2023
Exports
$6.57MWorld Rnk 29 / 128
Flag Rnk 43 / 650
2023
PRODUCT COMPLEXITY IN Cocoa Butter
-1.34Rnk 911 / 1025
2023
Imports
$4.38kWorld Rnk 144 / 179
Flag Rnk 995 / 1041
2023
ECONOMIC COMPLEXITY of Venezuela
-0.82Rnk 100 / 132

About

Exports In 2023, Venezuela exported $6.57M in Cocoa Butter, making it the 29th largest exporter of Cocoa Butter in the world. At the same year, Cocoa Butter was the 43rd most exported product in Venezuela. The main destination of Cocoa Butter exports from Venezuela are: Germany ($3.29M), United States ($2.15M), Canada ($779k), Netherlands ($215k), and Costa Rica ($61k).

The fastest growing export markets for Cocoa Butter of Venezuela between 2022 and 2023 were Germany ($3.29M), Canada ($775k), and Netherlands ($101k).

Imports In 2023, Venezuela imported $4.38k in Cocoa Butter, becoming the 144th largest importer of Cocoa Butter in the world. At the same year, Cocoa Butter was the 995th most imported product in Venezuela. Venezuela imports Cocoa Butter primarily from: Spain ($4.38k).

The fastest growing import markets in Cocoa Butter for Venezuela between N/A and 2023 were Spain ($4.38k).

Latest Trends

Jan 2025

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 Butter. 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 (2023)$6.57M
IMPORTS (2023)$4.38k
NET TRADE (2023)$6.56M

In 2023, Venezuela exported $6.57M in Cocoa Butter. The main destinations of Venezuela exports on Cocoa Butter were Germany ($3.29M), United States ($2.15M), Canada ($779k), Netherlands ($215k), and Costa Rica ($61k).

In 2023, Venezuela imported $4.38k in Cocoa Butter, mainly from Spain ($4.38k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Cocoa Butter EXPORT MARKETS FOR Venezuela WERE (2022 - 2023):
Germany$3.29M (1%)
Canada$775k (16.7k%)
Netherlands$101k (88.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cocoa Butter BY Venezuela WERE (2022 - 2023):
United States-$3.6M (-62.6%)
Estonia-$186k (-93.5%)
South Korea-$7.9k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Venezuela's main exporting competitors in Cocoa Butter were:
In 2023, Venezuela's main importing competitors in Cocoa Butter were:

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Trade Value of Cocoa Butter by Exporters

Potential Exports

Potential Exports

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N/A
N/AN/A
N/AN/A

Cocoa Butter’s highest export potential is N/A. With an export gap of N/A.   Cocoa Butter’s highest import potential is N/A with an import gap of N/A.

See methodology.

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