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170290 (Harmonized System 1992 for 6-digit)

2023
World Trade $3.39BRnk 1026 / 4644
2023
Top Exporter | Top Importer $848M | $947MThailand | China
2023
Product Complexity -0.77Rnk 3572 / 4656
2022 - 2023
Export Growth (CAGR) 24.3%Rnk 210 / 4644
2023
Share of World Trade 0.015%Rnk 1026 / 4644

About

Overview This page contains the latest trade data of Sugar nes, invert sugar, caramel and artificial honey. In 2023, Sugar nes, invert sugar, caramel and artificial honey were the world's 1026th most traded product, with a total trade of $3.39B. Between 2022 and 2023 the exports of Sugar nes, invert sugar, caramel and artificial honey grew by 24.3%, from $2.72B to $3.39B. Trade in Sugar nes, invert sugar, caramel and artificial honey represent 0.015% of total world trade.

Sugar nes, invert sugar, caramel and artificial honey are a part of Other Sugars.

Exports In 2023 the top exporters of Sugar nes, invert sugar, caramel and artificial honey  were Thailand ($848M), France ($437M), China ($412M), Belgium ($217M), and Netherlands ($191M).

Imports In 2023 the top importers of Sugar nes, invert sugar, caramel and artificial honey were China ($947M), United States ($216M), Germany ($188M), Netherlands ($172M), and France ($122M).

Ranking Sugar nes, invert sugar, caramel and artificial honey ranks 3572nd in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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The following visualization shows the latest trends on Sugar nes, invert sugar, caramel and artificial honey. 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)Thailand$848M
Top Destination (2023)China$947M

In 2023 Sugar nes, invert sugar, caramel and artificial honey were the world's 1026th most traded product (out of 4,644).

In 2023, the top exporters of Sugar nes, invert sugar, caramel and artificial honey were Thailand ($848M), France ($437M), China ($412M), Belgium ($217M), and Netherlands ($191M).

In 2023, the top importers of Sugar nes, invert sugar, caramel and artificial honey were China ($947M), United States ($216M), Germany ($188M), Netherlands ($172M), and France ($122M).

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Exporters of Sugar nes, invert sugar, caramel and artificial honey (2023)
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Importers of Sugar nes, invert sugar, caramel and artificial honey (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Thailand$409M
Top Destination Growth (2022 -  2023)China$423M

Between 2022 and 2023, the exports of Sugar nes, invert sugar, caramel and artificial honey grew the fastest in Thailand ($409M), France ($115M), Mexico ($31.6M), United States ($24.7M), and Belgium ($23.4M).

Between 2022 and 2023, the fastest growing importers of Sugar nes, invert sugar, caramel and artificial honey were China ($423M), Netherlands ($45.2M), Ireland ($41.9M), Mexico ($30.9M), and United Kingdom ($27.4M).

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Exporters of Sugar nes, invert sugar, caramel and artificial honey (2022 - 2023)

Importers of Sugar nes, invert sugar, caramel and artificial honey (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Sugar nes, invert sugar, caramel and artificial honey.

In 2023, market concentration measured using Shannon Entropy, was 4.14. This means that most of the exports of Sugar nes, invert sugar, caramel and artificial honey are explained by 17 countries.

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Value of Exports in Sugar nes, invert sugar, caramel and artificial honey

Net Trade

TOP NET EXPORTER (2023)Thailand$795M
TOP NET IMPORTER (2023)China$534M

This map shows which countries export or import more of Sugar nes, invert sugar, caramel and artificial honey. Each country is colored based on the difference in exports and imports of Sugar nes, invert sugar, caramel and artificial honey during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Sugar nes, invert sugar, caramel and artificial honey were Thailand ($795M), France ($315M), Belgium ($166M), Slovakia ($60.3M), and Austria ($44.3M).

In 2023, the countries that had a largest trade value in imports than in exports of Sugar nes, invert sugar, caramel and artificial honey were China ($534M), Ireland ($93.5M), Germany ($80.8M), United Kingdom ($69.9M), and United States ($62.3M).

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 Sugar nes, invert sugar, caramel and artificial honey.
It is possible to select the main countries that export or import Sugar nes, invert sugar, caramel and artificial honey in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Sugar nes, invert sugar, caramel and artificial honey by percentage of total exports

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)

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