HS Icon Cocoa Beans in  Flag Colombia

2019
Exports | Imports
: $23.2M | $972k, World Rnk 25 / 122
Flag Rnk 114 / 1116 | World Rnk 53 / 154
Flag Rnk 897 / 1190

2018 - 2019
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $7.06M | $3.43k, Mexico |  Ecuador

2019
ECONOMIC COMPLEXITY of Colombia
: 0.25, Rnk 56 / 147

2019
PRODUCT COMPLEXITY  IN Cocoa Beans
: -2.52, Rnk 1025 / 1029

Exports In 2019, Colombia exported $23.2M in Cocoa Beans, making it the 25th largest exporter of Cocoa Beans in the world. At the same year, Cocoa Beans was the 114th most exported product in Colombia. The main destination of Cocoa Beans exports from Colombia are: Mexico ($11.5M), Malaysia ($4.39M), Belgium ($2.66M), United States ($1.4M), and Argentina ($747k).

The fastest growing export markets for Cocoa Beans of Colombia between 2018 and 2019 were Mexico ($7.06M), Belgium ($1.62M), and Malaysia ($1.1M).

Imports In 2019, Colombia imported $972k in Cocoa Beans, becoming the 53rd largest importer of Cocoa Beans in the world. At the same year, Cocoa Beans was the 897th most imported product in Colombia. Colombia imports Cocoa Beans primarily from: Peru ($896k), Ecuador ($75.1k), and Netherlands ($1.6k).

The fastest growing import markets in Cocoa Beans for Colombia between 2018 and 2019 were Ecuador ($3.43k) and Netherlands ($1.6k).

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 MĂ©xico PanamĂĄ Paraguay PerĂș 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%).

Historical Data

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EXPORTS (2019): $23.2M

IMPORTS (2019): $972k

NET TRADE (2019): $22.2M

In 2019, Colombia exported $23.2M in Cocoa Beans. The main destinations of Colombia exports on Cocoa Beans were Mexico ($11.5M), Malaysia ($4.39M), Belgium ($2.66M), United States ($1.4M), and Argentina ($747k).

In 2019, Colombia imported $972k in Cocoa Beans, mainly from Peru ($896k), Ecuador ($75.1k), and Netherlands ($1.6k).

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Flow

THE FASTEST GROWING Cocoa Beans EXPORT MARKETS FOR Colombia WERE (2018 - 2019):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cocoa Beans BY Colombia WERE (2018 - 2019):

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Market Concentration

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In 2019, Colombia's main exporting competitors in Cocoa Beans were:

In 2019, Colombia's main importing competitors in Cocoa Beans were:

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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 (AR.PAR N° 04 - Preferencia Arancelaria Regional (Argentina Bolivia Brasil Chile Colombia Cuba Ecuador MĂ©xico PanamĂĄ Paraguay PerĂș 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%).