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Valentine’s Day Edition: Mmmm chocolate

Valentine’s Day Edition: Mmmm chocolate

Posted on: 2/14/2018 | Author: ATB Financial's Economics + Research Team

​​​Whatever your feelings are about Valentine’s Day, it’s a good excuse to eat extra chocolate.

With this in mind, we thought we would take a look at how much chocolate and “other food preparations containing cocoa” (how romantic!) Albertans import from around the world.

As of last year, we bought $16.7 million worth of chocolate goodies from international sellers. This represents only one per cent of total chocolate imports to Canada.

The low number for Alberta is explained by the movement of imported chocolate products within Canada. In 2017, about 92 per cent of imported chocolate products arrived in either Ontario (70.7 per cent) or Quebec (21.1 per cent). Businesses in these provinces then use the chocolate to make other products such as candy bars or act as the distributor of the imported items.

When it comes to the chocolate arriving in Canada as a whole, the US was the main supplier in 2017 (61 per cent) followed by Switzerland (6.6 per cent) and Mexico (5.7 per cent). The main suppliers to Alberta were France (31.4 per cent), the US (29.5 per cent) and Switzerland (17.4 per cent).

We can’t guarantee it, but sharing these facts with your valentine may earn you a nice box of chocolates.

Int'l imports of chocolate, graph​ ​​​​​

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