Cocoa Butter in United Kingdom | The Observatory of Economic Complexity

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Exports In 2022, United Kingdom exported $36M in Cocoa Butter, making it the 18th largest exporter of Cocoa Butter in the world. At the same year, Cocoa Butter was the 620th most exported product in United Kingdom. The main destination of Cocoa Butter exports from United Kingdom are: Ireland ($17.3M), Poland ($7.89M), France ($3.03M), Belgium ($1.84M), and Egypt ($1.75M).

The fastest growing export markets for Cocoa Butter of United Kingdom between 2021 and 2022 were United States ($948k), Germany ($214k), and Hong Kong ($91.3k).

Imports In 2022, United Kingdom imported $246M in Cocoa Butter, becoming the 8th largest importer of Cocoa Butter in the world. At the same year, Cocoa Butter was the 400th most imported product in United Kingdom. United Kingdom imports Cocoa Butter primarily from: Netherlands ($131M), Cote d'Ivoire ($68.8M), Germany ($11.5M), France ($11.1M), and Indonesia ($5.14M).

The fastest growing import markets in Cocoa Butter for United Kingdom between 2021 and 2022 were Netherlands ($5.4M), Indonesia ($5.14M), and Germany ($4.97M).

Latest Trends

February 2024

About

Overview In February 2024 United Kingdom's Cocoa Butter exports accounted up to £4.14M and imports accounted up to £34.2M, resulting in a negative trade balance of £30M. Between February 2023 and February 2024 the exports of United Kingdom's Cocoa Butter have increased by £1.38M (50%) from £2.76M to £4.14M, while imports increased by £17.1M (99.8%) from £17.1M to £34.2M.

Destinations In February 2024, Cocoa Butter were exported mostly to Ireland (£2.67M), Poland (£938k), Germany (£462k), Sweden (£46.8k), and Australia (£8.75k), and were imported mostly from Netherlands (£19.1M), Cote d'Ivoire (£11.9M), Germany (£1.9M), France (£706k), and Belgium (£361k).

Growth In February 2024, the increase in Cocoa Butter's year-by-year exports was explained primarily by an increase in exports to Ireland (£638k or 71.6%), Poland (£323k or 79.2%), and Netherlands (£112k or 401%). In February 2024, the increase in Cocoa Butter's year-by-year imports was explained primarily by an increase in imports from Cote d'Ivoire (£5.45M or 365%), Ghana (£305k or 93.3%), and Nigeria (£220k or 846k%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)£1.38M(50%)

IMPORT GROWTH (February 2023 - February 2024)£17.1M(99.8%)

MAIN EXPORTER (February 2024)Liverpool£2.67M

MAIN DESTINATION (February 2024)Ireland£2.67M

This section shows Cocoa Butter's exports and imports data at subnational level for United Kingdom. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Cocoa Butter over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$36M

IMPORTS (2022)$246M

NET TRADE (2022)-$210M

In 2022, United Kingdom exported $36M in Cocoa Butter. The main destinations of United Kingdom exports on Cocoa Butter were Ireland ($17.3M), Poland ($7.89M), France ($3.03M), Belgium ($1.84M), and Egypt ($1.75M).

In 2022, United Kingdom imported $246M in Cocoa Butter, mainly from Netherlands ($131M), Cote d'Ivoire ($68.8M), Germany ($11.5M), France ($11.1M), and Indonesia ($5.14M).

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