As we know, chocolate, also known as cocoa, is food that is prepared from roasted and crushed cacao seed kernels. It can be consumed on its own or as an additive to other dishes as a liquid, solid, or paste. The market for chocolate was estimated to be valued at US$138.07 billion in 2022, and from 2023 to 2029, total revenue will likely rise by 5.1%, or roughly US$195.58 billion, as per export import trade data. In this article, we will discuss the top chocolate-importing and exporting countries and the trade market for chocolate globally.
Chocolate Market Overview:
The chocolate market is specified by different segments such as market size, popularity of the products, market trends, and market insights such as export and import data. Based on Chocolate Trade data, the top chocolate exporters in 2022 were Germany, Belgium, Italy, Poland, and the Netherlands. These five significant chocolate producers account for nearly half (47.7%) of all chocolate exports worldwide.
Since 2018, when chocolate exports were valued at $29.3 billion, the total value of exports has increased by an average of 13% for all exporting nations.
In 2022, the total value of chocolate exports from all nations was $33.1 billion USD. In comparison to $33.3 billion in 2021, the value of exported chocolate stagnated on an annual basis, falling by 0.7% as per Chocolate Export Data.
Top Chocolate Exporting and Importing Countries
Here are the top chocolate-importing and exporting countries, according to Chocolate Trade Data
Top Importing Countries:
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United States
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Germany
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United Kingdom
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France
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Japan
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Netherlands
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Belgium
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Canada
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Switzerland
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Italy
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Russia
Top exporting countries:
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Belgium
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Switzerland
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Germany
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Netherlands
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Italy
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France
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United Kingdom
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United States
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Poland
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Austria
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Spain
As you can see, Many top importers of chocolate are also among the top exporters. This is due to the fact that chocolate is a widely consumed food item, and nations frequently import chocolate from other nations to satisfy domestic consumer demand. Also, if you need an updated market report or authentic chocolate trade data, Eximpedia is one of the best sources for analyzing global trade data.
Where is chocolate imported from?
Based on Chocolate Import Data, the Ivory Coast and Ghana heavily dominate UK cocoa imports. The biggest share of British cocoa bean imports comes from West Africa. In 2021, the United Kingdom imported approximately 74%. Ivory Coast contributed about 63%, or about 50,000 metric tons. Ghana was the second-largest provider, contributing 8,000 metric tons. British imports of cocoa beans from the Ivory Coast fell by -3.5% year on average between 2017 and 2021. Ghana experienced a -8.9% reduction from year to year.
How to obtain chocolate import and export data?
To obtain chocolate import and export data, Eximpedia is the ideal platform to evaluate industry trends and update information on trade statistics in the cocoa market. We also render precise and authentic buyer and supplier details. If you require any form of support related to chocolate trade data, our data professionals are always ready to provide relevant global trade data to enhance your trade business in the international trade market. So, if you need any type of guidance related to export import trade data, visit Eximpedia.app and analyze the global trade insights. Connect today to book a free live demo!
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