Key Market Indicators
Colombia's chocolate imports are expected to hit $63 million by 2026, up from $55 million in 2021. This marks an annual growth rate of 2.4%, which is higher than the 2.9% year-on-year growth since 1996. In 2021, Colombia ranked 65th in the world, just behind Palestine with $54.8 million. The top three countries for chocolate imports were Germany, France and the UK. Meanwhile, Colombia's chocolate exports are projected to reach $71 million by 2026, up from $65 million in 2021. This marks an annual growth rate of 1.4%, despite the 1.6% decline in exports since 1996. In 2021, Colombia ranked 45th in the world, just behind Saudi Arabia with $65.4 million. The top three countries for chocolate exports were Belgium, Italy and the Netherlands.
