2022
Exports
$648kWorld Rnk 106 / 196
Flag Rnk 269 / 918
2022
PRODUCT COMPLEXITY IN Chocolate
0.14Rnk 508 / 1025
2022
Imports
$36.1MWorld Rnk 89 / 225
Flag Rnk 81 / 1152
2022
ECONOMIC COMPLEXITY of Uruguay
0.15Rnk 57 / 133

About

Exports In 2022, Uruguay exported $648k in Chocolate, making it the 106th largest exporter of Chocolate in the world. At the same year, Chocolate was the 269th most exported product in Uruguay. The main destination of Chocolate exports from Uruguay are: Chile ($270k), Burkina Faso ($193k), Paraguay ($66.5k), Madagascar ($53.1k), and Sierra Leone ($48.3k).

The fastest growing export markets for Chocolate of Uruguay between 2021 and 2022 were Burkina Faso ($145k), Sierra Leone ($48.3k), and Paraguay ($46.4k).

Imports In 2022, Uruguay imported $36.1M in Chocolate, becoming the 89th largest importer of Chocolate in the world. At the same year, Chocolate was the 81st most imported product in Uruguay. Uruguay imports Chocolate primarily from: Brazil ($14.1M), Argentina ($10.6M), Germany ($4.38M), Netherlands ($1.33M), and United States ($841k).

The fastest growing import markets in Chocolate for Uruguay between 2021 and 2022 were Brazil ($2.1M), Germany ($1.44M), and Argentina ($615k).

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)$648k
IMPORTS (2022)$36.1M
NET TRADE (2022)-$35.4M

In 2022, Uruguay exported $648k in Chocolate. The main destinations of Uruguay exports on Chocolate were Chile ($270k), Burkina Faso ($193k), Paraguay ($66.5k), Madagascar ($53.1k), and Sierra Leone ($48.3k).

In 2022, Uruguay imported $36.1M in Chocolate, mainly from Brazil ($14.1M), Argentina ($10.6M), Germany ($4.38M), Netherlands ($1.33M), and United States ($841k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Chocolate EXPORT MARKETS FOR Uruguay WERE (2021 - 2022):
Burkina Faso$145k (307%)
Sierra Leone$48.3k (1%)
Paraguay$46.4k (230%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Chocolate BY Uruguay WERE (2021 - 2022):
Mexico-$151k (-100%)
France-$137k (-100%)
Guinea-$89.6k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Uruguay's main exporting competitors in Chocolate were:
Germany $5.61B
Belgium $3.01B
Italy $2.46B
In 2022, Uruguay'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 POTENTIALChile+ $50.2k
TOP IMPORT POTENTIALGermany+ $1.31M

Chocolate’s highest export potential is Chile. With an export gap of $50.2k.   Chocolate’s highest import potential is Germany with an import gap of $1.31M.

See methodology.

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