HS Icon Raw sugar, cane

170111 (Harmonized System 1992 for 6-digit)

 2019
World Trade
: $11.4B, Rnk 259 / 4648

2019
Top Exporter | Top Importer
: $4.61B | $1.16B, Brazil | Indonesia

2019
Product Complexity
: -2.06, Rnk 4704 / 4826

2018 - 2019
Export Growth (CAGR)
: -1.28%, Rnk 1832 / 4648

2018
Mean Tariff
: 23.8%, Rnk 330 / 6538

 2019
Share of World Trade
: 0.063%, Rnk 259 / 4648

Overview:  This page contains the latest trade data of Raw sugar, cane. In 2019, Raw sugar, cane were the world's 259th most traded product, with a total trade of $11.4B. Between 2018 and 2019 the exports of Raw sugar, cane decreased by -1.28%, from  $11.5B to $11.4B. Trade in Raw sugar, cane represent 0.063% of total world trade.

Exports: In 2019 the top exporters of Raw sugar, cane  were Brazil ($4.61B), Thailand ($1.72B), Australia ($933M), Mexico ($649M), and India ($445M).

Imports: In 2019 the top importers of Raw sugar, cane were Indonesia ($1.16B), United States ($1.11B), China ($944M), Algeria ($634M), and Bangladesh ($604M).

Tariffs: In 2018 the average tariff for Raw sugar, cane was 23.8%, making it the 330th lowest tariff using the HS6 product classification.

Ranking: Raw sugar, cane ranks 4704th in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2019): Brazil, $4.61B

Top Destination (2019): Indonesia, $1.16B

Raw sugar, cane are the world's 259th most traded product.

In 2019, the top exporters of Raw sugar, cane were Brazil ($4.61B), Thailand ($1.72B), Australia ($933M), Mexico ($649M), and India ($445M).

In 2019, the top importers of Raw sugar, cane were Indonesia ($1.16B), United States ($1.11B), China ($944M), Algeria ($634M), and Bangladesh ($604M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2018 -  2019): India, $370M

Top Destination Growth (2018 - 2019): Iran, $271M

Between 2018 and 2019, the exports of Raw sugar, cane grew the fastest in India ($370M), Thailand ($203M), Mexico ($190M), Eswatini ($93M), and South Africa ($85.2M).

Between 2018 and 2019, the fastest growing importers of Raw sugar, cane were Iran ($271M), Bangladesh ($67.7M), Kenya ($66M), Saudi Arabia ($59.2M), and Morocco ($46M).

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Market Concentration

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Cumulative market share

This chart shows the evolution of the market concentration of exports of Raw sugar, cane.

In 2019,  market concentration measured using Shannon Entropy, was 3.42. This means that most of the exports of Raw sugar, cane are explained by 10 countries.

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TOP NET EXPORTER (2019): Brazil, $4.61B

TOP NET IMPORTER (2019): Indonesia, $1.16B

This map shows which countries export or import more of Raw sugar, cane. Each country is colored based on the difference in exports and imports of Raw sugar, cane during 2019.

In 2019, the countries that had a largest trade value in exports than in imports of Raw sugar, cane were Brazil ($4.61B), Thailand ($1.72B), Australia ($931M), Mexico ($647M), and Eswatini ($362M).

In 2019, the countries that had a largest trade value in imports than in exports of Raw sugar, cane were Indonesia ($1.16B), United States ($1.11B), China ($936M), Algeria ($632M), and Bangladesh ($604M).

Import Tariffs

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In 2018, the average tariff for importing Raw sugar, cane was 23.8%.  The countries with the highest tariffs for importing Raw sugar, cane were Poland (95.6%), Hungary (68%), Slovakia (63.8%), Czechia (63.8%), and Romania (53.3%).

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Product Complexity

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Diversification Frontier

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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.