2022
Exports
$52.8MWorld Rnk 50 / 196
Flag Rnk 89 / 1148
2022
PRODUCT COMPLEXITY IN Chocolate
0.14Rnk 508 / 1025
2022
Imports
$51.9MWorld Rnk 75 / 225
Flag Rnk 207 / 1183
2022
ECONOMIC COMPLEXITY of Peru
-0.6Rnk 93 / 133

About

Exports In 2022, Peru exported $52.8M in Chocolate, making it the 50th largest exporter of Chocolate in the world. At the same year, Chocolate was the 89th most exported product in Peru. The main destination of Chocolate exports from Peru are: United States ($27.9M), Canada ($7.35M), Bolivia ($4.13M), Ecuador ($3.69M), and Chile ($3.39M).

The fastest growing export markets for Chocolate of Peru between 2021 and 2022 were United States ($12.7M), Canada ($5.1M), and Trinidad and Tobago ($810k).

Imports In 2022, Peru imported $51.9M in Chocolate, becoming the 75th largest importer of Chocolate in the world. At the same year, Chocolate was the 207th most imported product in Peru. Peru imports Chocolate primarily from: United States ($8.6M), Malaysia ($7.61M), Singapore ($5.62M), Chile ($5.45M), and Colombia ($4.36M).

The fastest growing import markets in Chocolate for Peru between 2021 and 2022 were Singapore ($1.24M), Chile ($1.05M), and Colombia ($683k).

COMPANIES In 2023, leading companies such as IKEA Group (4) were at the forefront of shipping Chocolate from Peru to the United States.

Latest Trends

Sep 2024

Subnational Monthly Trade

View
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)$52.8M
IMPORTS (2022)$51.9M
NET TRADE (2022)$874k

In 2022, Peru exported $52.8M in Chocolate. The main destinations of Peru exports on Chocolate were United States ($27.9M), Canada ($7.35M), Bolivia ($4.13M), Ecuador ($3.69M), and Chile ($3.39M).

In 2022, Peru imported $51.9M in Chocolate, mainly from United States ($8.6M), Malaysia ($7.61M), Singapore ($5.62M), Chile ($5.45M), and Colombia ($4.36M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Chocolate EXPORT MARKETS FOR Peru WERE (2021 - 2022):
United States$12.7M (83%)
Canada$5.1M (227%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Chocolate BY Peru WERE (2021 - 2022):
Colombia-$451k (-40.7%)
Austria-$262k (-100%)
Mexico-$206k (-17.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Peru's main exporting competitors in Chocolate were:
Germany $5.61B
Belgium $3.01B
Italy $2.46B
In 2022, Peru'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 POTENTIALUnited States+ $9.88M
TOP IMPORT POTENTIALUnited States+ $2.06M

Chocolate’s highest export potential is United States. With an export gap of $9.88M.   Chocolate’s highest import potential is United States with an import gap of $2.06M.

See methodology.

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