2022
Exports
$6.08MWorld Rnk 30 / 123
Flag Rnk 40 / 665
falsefalse United States
2022
PRODUCT COMPLEXITY IN Cocoa Butter
-1.34Rnk 920 / 1025
2022
Imports
$38kWorld Rnk 0 / 0
Flag Rnk 0 / 0
2022
ECONOMIC COMPLEXITY of Venezuela
-0.87Rnk 107 / 133

About

Exports In 2022, Venezuela exported $6.08M in Cocoa Butter, making it the 30th largest exporter of Cocoa Butter in the world. At the same year, Cocoa Butter was the 40th most exported product in Venezuela. The main destination of Cocoa Butter exports from Venezuela are: United States ($5.74M), Estonia ($190k), Netherlands ($110k), Peru ($8.91k), and South Korea ($7.51k).

The fastest growing export markets for Cocoa Butter of Venezuela between 2021 and 2022 were United States ($1.63M), Estonia ($190k), and Peru ($8.91k).

Imports In 2021, Venezuela imported $38k in Cocoa Butter, becoming the 0th largest importer of Cocoa Butter in the world. At the same year, Cocoa Butter was the 0th most imported product in Venezuela. Venezuela imports Cocoa Butter primarily from: N/A.

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 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 (2022)$6.08M
IMPORTS (2021)$38k
NET TRADE (2022)$6.08M

In 2022, Venezuela exported $6.08M in Cocoa Butter. The main destinations of Venezuela exports on Cocoa Butter were United States ($5.74M), Estonia ($190k), Netherlands ($110k), Peru ($8.91k), and South Korea ($7.51k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cocoa Butter EXPORT MARKETS FOR Venezuela WERE (2021 - 2022):
United States$1.63M (39.6%)
Estonia$190k (1%)
Peru$8.91k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cocoa Butter BY Venezuela WERE (2021 - 2022):
Germany-$796k (-100%)
Netherlands-$274k (-71.4%)
South Korea-$15.5k (-67.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Venezuela's main exporting competitors in Cocoa Butter were:
In 2022, 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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