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2022
Exports $1.38BWorld Rnk 2 / 195
Flag Rnk 369 / 1216
2022
Destination $45.8M United States
2021 - 2022
FASTEST GROWING MARKET $45.8MIndonesia
2022
PRODUCT COMPLEXITY IN Confectionery Sugar-0.72Rnk 763 / 1025
2022
Imports $221MWorld Rnk 11 / 224
Flag Rnk 498 / 1212
2022
Origin $3.86M Japan
2021 - 2022
FASTEST GROWING ORIGIN $3.86MMalaysia
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2022, China exported $1.38B in Confectionery Sugar, making it the 2nd largest exporter of Confectionery Sugar in the world. At the same year, Confectionery Sugar was the 369th most exported product in China. The main destination of Confectionery Sugar exports from China are: United States ($195M), Philippines ($123M), Indonesia ($105M), Australia ($76.8M), and Malaysia ($66.9M).

The fastest growing export markets for Confectionery Sugar of China between 2021 and 2022 were Indonesia ($45.8M), United States ($35.8M), and Malaysia ($34.9M).

Imports In 2022, China imported $221M in Confectionery Sugar, becoming the 11th largest importer of Confectionery Sugar in the world. At the same year, Confectionery Sugar was the 498th most imported product in China. China imports Confectionery Sugar primarily from: Japan ($48.1M), Malaysia ($27.4M), South Korea ($17.3M), Thailand ($15.4M), and Belgium ($12.7M).

The fastest growing import markets in Confectionery Sugar for China between 2021 and 2022 were Malaysia ($3.86M), Vietnam ($2.54M), and Thailand ($2.37M).

COMPANIES In 2023, leading companies such as Stelfast (31), 99 Cents Only Stores (27), and Loblaws Supermarkets (27) were at the forefront of shipping Confectionery Sugar from China to the United States.

Latest Trends

October 2024

About

Overview In October 2024 China's Confectionery Sugar exports accounted up to $162M and imports accounted up to $39.9M, resulting in a positive trade balance of $123M. Between October 2023 and October 2024 the exports of China's   Confectionery Sugar have increased by $30.8M (23.4%) from $132M to $162M, while imports increased by $6.97M (21.1%) from $33M to $39.9M.

Destinations In October 2024, Confectionery Sugar were exported mostly to United States ($24M), Indonesia ($14.1M), Philippines ($11.1M), Australia ($8.94M), and Russia ($8.14M), and were imported mostly from United States ($8.16M), New Zealand ($5.77M), Thailand ($3.99M), Japan ($3.78M), and Australia ($2.8M).

Growth In October 2024, the increase in Confectionery Sugar's year-by-year exports was explained primarily by an increase in exports to Philippines ($1.64M or 17.2%), Australia ($1.07M or 33%), and Jordan ($909k or 261%). In October 2024, the increase in Confectionery Sugar's year-by-year imports was explained primarily by an increase in imports from Singapore ($1.61M or 442%), Germany ($917k or 39.5%), and Canada ($457k or 366%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)$30.8M(23.4%)
IMPORT GROWTH (October 2023 - October 2024)$6.97M(21.1%)
MAIN EXPORTER (October 2024)Guangdong Province$87.7M
MAIN DESTINATION (October 2024)United States$24M

This section shows Confectionery Sugar's exports and imports data at subnational level for China. 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 Confectionery Sugar over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.38B
IMPORTS (2022)$221M
NET TRADE (2022)$1.15B

In 2022, China exported $1.38B in Confectionery Sugar. The main destinations of China exports on Confectionery Sugar were United States ($195M), Philippines ($123M), Indonesia ($105M), Australia ($76.8M), and Malaysia ($66.9M).

In 2022, China imported $221M in Confectionery Sugar, mainly from Japan ($48.1M), Malaysia ($27.4M), South Korea ($17.3M), Thailand ($15.4M), and Belgium ($12.7M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Confectionery Sugar EXPORT MARKETS FOR China WERE (2021 - 2022):
Indonesia$45.8M (77%)
United States$35.8M (22.5%)
Malaysia$34.9M (109%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Confectionery Sugar BY China WERE (2021 - 2022):
Ghana-$6.45M (-30.1%)
Mexico-$3.84M (-17.4%)
Ukraine-$3.72M (-55.1%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Confectionery Sugar were:
Germany $1.76B
Mexico $1.12B
In 2022, China's main importing competitors in Confectionery Sugar were:
United States $3.01B
Germany $834M
United Kingdom $736M

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Trade Value of Confectionery Sugar by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $63.2M
TOP IMPORT POTENTIALGermany+ $9.6M

Confectionery Sugar’s highest export potential is United States. With an export gap of $63.2M.   Confectionery Sugar’s highest import potential is Germany with an import gap of $9.6M.

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