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2022
Exports $36MWorld Rnk 18 / 123
Flag Rnk 620 / 1216
2022
Destination $948k Ireland
2021 - 2022
FASTEST GROWING MARKET $948kUnited States
2022
PRODUCT COMPLEXITY IN Cocoa Butter-1.34Rnk 920 / 1025
2022
Imports $246MWorld Rnk 8 / 179
Flag Rnk 400 / 1214
2022
Origin $5.4M Netherlands
2021 - 2022
FASTEST GROWING ORIGIN $5.4MNetherlands
2022
ECONOMIC COMPLEXITY of United Kingdom1.42Rnk 12 / 133

About

Exports In 2022, United Kingdom exported $36M in Cocoa Butter, making it the 18th largest exporter of Cocoa Butter in the world. At the same year, Cocoa Butter was the 620th most exported product in United Kingdom. The main destination of Cocoa Butter exports from United Kingdom are: Ireland ($17.3M), Poland ($7.89M), France ($3.03M), Belgium ($1.84M), and Egypt ($1.75M).

The fastest growing export markets for Cocoa Butter of United Kingdom between 2021 and 2022 were United States ($948k), Germany ($214k), and Hong Kong ($91.3k).

Imports In 2022, United Kingdom imported $246M in Cocoa Butter, becoming the 8th largest importer of Cocoa Butter in the world. At the same year, Cocoa Butter was the 400th most imported product in United Kingdom. United Kingdom imports Cocoa Butter primarily from: Netherlands ($131M), Cote d'Ivoire ($68.8M), Germany ($11.5M), France ($11.1M), and Indonesia ($5.14M).

The fastest growing import markets in Cocoa Butter for United Kingdom between 2021 and 2022 were Netherlands ($5.4M), Indonesia ($5.14M), and Germany ($4.97M).

Latest Trends

August 2024

About

Overview In August 2024 United Kingdom's Cocoa Butter exports accounted up to £6.86M and imports accounted up to £53.9M, resulting in a negative trade balance of £47.1M. Between August 2023 and August 2024 the exports of United Kingdom's   Cocoa Butter have increased by £5.15M (301%) from £1.71M to £6.86M, while imports increased by £29.5M (121%) from £24.5M to £53.9M.

Destinations In August 2024, Cocoa Butter were exported mostly to Poland (£2.92M), United States (£1.69M), Ireland (£1.3M), Germany (£762k), and Netherlands (£177k), and were imported mostly from Netherlands (£28.8M), Cote d'Ivoire (£9.8M), France (£6.64M), Germany (£5.94M), and Belgium (£2.58M).

Growth In August 2024, the increase in Cocoa Butter's year-by-year exports was explained primarily by an increase in exports to Ireland (£638k or 71.6%), Poland (£323k or 79.2%), and Netherlands (£112k or 401%). In August 2024, the increase in Cocoa Butter's year-by-year imports was explained primarily by an increase in imports from Cote d'Ivoire (£5.45M or 365%), Ghana (£305k or 93.3%), and Nigeria (£220k or 846k%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)£5.15M(301%)
IMPORT GROWTH (August 2023 - August 2024)£29.5M(121%)
MAIN EXPORTER (August 2024)Liverpool£3.89M
MAIN DESTINATION (August 2024)Poland£2.92M

This section shows Cocoa Butter's exports and imports data at subnational level for United Kingdom. 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)$36M
IMPORTS (2022)$246M
NET TRADE (2022)-$210M

In 2022, United Kingdom exported $36M in Cocoa Butter. The main destinations of United Kingdom exports on Cocoa Butter were Ireland ($17.3M), Poland ($7.89M), France ($3.03M), Belgium ($1.84M), and Egypt ($1.75M).

In 2022, United Kingdom imported $246M in Cocoa Butter, mainly from Netherlands ($131M), Cote d'Ivoire ($68.8M), Germany ($11.5M), France ($11.1M), and Indonesia ($5.14M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cocoa Butter EXPORT MARKETS FOR United Kingdom WERE (2021 - 2022):
United States$948k (10.1k%)
Germany$214k (16.3%)
Hong Kong$91.3k (132%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cocoa Butter BY United Kingdom WERE (2021 - 2022):
Ireland-$1.87M (-9.78%)
Poland-$1.53M (-16.2%)
Netherlands-$722k (-59.9%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United Kingdom's main exporting competitors in Cocoa Butter were:
Netherlands $1.37B
Indonesia $669M
Malaysia $617M
In 2022, United Kingdom'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 POTENTIALFrance+ $1.96M
TOP IMPORT POTENTIALFrance+ $5.93M

Cocoa Butter’s highest export potential is France. With an export gap of $1.96M.   Cocoa Butter’s highest import potential is France with an import gap of $5.93M.

See methodology.

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