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2022
Exports $350MWorld Rnk 28 / 199
Flag Rnk 53 / 96
2022
Destination $14.6M Argentina
2021 - 2022
FASTEST GROWING MARKET $14.6MArgentina
2022
PRODUCT COMPLEXITY IN Cocoa & cocoa preparations0.14Rnk 508 / 1025
2022
Imports $298MWorld Rnk 39 / 225
Flag Rnk 60 / 96
2022
Origin $31.5M Cote d'Ivoire
2021 - 2022
FASTEST GROWING ORIGIN $31.5MCote d'Ivoire
2022
ECONOMIC COMPLEXITY of Brazil0.36Rnk 49 / 133

About

Exports In 2022, Brazil exported $350M in Cocoa & cocoa preparations, making it the 28th largest exporter of Cocoa & cocoa preparations in the world. At the same year, Cocoa & cocoa preparations was the 53rd most exported product in Brazil. The main destination of Cocoa & cocoa preparations exports from Brazil are: Argentina ($144M), United States ($46.8M), Chile ($38.4M), Uruguay ($17.3M), and Paraguay ($16.2M).

The fastest growing export markets for Cocoa & cocoa preparations of Brazil between 2021 and 2022 were Argentina ($14.6M), Netherlands ($4.06M), and Bolivia ($3.2M).

Imports In 2022, Brazil imported $298M in Cocoa & cocoa preparations, becoming the 39th largest importer of Cocoa & cocoa preparations in the world. At the same year, Cocoa & cocoa preparations was the 60th most imported product in Brazil. Brazil imports Cocoa & cocoa preparations primarily from: Cote d'Ivoire ($92.7M), Argentina ($39.4M), Indonesia ($25.4M), Germany ($25.1M), and Netherlands ($13.1M).

The fastest growing import markets in Cocoa & cocoa preparations for Brazil between 2021 and 2022 were Cote d'Ivoire ($31.5M), Argentina ($20.9M), and Indonesia ($5.81M).

COMPANIES In 2023, leading companies such as Elkem Silicones (36), Soho Studio (13), and Stihl (10) were at the forefront of shipping Cocoa & cocoa preparations from Brazil to the United States.

Latest Trends

July 2024

About

Overview In July 2024 Brazil's Cocoa & cocoa preparations exports accounted up to $71.5M and imports accounted up to $27.9M, resulting in a positive trade balance of $43.6M. Between July 2023 and July 2024 the exports of Brazil's   Cocoa & cocoa preparations have increased by $39.2M (121%) from $32.3M to $71.5M, while imports increased by $8.49M (43.7%) from $19.4M to $27.9M.

Destinations In July 2024, Cocoa & cocoa preparations were exported mostly to Argentina ($22.1M), Netherlands ($13.6M), Chile ($9.67M), United States ($7.63M), and Indonesia ($6.49M), and were imported mostly from Argentina ($4.95M), Malaysia ($3.05M), Cote d'Ivoire ($2.98M), Uruguay ($2.31M), and Switzerland ($2.11M).

Growth In July 2024, the increase in Cocoa & cocoa preparations's year-by-year exports was explained primarily by an increase in exports to Peru ($413k or 108%), Paraguay ($408k or 51.2%), and Bolivia ($187k or 19.6%). In July 2024, the increase in Cocoa & cocoa preparations's year-by-year imports was explained primarily by an increase in imports from Ghana ($1.08M or 642%), Germany ($991k or 92.2%), and Netherlands ($950k or 451%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$39.2M(121%)
IMPORT GROWTH (July 2023 - July 2024)$8.49M(43.7%)
MAIN EXPORTER (July 2024)Bahia$68.7M
MAIN DESTINATION (July 2024)Argentina$22.1M

This section shows Cocoa & cocoa preparations'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 & cocoa preparations over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$350M
IMPORTS (2022)$298M
NET TRADE (2022)$52M

In 2022, Brazil exported $350M in Cocoa & cocoa preparations. The main destinations of Brazil exports on Cocoa & cocoa preparations were Argentina ($144M), United States ($46.8M), Chile ($38.4M), Uruguay ($17.3M), and Paraguay ($16.2M).

In 2022, Brazil imported $298M in Cocoa & cocoa preparations, mainly from Cote d'Ivoire ($92.7M), Argentina ($39.4M), Indonesia ($25.4M), Germany ($25.1M), and Netherlands ($13.1M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cocoa & cocoa preparations EXPORT MARKETS FOR Brazil WERE (2021 - 2022):
Argentina$14.6M (11.3%)
Netherlands$4.06M (37.6%)
Bolivia$3.2M (27.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cocoa & cocoa preparations BY Brazil WERE (2021 - 2022):
Chile-$26.6M (-41%)
United States-$15.8M (-25.3%)
France-$2.28M (-55.1%)
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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 & cocoa preparations were:
Germany $6.74B
Cote d'Ivoire $5.39B
Netherlands $5.36B
In 2022, Brazil's main importing competitors in Cocoa & cocoa preparations were:
United States $6.22B
Netherlands $4.41B
Germany $4.41B

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Trade Value of Cocoa & cocoa preparations by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $21.6M
TOP IMPORT POTENTIALCote d'Ivoire+ $12.3M

Cocoa & cocoa preparations’s highest export potential is United States. With an export gap of $21.6M.   Cocoa & cocoa preparations’s highest import potential is Cote d'Ivoire with an import gap of $12.3M.

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