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Exports In 2022, Trinidad and Tobago exported $27.3M in Chocolate, making it the 60th largest exporter of Chocolate in the world. At the same year, Chocolate was the 22nd most exported product in Trinidad and Tobago. The main destination of Chocolate exports from Trinidad and Tobago are: Jamaica ($11.3M), Guyana ($5.06M), United States ($3.41M), Barbados ($2M), and Ireland ($1.01M).

The fastest growing export markets for Chocolate of Trinidad and Tobago between 2021 and 2022 were Guyana ($2.98M), United States ($2.29M), and Jamaica ($1.81M).

Imports In 2022, Trinidad and Tobago imported $17.4M in Chocolate, becoming the 106th largest importer of Chocolate in the world. At the same year, Chocolate was the 83rd most imported product in Trinidad and Tobago. Trinidad and Tobago imports Chocolate primarily from: United States ($9.35M), United Kingdom ($1.85M), Dominican Republic ($1.35M), Colombia ($1.14M), and Peru ($810k).

The fastest growing import markets in Chocolate for Trinidad and Tobago between 2021 and 2022 were United States ($3.05M), Dominican Republic ($1.31M), and Peru ($810k).

Latest Trends

Oct 2024

Subnational Monthly Trade

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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)$27.3M
IMPORTS (2022)$17.4M
NET TRADE (2022)$9.94M

In 2022, Trinidad and Tobago exported $27.3M in Chocolate. The main destinations of Trinidad and Tobago exports on Chocolate were Jamaica ($11.3M), Guyana ($5.06M), United States ($3.41M), Barbados ($2M), and Ireland ($1.01M).

In 2022, Trinidad and Tobago imported $17.4M in Chocolate, mainly from United States ($9.35M), United Kingdom ($1.85M), Dominican Republic ($1.35M), Colombia ($1.14M), and Peru ($810k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Chocolate EXPORT MARKETS FOR Trinidad and Tobago WERE (2021 - 2022):
Guyana$2.98M (143%)
United States$2.29M (204%)
Jamaica$1.81M (19%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Chocolate BY Trinidad and Tobago WERE (2021 - 2022):
Cayman Islands-$293k (-100%)
Ireland-$264k (-20.7%)
Dominica-$103k (-75.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Chocolate by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $2.99M
TOP IMPORT POTENTIALTurkey+ $264k

Chocolate’s highest export potential is United States. With an export gap of $2.99M.   Chocolate’s highest import potential is Turkey with an import gap of $264k.

See methodology.

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