2023
Exports
$5MWorld Rnk 29 / 153
Flag Rnk 340 / 1150
2023
PRODUCT COMPLEXITY IN Cocoa Powder
-0.7Rnk 759 / 1025
2023
Imports
$11.5MWorld Rnk 48 / 214
Flag Rnk 484 / 1192
2023
ECONOMIC COMPLEXITY of Colombia
0.23Rnk 51 / 132

About

Exports In 2023, Colombia exported $5M in Cocoa Powder, making it the 29th largest exporter of Cocoa Powder in the world. At the same year, Cocoa Powder was the 340th most exported product in Colombia. The main destination of Cocoa Powder exports from Colombia are: United States ($1.3M), Mexico ($986k), Ecuador ($952k), Costa Rica ($612k), and Trinidad and Tobago ($331k).

The fastest growing export markets for Cocoa Powder of Colombia between 2022 and 2023 were Ecuador ($193k), Mexico ($184k), and United States ($168k).

Imports In 2023, Colombia imported $11.5M in Cocoa Powder, becoming the 48th largest importer of Cocoa Powder in the world. At the same year, Cocoa Powder was the 484th most imported product in Colombia. Colombia imports Cocoa Powder primarily from: Ecuador ($4.04M), Spain ($2.81M), Peru ($2.33M), Brazil ($761k), and China ($460k).

The fastest growing import markets in Cocoa Powder for Colombia between 2022 and 2023 were Spain ($901k), Peru ($784k), and Cambodia ($72.5k).

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 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 (2023)$5M
IMPORTS (2023)$11.5M
NET TRADE (2023)-$6.47M

In 2023, Colombia exported $5M in Cocoa Powder. The main destinations of Colombia exports on Cocoa Powder were United States ($1.3M), Mexico ($986k), Ecuador ($952k), Costa Rica ($612k), and Trinidad and Tobago ($331k).

In 2023, Colombia imported $11.5M in Cocoa Powder, mainly from Ecuador ($4.04M), Spain ($2.81M), Peru ($2.33M), Brazil ($761k), and China ($460k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Cocoa Powder EXPORT MARKETS FOR Colombia WERE (2022 - 2023):
Ecuador$193k (25.5%)
Mexico$184k (22.9%)
United States$168k (14.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cocoa Powder BY Colombia WERE (2022 - 2023):
Costa Rica-$351k (-36.4%)
South Korea-$67.7k (-79.7%)
Trinidad and Tobago-$41.3k (-11.1%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Colombia's main exporting competitors in Cocoa Powder were:
In 2023, 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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