Cocoa Powder in United Kingdom | The Observatory of Economic Complexity

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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

February 2024

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Overview In February 2024 United Kingdom's Cocoa Powder exports accounted up to £147k and imports accounted up to £5.55M, resulting in a negative trade balance of £5.4M. Between February 2023 and February 2024 the exports of United Kingdom's Cocoa Powder have decreased by £-39.8k (-21.3%) from £187k to £147k, while imports increased by £317k (6.06%) from £5.23M to £5.55M.

Destinations In February 2024, Cocoa Powder were exported mostly to Austria (£60.9k), Ireland (£33k), Egypt (£18.8k), Kuwait (£12.7k), and Iceland (£8.3k), and were imported mostly from Netherlands (£2.7M), Belgium (£701k), Spain (£480k), Germany (£459k), and France (£430k).

Growth In February 2024, the decrease in Cocoa Powder's year-by-year exports was explained primarily by a decrease in exports to Bahrain (£-37.6k or -76.1%), Ireland (£-32.1k or -47%), and France (£-10.1k or -38.1%). In February 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

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)£-39.8k(-21.3%)

IMPORT GROWTH (February 2023 - February 2024)£317k(6.06%)

MAIN EXPORTER (February 2024)Dover Eurotunnel£132k

MAIN DESTINATION (February 2024)Austria£60.9k

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

Trade Value

Growth

Growth (%)

Year

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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