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

170191 (Harmonized System 1992 for 6-digit)

World Trade (2018): $790M, Rnk 2321 / 4726

Top Exporter (2018): $377M, Burma

Top Importer (2018): $382M, China

Product Complexity (2018): -1.34, Rnk 4338 / 4873

Export Growth (CAGR)(2017 - 2018): 42.9%, Rnk 446 / 4726

Mean Tariff (2018): 35.6%, Rnk 47 / 6538

Share of World Trade (2018): 0.0043%, Rnk 2321 / 4726

Overview:  This page contains the latest trade data of Refined sugar, in solid form, flavoured or coloured. In 2018, Refined sugar, in solid form, flavoured or coloured were the world's 2321st most traded product, with a total trade of $790M. Between 2017 and 2018 the exports of Refined sugar, in solid form, flavoured or coloured grew by 42.9%, from  $553M to $790M. Trade in Refined sugar, in solid form, flavoured or coloured represent 0.0043% of total world trade.

Exports: In 2018 the top exporters of Refined sugar, in solid form, flavoured or coloured  were Burma ($377M), Pakistan ($180M), Brazil ($36.5M), United States ($28.8M), and India ($23.4M).

Imports: In 2018 the top importers of Refined sugar, in solid form, flavoured or coloured were China ($382M), Afghanistan ($186M), Ghana ($17.2M), Burma ($15.1M), and Germany ($13.9M).

Tariffs: In 2018 the average tariff for Refined sugar, in solid form, flavoured or coloured was 35.6%, been the 47 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 4338th in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): Burma, $377M

Top Destination (2018): China, $382M

Refined sugar, in solid form, flavoured or coloured are the world's 2321st most traded product.

In 2018, the top exporters of Refined sugar, in solid form, flavoured or coloured were Burma ($377M), Pakistan ($180M), Brazil ($36.5M), United States ($28.8M), and India ($23.4M).

In 2018, the top importers of Refined sugar, in solid form, flavoured or coloured were China ($382M), Afghanistan ($186M), Ghana ($17.2M), Burma ($15.1M), and Germany ($13.9M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): Pakistan, $180M

Top Destination Growth (2017 - 2018): Afghanistan, $186M

Between 2017 and 2018, the exports of Refined sugar, in solid form, flavoured or coloured grew the fastest in Pakistan ($180M), Burma ($39.4M), Brazil ($16.6M), Israel ($11.3M), and Netherlands ($9.08M).

Between 2017 and 2018, the fastest growing importers of Refined sugar, in solid form, flavoured or coloured were Afghanistan ($186M), China ($42.2M), Palestine ($11.3M), Angola ($8.05M), and Sri Lanka ($7.56M).

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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 2018,  market concentration measured using Shannon Entropy, was 2.85. This means that most of the exports of Refined sugar, in solid form, flavoured or coloured are explained by 7 countries.

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TOP NET EXPORTER (2018): Burma, $362M

TOP NET IMPORTER (2018): China, $380M

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 2018.

In 2018, the countries that had a largest trade value in exports than in imports of Refined sugar, in solid form, flavoured or coloured were Burma ($362M), Pakistan ($180M), Brazil ($35.9M), India ($23M), and United States ($20.9M).

In 2018, the countries that had a largest trade value in imports than in exports of Refined sugar, in solid form, flavoured or coloured were China ($380M), Afghanistan ($186M), Ghana ($17.2M), Palestine ($10.8M), and Angola ($8.25M).

Trade Forecasts

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This section shows forecasts for total trade for Refined sugar, in solid form, flavoured or coloured. The forecast is based in a long short-term memory model or LSTM constructed using yearly trade data.

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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.