Confectionery Sugar in Brazil | The Observatory of Economic Complexity

About

Exports In 2022, Brazil exported $210M in Confectionery Sugar, making it the 16th largest exporter of Confectionery Sugar in the world. At the same year, Confectionery Sugar was the 129th most exported product in Brazil. The main destination of Confectionery Sugar exports from Brazil are: United States ($69.2M), Paraguay ($16.8M), Argentina ($11.8M), Chile ($8.78M), and Canada ($8.71M).

The fastest growing export markets for Confectionery Sugar of Brazil between 2021 and 2022 were United States ($17.1M), Paraguay ($3.58M), and Argentina ($3.48M).

Imports In 2022, Brazil imported $41.1M in Confectionery Sugar, becoming the 63rd largest importer of Confectionery Sugar in the world. At the same year, Confectionery Sugar was the 493rd most imported product in Brazil. Brazil imports Confectionery Sugar primarily from: China ($14M), Ecuador ($7.96M), Argentina ($3.46M), Spain ($2.71M), and Vietnam ($1.82M).

The fastest growing import markets in Confectionery Sugar for Brazil between 2021 and 2022 were China ($9.03M), Argentina ($2.33M), and Spain ($1.51M).

COMPANIES In 2023, leading companies such as Fetzer Vineyards (8), Goodyear Tire and Rubber (1), and JBS Foods (1) were at the forefront of shipping Confectionery Sugar from Brazil to the United States.

Latest Trends

April 2024

About

Overview In April 2024 Brazil's Confectionery Sugar exports accounted up to $16.8M and imports accounted up to $4.14M, resulting in a positive trade balance of $12.7M. Between April 2023 and April 2024 the exports of Brazil's Confectionery Sugar have decreased by $-1.69M (-9.15%) from $18.5M to $16.8M, while imports increased by $1.27M (44.2%) from $2.87M to $4.14M.

Destinations In April 2024, Confectionery Sugar were exported mostly to United States ($4.08M), Paraguay ($1.62M), Chile ($1.29M), Venezuela ($1.08M), and Argentina ($817k), and were imported mostly from China ($1.83M), Ecuador ($616k), United States ($265k), Argentina ($229k), and Switzerland ($168k).

Growth In April 2024, the decrease in Confectionery Sugar's year-by-year exports was explained primarily by a decrease in exports to United States ($-910k or -19.5%), Argentina ($-760k or -72.5%), and Chile ($-156k or -38.4%). In April 2024, the increase in Confectionery Sugar's year-by-year imports was explained primarily by an increase in imports from China ($470k or 38.6%), Argentina ($190k or 175%), and Switzerland ($130k or 140%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (April 2023 - April 2024)$-1.69M(-9.15%)

IMPORT GROWTH (April 2023 - April 2024)$1.27M(44.2%)

MAIN EXPORTER (April 2024)São Paulo$10.7M

MAIN DESTINATION (April 2024)United States$4.08M

This section shows Confectionery Sugar's exports and imports data at subnational level for Brazil. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Confectionery Sugar over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$210M

IMPORTS (2022)$41.1M

NET TRADE (2022)$169M

In 2022, Brazil exported $210M in Confectionery Sugar. The main destinations of Brazil exports on Confectionery Sugar were United States ($69.2M), Paraguay ($16.8M), Argentina ($11.8M), Chile ($8.78M), and Canada ($8.71M).

In 2022, Brazil imported $41.1M in Confectionery Sugar, mainly from China ($14M), Ecuador ($7.96M), Argentina ($3.46M), Spain ($2.71M), and Vietnam ($1.82M).

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