2023
Exports
$151MWorld Rnk 35 / 202
Flag Rnk 352 / 1212
2023
PRODUCT COMPLEXITY IN Chocolate
0.3Rnk 459 / 1025
2023
Imports
$135MWorld Rnk 53 / 225
Flag Rnk 385 / 1208
2023
ECONOMIC COMPLEXITY of India
0.65Rnk 39 / 132

About

Exports In 2023, India exported $151M in Chocolate, making it the 35th largest exporter of Chocolate in the world. At the same year, Chocolate was the 352nd most exported product in India. The main destination of Chocolate exports from India are: Indonesia ($15.7M), Brazil ($14.5M), United Arab Emirates ($13.7M), Nepal ($11.9M), and Philippines ($11.7M).

The fastest growing export markets for Chocolate of India between 2022 and 2023 were Brazil ($2.42M), Philippines ($2.27M), and Senegal ($1.16M).

Imports In 2023, India imported $135M in Chocolate, becoming the 53rd largest importer of Chocolate in the world. At the same year, Chocolate was the 385th most imported product in India. India imports Chocolate primarily from: Turkey ($20.6M), Italy ($16.4M), Malaysia ($13.7M), Singapore ($11.5M), and United Arab Emirates ($11M).

The fastest growing import markets in Chocolate for India between 2022 and 2023 were Turkey ($10.4M), Indonesia ($4.89M), and Thailand ($3.57M).

COMPANIES In 2023, leading companies such as IKEA Group (301), DuPont (25), and At Home Procurement (2) were at the forefront of shipping Chocolate from India to the United States.

Latest Trends

Dec 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 (2023)$151M
IMPORTS (2023)$135M
NET TRADE (2023)$16.6M

In 2023, India exported $151M in Chocolate. The main destinations of India exports on Chocolate were Indonesia ($15.7M), Brazil ($14.5M), United Arab Emirates ($13.7M), Nepal ($11.9M), and Philippines ($11.7M).

In 2023, India imported $135M in Chocolate, mainly from Turkey ($20.6M), Italy ($16.4M), Malaysia ($13.7M), Singapore ($11.5M), and United Arab Emirates ($11M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Chocolate EXPORT MARKETS FOR India WERE (2022 - 2023):
Brazil$2.42M (19.9%)
Philippines$2.27M (24%)
Senegal$1.16M (360%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Chocolate BY India WERE (2022 - 2023):
Saudi Arabia-$5.63M (-41.6%)
United Arab Emirates-$5.32M (-28%)
Indonesia-$4.94M (-24%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, India's main exporting competitors in Chocolate were:
Germany $6.26B
Belgium $4.09B
Italy $2.74B
In 2023, India's main importing competitors in Chocolate were:

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Trade Value of Chocolate by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSaudi Arabia+ $5.83M
TOP IMPORT POTENTIALGermany+ $11.8M

Chocolate’s highest export potential is Saudi Arabia. With an export gap of $5.83M.   Chocolate’s highest import potential is Germany with an import gap of $11.8M.

See methodology.

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