Chocolate in Spain | The Observatory of Economic Complexity

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Exports In 2022, Spain exported $633M in Chocolate, making it the 13th largest exporter of Chocolate in the world. At the same year, Chocolate was the 143rd most exported product in Spain. The main destination of Chocolate exports from Spain are: France ($136M), Portugal ($91.3M), United Kingdom ($50.8M), Germany ($49.7M), and Belgium ($32.8M).

The fastest growing export markets for Chocolate of Spain between 2021 and 2022 were Germany ($19.7M), Portugal ($15.2M), and Belgium ($13.9M).

Imports In 2022, Spain imported $767M in Chocolate, becoming the 9th largest importer of Chocolate in the world. At the same year, Chocolate was the 129th most imported product in Spain. Spain imports Chocolate primarily from: Germany ($202M), France ($148M), Italy ($137M), Belgium ($67.3M), and Netherlands ($59.6M).

The fastest growing import markets in Chocolate for Spain between 2021 and 2022 were Germany ($24.9M), Switzerland ($9.63M), and Portugal ($6.91M).

COMPANIES In 2023, leading companies such as COSENTINO NORTH AMERICA INC. (812), IKEA SUPPLY AG (592), and BARRY CALLEBAUT USA LLC (572) were at the forefront of shipping Chocolate from Spain to the United States.

Latest Trends

January 2024

About

Overview In January 2024 Spain's Chocolate exports accounted up to €55.9M and imports accounted up to €59M, resulting in a negative trade balance of €3.09M. Between January 2023 and January 2024 the exports of Spain's Chocolate have increased by €4.64M (9.06%) from €51.2M to €55.9M, while imports increased by €6.23M (11.8%) from €52.7M to €59M.

Destinations In January 2024, Chocolate were exported mostly to France (€12.3M), Portugal (€10.2M), Italy (€3.8M), Germany (€3.25M), and Morocco (€2.8M), and were imported mostly from Germany (€17.1M), France (€12.7M), Italy (€9.12M), Belgium (€6.86M), and Netherlands (€3.91M).

Growth In January 2024, the increase in Chocolate's year-by-year exports was explained primarily by an increase in exports to Germany (€2.77M or 117%), Portugal (€2.05M or 34.9%), and United Kingdom (€2.04M or 74.7%). In January 2024, the increase in Chocolate's year-by-year imports was explained primarily by an increase in imports from France (€3.38M or 36.9%), Germany (€3.04M or 25.6%), and Portugal (€1.66M or 195%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)€4.64M(9.06%)

IMPORT GROWTH (January 2023 - January 2024)€6.23M(11.8%)

MAIN EXPORTER (January 2024)Barcelona€18.1M

MAIN DESTINATION (January 2024)France€12.3M

This section shows Chocolate's exports and imports data at subnational level for Spain. 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

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$633M

IMPORTS (2022)$767M

NET TRADE (2022)-$134M

In 2022, Spain exported $633M in Chocolate. The main destinations of Spain exports on Chocolate were France ($136M), Portugal ($91.3M), United Kingdom ($50.8M), Germany ($49.7M), and Belgium ($32.8M).

In 2022, Spain imported $767M in Chocolate, mainly from Germany ($202M), France ($148M), Italy ($137M), Belgium ($67.3M), and Netherlands ($59.6M).

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