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2023
Exports $190MWorld Rnk 32 / 202
Flag Rnk 156 / 1207
2023
Destination $14.7M Argentina
2022 - 2023
FASTEST GROWING MARKET $14.7MSaudi Arabia
2023
PRODUCT COMPLEXITY IN Chocolate0.3Rnk 459 / 1025
2023
Imports $165MWorld Rnk 47 / 225
Flag Rnk 239 / 1200
2023
Origin $6.56M Argentina
2022 - 2023
FASTEST GROWING ORIGIN $6.56MArgentina
2023
ECONOMIC COMPLEXITY of Brazil0.31Rnk 49 / 132

About

Exports In 2023, Brazil exported $190M in Chocolate, making it the 32nd largest exporter of Chocolate in the world. At the same year, Chocolate was the 156th most exported product in Brazil. The main destination of Chocolate exports from Brazil are: Argentina ($44.9M), Chile ($19.2M), Paraguay ($15.7M), Uruguay ($15.3M), and Saudi Arabia ($14.8M).

The fastest growing export markets for Chocolate of Brazil between 2022 and 2023 were Saudi Arabia ($14.7M), Argentina ($4.11M), and Kuwait ($4.04M).

Imports In 2023, Brazil imported $165M in Chocolate, becoming the 47th largest importer of Chocolate in the world. At the same year, Chocolate was the 239th most imported product in Brazil. Brazil imports Chocolate primarily from: Argentina ($45.8M), Switzerland ($22.5M), Germany ($22M), India ($14.5M), and Belgium ($14.4M).

The fastest growing import markets in Chocolate for Brazil between 2022 and 2023 were Argentina ($6.56M), Switzerland ($6.11M), and Germany ($5.42M).

COMPANIES In 2024, leading companies such as Elkem Silicones (21), Stihl (12), and Dow Chemical (3) were at the forefront of shipping Chocolate from Brazil to the United States.

Latest Trends

December 2024

About

Overview In December 2024 Brazil's Chocolate exports accounted up to $16.9M and imports accounted up to $21.9M, resulting in a negative trade balance of $4.95M. Between December 2023 and December 2024 the exports of Brazil's   Chocolate have increased by $4.33M (34.4%) from $12.6M to $16.9M, while imports increased by $3.37M (18.3%) from $18.5M to $21.9M.

Destinations In December 2024, Chocolate were exported mostly to Argentina ($3.46M), Paraguay ($1.35M), Chile ($1.32M), Uruguay ($1.24M), and United States ($1.03M), and were imported mostly from Argentina ($9.98M), Switzerland ($3.89M), Belgium ($1.43M), Germany ($1.32M), and India ($1.3M).

Growth In December 2024, the increase in Chocolate's year-by-year exports was explained primarily by an increase in exports to Argentina ($2.24M or 70.6%), Chile ($614k or 57.4%), and United States ($548k or 105%). In December 2024, the increase in Chocolate's year-by-year imports was explained primarily by an increase in imports from Switzerland ($1.76M or 120%), Italy ($908k or 58.9%), and Spain ($351k or 782%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2023 - December 2024)$4.33M(34.4%)
IMPORT GROWTH (December 2023 - December 2024)$3.37M(18.3%)
MAIN EXPORTER (December 2024)São Paulo$9.35M
MAIN DESTINATION (December 2024)Argentina$3.46M

This section shows Chocolate'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 Chocolate over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$190M
IMPORTS (2023)$165M
NET TRADE (2023)$25.6M

In 2023, Brazil exported $190M in Chocolate. The main destinations of Brazil exports on Chocolate were Argentina ($44.9M), Chile ($19.2M), Paraguay ($15.7M), Uruguay ($15.3M), and Saudi Arabia ($14.8M).

In 2023, Brazil imported $165M in Chocolate, mainly from Argentina ($45.8M), Switzerland ($22.5M), Germany ($22M), India ($14.5M), and Belgium ($14.4M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Chocolate EXPORT MARKETS FOR Brazil WERE (2022 - 2023):
Saudi Arabia$14.7M (59k%)
Argentina$4.11M (10.1%)
Kuwait$4.04M (2.17k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Chocolate BY Brazil WERE (2022 - 2023):
Chile-$4.08M (-17.5%)
Colombia-$1.45M (-20.4%)
Canada-$923k (-66.5%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Brazil's main exporting competitors in Chocolate were:
Germany $6.26B
Belgium $4.09B
Italy $2.74B
In 2023, Brazil's main importing competitors in Chocolate were:
United States $4.04B
United Kingdom $3.01B
Germany $2.95B

Explore Visualizations

Trade Value of Chocolate by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $9.3M
N/AN/AN/A

Chocolate’s highest export potential is United States. With an export gap of $9.3M.   Chocolate’s highest import potential is N/A with an import gap of N/A.

See methodology.

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