Unsweetened Cocoa Powder in United States | The Observatory of Economic Complexity

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Exports In 2022, United States exported $98.4M in Unsweetened Cocoa Powder, making it the 9th largest exporter of Unsweetened Cocoa Powder in the world. At the same year, Unsweetened Cocoa Powder was the 1498th most exported product in United States. The main destination of Unsweetened Cocoa Powder exports from United States are: Canada ($51.7M), Mexico ($27.7M), South Korea ($2.13M), Guatemala ($1.61M), and Brazil ($1.56M).

The fastest growing export markets for Unsweetened Cocoa Powder of United States between 2021 and 2022 were Canada ($2.07M), South Korea ($1.38M), and China ($590k).

Imports In 2022, United States imported $363M in Unsweetened Cocoa Powder, becoming the 1st largest importer of Unsweetened Cocoa Powder in the world. At the same year, Unsweetened Cocoa Powder was the 1087th most imported product in United States. United States imports Unsweetened Cocoa Powder primarily from: Netherlands ($202M), Malaysia ($40.9M), Spain ($30.9M), France ($29.2M), and Ghana ($18.1M).

The fastest growing import markets in Unsweetened Cocoa Powder for United States between 2021 and 2022 were Netherlands ($12.9M), Malaysia ($7.93M), and Spain ($5.8M).

COMPANIES In 2023, leading companies such as IKEA Group (135k), CrimsonLogic (98.6k), and Dole Fresh Fruit (62.1k) were at the forefront of shipping Unsweetened Cocoa Powder to the United States.

Latest Trends

June 2024

About

Overview In June 2024 United States' Unsweetened Cocoa Powder exports accounted up to $11.6M and imports accounted up to $29.6M, resulting in a negative trade balance of $18M. Between June 2023 and June 2024 the exports of United States' Unsweetened Cocoa Powder have increased by $2.33M (25.1%) from $9.29M to $11.6M, while imports decreased by $-1.06M (-3.46%) from $30.7M to $29.6M.

Destinations In June 2024, Unsweetened Cocoa Powder were exported mostly to Canada ($6.53M), Mexico ($3.32M), China ($429k), South Korea ($361k), and Philippines ($201k), and were imported mostly from Netherlands ($17.4M), Spain ($3.22M), France ($2.85M), Malaysia ($1.98M), and Germany ($1.11M).

Growth In June 2024, the increase in Unsweetened Cocoa Powder's year-by-year exports was explained primarily by an increase in exports to Canada ($2.32M or 52.1%), Japan ($67.2k or 273%), and Dominican Republic ($3.57k or 39.2%). In June 2024, the decrease in Unsweetened Cocoa Powder's year-by-year imports was explained primarily by a decrease in imports from Netherlands ($-1.56M or -12.7%), Germany ($-1.44M or -58.7%), and Brazil ($-903k or -68.5%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (June 2023 - June 2024)$2.33M(25.1%)

IMPORT GROWTH (June 2023 - June 2024)$-1.06M(-3.46%)

MAIN EXPORTER (June 2024)Pennsylvania$6.54M

MAIN DESTINATION (June 2024)Canada$6.53M

This section shows Unsweetened Cocoa Powder's exports and imports data at subnational level for United States. 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 Unsweetened Cocoa Powder over time.

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