Sugar beet121291 (Harmonized System 1992 for 6-digit)
2021 World Trade: $72.4M, Rnk 4243 / 4641
2021 Top Exporter | Top Importer: $28.5M | $21.7M, Germany | Switzerland
2021 Product Complexity: 0.45, Rnk 1752 / 4648
2020 - 2021 Export Growth (CAGR): 21.8%, Rnk 2157 / 4641
2018 Mean Tariff: 12.1%, Rnk 1720 / 6538
2021 Share of World Trade: <0.01%, Rnk 4243 / 4641
Overview This page contains the latest trade data of Sugar beet. In 2021, Sugar beet were the world's 4243rd most traded product, with a total trade of $72.4M. Between 2020 and 2021 the exports of Sugar beet grew by 21.8%, from $59.5M to $72.4M. Trade in Sugar beet represent 0.0000034% of total world trade.
Sugar beet are a part of Locust beans, seaweed, sugar beet, cane, for food.
Exports In 2021 the top exporters of Sugar beet were Germany ($28.5M), Slovakia ($6.83M), Belgium ($5.64M), Slovenia ($5.21M), and Netherlands ($4.91M).
Imports In 2021 the top importers of Sugar beet were Switzerland ($21.7M), Czechia ($16.5M), Netherlands ($6.14M), United Kingdom ($4.75M), and Denmark ($3.53M).
Tariffs In 2018 the average tariff for Sugar beet was 12.1%, making it the 1720th lowest tariff using the HS6 product classification.
Ranking Sugar beet ranks 1752nd in the Product Complexity Index (PCI).
The following visualization shows the latest trends on Sugar beet. 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.
Trade By Country
Top Origin (2021): Germany, $28.5M
Top Destination (2021): Switzerland, $21.7M
Sugar beet are the world's 4243rd most traded product.
In 2021, the top exporters of Sugar beet were Germany ($28.5M), Slovakia ($6.83M), Belgium ($5.64M), Slovenia ($5.21M), and Netherlands ($4.91M).
In 2021, the top importers of Sugar beet were Switzerland ($21.7M), Czechia ($16.5M), Netherlands ($6.14M), United Kingdom ($4.75M), and Denmark ($3.53M).
Trade by country
Top Origin Growth (2020 - 2021): Germany, $4.58M
Top Destination Growth (2020 - 2021): Czechia, $5.59M
Between 2020 and 2021, the exports of Sugar beet grew the fastest in Germany ($4.58M), Latvia ($2.8M), Netherlands ($2.16M), China ($1.55M), and Slovakia ($1.05M).
Between 2020 and 2021, the fastest growing importers of Sugar beet were Czechia ($5.59M), United Kingdom ($4.42M), Switzerland ($1.62M), Russia ($1.56M), and Hungary ($933k).
Cumulative market share
This chart shows the evolution of the market concentration of exports of Sugar beet.
In 2021, market concentration measured using Shannon Entropy, was 3.32. This means that most of the exports of Sugar beet are explained by 9 countries.
TOP NET EXPORTER (2021): Germany, $26.6M
TOP NET IMPORTER (2021): Switzerland, $21.6M
This map shows which countries export or import more of Sugar beet. Each country is colored based on the difference in exports and imports of Sugar beet during 2021.
In 2021, the countries that had a largest trade value in exports than in imports of Sugar beet were Germany ($26.6M), Slovakia ($6.8M), Belgium ($5.29M), Latvia ($4.38M), and Slovenia ($4.15M).
In 2021, the countries that had a largest trade value in imports than in exports of Sugar beet were Switzerland ($21.6M), Czechia ($16.2M), United Kingdom ($3.97M), Denmark ($3.41M), and Croatia ($1.96M).
This visualization shows the countries that have an important ratio of their trade related to Sugar beet. It is possible to select the main countries that export or import Sugar beet in the world, or by continent, as well as select the measure of interest.
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.
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