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2022
Exports $210MWorld Rnk 16 / 195
Flag Rnk 129 / 1206
2022
Destination $17.1M United States
2021 - 2022
FASTEST GROWING MARKET $17.1MUnited States
2022
PRODUCT COMPLEXITY IN Confectionery Sugar-0.72Rnk 763 / 1025
2022
Imports $41.1MWorld Rnk 63 / 224
Flag Rnk 493 / 1198
2022
Origin $9.03M China
2021 - 2022
FASTEST GROWING ORIGIN $9.03MChina
2022
ECONOMIC COMPLEXITY of Brazil0.36Rnk 49 / 133

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

October 2024

About

Overview In October 2024 Brazil's Confectionery Sugar exports accounted up to $15.9M and imports accounted up to $3.94M, resulting in a positive trade balance of $12M. Between October 2023 and October 2024 the exports of Brazil's   Confectionery Sugar have decreased by $-1.65M (-9.42%) from $17.5M to $15.9M, while imports increased by $1.21M (44.3%) from $2.73M to $3.94M.

Destinations In October 2024, Confectionery Sugar were exported mostly to United States ($5.12M), Paraguay ($1.31M), Argentina ($1.05M), Chile ($966k), and Canada ($898k), and were imported mostly from China ($2.04M), Ecuador ($599k), Spain ($292k), Japan ($155k), and Germany ($153k).

Growth In October 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 October 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
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)$-1.65M(-9.42%)
IMPORT GROWTH (October 2023 - October 2024)$1.21M(44.3%)
MAIN EXPORTER (October 2024)São Paulo$10.8M
MAIN DESTINATION (October 2024)United States$5.12M

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
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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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Confectionery Sugar EXPORT MARKETS FOR Brazil WERE (2021 - 2022):
United States$17.1M (32.9%)
Paraguay$3.58M (27.1%)
Argentina$3.48M (41.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Confectionery Sugar BY Brazil WERE (2021 - 2022):
Ghana-$1.96M (-55.1%)
Nigeria-$1.76M (-55.1%)
Oman-$1.16M (-92.5%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Brazil's main exporting competitors in Confectionery Sugar were:
Germany $1.76B
China $1.38B
Mexico $1.12B
In 2022, Brazil's main importing competitors in Confectionery Sugar were:
United States $3.01B
Germany $834M
United Kingdom $736M

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Trade Value of Confectionery Sugar by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $20.7M
TOP IMPORT POTENTIALChina+ $3.18M

Confectionery Sugar’s highest export potential is United States. With an export gap of $20.7M.   Confectionery Sugar’s highest import potential is China with an import gap of $3.18M.

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