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2022
Exports $4.88MWorld Rnk 28 / 147
Flag Rnk 960 / 1216
2022
Destination $442k Ireland
2021 - 2022
FASTEST GROWING MARKET $442kGermany
2022
PRODUCT COMPLEXITY IN Cocoa Powder-0.69Rnk 755 / 1025
2022
Imports $58.9MWorld Rnk 18 / 215
Flag Rnk 707 / 1214
2022
Origin $1.87M Netherlands
2021 - 2022
FASTEST GROWING ORIGIN $1.87MNetherlands
2022
ECONOMIC COMPLEXITY of United Kingdom1.42Rnk 12 / 133

About

Exports In 2022, United Kingdom exported $4.88M in Cocoa Powder, making it the 28th largest exporter of Cocoa Powder in the world. At the same year, Cocoa Powder was the 960th most exported product in United Kingdom. The main destination of Cocoa Powder exports from United Kingdom are: Ireland ($1.12M), Germany ($464k), Netherlands ($316k), Qatar ($275k), and United Arab Emirates ($256k).

The fastest growing export markets for Cocoa Powder of United Kingdom between 2021 and 2022 were Germany ($442k), Belgium ($215k), and Qatar ($150k).

Imports In 2022, United Kingdom imported $58.9M in Cocoa Powder, becoming the 18th largest importer of Cocoa Powder in the world. At the same year, Cocoa Powder was the 707th most imported product in United Kingdom. United Kingdom imports Cocoa Powder primarily from: Netherlands ($24.4M), Germany ($15.5M), Spain ($5.47M), France ($3.7M), and Italy ($2.01M).

The fastest growing import markets in Cocoa Powder for United Kingdom between 2021 and 2022 were Netherlands ($1.87M), Ghana ($591k), and Austria ($292k).

Latest Trends

September 2024

About

Overview In September 2024 United Kingdom's Cocoa Powder exports accounted up to £725k and imports accounted up to £6.39M, resulting in a negative trade balance of £5.67M. Between September 2023 and September 2024 the exports of United Kingdom's   Cocoa Powder have increased by £409k (130%) from £316k to £725k, while imports increased by £2.14M (50.2%) from £4.26M to £6.39M.

Destinations In September 2024, Cocoa Powder were exported mostly to Ireland (£191k), France (£111k), Austria (£110k), Poland (£73.8k), and Thailand (£62.8k), and were imported mostly from Netherlands (£2.55M), France (£949k), Germany (£814k), Spain (£613k), and Belgium (£584k).

Growth In September 2024, the increase in Cocoa Powder's year-by-year exports was explained primarily by an increase in exports to United Arab Emirates (£32.8k or 1.52k%), Netherlands (£12.6k or 639%), and Hong Kong (£737 or 66.8%). In September 2024, the increase in Cocoa Powder's year-by-year imports was explained primarily by an increase in imports from France (£550k or 310%), Germany (£192k or 29%), and Belgium (£53.7k or 16.9%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)£409k(130%)
IMPORT GROWTH (September 2023 - September 2024)£2.14M(50.2%)
MAIN EXPORTER (September 2024)Dover Eurotunnel£310k
MAIN DESTINATION (September 2024)Ireland£191k

This section shows Cocoa Powder's exports and imports data at subnational level for United Kingdom. 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 (2022)$4.88M
IMPORTS (2022)$58.9M
NET TRADE (2022)-$54M

In 2022, United Kingdom exported $4.88M in Cocoa Powder. The main destinations of United Kingdom exports on Cocoa Powder were Ireland ($1.12M), Germany ($464k), Netherlands ($316k), Qatar ($275k), and United Arab Emirates ($256k).

In 2022, United Kingdom imported $58.9M in Cocoa Powder, mainly from Netherlands ($24.4M), Germany ($15.5M), Spain ($5.47M), France ($3.7M), and Italy ($2.01M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cocoa Powder EXPORT MARKETS FOR United Kingdom WERE (2021 - 2022):
Germany$442k (2.09k%)
Belgium$215k (828%)
Qatar$150k (120%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cocoa Powder BY United Kingdom WERE (2021 - 2022):
Ireland-$823k (-42.3%)
Netherlands-$384k (-54.9%)
United Arab Emirates-$166k (-39.4%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United Kingdom's main exporting competitors in Cocoa Powder were:
Netherlands $846M
Malaysia $419M
Germany $325M
In 2022, United Kingdom's main importing competitors in Cocoa Powder were:
United States $363M
Netherlands $168M
China $151M

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Trade Value of Cocoa Powder by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $357k
TOP IMPORT POTENTIALFrance+ $1.95M

Cocoa Powder’s highest export potential is Germany. With an export gap of $357k.   Cocoa Powder’s highest import potential is France with an import gap of $1.95M.

See methodology.

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