2022
Exports
$702kWorld Rnk 39 / 105
Flag Rnk 958 / 1216
2022
PRODUCT COMPLEXITY IN Cocoa Paste
-0.8Rnk 779 / 1025
2022
Imports
$10.6MWorld Rnk 42 / 169
Flag Rnk 722 / 1216
2022
ECONOMIC COMPLEXITY of Portugal
0.57Rnk 42 / 133

About

Exports In 2022, Portugal exported $702k in Cocoa Paste, making it the 39th largest exporter of Cocoa Paste in the world. At the same year, Cocoa Paste was the 958th most exported product in Portugal. The main destination of Cocoa Paste exports from Portugal are: Spain ($515k), Israel ($153k), Angola ($13.3k), Netherlands ($10.7k), and United States ($2.35k).

The fastest growing export markets for Cocoa Paste of Portugal between 2021 and 2022 were Spain ($513k), Israel ($153k), and Netherlands ($7.99k).

Imports In 2022, Portugal imported $10.6M in Cocoa Paste, becoming the 42nd largest importer of Cocoa Paste in the world. At the same year, Cocoa Paste was the 722nd most imported product in Portugal. Portugal imports Cocoa Paste primarily from: Cote d'Ivoire ($5.66M), Ghana ($2.93M), Spain ($1.1M), Netherlands ($647k), and Italy ($133k).

The fastest growing import markets in Cocoa Paste for Portugal between 2021 and 2022 were Ghana ($2.93M), Spain ($1.09M), and Cote d'Ivoire ($685k).

COMPANIES In 2023, leading companies such as Barry Callebaut (1) were at the forefront of shipping Cocoa Paste from Portugal to the United States.

Latest Trends

Oct 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 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 (2022)$702k
IMPORTS (2022)$10.6M
NET TRADE (2022)-$9.88M

In 2022, Portugal exported $702k in Cocoa Paste. The main destinations of Portugal exports on Cocoa Paste were Spain ($515k), Israel ($153k), Angola ($13.3k), Netherlands ($10.7k), and United States ($2.35k).

In 2022, Portugal imported $10.6M in Cocoa Paste, mainly from Cote d'Ivoire ($5.66M), Ghana ($2.93M), Spain ($1.1M), Netherlands ($647k), and Italy ($133k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cocoa Paste EXPORT MARKETS FOR Portugal WERE (2021 - 2022):
Spain$513k (29.4k%)
Israel$153k (1%)
Netherlands$7.99k (292%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cocoa Paste BY Portugal WERE (2021 - 2022):
United States-$3.63k (-60.7%)
Germany-$2.1k (-56.3%)
Sao Tome and Principe-$1.15k (-61.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Portugal's main exporting competitors in Cocoa Paste were:
In 2022, Portugal's main importing competitors in Cocoa Paste were:

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Trade Value of Cocoa Paste by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSpain+ $219k
TOP IMPORT POTENTIALCote d'Ivoire+ $629k

Cocoa Paste’s highest export potential is Spain. With an export gap of $219k.   Cocoa Paste’s highest import potential is Cote d'Ivoire with an import gap of $629k.

See methodology.

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