2022
Exports
$4.7MWorld Rnk 29 / 147
Flag Rnk 341 / 1142
2022
PRODUCT COMPLEXITY IN Cocoa Powder
-0.69Rnk 755 / 1025
2022
Imports
$12.9MWorld Rnk 46 / 215
Flag Rnk 506 / 1183
2022
ECONOMIC COMPLEXITY of Colombia
0.11Rnk 58 / 133

About

Exports In 2022, Colombia exported $4.7M in Cocoa Powder, making it the 29th largest exporter of Cocoa Powder in the world. At the same year, Cocoa Powder was the 341st most exported product in Colombia. The main destination of Cocoa Powder exports from Colombia are: United States ($1.1M), Costa Rica ($951k), Mexico ($802k), Ecuador ($780k), and Trinidad and Tobago ($376k).

The fastest growing export markets for Cocoa Powder of Colombia between 2021 and 2022 were Costa Rica ($331k), Mexico ($253k), and Ecuador ($252k).

Imports In 2022, Colombia imported $12.9M in Cocoa Powder, becoming the 46th largest importer of Cocoa Powder in the world. At the same year, Cocoa Powder was the 506th most imported product in Colombia. Colombia imports Cocoa Powder primarily from: Ecuador ($6.79M), Spain ($1.85M), Peru ($1.59M), Brazil ($958k), and United States ($615k).

The fastest growing import markets in Cocoa Powder for Colombia between 2021 and 2022 were Ecuador ($1.26M), Uruguay ($135k), and United States ($116k).

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 Powder. 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)$4.7M
IMPORTS (2022)$12.9M
NET TRADE (2022)-$8.19M

In 2022, Colombia exported $4.7M in Cocoa Powder. The main destinations of Colombia exports on Cocoa Powder were United States ($1.1M), Costa Rica ($951k), Mexico ($802k), Ecuador ($780k), and Trinidad and Tobago ($376k).

In 2022, Colombia imported $12.9M in Cocoa Powder, mainly from Ecuador ($6.79M), Spain ($1.85M), Peru ($1.59M), Brazil ($958k), and United States ($615k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cocoa Powder EXPORT MARKETS FOR Colombia WERE (2021 - 2022):
Costa Rica$331k (53.4%)
Mexico$253k (46.2%)
Ecuador$252k (47.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cocoa Powder BY Colombia WERE (2021 - 2022):
United States-$153k (-12.2%)
Peru-$132k (-100%)
Slovakia-$96.6k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Colombia's main exporting competitors in Cocoa Powder were:
In 2022, Colombia's main importing competitors in Cocoa Powder were:

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Trade Value of Cocoa Powder by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $889k
TOP IMPORT POTENTIALBrazil+ $542k

Cocoa Powder’s highest export potential is United States. With an export gap of $889k.   Cocoa Powder’s highest import potential is Brazil with an import gap of $542k.

See methodology.

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