2022
Exports
$58.3MWorld Rnk 41 / 195
Flag Rnk 228 / 1208
2022
PRODUCT COMPLEXITY IN Confectionery Sugar
-0.72Rnk 763 / 1025
2022
Imports
$243MWorld Rnk 10 / 224
Flag Rnk 198 / 1206
2022
ECONOMIC COMPLEXITY of Australia
-0.24Rnk 78 / 133

About

Exports In 2022, Australia exported $58.3M in Confectionery Sugar, making it the 41st largest exporter of Confectionery Sugar in the world. At the same year, Confectionery Sugar was the 228th most exported product in Australia. The main destination of Confectionery Sugar exports from Australia are: New Zealand ($31.4M), United States ($10.2M), China ($3.04M), Singapore ($2.24M), and Canada ($1.29M).

The fastest growing export markets for Confectionery Sugar of Australia between 2021 and 2022 were Singapore ($487k), Japan ($332k), and United States ($260k).

Imports In 2022, Australia imported $243M in Confectionery Sugar, becoming the 10th largest importer of Confectionery Sugar in the world. At the same year, Confectionery Sugar was the 198th most imported product in Australia. Australia imports Confectionery Sugar primarily from: China ($76.8M), Germany ($26.6M), New Zealand ($23.7M), United States ($19.2M), and Spain ($9.22M).

The fastest growing import markets in Confectionery Sugar for Australia between 2021 and 2022 were Germany ($8.06M), China ($5.6M), and Vietnam ($1.87M).

Latest Trends

Sep 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Confectionery Sugar. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$58.3M
IMPORTS (2022)$243M
NET TRADE (2022)-$185M

In 2022, Australia exported $58.3M in Confectionery Sugar. The main destinations of Australia exports on Confectionery Sugar were New Zealand ($31.4M), United States ($10.2M), China ($3.04M), Singapore ($2.24M), and Canada ($1.29M).

In 2022, Australia imported $243M in Confectionery Sugar, mainly from China ($76.8M), Germany ($26.6M), New Zealand ($23.7M), United States ($19.2M), and Spain ($9.22M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Confectionery Sugar EXPORT MARKETS FOR Australia WERE (2021 - 2022):
Singapore$487k (27.9%)
Japan$332k (618%)
United States$260k (2.63%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Confectionery Sugar BY Australia WERE (2021 - 2022):
New Zealand-$3.3M (-9.5%)
China-$1.75M (-36.5%)
United Kingdom-$1.05M (-70%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Australia's main exporting competitors in Confectionery Sugar were:
Germany $1.76B
China $1.38B
Mexico $1.12B
In 2022, Australia's main importing competitors in Confectionery Sugar were:

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Trade Value of Confectionery Sugar by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $5.97M
TOP IMPORT POTENTIALIndia+ $3.37M

Confectionery Sugar’s highest export potential is United States. With an export gap of $5.97M.   Confectionery Sugar’s highest import potential is India with an import gap of $3.37M.

See methodology.

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