2023
Exports
$220MWorld Rnk 5 / 153
Flag Rnk 320 / 1215
2023
PRODUCT COMPLEXITY IN Cocoa Powder
-0.7Rnk 759 / 1025
2023
Imports
$44.2MWorld Rnk 25 / 214
Flag Rnk 691 / 1214
2023
ECONOMIC COMPLEXITY of Spain
0.86Rnk 31 / 132

About

Exports In 2023, Spain exported $220M in Cocoa Powder, making it the 5th largest exporter of Cocoa Powder in the world. At the same year, Cocoa Powder was the 320th most exported product in Spain. The main destination of Cocoa Powder exports from Spain are: United States ($35.5M), Belgium ($19.4M), Russia ($18M), Egypt ($17.8M), and Morocco ($13M).

The fastest growing export markets for Cocoa Powder of Spain between 2022 and 2023 were Russia ($7.31M), Egypt ($6.41M), and Belgium ($6.26M).

Imports In 2023, Spain imported $44.2M in Cocoa Powder, becoming the 25th largest importer of Cocoa Powder in the world. At the same year, Cocoa Powder was the 691st most imported product in Spain. Spain imports Cocoa Powder primarily from: Netherlands ($26.9M), Germany ($10.8M), France ($2.81M), Italy ($1.08M), and China ($428k).

The fastest growing import markets in Cocoa Powder for Spain between 2022 and 2023 were Germany ($3.71M), Netherlands ($3.15M), and France ($812k).

Latest Trends

November 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)€12.2M(60.7%)
IMPORT GROWTH (November 2023 - November 2024)€693k(13.6%)
MAIN EXPORTER (November 2024)Barcelona€22M
MAIN DESTINATION (November 2024)United States€4.47M

This section shows Cocoa Powder's exports and imports data at subnational level for Spain. 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)$220M
IMPORTS (2023)$44.2M
NET TRADE (2023)$176M

In 2023, Spain exported $220M in Cocoa Powder. The main destinations of Spain exports on Cocoa Powder were United States ($35.5M), Belgium ($19.4M), Russia ($18M), Egypt ($17.8M), and Morocco ($13M).

In 2023, Spain imported $44.2M in Cocoa Powder, mainly from Netherlands ($26.9M), Germany ($10.8M), France ($2.81M), Italy ($1.08M), and China ($428k).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Cocoa Powder EXPORT MARKETS FOR Spain WERE (2022 - 2023):
Russia$7.31M (68.3%)
Egypt$6.41M (56.4%)
Belgium$6.26M (47.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cocoa Powder BY Spain WERE (2022 - 2023):
Algeria-$2.1M (-100%)
United Arab Emirates-$1.94M (-43.9%)
Saudi Arabia-$1.05M (-29.8%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Spain's main exporting competitors in Cocoa Powder were:
In 2023, Spain's main importing competitors in Cocoa Powder were:

Explore Visualizations

Trade Value of Cocoa Powder by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $4.36M
TOP IMPORT POTENTIALFrance+ $1.65M

Cocoa Powder’s highest export potential is France. With an export gap of $4.36M.   Cocoa Powder’s highest import potential is France with an import gap of $1.65M.

See methodology.

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