2022
Exports
$19.3MWorld Rnk 25 / 123
Flag Rnk 165 / 1142
2022
PRODUCT COMPLEXITY IN Cocoa Butter
-1.34Rnk 920 / 1025
2022
Imports
$150kWorld Rnk 95 / 179
Flag Rnk 1066 / 1183
2022
ECONOMIC COMPLEXITY of Colombia
0.11Rnk 58 / 133

About

Exports In 2022, Colombia exported $19.3M in Cocoa Butter, making it the 25th largest exporter of Cocoa Butter in the world. At the same year, Cocoa Butter was the 165th most exported product in Colombia. The main destination of Cocoa Butter exports from Colombia are: United States ($9.14M), Mexico ($5.17M), Trinidad and Tobago ($1.83M), Costa Rica ($1.1M), and Russia ($562k).

The fastest growing export markets for Cocoa Butter of Colombia between 2021 and 2022 were United States ($3.02M), Mexico ($2.94M), and Trinidad and Tobago ($464k).

Imports In 2022, Colombia imported $150k in Cocoa Butter, becoming the 95th largest importer of Cocoa Butter in the world. At the same year, Cocoa Butter was the 1066th most imported product in Colombia. Colombia imports Cocoa Butter primarily from: Peru ($109k), Spain ($18.7k), France ($14.6k), Netherlands ($5.28k), and United States ($3.11k).

The fastest growing import markets in Cocoa Butter for Colombia between 2021 and 2022 were Peru ($86.2k), Spain ($14.3k), and France ($11.4k).

Latest Trends

Nov 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 Cocoa Butter. 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)$19.3M
IMPORTS (2022)$150k
NET TRADE (2022)$19.2M

In 2022, Colombia exported $19.3M in Cocoa Butter. The main destinations of Colombia exports on Cocoa Butter were United States ($9.14M), Mexico ($5.17M), Trinidad and Tobago ($1.83M), Costa Rica ($1.1M), and Russia ($562k).

In 2022, Colombia imported $150k in Cocoa Butter, mainly from Peru ($109k), Spain ($18.7k), France ($14.6k), Netherlands ($5.28k), and United States ($3.11k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cocoa Butter EXPORT MARKETS FOR Colombia WERE (2021 - 2022):
United States$3.02M (49.4%)
Mexico$2.94M (132%)
Trinidad and Tobago$464k (34.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cocoa Butter BY Colombia WERE (2021 - 2022):
Netherlands-$4.07M (-100%)
France-$1.6M (-99.7%)
Germany-$1.11M (-67.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Colombia's main exporting competitors in Cocoa Butter were:
In 2022, Colombia's main importing competitors in Cocoa Butter were:

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Trade Value of Cocoa Butter by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $3.68M
TOP IMPORT POTENTIALPeru+ $62.9k

Cocoa Butter’s highest export potential is United States. With an export gap of $3.68M.   Cocoa Butter’s highest import potential is Peru with an import gap of $62.9k.

See methodology.

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