Miscellaneous Chocolate/Cocoa Preparations in Italy | The Observatory of Economic Complexity

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Exports In 2022, Italy exported $1.78B in Miscellaneous Chocolate/Cocoa Preparations, making it the 2nd largest exporter of Miscellaneous Chocolate/Cocoa Preparations in the world. At the same year, Miscellaneous Chocolate/Cocoa Preparations was the 51st most exported product in Italy. The main destination of Miscellaneous Chocolate/Cocoa Preparations exports from Italy are: France ($298M), Germany ($151M), United Kingdom ($149M), Spain ($117M), and Canada ($66.3M).

The fastest growing export markets for Miscellaneous Chocolate/Cocoa Preparations of Italy between 2021 and 2022 were United States ($16.3M), Kuwait ($7.55M), and Canada ($7.53M).

Imports In 2022, Italy imported $277M in Miscellaneous Chocolate/Cocoa Preparations, becoming the 12th largest importer of Miscellaneous Chocolate/Cocoa Preparations in the world. At the same year, Miscellaneous Chocolate/Cocoa Preparations was the 404th most imported product in Italy. Italy imports Miscellaneous Chocolate/Cocoa Preparations primarily from: Germany ($98.8M), France ($52M), Poland ($43.3M), Belgium ($20.7M), and Spain ($14.3M).

The fastest growing import markets in Miscellaneous Chocolate/Cocoa Preparations for Italy between 2021 and 2022 were Belgium ($2.28M), Spain ($2.01M), and United Arab Emirates ($1.15M).

COMPANIES In 2023, leading companies such as CNH Industrial (4.79k), IKEA Group (2.86k), and Valbruna Stainless (2.05k) were at the forefront of shipping Miscellaneous Chocolate/Cocoa Preparations from Italy to the United States.

Latest Trends

March 2024

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Overview In March 2024 Italy's Miscellaneous Chocolate/Cocoa Preparations exports accounted up to €113M and imports accounted up to €18.8M, resulting in a positive trade balance of €94.5M. Between March 2023 and March 2024 the exports of Italy's Miscellaneous Chocolate/Cocoa Preparations have increased by €9.22M (8.85%) from €104M to €113M, while imports decreased by €-1.97M (-9.47%) from €20.8M to €18.8M.

Destinations In March 2024, Miscellaneous Chocolate/Cocoa Preparations were exported mostly to Germany (€19.3M), France (€17.7M), Canada (€9.98M), United Kingdom (€7.82M), and Belgium (€5.32M), and were imported mostly from Poland (€5.97M), Germany (€4.96M), France (€3.86M), Spain (€1.23M), and Belgium (€926k).

Growth In March 2024, the increase in Miscellaneous Chocolate/Cocoa Preparations's year-by-year exports was explained primarily by an increase in exports to Germany (€5.38M or 46.5%), Saudi Arabia (€2.76M or 116%), and France (€2.26M or 12.2%). In March 2024, the decrease in Miscellaneous Chocolate/Cocoa Preparations's year-by-year imports was explained primarily by a decrease in imports from Netherlands (€-253k or -23.5%), Portugal (€-95.2k or -79.2%), and Romania (€-64.5k or -68.7%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (March 2023 - March 2024)€9.22M(8.85%)

IMPORT GROWTH (March 2023 - March 2024)€-1.97M(-9.47%)

MAIN DESTINATION (March 2024)Germany€19.3M

This section shows Miscellaneous Chocolate/Cocoa Preparations's exports and imports data at subnational level for Italy. 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 Miscellaneous Chocolate/Cocoa Preparations over time.

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