Raw Sugar in Brazil 2021 Exports | Imports : $10B | $4.3M, World Rnk 1 / 170 Rnk 4 / 1202 | World Rnk 158 / 221 Rnk 882 / 1196
2020 - 2021 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $208M | $1.89M, Iran | United States
2021 ECONOMIC COMPLEXITY of Brazil: 0.33, Rnk 49 / 131
2021 PRODUCT COMPLEXITY IN Raw Sugar: -1.66, Rnk 970 / 1029
Exports In 2021, Brazil exported $10B in Raw Sugar, making it the 1st largest exporter of Raw Sugar in the world. At the same year, Raw Sugar was the 4th most exported product in Brazil. The main destination of Raw Sugar exports from Brazil are: China ($1.42B), Algeria ($776M), Nigeria ($598M), Bangladesh ($575M), and Saudi Arabia ($442M).
The fastest growing export markets for Raw Sugar of Brazil between 2020 and 2021 were Iran ($208M), Nigeria ($160M), and Canada ($154M).
Imports In 2021, Brazil imported $4.3M in Raw Sugar, becoming the 158th largest importer of Raw Sugar in the world. At the same year, Raw Sugar was the 882nd most imported product in Brazil. Brazil imports Raw Sugar primarily from: United States ($3.63M), Germany ($210k), Italy ($129k), Guatemala ($101k), and United Arab Emirates ($67k).
The fastest growing import markets in Raw Sugar for Brazil between 2020 and 2021 were United States ($1.89M), Germany ($103k), and Switzerland ($20.2k).
Tariffs In 2017, the average tariff for Brazil in Raw Sugar was 15.6%. The countries with the highest import tariffs for Raw Sugar were Angola (Most Favoured Nation duty rate treatment, 16%), Burundi (Most Favoured Nation duty rate treatment, 16%), Benin (Most Favoured Nation duty rate treatment, 16%), Burkina Faso (Most Favoured Nation duty rate treatment, 16%), and Botswana (Most Favoured Nation duty rate treatment, 16%).
April 2023
Overview In April 2023 Brazil's Raw Sugar exports accounted up to $458M and imports accounted up to $247k, resulting in a positive trade balance of $458M. Between April 2022 and April 2023 the exports of Brazil's Raw Sugar have decreased by $-49.3M (-9.7%) from $508M to $458M, while imports decreased by $-55.3k (-18.3%) from $302k to $247k.
Destinations In April 2023, Raw Sugar were exported mostly to India ($63M), Nigeria ($58.7M), Algeria ($45.3M), Georgia ($31M), and Yemen ($30.9M), and were imported mostly from United States ($164k), Guatemala ($45.5k), Belgium ($18.3k), Japan ($5.98k), and Netherlands ($4.91k).
Growth In April 2023, the decrease in Raw Sugar's year-by-year exports was explained primarily by a decrease in exports to Bangladesh ($-67.2M or -79.9%), Saudi Arabia ($-21.4M or -57.8%), and India ($-19.3M or -100%). In April 2023, the decrease in Raw Sugar's year-by-year imports was explained primarily by a decrease in imports from United States ($-43.3k or -32.4%) and Italy ($-27.2k or -34%).
EXPORT GROWTH (April 2022 - April 2023): $-49.3M, (-9.7%)
IMPORT GROWTH (April 2022 - April 2023): $-55.3k, (-18.3%)
MAIN EXPORTER (April 2023): São Paulo, $196M
MAIN DESTINATION (April 2023): India, $63M
This section shows Raw Sugar's exports and imports data at subnational level for Brazil. 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 Raw Sugar over time.
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EXPORTS (2021): $10B
IMPORTS (2021): $4.3M
NET TRADE (2021): $9.99B
In 2021, Brazil exported $10B in Raw Sugar. The main destinations of Brazil exports on Raw Sugar were China ($1.42B), Algeria ($776M), Nigeria ($598M), Bangladesh ($575M), and Saudi Arabia ($442M).
In 2021, Brazil imported $4.3M in Raw Sugar, mainly from United States ($3.63M), Germany ($210k), Italy ($129k), Guatemala ($101k), and United Arab Emirates ($67k).
In 2021, Brazil's main importing competitors in Raw Sugar were:
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