2022
Exports
$74.1MWorld Rnk 46 / 196
Flag Rnk 106 / 1100
2022
PRODUCT COMPLEXITY IN Chocolate
0.14Rnk 508 / 1025
2022
Imports
$677MWorld Rnk 10 / 225
Flag Rnk 54 / 1197
2022
ECONOMIC COMPLEXITY of Saudi Arabia
0.78Rnk 35 / 133

About

Exports In 2022, Saudi Arabia exported $74.1M in Chocolate, making it the 46th largest exporter of Chocolate in the world. At the same year, Chocolate was the 106th most exported product in Saudi Arabia. The main destination of Chocolate exports from Saudi Arabia are: Kuwait ($32.5M), Egypt ($12.7M), United Arab Emirates ($10.3M), Oman ($8.17M), and Bahrain ($3.75M).

The fastest growing export markets for Chocolate of Saudi Arabia between 2021 and 2022 were Kuwait ($23M), India ($1.8M), and Lebanon ($931k).

Imports In 2022, Saudi Arabia imported $677M in Chocolate, becoming the 10th largest importer of Chocolate in the world. At the same year, Chocolate was the 54th most imported product in Saudi Arabia. Saudi Arabia imports Chocolate primarily from: United Arab Emirates ($179M), Netherlands ($80.7M), United Kingdom ($77.1M), Egypt ($59.4M), and Italy ($56.1M).

The fastest growing import markets in Chocolate for Saudi Arabia between 2021 and 2022 were United Arab Emirates ($77.5M), Netherlands ($35.2M), and United Kingdom ($25M).

Latest Trends

Nov 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)$74.1M
IMPORTS (2022)$677M
NET TRADE (2022)-$603M

In 2022, Saudi Arabia exported $74.1M in Chocolate. The main destinations of Saudi Arabia exports on Chocolate were Kuwait ($32.5M), Egypt ($12.7M), United Arab Emirates ($10.3M), Oman ($8.17M), and Bahrain ($3.75M).

In 2022, Saudi Arabia imported $677M in Chocolate, mainly from United Arab Emirates ($179M), Netherlands ($80.7M), United Kingdom ($77.1M), Egypt ($59.4M), and Italy ($56.1M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Chocolate EXPORT MARKETS FOR Saudi Arabia WERE (2021 - 2022):
Kuwait$23M (243%)
India$1.8M (119%)
Lebanon$931k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Chocolate BY Saudi Arabia WERE (2021 - 2022):
United Arab Emirates-$3.66M (-26.2%)
Egypt-$2.28M (-15.3%)
Yemen-$788k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Saudi Arabia's main exporting competitors in Chocolate were:
Germany $5.61B
Belgium $3.01B
Italy $2.46B
In 2022, Saudi Arabia'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 Arab Emirates+ $3.75M
TOP IMPORT POTENTIALGermany+ $20.6M

Chocolate’s highest export potential is United Arab Emirates. With an export gap of $3.75M.   Chocolate’s highest import potential is Germany with an import gap of $20.6M.

See methodology.

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