Overview: In 2018, Chocolate were the world's 129th most traded product, with a total trade of $29.2B. Between 2017 and 2018 the exports of Chocolate grew by 10%, from $26.5B to $29.2B. Trade in Chocolate represent 0.16% of total world trade.
Exports: In 2018 the top exporters of Chocolate were Germany ($5.17B), Belgium-Luxembourg ($3.13B), Italy ($2.1B), Netherlands ($1.93B), and Poland ($1.74B).
Imports: In 2018 the top importers of Chocolate were United States ($2.76B), Germany ($2.36B), France ($2.31B), United Kingdom ($2.28B), and Netherlands ($1.41B).
Tariffs: In 2018 the average tariff for Chocolate was 32.8%, been the 14 lowest tariff using the HS4 product classification.
The countries with the highest import tariffs for Chocolate are Austria (112%), Iran (71%), Bulgaria (53.5%), Syria (50.6%), and Canada (50.1%). The countries with the lowest tariffs are Mauritius (0%), Hong Kong (0%), Singapore (0%), Switzerland (0%), and Norway (0%).
Ranking: Chocolate ranks 513th in the Product Complexity Index (PCI).