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2023
Exports $5.81MWorld Rnk 28 / 107
Flag Rnk 313 / 1150
falsefalse Mexico
2022 - 2023
FASTEST GROWING MARKETfalseMexico
2023
PRODUCT COMPLEXITY IN Cocoa Paste-0.83Rnk 788 / 1025
2023
Imports $251kWorld Rnk 90 / 167
Flag Rnk 1018 / 1192
2022 - 2023
FASTEST GROWING ORIGINfalsefalse
2023
ECONOMIC COMPLEXITY of Colombia0.23Rnk 51 / 132

About

Exports In 2023, Colombia exported $5.81M in Cocoa Paste, making it the 28th largest exporter of Cocoa Paste in the world. At the same year, Cocoa Paste was the 313th most exported product in Colombia. The main destination of Cocoa Paste exports from Colombia are: Mexico ($1.27M), Costa Rica ($1.02M), Trinidad and Tobago ($831k), Russia ($656k), and Argentina ($636k).

The fastest growing export markets for Cocoa Paste of Colombia between 2022 and 2023 were Mexico ($468k), Argentina ($177k), and Chile ($134k).

Imports In 2023, Colombia imported $251k in Cocoa Paste, becoming the 90th largest importer of Cocoa Paste in the world. At the same year, Cocoa Paste was the 1018th most imported product in Colombia. Colombia imports Cocoa Paste primarily from: Peru ($251k).

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 Paste. 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)$5.81M
IMPORTS (2023)$251k
NET TRADE (2023)$5.56M

In 2023, Colombia exported $5.81M in Cocoa Paste. The main destinations of Colombia exports on Cocoa Paste were Mexico ($1.27M), Costa Rica ($1.02M), Trinidad and Tobago ($831k), Russia ($656k), and Argentina ($636k).

In 2023, Colombia imported $251k in Cocoa Paste, mainly from Peru ($251k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Cocoa Paste EXPORT MARKETS FOR Colombia WERE (2022 - 2023):
Mexico$468k (58.5%)
Argentina$177k (38.6%)
Chile$134k (138%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cocoa Paste BY Colombia WERE (2022 - 2023):
Trinidad and Tobago-$1.31M (-61.2%)
United States-$451k (-71.9%)
Costa Rica-$341k (-25%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Colombia's main exporting competitors in Cocoa Paste were:
Cote d'Ivoire $1.32B
Netherlands $781M
Ghana $440M
In 2023, Colombia's main importing competitors in Cocoa Paste were:
United States $560M
Germany $452M
Netherlands $405M

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Trade Value of Cocoa Paste by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $895k
TOP IMPORT POTENTIALPeru+ $26.6k

Cocoa Paste’s highest export potential is United States. With an export gap of $895k.   Cocoa Paste’s highest import potential is Peru with an import gap of $26.6k.

See methodology.

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