Cocoa Paste in Brazil | The Observatory of Economic Complexity

About

Exports In 2022, Brazil exported $25.4M in Cocoa Paste, making it the 21st largest exporter of Cocoa Paste in the world. At the same year, Cocoa Paste was the 446th most exported product in Brazil. The main destination of Cocoa Paste exports from Brazil are: Argentina ($21M), Chile ($1.99M), United States ($1.91M), Canada ($295k), and Uruguay ($173k).

The fastest growing export markets for Cocoa Paste of Brazil between 2021 and 2022 were Argentina ($840k), United States ($348k), and Canada ($295k).

Imports In 2022, Brazil imported $52M in Cocoa Paste, becoming the 20th largest importer of Cocoa Paste in the world. At the same year, Cocoa Paste was the 451st most imported product in Brazil. Brazil imports Cocoa Paste primarily from: Indonesia ($23.5M), Cote d'Ivoire ($16.1M), Ghana ($3.83M), Ecuador ($3.08M), and Germany ($1.69M).

The fastest growing import markets in Cocoa Paste for Brazil between 2021 and 2022 were Cote d'Ivoire ($12.4M), Indonesia ($7.92M), and Ghana ($2.42M).

Latest Trends

April 2024

About

Overview In April 2024 Brazil's Cocoa Paste exports accounted up to $3.13M and imports accounted up to $3.21M, resulting in a negative trade balance of $74.9k. Between April 2023 and April 2024 the exports of Brazil's Cocoa Paste have increased by $1.75M (126%) from $1.38M to $3.13M, while imports decreased by $-1.08M (-25.1%) from $4.28M to $3.21M.

Destinations In April 2024, Cocoa Paste were exported mostly to Argentina ($2.98M), United States ($153k), and Russia ($60), and were imported mostly from Malaysia ($1.07M), Ecuador ($672k), Peru ($557k), Cote d'Ivoire ($437k), and Cameroon ($333k).

Growth In April 2024, the increase in Cocoa Paste's year-by-year exports was explained primarily by an increase in exports to Argentina ($321k or 29.6%) and Chile ($75.6k or 70.3%). In April 2024, the decrease in Cocoa Paste's year-by-year imports was explained primarily by a decrease in imports from Indonesia ($-3.01M or -68%), United States ($-99.9k or -76.9%), and Ecuador ($-6.89k or -4.12%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (April 2023 - April 2024)$1.75M(126%)

IMPORT GROWTH (April 2023 - April 2024)$-1.08M(-25.1%)

MAIN EXPORTER (April 2024)Bahia$3.72M

MAIN DESTINATION (April 2024)Argentina$2.98M

This section shows Cocoa Paste'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 Paste over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$25.4M

IMPORTS (2022)$52M

NET TRADE (2022)-$26.6M

In 2022, Brazil exported $25.4M in Cocoa Paste. The main destinations of Brazil exports on Cocoa Paste were Argentina ($21M), Chile ($1.99M), United States ($1.91M), Canada ($295k), and Uruguay ($173k).

In 2022, Brazil imported $52M in Cocoa Paste, mainly from Indonesia ($23.5M), Cote d'Ivoire ($16.1M), Ghana ($3.83M), Ecuador ($3.08M), and Germany ($1.69M).

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