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2022
Exports $102MWorld Rnk 10 / 123
Flag Rnk 230 / 1206
2022
Destination $6.81M Argentina
2021 - 2022
FASTEST GROWING MARKET $6.81MArgentina
2022
PRODUCT COMPLEXITY IN Cocoa Butter-1.34Rnk 920 / 1025
2022
Imports $2.17MWorld Rnk 58 / 179
Flag Rnk 976 / 1198
2022
Origin $803k Peru
2021 - 2022
FASTEST GROWING ORIGIN $803kPeru
2022
ECONOMIC COMPLEXITY of Brazil0.36Rnk 49 / 133

About

Exports In 2022, Brazil exported $102M in Cocoa Butter, making it the 10th largest exporter of Cocoa Butter in the world. At the same year, Cocoa Butter was the 230th most exported product in Brazil. The main destination of Cocoa Butter exports from Brazil are: Argentina ($52.2M), United States ($29.6M), Chile ($13.6M), Canada ($3.42M), and France ($1.42M).

The fastest growing export markets for Cocoa Butter of Brazil between 2021 and 2022 were Argentina ($6.81M), Uruguay ($101k), and United Kingdom ($45k).

Imports In 2022, Brazil imported $2.17M in Cocoa Butter, becoming the 58th largest importer of Cocoa Butter in the world. At the same year, Cocoa Butter was the 976th most imported product in Brazil. Brazil imports Cocoa Butter primarily from: Peru ($810k), Cote d'Ivoire ($646k), Indonesia ($360k), Malaysia ($123k), and United Kingdom ($101k).

The fastest growing import markets in Cocoa Butter for Brazil between 2021 and 2022 were Peru ($803k), Indonesia ($360k), and Belgium ($16.7k).

Latest Trends

September 2024

About

Overview In September 2024 Brazil's Cocoa Butter exports accounted up to $22.8M and imports accounted up to $6.64M, resulting in a positive trade balance of $16.2M. Between September 2023 and September 2024 the exports of Brazil's   Cocoa Butter have increased by $17.1M (301%) from $5.69M to $22.8M, while imports increased by $6.49M (4.52k%) from $144k to $6.64M.

Destinations In September 2024, Cocoa Butter were exported mostly to Argentina ($8.95M), United States ($4.88M), Chile ($2.86M), Canada ($2.75M), and Netherlands ($2.35M), and were imported mostly from Peru ($6.27M) and Malaysia ($370k).

Growth In September 2024, the increase in Cocoa Butter's year-by-year exports was explained primarily by an increase in exports to . In September 2024, the increase in Cocoa Butter's year-by-year imports was explained primarily by an increase in imports from .

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)$17.1M(301%)
IMPORT GROWTH (August 2023 - September 2024)$6.49M(4.52k%)
MAIN EXPORTER (September 2024)Bahia$58.8M
MAIN DESTINATION (September 2024)Argentina$8.95M

This section shows Cocoa Butter's exports and imports data at subnational level for Brazil. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Cocoa Butter over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$102M
IMPORTS (2022)$2.17M
NET TRADE (2022)$100M

In 2022, Brazil exported $102M in Cocoa Butter. The main destinations of Brazil exports on Cocoa Butter were Argentina ($52.2M), United States ($29.6M), Chile ($13.6M), Canada ($3.42M), and France ($1.42M).

In 2022, Brazil imported $2.17M in Cocoa Butter, mainly from Peru ($810k), Cote d'Ivoire ($646k), Indonesia ($360k), Malaysia ($123k), and United Kingdom ($101k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cocoa Butter EXPORT MARKETS FOR Brazil WERE (2021 - 2022):
Argentina$6.81M (15%)
Uruguay$101k (132%)
United Kingdom$45k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cocoa Butter BY Brazil WERE (2021 - 2022):
United States-$20.5M (-40.9%)
Chile-$12.7M (-48.2%)
France-$2.23M (-61%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Brazil's main exporting competitors in Cocoa Butter were:
Netherlands $1.37B
Indonesia $669M
Malaysia $617M
In 2022, Brazil's main importing competitors in Cocoa Butter were:
Germany $710M
United States $598M
Belgium $513M

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Trade Value of Cocoa Butter by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $5.69M
TOP IMPORT POTENTIALCote d'Ivoire+ $737k

Cocoa Butter’s highest export potential is United States. With an export gap of $5.69M.   Cocoa Butter’s highest import potential is Cote d'Ivoire with an import gap of $737k.

See methodology.

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