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

About

Exports In 2022, United States exported $980M in Miscellaneous Chocolate/Cocoa Preparations, making it the 5th largest exporter of Miscellaneous Chocolate/Cocoa Preparations in the world. At the same year, Miscellaneous Chocolate/Cocoa Preparations was the 313th most exported product in United States. The main destination of Miscellaneous Chocolate/Cocoa Preparations exports from United States are: Canada ($343M), Mexico ($84.3M), South Korea ($45.2M), Vietnam ($38.3M), and Philippines ($36.7M).

The fastest growing import markets in Miscellaneous Chocolate/Cocoa Preparations for United States between 2021 and 2022 were Canada ($75.8M), Mexico ($53.5M), and Poland ($17.1M).

COMPANIES In 2023, leading companies such as IKEA Group (135k), CrimsonLogic (98.6k), and Dole Fresh Fruit (62.1k) were at the forefront of shipping Miscellaneous Chocolate/Cocoa Preparations to the United States.

Latest Trends

June 2024

About

Overview In June 2024 United States' Miscellaneous Chocolate/Cocoa Preparations exports accounted up to $96M and imports accounted up to $135M, resulting in a negative trade balance of $38.5M. Between June 2023 and June 2024 the exports of United States' Miscellaneous Chocolate/Cocoa Preparations have increased by $21.1M (28.1%) from $75M to $96M, while imports increased by $9.64M (7.72%) from $125M to $135M.

Destinations In June 2024, Miscellaneous Chocolate/Cocoa Preparations were exported mostly to Canada ($33.3M), Mexico ($13.2M), United Kingdom ($5.88M), Vietnam ($4.28M), and Netherlands ($3.62M), and were imported mostly from Canada ($64.4M), Mexico ($29.3M), Poland ($7.77M), Germany ($6.71M), and France ($4.71M).

Growth In June 2024, the increase in Miscellaneous Chocolate/Cocoa Preparations's year-by-year exports was explained primarily by an increase in exports to Canada ($6.97M or 32.3%), Singapore ($2.58M or 268%), and Chinese Taipei ($831k or 65.3%). In June 2024, the increase in Miscellaneous Chocolate/Cocoa Preparations's year-by-year imports was explained primarily by an increase in imports from Canada ($13.1M or 31.1%), Germany ($5.26M or 169%), and Malaysia ($1.76M or 1.01k%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (June 2023 - June 2024)$21.1M(28.1%)

IMPORT GROWTH (June 2023 - June 2024)$9.64M(7.72%)

MAIN EXPORTER (June 2024)Pennsylvania$28.2M

MAIN DESTINATION (June 2024)Canada$33.3M

This section shows Miscellaneous Chocolate/Cocoa Preparations's exports and imports data at subnational level for United States. 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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