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2018
Exports $74.9MWorld Rnk 11 / 147
Flag Rnk 276 / 1206
2018
Destination $5.98M Argentina
2021 - 2022
FASTEST GROWING MARKET $5.98MNetherlands
2022
PRODUCT COMPLEXITY IN Cocoa Powder-0.69Rnk 755 / 1025
2018
Imports $43.3MWorld Rnk 24 / 215
Flag Rnk 481 / 1198
2018
Origin $1.61M Uruguay
2021 - 2022
FASTEST GROWING ORIGIN $1.61MGhana
2022
ECONOMIC COMPLEXITY of Brazil0.36Rnk 49 / 133

About

Exports In 2018, Brazil exported $74.9M in Cocoa Powder, making it the 11th largest exporter of Cocoa Powder in the world. At the same year, Cocoa Powder was the 276th most exported product in Brazil. The main destination of Cocoa Powder exports from Brazil are: Argentina ($31.4M), Netherlands ($14.7M), United States ($9.64M), Chile ($7.5M), and Bolivia ($3.17M).

The fastest growing export markets for Cocoa Powder of Brazil between 2021 and 2022 were Netherlands ($5.98M), United States ($3.2M), and Argentina ($2.98M).

Imports In 2022, Brazil imported $43.3M in Cocoa Powder, becoming the 24th largest importer of Cocoa Powder in the world. At the same year, Cocoa Powder was the 481st most imported product in Brazil. Brazil imports Cocoa Powder primarily from: Uruguay ($11M), Netherlands ($8.49M), Canada ($6.71M), Malaysia ($4.84M), and Germany ($2.46M).

The fastest growing import markets in Cocoa Powder for Brazil between 2021 and 2022 were Ghana ($1.61M), Germany ($1.1M), and Spain ($829k).

COMPANIES In 2023, leading companies such as Goodyear Tire and Rubber (1) were at the forefront of shipping Cocoa Powder from Brazil to the United States.

Latest Trends

October 2024

About

Overview In October 2024 Brazil's Cocoa Powder exports accounted up to $14.2M and imports accounted up to $6.24M, resulting in a positive trade balance of $7.96M. Between October 2023 and October 2024 the exports of Brazil's   Cocoa Powder have increased by $5.44M (62.1%) from $8.76M to $14.2M, while imports increased by $1.21M (24.1%) from $5.03M to $6.24M.

Destinations In October 2024, Cocoa Powder were exported mostly to Argentina ($6.4M), Netherlands ($3.13M), United States ($1.31M), Bolivia ($791k), and Mexico ($787k), and were imported mostly from Uruguay ($2.9M), Netherlands ($1.51M), Cote d'Ivoire ($555k), Canada ($553k), and Malaysia ($450k).

Growth In October 2024, the increase in Cocoa Powder's year-by-year exports was explained primarily by an increase in exports to Peru ($459k or 7.77k%), Paraguay ($205k or 10.2k%), and Uruguay ($108k or 82%). In October 2024, the increase in Cocoa Powder's year-by-year imports was explained primarily by an increase in imports from Netherlands ($861k or 560%), Uruguay ($390k or 72.3%), and Germany ($85.4k or 59.6%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)$5.44M(62.1%)
IMPORT GROWTH (October 2023 - October 2024)$1.21M(24.1%)
MAIN EXPORTER (October 2024)Bahia$13.6M
MAIN DESTINATION (October 2024)Argentina$6.4M

This section shows Cocoa Powder'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 Powder over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$74.9M
IMPORTS (2022)$43.3M
NET TRADE (2022)$31.6M

In 2022, Brazil exported $74.9M in Cocoa Powder. The main destinations of Brazil exports on Cocoa Powder were Argentina ($31.4M), Netherlands ($14.7M), United States ($9.64M), Chile ($7.5M), and Bolivia ($3.17M).

In 2022, Brazil imported $43.3M in Cocoa Powder, mainly from Uruguay ($11M), Netherlands ($8.49M), Canada ($6.71M), Malaysia ($4.84M), and Germany ($2.46M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cocoa Powder EXPORT MARKETS FOR Brazil WERE (2021 - 2022):
Netherlands$5.98M (68.8%)
United States$3.2M (49.7%)
Argentina$2.98M (10.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cocoa Powder BY Brazil WERE (2021 - 2022):
Chile-$2.21M (-22.7%)
Uruguay-$425k (-13.2%)
Turkey-$357k (-70.5%)
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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 Powder were:
Netherlands $846M
Malaysia $419M
Germany $325M
In 2022, Brazil's main importing competitors in Cocoa Powder were:
United States $363M
Netherlands $168M
China $151M

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Trade Value of Cocoa Powder by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $4.43M
TOP IMPORT POTENTIALIndonesia+ $1.45M

Cocoa Powder’s highest export potential is United States. With an export gap of $4.43M.   Cocoa Powder’s highest import potential is Indonesia with an import gap of $1.45M.

See methodology.

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