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2022
Exports $85.1MWorld Rnk 41 / 196
Flag Rnk 55 / 1142
2022
Destination $6.36M United States
2021 - 2022
FASTEST GROWING MARKET $6.36MUnited States
2022
PRODUCT COMPLEXITY IN Chocolate0.14Rnk 508 / 1025
2022
Imports $65MWorld Rnk 71 / 225
Flag Rnk 222 / 1183
2022
Origin $3.01M United States
2021 - 2022
FASTEST GROWING ORIGIN $3.01MEcuador
2022
ECONOMIC COMPLEXITY of Colombia0.11Rnk 58 / 133

About

Exports In 2022, Colombia exported $85.1M in Chocolate, making it the 41st largest exporter of Chocolate in the world. At the same year, Chocolate was the 55th most exported product in Colombia. The main destination of Chocolate exports from Colombia are: United States ($19.3M), Ecuador ($15.9M), Venezuela ($9.61M), Chile ($5.17M), and Peru ($4.36M).

The fastest growing export markets for Chocolate of Colombia between 2021 and 2022 were United States ($6.36M), Venezuela ($6.2M), and United Kingdom ($874k).

Imports In 2022, Colombia imported $65M in Chocolate, becoming the 71st largest importer of Chocolate in the world. At the same year, Chocolate was the 222nd most imported product in Colombia. Colombia imports Chocolate primarily from: United States ($18.7M), Ecuador ($9.9M), Brazil ($6.65M), Germany ($6.62M), and Mexico ($5.74M).

The fastest growing import markets in Chocolate for Colombia between 2021 and 2022 were Ecuador ($3.01M), Mexico ($2.22M), and Turkey ($1.51M).

Latest Trends

Jul 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Chocolate. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$85.1M
IMPORTS (2022)$65M
NET TRADE (2022)$20.1M

In 2022, Colombia exported $85.1M in Chocolate. The main destinations of Colombia exports on Chocolate were United States ($19.3M), Ecuador ($15.9M), Venezuela ($9.61M), Chile ($5.17M), and Peru ($4.36M).

In 2022, Colombia imported $65M in Chocolate, mainly from United States ($18.7M), Ecuador ($9.9M), Brazil ($6.65M), Germany ($6.62M), and Mexico ($5.74M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Chocolate EXPORT MARKETS FOR Colombia WERE (2021 - 2022):
United States$6.36M (49%)
Venezuela$6.2M (182%)
United Kingdom$874k (26.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Chocolate BY Colombia WERE (2021 - 2022):
Panama-$2.42M (-39%)
Chile-$485k (-8.58%)
Mozambique-$468k (-50.7%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Colombia's main exporting competitors in Chocolate were:
Germany $5.61B
Belgium $3.01B
Italy $2.46B
In 2022, Colombia'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+ $12.7M
TOP IMPORT POTENTIALGermany+ $4.33M

Chocolate’s highest export potential is United States. With an export gap of $12.7M.   Chocolate’s highest import potential is Germany with an import gap of $4.33M.

See methodology.

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