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2023
Exports $88.8MWorld Rnk 9 / 153
Flag Rnk 243 / 1207
2023
Destination $7.68M Argentina
2022 - 2023
FASTEST GROWING MARKET $7.68MArgentina
2023
PRODUCT COMPLEXITY IN Cocoa Powder-0.7Rnk 759 / 1025
2023
Imports $44.8MWorld Rnk 23 / 214
Flag Rnk 474 / 1200
2023
Origin $3.99M Uruguay
2022 - 2023
FASTEST GROWING ORIGIN $3.99MNetherlands
2023
ECONOMIC COMPLEXITY of Brazil0.31Rnk 49 / 132

About

Exports In 2023, Brazil exported $88.8M in Cocoa Powder, making it the 9th largest exporter of Cocoa Powder in the world. At the same year, Cocoa Powder was the 243rd most exported product in Brazil. The main destination of Cocoa Powder exports from Brazil are: Argentina ($40M), Chile ($10.8M), Netherlands ($9.01M), United States ($8.33M), and Peru ($6.5M).

The fastest growing export markets for Cocoa Powder of Brazil between 2022 and 2023 were Argentina ($7.68M), Peru ($6.09M), and Chile ($2.45M).

Imports In 2023, Brazil imported $44.8M in Cocoa Powder, becoming the 23rd largest importer of Cocoa Powder in the world. At the same year, Cocoa Powder was the 474th most imported product in Brazil. Brazil imports Cocoa Powder primarily from: Uruguay ($10.5M), Netherlands ($10.1M), Canada ($10.1M), Malaysia ($3.38M), and Indonesia ($2.68M).

The fastest growing import markets in Cocoa Powder for Brazil between 2022 and 2023 were Netherlands ($3.99M), Canada ($2.47M), and Indonesia ($1.53M).

Latest Trends

December 2024

About

Overview In December 2024 Brazil's Cocoa Powder exports accounted up to $18.3M and imports accounted up to $5.96M, resulting in a positive trade balance of $12.3M. Between December 2023 and December 2024 the exports of Brazil's   Cocoa Powder have increased by $9.65M (112%) from $8.65M to $18.3M, while imports increased by $3.43M (136%) from $2.53M to $5.96M.

Destinations In December 2024, Cocoa Powder were exported mostly to Argentina ($7.81M), Netherlands ($3.51M), Chile ($1.56M), United States ($1.39M), and Mexico ($1.12M), and were imported mostly from Netherlands ($2.78M), Canada ($1.21M), Uruguay ($734k), Malaysia ($515k), and France ($166k).

Growth In December 2024, the increase in Cocoa Powder's year-by-year exports was explained primarily by an increase in exports to Bolivia ($367k or 175%), United States ($249k or 45.2%), and Chile ($215k or 33.6%). In December 2024, the increase in Cocoa Powder's year-by-year imports was explained primarily by an increase in imports from Canada ($242k or 41.6%), Uruguay ($222k or 23.8%), and Malaysia ($46.3k or 20.7%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2023 - December 2024)$9.65M(112%)
IMPORT GROWTH (December 2023 - December 2024)$3.43M(136%)
MAIN EXPORTER (December 2024)Bahia$17.5M
MAIN DESTINATION (December 2024)Argentina$7.81M

This section shows Cocoa Powder's exports and imports data at subnational level for Brazil. 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 Powder over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$88.8M
IMPORTS (2023)$44.8M
NET TRADE (2023)$44M

In 2023, Brazil exported $88.8M in Cocoa Powder. The main destinations of Brazil exports on Cocoa Powder were Argentina ($40M), Chile ($10.8M), Netherlands ($9.01M), United States ($8.33M), and Peru ($6.5M).

In 2023, Brazil imported $44.8M in Cocoa Powder, mainly from Uruguay ($10.5M), Netherlands ($10.1M), Canada ($10.1M), Malaysia ($3.38M), and Indonesia ($2.68M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Cocoa Powder EXPORT MARKETS FOR Brazil WERE (2022 - 2023):
Argentina$7.68M (23.8%)
Peru$6.09M (1.49k%)
Chile$2.45M (29.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cocoa Powder BY Brazil WERE (2022 - 2023):
Netherlands-$4.47M (-33.2%)
United States-$2.16M (-20.6%)
Colombia-$264k (-25.8%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Brazil's main exporting competitors in Cocoa Powder were:
Netherlands $933M
Malaysia $462M
Germany $360M
In 2023, Brazil's main importing competitors in Cocoa Powder were:
United States $388M
Netherlands $197M
China $175M

Explore Visualizations

Trade Value of Cocoa Powder by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $4.43M
TOP IMPORT POTENTIALIndonesia+ $1.45M

Cocoa Powder’s highest export potential is United States. With an export gap of $4.43M.   Cocoa Powder’s highest import potential is Indonesia with an import gap of $1.45M.

See methodology.

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