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Sugars, chemically pure, other than sucrose, lactose, maltose, glucose and fructose; sugar ethers, sugar acetals and sugar esters, and their salts, other than the products of heading 29.37, 29.38, or 29.39

2940 (Harmonized System 1992 for 4-digit)

2023
World Trade $1.54BRnk 830 / 1217
2023
Top Exporter | Top Importer $284M | $226MGermany | United States
2023
Product Complexity 1.3Rnk 80 / 1044
2022 - 2023
Export Growth (CAGR) -1.81%Rnk 469 / 1217
2023
Share of World Trade 0.0068%Rnk 830 / 1217

About

Overview This page contains the latest trade data of Chemically Pure Sugars. In 2023, Chemically Pure Sugars were the world's 830th most traded product, with a total trade of $1.54B. Between 2022 and 2023 the exports of Chemically Pure Sugars decreased by -1.81%, from $1.57B to $1.54B. Trade in Chemically Pure Sugars represent 0.0068% of total world trade.

Chemically Pure Sugars are a part of Organic chemicals. They include Sugars, chem pure, their ethers, esters, salts in bul.

Exports In 2023 the top exporters of Chemically Pure Sugars  were Germany ($284M), China ($268M), United States ($145M), Austria ($111M), and France ($108M).

Imports In 2023 the top importers of Chemically Pure Sugars were United States ($226M), Japan ($105M), Netherlands ($85.8M), Germany ($79.1M), and Switzerland ($79M).

Ranking Chemically Pure Sugars ranks 80th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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Y-AXIS SCALE

The following visualization shows the latest trends on Chemically Pure Sugars. Countries are shown based on data availability.

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

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* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2023)Germany$284M
Top Destination (2023)United States$226M

In 2023 Chemically Pure Sugars were the world's 830th most traded product (out of 1,217).

In 2023, the top exporters of Chemically Pure Sugars were Germany ($284M), China ($268M), United States ($145M), Austria ($111M), and France ($108M).

In 2023, the top importers of Chemically Pure Sugars were United States ($226M), Japan ($105M), Netherlands ($85.8M), Germany ($79.1M), and Switzerland ($79M).

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Exporters of Chemically Pure Sugars (2023)
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Importers of Chemically Pure Sugars (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Germany$60.9M
Top Destination Growth (2022 -  2023)Netherlands$29.7M

Between 2022 and 2023, the exports of Chemically Pure Sugars grew the fastest in Germany ($60.9M), Denmark ($30.9M), Switzerland ($14.5M), India ($8.24M), and Belgium ($7.74M).

Between 2022 and 2023, the fastest growing importers of Chemically Pure Sugars were Netherlands ($29.7M), Switzerland ($17.5M), Poland ($17.4M), Turkey ($12.9M), and Belgium ($11.9M).

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Exporters of Chemically Pure Sugars (2022 - 2023)

Importers of Chemically Pure Sugars (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Chemically Pure Sugars.

In 2023, market concentration measured using Shannon Entropy, was 3.97. This means that most of the exports of Chemically Pure Sugars are explained by 15 countries.

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Value of Exports in Chemically Pure Sugars

Net Trade

TOP NET EXPORTER (2023)China$230M
TOP NET IMPORTER (2023)United States$81.2M

This map shows which countries export or import more of Chemically Pure Sugars. Each country is colored based on the difference in exports and imports of Chemically Pure Sugars during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Chemically Pure Sugars were China ($230M), Germany ($205M), Austria ($104M), Denmark ($59.1M), and France ($51.9M).

In 2023, the countries that had a largest trade value in imports than in exports of Chemically Pure Sugars were United States ($81.2M), Finland ($64.6M), South Korea ($57.2M), Poland ($50.4M), and Switzerland ($48.4M).

Net Trade (2023)

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Chemically Pure Sugars.
It is possible to select the main countries that export or import Chemically Pure Sugars in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Chemically Pure Sugars by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALUnited States+ $2.18M
TOP IMPORT POTENTIALGermany+ $700k

Chemically Pure Sugars’s highest export potential is United States. With an export gap of $2.18M.  Chemically Pure Sugars’s highest import potential is Germany with an import gap of $700k.

See methodology.

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Product Complexity

Diversification Frontier

Specialization

The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.

Relatedness vs Country Complexity (2023)

Country by Relatedness

The following visualization shows the relatedness of Chemically Pure Sugars to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Relative Relatedness by Country (2023)

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