Sugars & confectioneriesSugars and sugar confectionery
17 (Harmonized System 1992 for 2-digit)
2021 World Trade: $50.7B, Rnk 58 / 96
2021 Top Exporter | Top Importer: $10.2B | $5.06B, Brazil | United States
2021 Product Complexity: -0.83, Rnk 76 / 96
2020 - 2021 Export Growth (CAGR): 13%, Rnk 78 / 96
2018 Mean Tariff: 17.2%, Rnk 18 / 96
2021 Share of World Trade: 0.24%, Rnk 58 / 96
Overview This page contains the latest trade data of Sugars & confectioneries. In 2021, Sugars & confectioneries were the world's 58th most traded product, with a total trade of $50.7B. Between 2020 and 2021 the exports of Sugars & confectioneries grew by 13%, from $44.9B to $50.7B. Trade in Sugars & confectioneries represent 0.24% of total world trade.
Sugars & confectioneries are a part of Foodstuffs. They include Sugars & confectioneries.
Exports In 2021 the top exporters of Sugars & confectioneries were Brazil ($10.2B), India ($4.67B), Germany ($3.25B), Thailand ($2.08B), and United States ($2.02B).
Imports In 2021 the top importers of Sugars & confectioneries were United States ($5.06B), China ($2.66B), Indonesia ($2.09B), Germany ($1.76B), and United Kingdom ($1.48B).
Tariffs In 2018 the average tariff for Sugars & confectioneries was 17.2%, making it the 18th lowest tariff using the HS2 product classification.
Ranking Sugars & confectioneries ranks 76th in the Product Complexity Index (PCI).
The following visualization shows the latest trends on Sugars & confectioneries. 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): Brazil, $10.2B
Top Destination (2021): United States, $5.06B
Sugars & confectioneries are the world's 58th most traded product.
In 2021, the top exporters of Sugars & confectioneries were Brazil ($10.2B), India ($4.67B), Germany ($3.25B), Thailand ($2.08B), and United States ($2.02B).
In 2021, the top importers of Sugars & confectioneries were United States ($5.06B), China ($2.66B), Indonesia ($2.09B), Germany ($1.76B), and United Kingdom ($1.48B).
Trade by country
Between 2020 and 2021, the exports of Sugars & confectioneries grew the fastest in India ($1.69B), Brazil ($742M), Germany ($654M), Australia ($422M), and Turkey ($321M).
Between 2020 and 2021, the fastest growing importers of Sugars & confectioneries were Sudan ($307M), Indonesia ($295M), Saudi Arabia ($263M), Netherlands ($261M), and Canada ($229M).
Cumulative market share
This chart shows the evolution of the market concentration of exports of Sugars & confectioneries.
In 2021, market concentration measured using Shannon Entropy, was 5.03. This means that most of the exports of Sugars & confectioneries are explained by 32 countries.
TOP NET EXPORTER (2021): Brazil, $10.1B
TOP NET IMPORTER (2021): United States, $3.04B
This map shows which countries export or import more of Sugars & confectioneries. Each country is colored based on the difference in exports and imports of Sugars & confectioneries during 2021.
In 2021, the countries that had a largest trade value in exports than in imports of Sugars & confectioneries were Brazil ($10.1B), India ($4.4B), Thailand ($1.71B), Germany ($1.49B), and Australia ($936M).
In 2021, the countries that had a largest trade value in imports than in exports of Sugars & confectioneries were United States ($3.04B), Indonesia ($1.55B), United Kingdom ($1.09B), Vietnam ($904M), and Bangladesh ($897M).
In 2021, the world most traded Sugars & confectioneries, disaggragated by their HS6 level were Sugars & confectioneries ($50.7B)
This visualization shows the countries that have an important ratio of their trade related to Sugars & confectioneries. It is possible to select the main countries that export or import Sugars & confectioneries 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.
Have questions, comments, or concerns?
Send us an e-mail: [email protected]
v5.1.15 owl