Cocoa Beans in
Colombia
2020 ECONOMIC COMPLEXITY of Colombia: 0.14, Rnk 52 / 127
2020 PRODUCT COMPLEXITY IN Cocoa Beans: -2.72, Rnk 1029 / 1029
2020 ECONOMIC COMPLEXITY of Colombia: 0.14, Rnk 52 / 127
2020 PRODUCT COMPLEXITY IN Cocoa Beans: -2.72, Rnk 1029 / 1029
Exports In 2020, Colombia exported N/A in Cocoa Beans, making it the 22nd largest exporter of Cocoa Beans in the world. At the same year, Cocoa Beans was the 93rd most exported product in Colombia. The main destination of Cocoa Beans exports from Colombia are: Mexico ($21.8M), Italy ($1.45M), Belgium ($1.23M), Argentina ($746k), and United States ($719k).
The fastest growing export markets for Cocoa Beans of Colombia between 2019 and 2020 were Mexico ($10.3M), Italy ($1.3M), and Estonia ($307k).
Imports In 2020, Colombia imported $599k in Cocoa Beans, becoming the 54th largest importer of Cocoa Beans in the world. At the same year, Cocoa Beans was the 920th most imported product in Colombia. Colombia imports Cocoa Beans primarily from: Peru ($599k).
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 (AR.PAR N° 04 - Preferencia Arancelaria Regional (Argentina Bolivia Brasil Chile Colombia Cuba Ecuador México Panamá Paraguay Perú Uruguay Venezuela), 12%), Angola (Most Favoured Nation duty rate treatement, 11.7%), Burundi (Most Favoured Nation duty rate treatement, 11.7%), Benin (Most Favoured Nation duty rate treatement, 11.7%), and Burkina Faso (Most Favoured Nation duty rate treatement, 11.7%).
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 Cocoa Beans. Countries are shown based on data availability.
* Using January 2020 exchange rates when trade data is reported in local currency.
IMPORTS (2020): $599k
In N/A, Colombia exported N/A in Cocoa Beans. The main destinations of Colombia exports on Cocoa Beans were Mexico ($21.8M), Italy ($1.45M), Belgium ($1.23M), Argentina ($746k), and United States ($719k).
In 2020, Colombia imported $599k in Cocoa Beans, mainly from Peru ($599k).
THE FASTEST GROWING Cocoa Beans EXPORT MARKETS FOR Colombia WERE (2019 - 2020):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cocoa Beans BY Colombia WERE (2019 - 2020):
In 2020, Colombia's main exporting competitors in Cocoa Beans were:
In 2020, Colombia's main importing competitors in Cocoa Beans were: