HS Icon Confectionery Sugar

Sugar confectionery (including white chocolate), not containing cocoa

1704 (Harmonized System 1992 for 4-digit)

Overview This page contains the latest trade data of Confectionery Sugar. In 2021, Confectionery Sugar were the world's 295th most traded product, with a total trade of $13.1B. Between 2020 and 2021 the exports of Confectionery Sugar grew by 18.6%, from $11.1B to $13.1B. Trade in Confectionery Sugar represent 0.00062% of total world trade.

Confectionery Sugar are a part of Sugars & confectioneries. They include Sugar confectionery not chewing gum, no cocoa content and Chewing gum containing sugar, except medicinal.

Exports In 2021 the top exporters of Confectionery Sugar  were Germany ($1.59B), China ($1.1B), Mexico ($894M), Belgium ($726M), and Netherlands ($709M).

Imports In 2021 the top importers of Confectionery Sugar were United States ($2.52B), Germany ($845M), United Kingdom ($721M), Netherlands ($534M), and Canada ($480M).

Tariffs In 2018 the average tariff for Confectionery Sugar was 22.9%, making it the 64th lowest tariff using the HS4 product classification.

Ranking Confectionery Sugar ranks 720th in the Product Complexity Index (PCI).

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Y-AXIS SCALE

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

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

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

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Historical Data

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Exporters and Importers

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Trade By Country

Top Origin (2021): Germany, $1.59B

Top Destination (2021): United States, $2.52B

Confectionery Sugar are the world's 295th most traded product.

In 2021, the top exporters of Confectionery Sugar were Germany ($1.59B), China ($1.1B), Mexico ($894M), Belgium ($726M), and Netherlands ($709M).

In 2021, the top importers of Confectionery Sugar were United States ($2.52B), Germany ($845M), United Kingdom ($721M), Netherlands ($534M), and Canada ($480M).

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Market Dynamics

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Trade by country

Color

Top Origin Growth (2020 -  2021): Germany, $267M

Top Destination Growth (2020 -  2021): United States, $414M

Between 2020 and 2021, the exports of Confectionery Sugar grew the fastest in Germany ($267M), China ($216M), Turkey ($148M), Mexico ($134M), and Spain ($129M).

Between 2020 and 2021, the fastest growing importers of Confectionery Sugar were United States ($414M), Netherlands ($117M), Germany ($109M), United Kingdom ($97.5M), and Canada ($82.2M).

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Market Concentration

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Cumulative market share

Value

This chart shows the evolution of the market concentration of exports of Confectionery Sugar.

In 2021, market concentration measured using Shannon Entropy, was 5.15. This means that most of the exports of Confectionery Sugar are explained by 35 countries.

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TOP NET EXPORTER (2021): China, $862M

TOP NET IMPORTER (2021): United States, $1.97B

This map shows which countries export or import more of Confectionery Sugar. Each country is colored based on the difference in exports and imports of Confectionery Sugar during 2021.

In 2021, the countries that had a largest trade value in exports than in imports of Confectionery Sugar were China ($862M), Mexico ($784M), Germany ($747M), Turkey ($602M), and Spain ($553M).

In 2021, the countries that had a largest trade value in imports than in exports of Confectionery Sugar were United States ($1.97B), United Kingdom ($479M), France ($230M), Australia ($196M), and Norway ($132M).

Disaggregation

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Value

In 2021, the world most traded Confectionery Sugar, disaggragated by their HS6 level were Sugar confectionery not chewing gum, no... ($12.2B) and Chewing gum containing sugar, except medicinal ($886M)

Country Comparison

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Measure
Ranking

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

Product Complexity

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Diversification Frontier

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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.

Country by Relatedness

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