2022
Exports
$123MWorld Rnk 31 / 171
Flag Rnk 848 / 1216
2022
PRODUCT COMPLEXITY IN Raw Sugar
-1.78Rnk 979 / 1025
2022
Imports
$2.25BWorld Rnk 2 / 224
Flag Rnk 139 / 1212
2022
ECONOMIC COMPLEXITY of China
1.12Rnk 22 / 133

About

Exports In 2022, China exported $123M in Raw Sugar, making it the 31st largest exporter of Raw Sugar in the world. At the same year, Raw Sugar was the 848th most exported product in China. The main destination of Raw Sugar exports from China are: Mongolia ($32.7M), North Korea ($28.1M), Hong Kong ($15.2M), United States ($11.5M), and Kazakhstan ($8.19M).

The fastest growing export markets for Raw Sugar of China between 2021 and 2022 were North Korea ($23.4M), Kazakhstan ($8.19M), and Mongolia ($5.11M).

Imports In 2022, China imported $2.25B in Raw Sugar, becoming the 2nd largest importer of Raw Sugar in the world. At the same year, Raw Sugar was the 139th most imported product in China. China imports Raw Sugar primarily from: Brazil ($1.69B), India ($146M), Thailand ($137M), South Korea ($95.7M), and Guatemala ($65.9M).

The fastest growing import markets in Raw Sugar for China between 2021 and 2022 were Brazil ($278M), Thailand ($87.5M), and India ($85.6M).

COMPANIES In 2023, leading companies such as Walgreens (7), Walong Marketing (6), and Walmart (3) were at the forefront of shipping Raw Sugar from China to the United States.

Latest Trends

Oct 2024

Subnational Monthly Trade

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Flow
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 Raw 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

Trade Balance

Color
EXPORTS (2022)$123M
IMPORTS (2022)$2.25B
NET TRADE (2022)-$2.13B

In 2022, China exported $123M in Raw Sugar. The main destinations of China exports on Raw Sugar were Mongolia ($32.7M), North Korea ($28.1M), Hong Kong ($15.2M), United States ($11.5M), and Kazakhstan ($8.19M).

In 2022, China imported $2.25B in Raw Sugar, mainly from Brazil ($1.69B), India ($146M), Thailand ($137M), South Korea ($95.7M), and Guatemala ($65.9M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Raw Sugar EXPORT MARKETS FOR China WERE (2021 - 2022):
North Korea$23.4M (499%)
Kazakhstan$8.19M (34.1M%)
Mongolia$5.11M (18.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Raw Sugar BY China WERE (2021 - 2022):
Malaysia-$1.72M (-27.9%)
Samoa-$514k (-100%)
Hong Kong-$398k (-2.55%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, China's main exporting competitors in Raw Sugar were:
Brazil $11.5B
India $6.03B
In 2022, China's main importing competitors in Raw Sugar were:

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Trade Value of Raw Sugar by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $9.43M
TOP IMPORT POTENTIALIndia+ $229M

Raw Sugar’s highest export potential is United States. With an export gap of $9.43M.   Raw Sugar’s highest import potential is India with an import gap of $229M.

See methodology.

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