HS Icon Confectionery Sugar in  Flag Colombia

2021
Exports | Imports
: $170M | $25.2M, World Rnk 20 / 193
Flag Rnk 23 / 1141 | World Rnk 77 / 223
Flag Rnk 343 / 1186

2020 - 2021
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $12.8M | $1.01M, Venezuela |  United States

2021
ECONOMIC COMPLEXITY of Colombia
: 0.14, Rnk 56 / 131

2021
PRODUCT COMPLEXITY IN Confectionery Sugar
: -0.6, Rnk 728 / 1029

Exports In 2021, Colombia exported $170M in Confectionery Sugar, making it the 20th largest exporter of Confectionery Sugar in the world. At the same year, Confectionery Sugar was the 23rd most exported product in Colombia. The main destination of Confectionery Sugar exports from Colombia are: United States ($25.2M), Venezuela ($21.1M), Peru ($20.1M), Ecuador ($17.7M), and Chile ($9.36M).

The fastest growing export markets for Confectionery Sugar of Colombia between 2020 and 2021 were Venezuela ($12.8M), Peru ($7.7M), and United States ($5.64M).

Imports In 2021, Colombia imported $25.2M in Confectionery Sugar, becoming the 77th largest importer of Confectionery Sugar in the world. At the same year, Confectionery Sugar was the 343rd most imported product in Colombia. Colombia imports Confectionery Sugar primarily from: Mexico ($11M), United States ($3.22M), Spain ($1.84M), Ecuador ($1.4M), and China ($1.3M).

The fastest growing import markets in Confectionery Sugar for Colombia between 2020 and 2021 were United States ($1.01M), Ecuador ($562k), and Guatemala ($240k).

Tariffs In 2018, the average tariff for Colombia in Confectionery Sugar was 12%. The countries with the highest import tariffs for Confectionery Sugar were Angola (Most Favoured Nation duty rate treatment, 15%), Burundi (Most Favoured Nation duty rate treatment, 15%), Benin (Most Favoured Nation duty rate treatment, 15%), Burkina Faso (Most Favoured Nation duty rate treatment, 15%), and Botswana (Most Favoured Nation duty rate treatment, 15%).

Apr 2023

Subnational Monthly Trade

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Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Confectionery Sugar. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

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EXPORTS (2021): $170M

IMPORTS (2021): $25.2M

NET TRADE (2021): $144M

In 2021, Colombia exported $170M in Confectionery Sugar. The main destinations of Colombia exports on Confectionery Sugar were United States ($25.2M), Venezuela ($21.1M), Peru ($20.1M), Ecuador ($17.7M), and Chile ($9.36M).

In 2021, Colombia imported $25.2M in Confectionery Sugar, mainly from Mexico ($11M), United States ($3.22M), Spain ($1.84M), Ecuador ($1.4M), and China ($1.3M).

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THE FASTEST GROWING Confectionery Sugar EXPORT MARKETS FOR Colombia WERE (2020 - 2021):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Confectionery Sugar BY Colombia WERE (2020 - 2021):

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Market Concentration

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In 2021, Colombia's main exporting competitors in Confectionery Sugar were:

In 2021, Colombia's main importing competitors in Confectionery Sugar were:

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