Overview: This page contains the latest trade data of Confectionery Sugar. In 2019, Confectionery Sugar were the world's 287th most traded product, with a total trade of $11.7B. Between 2018 and 2019 the exports of Confectionery Sugar decreased by -1.67%, from $11.9B to $11.7B. Trade in Confectionery Sugar represent 0.065% of total world trade.
Exports: In 2019 the top exporters of Confectionery Sugar were Germany ($1.27B), China ($964M), Mexico ($812M), Belgium ($717M), and Netherlands ($678M).
Top Destination Growth (2018 - 2019): United States, $62.8M
Between 2018 and 2019, the exports of Confectionery Sugar grew the fastest in Mexico ($60.1M), Turkey ($45M), Spain ($34.4M), Bahrain ($26.4M), and Poland ($26.1M).
Between 2018 and 2019, the fastest growing importers of Confectionery Sugar were United States ($62.8M), Saudi Arabia ($45.8M), China ($28.5M), Yemen ($14M), and Vietnam ($13.2M).
This chart shows the evolution of the market concentration of exports of Confectionery Sugar.
In 2019, market concentration measured using Shannon Entropy, was 5.16. This means that most of the exports of Confectionery Sugar are explained by 35 countries.
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 2019.
In 2019, the countries that had a largest trade value in exports than in imports of Confectionery Sugar were China ($742M), Mexico ($690M), Germany ($465M), Turkey ($446M), and Spain ($444M).
In 2019, the countries that had a largest trade value in imports than in exports of Confectionery Sugar were United States ($1.5B), United Kingdom ($344M), France ($197M), Philippines ($164M), and Australia ($153M).
In 2018, the average tariff for importing Confectionery Sugar was 25.2%. The countries with the highest tariffs for importing Confectionery Sugar were Iran (75%), Cyprus (64%), Hungary (57.2%), Egypt (47.7%), and Syria (46%).
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.