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2022
Exports $145MWorld Rnk 33 / 196
Flag Rnk 185 / 1206
2022
Destination $3.95M Argentina
2021 - 2022
FASTEST GROWING MARKET $3.95MArgentina
2022
PRODUCT COMPLEXITY IN Chocolate0.14Rnk 508 / 1025
2022
Imports $124MN/AFlag Rnk 291 / 1198
2022
Origin $20.9M Argentina
2021 - 2022
FASTEST GROWING ORIGIN $20.9MArgentina
2022
ECONOMIC COMPLEXITY of Brazil0.36Rnk 49 / 133

About

Exports In 2022, Brazil exported $145M in Chocolate, making it the 33rd largest exporter of Chocolate in the world. At the same year, Chocolate was the 185th most exported product in Brazil. The main destination of Chocolate exports from Brazil are: Argentina ($39.1M), Paraguay ($15.3M), Chile ($15.2M), Uruguay ($14.1M), and Bolivia ($11.7M).

The fastest growing export markets for Chocolate of Brazil between 2021 and 2022 were Argentina ($3.95M), Bolivia ($3.38M), and Paraguay ($2.64M).

Imports In 2022, Brazil imported $124M in Chocolate, becoming the N/A largest importer of Chocolate in the world. At the same year, Chocolate was the 291st most imported product in Brazil. Brazil imports Chocolate primarily from: Argentina ($39.4M), Germany ($20.9M), India ($11.4M), Belgium ($10.5M), and Italy ($10.2M).

The fastest growing import markets in Chocolate for Brazil between 2021 and 2022 were Argentina ($20.9M), Germany ($3.33M), and Italy ($1.71M).

COMPANIES In 2023, leading companies such as Elkem Silicones (36), Soho Studio (13), and Stihl (10) were at the forefront of shipping Chocolate from Brazil to the United States.

Latest Trends

October 2024

About

Overview In October 2024 Brazil's Chocolate exports accounted up to $12.5M and imports accounted up to $14.8M, resulting in a negative trade balance of $2.28M. Between October 2023 and October 2024 the exports of Brazil's   Chocolate have decreased by $-1.63M (-11.5%) from $14.2M to $12.5M, while imports increased by $447k (3.11%) from $14.4M to $14.8M.

Destinations In October 2024, Chocolate were exported mostly to Argentina ($2.36M), Chile ($1.76M), Uruguay ($1.3M), United States ($1.05M), and Paraguay ($765k), and were imported mostly from Argentina ($5.52M), Germany ($2.13M), Belgium ($1.22M), India ($1.08M), and Switzerland ($1.04M).

Growth In October 2024, the decrease in Chocolate's year-by-year exports was explained primarily by a decrease in exports to Chile ($-141k or -11.6%), Colombia ($-134k or -32.7%), and Yemen ($-74.2k or -70.2%). In October 2024, the increase in Chocolate's year-by-year imports was explained primarily by an increase in imports from Germany ($905k or 97.3%), India ($402k or 24.5%), and Belgium ($280k or 30%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)$-1.63M(-11.5%)
IMPORT GROWTH (October 2023 - October 2024)$447k(3.11%)
MAIN EXPORTER (October 2024)São Paulo$9.35M
MAIN DESTINATION (October 2024)Argentina$2.36M

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 (2022)$145M
IMPORTS (2022)$124M
NET TRADE (2022)$21.1M

In 2022, Brazil exported $145M in Chocolate. The main destinations of Brazil exports on Chocolate were Argentina ($39.1M), Paraguay ($15.3M), Chile ($15.2M), Uruguay ($14.1M), and Bolivia ($11.7M).

In 2022, Brazil imported $124M in Chocolate, mainly from Argentina ($39.4M), Germany ($20.9M), India ($11.4M), Belgium ($10.5M), and Italy ($10.2M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Chocolate EXPORT MARKETS FOR Brazil WERE (2021 - 2022):
Argentina$3.95M (11.2%)
Bolivia$3.38M (40.8%)
Paraguay$2.64M (20.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Chocolate BY Brazil WERE (2021 - 2022):
Chile-$7.49M (-32.9%)
Nigeria-$455k (-62.6%)
Uganda-$314k (-87.7%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Brazil's main exporting competitors in Chocolate were:
Germany $5.61B
Belgium $3.01B
Italy $2.46B
In 2022, Brazil's main importing competitors in Chocolate were:
United States $3.81B
Germany $2.53B
France $2.33B

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Trade Value of Chocolate by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $9.3M
TOP IMPORT POTENTIALGermany+ $9.29M

Chocolate’s highest export potential is United States. With an export gap of $9.3M.   Chocolate’s highest import potential is Germany with an import gap of $9.29M.

See methodology.

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