2022
Exports
$15.7MWorld Rnk 27 / 125
Flag Rnk 183 / 1142
2022
PRODUCT COMPLEXITY IN Cocoa Beans
-2.82Rnk 1025 / 1025
2022
Imports
$712kWorld Rnk 53 / 159
Flag Rnk 948 / 1183
2022
ECONOMIC COMPLEXITY of Colombia
0.11Rnk 58 / 133

About

Exports In 2022, Colombia exported $15.7M in Cocoa Beans, making it the 27th largest exporter of Cocoa Beans in the world. At the same year, Cocoa Beans was the 183rd most exported product in Colombia. The main destination of Cocoa Beans exports from Colombia are: Mexico ($7.11M), Belgium ($4.45M), United States ($791k), Estonia ($594k), and Argentina ($533k).

The fastest growing export markets for Cocoa Beans of Colombia between 2021 and 2022 were United Kingdom ($158k), Italy ($143k), and Japan ($78k).

Imports In 2022, Colombia imported $712k in Cocoa Beans, becoming the 53rd largest importer of Cocoa Beans in the world. At the same year, Cocoa Beans was the 948th most imported product in Colombia. Colombia imports Cocoa Beans primarily from: Peru ($593k) and Ecuador ($119k).

The fastest growing import markets in Cocoa Beans for Colombia between 2021 and 2022 were Peru ($335k) and Ecuador ($93.7k).

Latest Trends

Sep 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 Cocoa Beans. 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)$15.7M
IMPORTS (2022)$712k
NET TRADE (2022)$15M

In 2022, Colombia exported $15.7M in Cocoa Beans. The main destinations of Colombia exports on Cocoa Beans were Mexico ($7.11M), Belgium ($4.45M), United States ($791k), Estonia ($594k), and Argentina ($533k).

In 2022, Colombia imported $712k in Cocoa Beans, mainly from Peru ($593k) and Ecuador ($119k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cocoa Beans EXPORT MARKETS FOR Colombia WERE (2021 - 2022):
United Kingdom$158k (74.8%)
Italy$143k (82.3%)
Japan$78k (51.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cocoa Beans BY Colombia WERE (2021 - 2022):
Mexico-$11.2M (-61.2%)
Estonia-$1.69M (-74%)
Belgium-$661k (-12.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Colombia's main exporting competitors in Cocoa Beans were:
In 2022, Colombia's main importing competitors in Cocoa Beans were:

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Trade Value of Cocoa Beans by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.57M
TOP IMPORT POTENTIALEcuador+ $255k

Cocoa Beans’s highest export potential is United States. With an export gap of $1.57M.   Cocoa Beans’s highest import potential is Ecuador with an import gap of $255k.

See methodology.

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