2022
Exports
$74.6MWorld Rnk 55 / 199
Flag Rnk 45 / 96
2022
PRODUCT COMPLEXITY IN Cocoa & cocoa preparations
0.14Rnk 508 / 1025
2022
Imports
$715MWorld Rnk 18 / 225
Flag Rnk 48 / 96
2022
ECONOMIC COMPLEXITY of Saudi Arabia
0.78Rnk 35 / 133

About

Exports In 2022, Saudi Arabia exported $74.6M in Cocoa & cocoa preparations, making it the 55th largest exporter of Cocoa & cocoa preparations in the world. At the same year, Cocoa & cocoa preparations was the 45th most exported product in Saudi Arabia. The main destination of Cocoa & cocoa preparations exports from Saudi Arabia are: Kuwait ($32.6M), Egypt ($12.7M), United Arab Emirates ($10.6M), Oman ($8.3M), and Bahrain ($3.82M).

The fastest growing export markets for Cocoa & cocoa preparations of Saudi Arabia between 2021 and 2022 were Kuwait ($23M), India ($1.8M), and Lebanon ($931k).

Imports In 2022, Saudi Arabia imported $715M in Cocoa & cocoa preparations, becoming the 18th largest importer of Cocoa & cocoa preparations in the world. At the same year, Cocoa & cocoa preparations was the 48th most imported product in Saudi Arabia. Saudi Arabia imports Cocoa & cocoa preparations primarily from: United Arab Emirates ($180M), Netherlands ($91.4M), United Kingdom ($77.1M), Egypt ($59.4M), and Italy ($56.3M).

The fastest growing import markets in Cocoa & cocoa preparations for Saudi Arabia between 2021 and 2022 were United Arab Emirates ($78.2M), Netherlands ($37.7M), and United Kingdom ($25M).

Latest Trends

Jul 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 & cocoa preparations. 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)$74.6M
IMPORTS (2022)$715M
NET TRADE (2022)-$640M

In 2022, Saudi Arabia exported $74.6M in Cocoa & cocoa preparations. The main destinations of Saudi Arabia exports on Cocoa & cocoa preparations were Kuwait ($32.6M), Egypt ($12.7M), United Arab Emirates ($10.6M), Oman ($8.3M), and Bahrain ($3.82M).

In 2022, Saudi Arabia imported $715M in Cocoa & cocoa preparations, mainly from United Arab Emirates ($180M), Netherlands ($91.4M), United Kingdom ($77.1M), Egypt ($59.4M), and Italy ($56.3M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cocoa & cocoa preparations EXPORT MARKETS FOR Saudi Arabia WERE (2021 - 2022):
Kuwait$23M (241%)
India$1.8M (119%)
Lebanon$931k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cocoa & cocoa preparations BY Saudi Arabia WERE (2021 - 2022):
United Arab Emirates-$3.99M (-27.4%)
Egypt-$2.28M (-15.3%)
Yemen-$799k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Saudi Arabia's main exporting competitors in Cocoa & cocoa preparations were:
In 2022, Saudi Arabia's main importing competitors in Cocoa & cocoa preparations were:

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Trade Value of Cocoa & cocoa preparations by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited Arab Emirates+ $3.78M
TOP IMPORT POTENTIALGermany+ $21.4M

Cocoa & cocoa preparations’s highest export potential is United Arab Emirates. With an export gap of $3.78M.   Cocoa & cocoa preparations’s highest import potential is Germany with an import gap of $21.4M.

See methodology.

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