2022
Exports
$125MWorld Rnk 35 / 196
Flag Rnk 383 / 1212
2022
PRODUCT COMPLEXITY IN Chocolate
0.14Rnk 508 / 1025
2022
Imports
$128MWorld Rnk 51 / 225
Flag Rnk 401 / 1206
2022
ECONOMIC COMPLEXITY of India
0.64Rnk 40 / 133

About

Exports In 2022, India exported $125M in Chocolate, making it the 35th largest exporter of Chocolate in the world. At the same year, Chocolate was the 383rd most exported product in India. The main destination of Chocolate exports from India are: Indonesia ($15.6M), Brazil ($11.4M), United Arab Emirates ($9.72M), Nepal ($8.53M), and Saudi Arabia ($8.37M).

The fastest growing export markets for Chocolate of India between 2021 and 2022 were Kuwait ($2.57M), Nigeria ($2.06M), and Philippines ($2.02M).

Imports In 2022, India imported $128M in Chocolate, becoming the 51st largest importer of Chocolate in the world. At the same year, Chocolate was the 401st most imported product in India. India imports Chocolate primarily from: Italy ($14.5M), Singapore ($13M), Malaysia ($12.6M), United Arab Emirates ($11.7M), and Germany ($10.7M).

The fastest growing import markets in Chocolate for India between 2021 and 2022 were Germany ($6.3M), Malaysia ($5.28M), and Italy ($4.75M).

COMPANIES In 2023, leading companies such as IKEA Group (301), DuPont (25), and At Home Procurement (2) were at the forefront of shipping Chocolate from India to the United States.

Latest Trends

Sep 2024

Subnational Monthly Trade

View
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)$125M
IMPORTS (2022)$128M
NET TRADE (2022)-$2.89M

In 2022, India exported $125M in Chocolate. The main destinations of India exports on Chocolate were Indonesia ($15.6M), Brazil ($11.4M), United Arab Emirates ($9.72M), Nepal ($8.53M), and Saudi Arabia ($8.37M).

In 2022, India imported $128M in Chocolate, mainly from Italy ($14.5M), Singapore ($13M), Malaysia ($12.6M), United Arab Emirates ($11.7M), and Germany ($10.7M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Chocolate EXPORT MARKETS FOR India WERE (2021 - 2022):
Kuwait$2.57M (99.2%)
Nigeria$2.06M (81.1%)
Philippines$2.02M (38.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Chocolate BY India WERE (2021 - 2022):
Turkey-$6.05M (-45.7%)
Indonesia-$2.79M (-15.2%)
Nepal-$2.71M (-24.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, India's main exporting competitors in Chocolate were:
Germany $5.61B
Belgium $3.01B
Italy $2.46B
In 2022, India's main importing competitors in Chocolate were:

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Trade Value of Chocolate by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSaudi Arabia+ $5.83M
TOP IMPORT POTENTIALGermany+ $11.8M

Chocolate’s highest export potential is Saudi Arabia. With an export gap of $5.83M.   Chocolate’s highest import potential is Germany with an import gap of $11.8M.

See methodology.

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