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Pricing

2022
Exports $1.18kWorld Rnk 93 / 123
Flag Rnk 1089 / 1142
2022
Destination $879 Ireland
2021 - 2022
FASTEST GROWING MARKET $879Ireland
2022
PRODUCT COMPLEXITY IN Cocoa Butter-1.34Rnk 920 / 1025
2022
Imports $24.5MWorld Rnk 33 / 179
Flag Rnk 412 / 1203
2022
Origin $3.7M Brazil
2021 - 2022
FASTEST GROWING ORIGIN $3.7MPeru
2022
ECONOMIC COMPLEXITY of Chile-0.18Rnk 74 / 133

About

Exports In 2022, Chile exported $1.18k in Cocoa Butter, making it the 93rd largest exporter of Cocoa Butter in the world. At the same year, Cocoa Butter was the 1089th most exported product in Chile. The main destination of Cocoa Butter exports from Chile are: Ireland ($879), Belgium ($248), and Canada ($55).

The fastest growing export markets for Cocoa Butter of Chile between 2021 and 2022 were Ireland ($879) and Belgium ($248).

Imports In 2022, Chile imported $24.5M in Cocoa Butter, becoming the 33rd largest importer of Cocoa Butter in the world. At the same year, Cocoa Butter was the 412th most imported product in Chile. Chile imports Cocoa Butter primarily from: Brazil ($13.6M), Peru ($4.57M), Malaysia ($1.79M), Indonesia ($1.69M), and Netherlands ($1.08M).

The fastest growing import markets in Cocoa Butter for Chile between 2021 and 2022 were Peru ($3.7M), Netherlands ($1.08M), and Ecuador ($819k).

Latest Trends

October 2023

About

Overview In October 2023 Chile's Cocoa Butter exports accounted up to $114 and imports accounted up to $391k, resulting in a negative trade balance of $391k. Between June 2019 and October 2023 the exports of Chile's   Cocoa Butter have decreased by $-59.9k (-99.8%) from $60k to $114, while imports increased by $314k (409%) from $76.9k to $391k.

Destinations In October 2023, Cocoa Butter were exported mostly to , and were imported mostly from Ecuador ($391k) and United States ($55.1).

Growth In October 2023, the decrease in Cocoa Butter's year-by-year exports was explained primarily by a decrease in exports to . In June 2024, the increase in Cocoa Butter's year-by-year imports was explained primarily by an increase in imports from .

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2019 - October 2023)$-59.9k(-99.8%)
IMPORT GROWTH (January 2023 - June 2024)$314k(409%)
MAIN EXPORTER (October 2023)
MAIN DESTINATION (October 2023)

This section shows Cocoa Butter's exports and imports data at subnational level for Chile. 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 Butter over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.18k
IMPORTS (2022)$24.5M
NET TRADE (2022)-$24.5M

In 2022, Chile exported $1.18k in Cocoa Butter. The main destinations of Chile exports on Cocoa Butter were Ireland ($879), Belgium ($248), and Canada ($55).

In 2022, Chile imported $24.5M in Cocoa Butter, mainly from Brazil ($13.6M), Peru ($4.57M), Malaysia ($1.79M), Indonesia ($1.69M), and Netherlands ($1.08M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cocoa Butter EXPORT MARKETS FOR Chile WERE (2021 - 2022):
Ireland$879 (1%)
Belgium$248 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cocoa Butter BY Chile WERE (2021 - 2022):
Peru-$192k (-100%)
Netherlands-$410 (-100%)
Estonia-$193 (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Chile's main exporting competitors in Cocoa Butter were:
Netherlands $1.37B
Indonesia $669M
Malaysia $617M
In 2022, Chile's main importing competitors in Cocoa Butter were:
Germany $710M
United States $598M
Belgium $513M

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Trade Value of Cocoa Butter by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALBelgium+ $793
TOP IMPORT POTENTIALIndonesia+ $771k

Cocoa Butter’s highest export potential is Belgium. With an export gap of $793.   Cocoa Butter’s highest import potential is Indonesia with an import gap of $771k.

See methodology.

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