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2022
Exports $200MWorld Rnk 5 / 147
Flag Rnk 341 / 1214
2022
Destination $5.8M United States
2021 - 2022
FASTEST GROWING MARKET $5.8MUnited States
2022
PRODUCT COMPLEXITY IN Cocoa Powder-0.69Rnk 755 / 1025
2022
Imports $45.6MWorld Rnk 22 / 215
Flag Rnk 701 / 1214
2022
Origin $9.89M Netherlands
2021 - 2022
FASTEST GROWING ORIGIN $9.89MNetherlands
2022
ECONOMIC COMPLEXITY of Spain0.81Rnk 33 / 133

About

Exports In 2022, Spain exported $200M in Cocoa Powder, making it the 5th largest exporter of Cocoa Powder in the world. At the same year, Cocoa Powder was the 341st most exported product in Spain. The main destination of Cocoa Powder exports from Spain are: United States ($30.9M), Belgium ($12.5M), Egypt ($12.2M), France ($12M), and Morocco ($11.1M).

The fastest growing export markets for Cocoa Powder of Spain between 2021 and 2022 were United States ($5.8M), United Arab Emirates ($1.4M), and Estonia ($1.35M).

Imports In 2022, Spain imported $45.6M in Cocoa Powder, becoming the 22nd largest importer of Cocoa Powder in the world. At the same year, Cocoa Powder was the 701st most imported product in Spain. Spain imports Cocoa Powder primarily from: Netherlands ($27.1M), Germany ($8.31M), Portugal ($2.2M), Belgium ($2.03M), and France ($1.9M).

The fastest growing import markets in Cocoa Powder for Spain between 2021 and 2022 were Netherlands ($9.89M), Belgium ($974k), and Ghana ($229k).

Latest Trends

June 2024

About

Overview In June 2024 Spain's Cocoa Powder exports accounted up to €24.9M and imports accounted up to €3.53M, resulting in a positive trade balance of €21.3M. Between June 2023 and June 2024 the exports of Spain's   Cocoa Powder have increased by €6.04M (32.1%) from €18.8M to €24.9M, while imports decreased by €-703k (-16.6%) from €4.24M to €3.53M.

Destinations In June 2024, Cocoa Powder were exported mostly to Belgium (€2.72M), Egypt (€1.89M), United States (€1.65M), France (€1.41M), and Italy (€1.37M), and were imported mostly from Netherlands (€2.16M), Germany (€685k), France (€173k), Italy (€158k), and Ghana (€95.4k).

Growth In June 2024, the increase in Cocoa Powder's year-by-year exports was explained primarily by an increase in exports to United States (€1.05M or 132%), Belgium (€491k or 43.6%), and France (€462k or 53%). In June 2024, the decrease in Cocoa Powder's year-by-year imports was explained primarily by a decrease in imports from Germany (€-785k or -78.3%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)€6.04M(32.1%)
IMPORT GROWTH (June 2023 - June 2024)€-703k(-16.6%)
MAIN EXPORTER (June 2024)Barcelona€14.6M
MAIN DESTINATION (June 2024)Belgium€2.72M

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 (2022)$200M
IMPORTS (2022)$45.6M
NET TRADE (2022)$154M

In 2022, Spain exported $200M in Cocoa Powder. The main destinations of Spain exports on Cocoa Powder were United States ($30.9M), Belgium ($12.5M), Egypt ($12.2M), France ($12M), and Morocco ($11.1M).

In 2022, Spain imported $45.6M in Cocoa Powder, mainly from Netherlands ($27.1M), Germany ($8.31M), Portugal ($2.2M), Belgium ($2.03M), and France ($1.9M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cocoa Powder EXPORT MARKETS FOR Spain WERE (2021 - 2022):
United States$5.8M (23.1%)
United Arab Emirates$1.4M (40.9%)
Estonia$1.35M (185%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cocoa Powder BY Spain WERE (2021 - 2022):
Algeria-$10.5M (-83.4%)
Turkey-$4.91M (-49.7%)
Belgium-$2.27M (-15.4%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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

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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