Chemically Pure Sugars2940 (Harmonized System 1992 for 4-digit)
World Trade (2018): $1.02B, Rnk 901 / 1225
Top Exporter (2018): $225M, Germany
Top Importer (2018): $143M, United States
Product Complexity (2018): 0.19, Rnk 470 / 1018
Export Growth (CAGR)(2017 - 2018): 2.93%, Rnk 1017 / 1225
Mean Tariff (2018): 4%, Rnk 992 / 1259
Share of World Trade (2018): 0.0056%, Rnk 901 / 1225
Overview: This page contains the latest trade data of Chemically Pure Sugars. In 2018, Chemically Pure Sugars were the world's 901st most traded product, with a total trade of $1.02B. Between 2017 and 2018 the exports of Chemically Pure Sugars grew by 2.93%, from $994M to $1.02B. Trade in Chemically Pure Sugars represent 0.0056% of total world trade.
Exports: In 2018 the top exporters of Chemically Pure Sugars were Germany ($225M), China ($135M), United States ($123M), France ($78.2M), and Japan ($69.9M).
Imports: In 2018 the top importers of Chemically Pure Sugars were United States ($143M), Japan ($90.5M), Switzerland ($54.4M), Finland ($48.8M), and Germany ($48M).
Tariffs: In 2018 the average tariff for Chemically Pure Sugars was 4%, been the 992 lowest tariff using the HS4 product classification.
The countries with the highest import tariffs for Chemically Pure Sugars are Bahamas (40.2%), Bermuda (25%), Slovenia (15%), Maldives (14.7%), and Algeria (12.2%). The countries with the lowest tariffs are Angola (0%), Kenya (0%), Mozambique (0%), Mauritania (0%), and Mauritius (0%).
Ranking: Chemically Pure Sugars ranks 470th in the Product Complexity Index (PCI).
Trade By Country
Top Origin (2018): Germany, $225M
Top Destination (2018): United States, $143M
Chemically Pure Sugars are the world's 901st most traded product.
In 2018, the top exporters of Chemically Pure Sugars were Germany ($225M), China ($135M), United States ($123M), France ($78.2M), and Japan ($69.9M).
In 2018, the top importers of Chemically Pure Sugars were United States ($143M), Japan ($90.5M), Switzerland ($54.4M), Finland ($48.8M), and Germany ($48M).
Trade by country
Top Origin Growth (2017 - 2018): Germany, $33.2M
Top Destination Growth (2017 - 2018): Slovenia, $9.6M
Between 2017 and 2018, the exports of Chemically Pure Sugars grew the fastest in Germany ($33.2M), Switzerland ($13.1M), Denmark ($12.6M), Portugal ($8.37M), and United Kingdom ($7.96M).
Between 2017 and 2018, the fastest growing importers of Chemically Pure Sugars were Slovenia ($9.6M), Ireland ($8.66M), China ($8.59M), Belgium-Luxembourg ($8.21M), and United States ($7.98M).
Cumulative market share
This chart shows the evolution of the market concentration of exports of Chemically Pure Sugars.
In 2018, market concentration measured using Shannon Entropy, was 3.91. This means that most of the exports of Chemically Pure Sugars are explained by 15 countries.
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 2018.
In 2018, the countries that had a largest trade value in exports than in imports of Chemically Pure Sugars were Germany ($177M), China ($109M), Austria ($56.6M), Thailand ($36.6M), and France ($36.4M).
In 2018, the countries that had a largest trade value in imports than in exports of Chemically Pure Sugars were Finland ($47.3M), Switzerland ($35.1M), Mexico ($32.7M), South Korea ($27.7M), and Poland ($26.5M).
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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