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2022
Exports $229kWorld Rnk 72 / 147
Flag Rnk 767 / 1142
2022
Destination $181k Spain
2021 - 2022
FASTEST GROWING MARKET $181kSpain
2022
PRODUCT COMPLEXITY IN Cocoa Powder-0.69Rnk 755 / 1025
2022
Imports $28.9MWorld Rnk 28 / 215
Flag Rnk 379 / 1203
2022
Origin $2.52M Spain
2021 - 2022
FASTEST GROWING ORIGIN $2.52MPeru
2022
ECONOMIC COMPLEXITY of Chile-0.18Rnk 74 / 133

About

Exports In 2022, Chile exported $229k in Cocoa Powder, making it the 72nd largest exporter of Cocoa Powder in the world. At the same year, Cocoa Powder was the 767th most exported product in Chile. The main destination of Cocoa Powder exports from Chile are: Spain ($181k), Germany ($46.8k), Netherlands ($399), Paraguay ($308), and Norway ($130).

The fastest growing export markets for Cocoa Powder of Chile between 2021 and 2022 were Spain ($181k), Germany ($46.8k), and Netherlands ($399).

Imports In 2022, Chile imported $28.9M in Cocoa Powder, becoming the 28th largest importer of Cocoa Powder in the world. At the same year, Cocoa Powder was the 379th most imported product in Chile. Chile imports Cocoa Powder primarily from: Spain ($8.26M), Peru ($7.9M), Brazil ($7.5M), Ecuador ($1.47M), and China ($1.25M).

The fastest growing import markets in Cocoa Powder for Chile between 2021 and 2022 were Peru ($2.52M), Ecuador ($375k), and United States ($198k).

Latest Trends

July 2023

About

Overview In July 2023 Chile's Cocoa Powder exports accounted up to $100 and imports accounted up to $36.1k, resulting in a negative trade balance of $36k. Between September 2019 and July 2023 the exports of Chile's   Cocoa Powder have decreased by $-55.6k (-99.8%) from $55.7k to $100, while imports decreased by $-169k (-82.4%) from $205k to $36.1k.

Destinations In July 2023, Cocoa Powder were exported mostly to , and were imported mostly from Ecuador ($21.1k), Italy ($14.5k), Brazil ($362), and Peru ($78.7).

Growth In July 2023, the decrease in Cocoa Powder's year-by-year exports was explained primarily by a decrease in exports to . In June 2024, the decrease in Cocoa Powder's year-by-year imports was explained primarily by a decrease in imports from Peru ($-492k or -99.6%), Brazil ($-57.7k or -63.2%), and Ecuador ($-36k or -32%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2019 - July 2023)$-55.6k(-99.8%)
IMPORT GROWTH (June 2023 - June 2024)$-169k(-82.4%)
MAIN EXPORTER (July 2023)
MAIN DESTINATION (July 2023)

This section shows Cocoa Powder'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 Powder over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$229k
IMPORTS (2022)$28.9M
NET TRADE (2022)-$28.7M

In 2022, Chile exported $229k in Cocoa Powder. The main destinations of Chile exports on Cocoa Powder were Spain ($181k), Germany ($46.8k), Netherlands ($399), Paraguay ($308), and Norway ($130).

In 2022, Chile imported $28.9M in Cocoa Powder, mainly from Spain ($8.26M), Peru ($7.9M), Brazil ($7.5M), Ecuador ($1.47M), and China ($1.25M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cocoa Powder EXPORT MARKETS FOR Chile WERE (2021 - 2022):
Spain$181k (263k%)
Germany$46.8k (1%)
Netherlands$399 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cocoa Powder BY Chile WERE (2021 - 2022):
Poland-$282 (-100%)
France-$177 (-100%)
Mexico-$168 (-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 Powder were:
Netherlands $846M
Malaysia $419M
Germany $325M
In 2022, Chile'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+ $32.2k
TOP IMPORT POTENTIALNetherlands+ $513k

Cocoa Powder’s highest export potential is Germany. With an export gap of $32.2k.   Cocoa Powder’s highest import potential is Netherlands with an import gap of $513k.

See methodology.

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