Raw Sugar1701 (Harmonized System 1992 for 4-digit)
2019 World Trade: $21.8B, Rnk 170 / 1217
2019 Top Exporter | Top Importer: $5.33B | $1.51B, Brazil | United States
2019 Product Complexity: -1.79, Rnk 918 / 961
2018 - 2019 Export Growth (CAGR): -12.5%, Rnk 1024 / 1217
2018 Mean Tariff: 35%, Rnk 11 / 1259
2019 Share of World Trade: 0.12%, Rnk 170 / 1217
Overview: This page contains the latest trade data of Raw Sugar. In 2019, Raw Sugar were the world's 170th most traded product, with a total trade of $21.8B. Between 2018 and 2019 the exports of Raw Sugar decreased by -12.5%, from $24.9B to $21.8B. Trade in Raw Sugar represent 0.12% of total world trade.
Exports: In 2019 the top exporters of Raw Sugar were Brazil ($5.33B), Thailand ($3.04B), India ($1.72B), France ($1B), and Australia ($998M).
Imports: In 2019 the top importers of Raw Sugar were United States ($1.51B), China ($1.25B), Indonesia ($1.21B), Italy ($696M), and South Korea ($644M).
Tariffs: In 2018 the average tariff for Raw Sugar was 35%, making it the 11th lowest tariff using the HS4 product classification.
The countries with the highest import tariffs for Raw Sugar are Finland (159%), Turkey (134%), Poland (95.8%), Thailand (91.5%), and India (90.8%). The countries with the lowest tariffs are Angola (0%), South Africa (0%), United Arab Emirates (0%), Hong Kong (0%), and Japan (0%).
Ranking: Raw Sugar ranks 918th in the Product Complexity Index (PCI).
Trade By Country
Top Origin (2019): Brazil, $5.33B
Top Destination (2019): United States, $1.51B
Raw Sugar are the world's 170th most traded product.
In 2019, the top exporters of Raw Sugar were Brazil ($5.33B), Thailand ($3.04B), India ($1.72B), France ($1B), and Australia ($998M).
In 2019, the top importers of Raw Sugar were United States ($1.51B), China ($1.25B), Indonesia ($1.21B), Italy ($696M), and South Korea ($644M).
Trade by country
Between 2018 and 2019, the exports of Raw Sugar grew the fastest in India ($747M), Mexico ($200M), Eswatini ($111M), South Africa ($107M), and Russia ($89.1M).
Between 2018 and 2019, the fastest growing importers of Raw Sugar were Iran ($341M), Kenya ($86M), Bangladesh ($75.9M), Somalia ($70M), and Colombia ($59.5M).
Cumulative market share
This chart shows the evolution of the market concentration of exports of Raw Sugar.
In 2019, market concentration measured using Shannon Entropy, was 4.56. This means that most of the exports of Raw Sugar are explained by 23 countries.
TOP NET EXPORTER (2019): Brazil, $5.32B
TOP NET IMPORTER (2019): United States, $1.43B
This map shows which countries export or import more of Raw Sugar. Each country is colored based on the difference in exports and imports of Raw Sugar during 2019.
In 2019, the countries that had a largest trade value in exports than in imports of Raw Sugar were Brazil ($5.32B), Thailand ($3.04B), India ($1.45B), Australia ($985M), and Mexico ($839M).
In 2019, the countries that had a largest trade value in imports than in exports of Raw Sugar were United States ($1.43B), Indonesia ($1.21B), China ($1.16B), Italy ($674M), and Bangladesh ($637M).
In 2019, the world most traded Raw Sugar, disaggragated by their HS6 level were Raw sugar, cane ($11.4B), Refined sugar, in solid form, nes,... ($9.98B), Refined sugar, in solid form, flavoured... ($227M), and Raw sugar, beet ($181M)
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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