (232), THE DOW CHEMICAL COMPANY (26), and DUPONT SPECIALTY PRODUCTS USA, LLC (23) were at the forefront of shipping Chocolate from United Kingdom to the United States.

Latest Trends

January 2024

About

Overview In January 2024 United Kingdom's Chocolate exports accounted up to £72.8M and imports accounted up to £224M, resulting in a negative trade balance of £151M. Between January 2023 and January 2024 the exports of United Kingdom's Chocolate have decreased by £-487k (-0.67%) from £73.3M to £72.8M, while imports increased by £33.9M (17.9%) from £190M to £224M.

Destinations In January 2024, Chocolate were exported mostly to Ireland (£21.7M), Netherlands (£13.7M), Saudi Arabia (£4.23M), Poland (£3.74M), and Germany (£3.4M), and were imported mostly from Germany (£45.7M), Belgium (£33.9M), Italy (£29.6M), Poland (£26.7M), and France (£26.6M).

Growth In January 2024, the decrease in Chocolate's year-by-year exports was explained primarily by a decrease in exports to United States (£-1.53M or -50.1%), Israel (£-1.39M or -55.4%), and Australia (£-436k or -29.8%). In January 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

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)£-487k(-0.67%)

IMPORT GROWTH (January 2023 - January 2024)£33.9M(17.9%)

MAIN EXPORTER (January 2024)Dover Eurotunnel£21.1M

MAIN DESTINATION (January 2024)Ireland£21.7M

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

Trade Value

Growth

Growth (%)

Year

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).

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