HS Icon Refined sugar, in solid form, nes, pure sucrose

170199 (Harmonized System 1992 for 6-digit)

Overview This page contains the latest trade data of Refined sugar, in solid form, nes, pure sucrose. In 2019, Refined sugar, in solid form, nes, pure sucrose were the world's 307th most traded product, with a total trade of $9.98B. Between 2018 and 2019 the exports of Refined sugar, in solid form, nes, pure sucrose decreased by -18.4%, from $12.2B to $9.98B. Trade in Refined sugar, in solid form, nes, pure sucrose represent 0.055% of total world trade.

Exports In 2019 the top exporters of Refined sugar, in solid form, nes, pure sucrose  were Thailand ($1.31B), India ($1.24B), France ($918M), Brazil ($698M), and Germany ($586M).

Imports In 2019 the top importers of Refined sugar, in solid form, nes, pure sucrose were Italy ($573M), Sudan ($469M), Spain ($413M), United States ($382M), and China ($300M).

Tariffs In 2018 the average tariff for Refined sugar, in solid form, nes, pure sucrose was 26.3%, making it the 183rd lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Refined sugar, in solid form, nes, pure sucrose are Turkey (134%), Poland (96%), India (91.5%), Thailand (91.5%), and Romania (82.3%). The countries with the lowest tariffs are Angola (0%), South Africa (0%), United Arab Emirates (0%), Armenia (0%), and Hong Kong (0%).

Ranking Refined sugar, in solid form, nes, pure sucrose ranks 4469th in the Product Complexity Index (PCI).

Historical Data

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Exporters and Importers

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Trade By Country

Top Origin (2019): Thailand, $1.31B

Top Destination (2019): Italy, $573M

Refined sugar, in solid form, nes, pure sucrose are the world's 307th most traded product.

In 2019, the top exporters of Refined sugar, in solid form, nes, pure sucrose were Thailand ($1.31B), India ($1.24B), France ($918M), Brazil ($698M), and Germany ($586M).

In 2019, the top importers of Refined sugar, in solid form, nes, pure sucrose were Italy ($573M), Sudan ($469M), Spain ($413M), United States ($382M), and China ($300M).

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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, $69M

Between 2018 and 2019, the exports of Refined sugar, in solid form, nes, pure sucrose grew the fastest in India ($370M), Russia ($75.9M), Laos ($55.5M), Morocco ($39.2M), and Peru ($27.5M).

Between 2018 and 2019, the fastest growing importers of Refined sugar, in solid form, nes, pure sucrose were Iran ($69M), Colombia ($58.7M), Somalia ($46.8M), China ($45.4M), and Laos ($37.8M).

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Market Concentration

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Cumulative market share

Value

This chart shows the evolution of the market concentration of exports of Refined sugar, in solid form, nes, pure sucrose.

In 2019,  market concentration measured using Shannon Entropy, was 4.94. This means that most of the exports of Refined sugar, in solid form, nes, pure sucrose are explained by 30 countries.

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TOP NET EXPORTER (2019): Thailand, $1.31B

TOP NET IMPORTER (2019): Italy, $558M

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

In 2019, the countries that had a largest trade value in exports than in imports of Refined sugar, in solid form, nes, pure sucrose were Thailand ($1.31B), India ($1.24B), France ($768M), Brazil ($697M), and Guatemala ($374M).

In 2019, the countries that had a largest trade value in imports than in exports of Refined sugar, in solid form, nes, pure sucrose were Italy ($558M), Spain ($364M), United States ($345M), China ($227M), and Cambodia ($186M).

Import Tariffs

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In 2018, the average tariff for importing Refined sugar, in solid form, nes, pure sucrose was 26.3%. The countries with the highest tariffs for importing Refined sugar, in solid form, nes, pure sucrose were Turkey (134%), Poland (96%), India (91.5%), Thailand (91.5%), and Romania (82.3%).

Product Complexity

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Diversification Frontier

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Specialization

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.