Cocoa Beans in Colombia

EXPORTS (2018): $17M, World Rnk 24 / 112
Flag Rnk 140 / 1062

TOP DESTINATION (2018): $4.48M, Mexico

FASTEST GROWING MARKET (2017 - 2018): $1.2M, Canada

IMPORTS (2018): $1.73M, World Rnk 46 / 115
Flag Rnk 814 / 1184

TOP ORIGIN (2018): $1.31M, Peru

FASTEST GROWING ORIGIN (2017 - 2018): $1.17M, Peru

ECONOMIC COMPLEXITY of Colombia (2018): 0.23, Rnk 56 / 137

PRODUCT COMPLEXITY  IN Cocoa Beans (2018): -2.56, Rnk 1015 / 1018

Exports: In 2018, Colombia exported $17M in Cocoa Beans, making it the 24th largest exporter of Cocoa Beans in the world. At the same year, Cocoa Beans was the 140th most exported product in Colombia. The main destination of Cocoa Beans exports from Colombia are: Mexico ($4.48M), Malaysia ($3.29M), United States ($1.67M), Netherlands ($1.21M), and Canada ($1.2M).

The fastest growing export markets for Cocoa Beans of Colombia between 2017 and 2018 were Canada ($1.2M), United States ($874k), and Indonesia ($427k).

Imports: In 2018, Colombia imported $1.73M in Cocoa Beans, becoming the 46th largest importer of Cocoa Beans in the world. At the same year, Cocoa Beans was the 814th most imported product in Colombia. Colombia imports Cocoa Beans primarily from: Peru ($1.31M), Venezuela ($345k), Ecuador ($71.6k), and Mexico ($3.13k).

The fastest growing import markets in Cocoa Beans for Colombia between 2017 and 2018 were Peru ($1.17M) and Mexico ($3.13k).

Tariffs: In 2018, the average tariff for Colombia in Cocoa Beans was 8.79%. The countries with the highest import tariffs for Cocoa Beans were Cuba (12%), Angola (11.7%), Burundi (11.7%), Benin (11.7%), and Burkina Faso (11.7%).

Value

EXPORTS (2018): $17M

IMPORTS (2018): $1.73M

NET TRADE (2018): $15.2M

In 2018, Colombia exported $17M in Cocoa Beans. The main destinations of Colombia exports on Cocoa Beans were Mexico ($4.48M), Malaysia ($3.29M), United States ($1.67M), Netherlands ($1.21M), and Canada ($1.2M).

In 2018, Colombia imported $1.73M in Cocoa Beans, mainly from Peru ($1.31M), Venezuela ($345k), Ecuador ($71.6k), and Mexico ($3.13k).

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IN 2018, Colombia HAD A POSITIVE NET TRADE IN Cocoa Beans WITH:: Mexico , $4.48M ($4.48M - $3.13k)

IN 2018, Colombia HAD A NEGATIVE NET TRADE IN Cocoa Beans WITH:: Peru , -$882k ($430k - $1.31M)

Flow

THE FASTEST GROWING Cocoa Beans EXPORT MARKETS FOR Colombia WERE (2017 - 2018):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cocoa Beans BY Colombia WERE (2017 - 2018):

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Market Concentration

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Flow
Type

In 2018, Colombia's main exporting competitors in Cocoa Beans were:

In 2018, Colombia's main importing competitors in Cocoa Beans were:

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Trade Forecasts

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Time

This section shows forecasts for total exports and imports, for Cocoa Beans in Colombia. The forecast is based on a short-term, medium-term and long-term model using yearly trade data.

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Tariffs by Country

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In 2018, the average tariff for Colombia in Cocoa Beans was 8.79%.

The countries with the highest tariffs for Cocoa Beans in Colombia were Cuba (12%), Angola (11.7%), Burundi (11.7%), Benin (11.7%), and Burkina Faso (11.7%).

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