HS Icon Refined sugar, in solid form, flavoured or coloured

170191 (Harmonized System 1992 for 6-digit)

 2019
World Trade
: $227M, Rnk 3554 / 4648

2019
Top Exporter | Top Importer
: $31.8M | $17.7M, India | Sri Lanka

2019
Product Complexity
: -1.4, Rnk 4335 / 4826

2018 - 2019
Export Growth (CAGR)
: -74.5%, Rnk 4630 / 4648

2018
Mean Tariff
: 35.6%, Rnk 47 / 6538

 2019
Share of World Trade
: 0.0013%, Rnk 3554 / 4648

Overview:  This page contains the latest trade data of Refined sugar, in solid form, flavoured or coloured. In 2019, Refined sugar, in solid form, flavoured or coloured were the world's 3554th most traded product, with a total trade of $227M. Between 2018 and 2019 the exports of Refined sugar, in solid form, flavoured or coloured decreased by -74.5%, from  $890M to $227M. Trade in Refined sugar, in solid form, flavoured or coloured represent 0.0013% of total world trade.

Exports: In 2019 the top exporters of Refined sugar, in solid form, flavoured or coloured  were India ($31.8M), United States ($30.2M), France ($19.7M), Germany ($18.1M), and Mexico ($13.4M).

Imports: In 2019 the top importers of Refined sugar, in solid form, flavoured or coloured were Sri Lanka ($17.7M), United States ($13.6M), Germany ($11.9M), United Kingdom ($9.99M), and Ghana ($9.36M).

Tariffs: In 2018 the average tariff for Refined sugar, in solid form, flavoured or coloured was 35.6%, making it the 47th lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Refined sugar, in solid form, flavoured or coloured are Finland (159%), Turkey (134%), Poland (96%), Vietnam (95.5%), and Tanzania (94.7%). The countries with the lowest tariffs are Angola (0%), South Africa (0%), United Arab Emirates (0%), Hong Kong (0%), and Kyrgyzstan (0%).

Ranking: Refined sugar, in solid form, flavoured or coloured ranks 4335th in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2019): India, $31.8M

Top Destination (2019): Sri Lanka, $17.7M

Refined sugar, in solid form, flavoured or coloured are the world's 3554th most traded product.

In 2019, the top exporters of Refined sugar, in solid form, flavoured or coloured were India ($31.8M), United States ($30.2M), France ($19.7M), Germany ($18.1M), and Mexico ($13.4M).

In 2019, the top importers of Refined sugar, in solid form, flavoured or coloured were Sri Lanka ($17.7M), United States ($13.6M), Germany ($11.9M), United Kingdom ($9.99M), and Ghana ($9.36M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2018 -  2019): France, $11.7M

Top Destination Growth (2018 - 2019): Sri Lanka, $10.1M

Between 2018 and 2019, the exports of Refined sugar, in solid form, flavoured or coloured grew the fastest in France ($11.7M), India ($4.25M), Zambia ($2.69M), Morocco ($2.69M), and Ireland ($2.61M).

Between 2018 and 2019, the fastest growing importers of Refined sugar, in solid form, flavoured or coloured were Sri Lanka ($10.1M), Venezuela ($6.75M), Spain ($5.97M), Mauritius ($3.11M), and United Kingdom ($2.57M).

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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 Refined sugar, in solid form, flavoured or coloured.

In 2019,  market concentration measured using Shannon Entropy, was 4.75. This means that most of the exports of Refined sugar, in solid form, flavoured or coloured are explained by 26 countries.

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TOP NET EXPORTER (2019): India, $31.6M

TOP NET IMPORTER (2019): Sri Lanka, $17.6M

This map shows which countries export or import more of Refined sugar, in solid form, flavoured or coloured. Each country is colored based on the difference in exports and imports of Refined sugar, in solid form, flavoured or coloured during 2019.

In 2019, the countries that had a largest trade value in exports than in imports of Refined sugar, in solid form, flavoured or coloured were India ($31.6M), United States ($16.6M), France ($16.5M), Mexico ($12.6M), and Brazil ($12.1M).

In 2019, the countries that had a largest trade value in imports than in exports of Refined sugar, in solid form, flavoured or coloured were Sri Lanka ($17.6M), Ghana ($9.36M), Spain ($7.89M), United Kingdom ($6.33M), and Canada ($5.77M).

Import Tariffs

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In 2018, the average tariff for importing Refined sugar, in solid form, flavoured or coloured was 35.6%.  The countries with the highest tariffs for importing Refined sugar, in solid form, flavoured or coloured were Finland (159%), Turkey (134%), Poland (96%), Vietnam (95.5%), and Tanzania (94.7%).

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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.