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2023
Exports $643MWorld Rnk 9 / 196
Flag Rnk 134 / 1212
2023
Destination $57.7M United States
2022 - 2023
FASTEST GROWING MARKET $57.7MUnited States
2023
PRODUCT COMPLEXITY IN Confectionery Sugar-0.6Rnk 734 / 1025
2023
Imports $625MWorld Rnk 6 / 226
Flag Rnk 171 / 1211
2023
Origin $52.3M United States
2022 - 2023
FASTEST GROWING ORIGIN $52.3MUnited States
2023
ECONOMIC COMPLEXITY of Canada0.9Rnk 30 / 132

About

Exports In 2023, Canada exported $643M in Confectionery Sugar, making it the 9th largest exporter of Confectionery Sugar in the world. At the same year, Confectionery Sugar was the 134th most exported product in Canada. The main destination of Confectionery Sugar exports from Canada are: United States ($625M), United Kingdom ($5.17M), China ($2.57M), Netherlands ($2.16M), and Australia ($1.02M).

The fastest growing export markets for Confectionery Sugar of Canada between 2022 and 2023 were United States ($57.7M), United Kingdom ($3.04M), and Netherlands ($935k).

Imports In 2023, Canada imported $625M in Confectionery Sugar, becoming the 6th largest importer of Confectionery Sugar in the world. At the same year, Confectionery Sugar was the 171st most imported product in Canada. Canada imports Confectionery Sugar primarily from: United States ($355M), China ($54.8M), Mexico ($35.1M), Germany ($34.1M), and Spain ($27.3M).

The fastest growing import markets in Confectionery Sugar for Canada between 2022 and 2023 were United States ($52.3M), Germany ($9.24M), and China ($6.6M).

Latest Trends

December 2024

About

Overview In December 2024 Canada's Confectionery Sugar exports accounted up to C$78.5M and imports accounted up to C$74.3M, resulting in a positive trade balance of C$4.19M. Between December 2023 and December 2024 the exports of Canada's   Confectionery Sugar have increased by C$16.8M (27.3%) from C$61.7M to C$78.5M, while imports increased by C$4.65M (6.68%) from C$69.7M to C$74.3M.

Destinations In December 2024, Confectionery Sugar were exported mostly to United States (C$77.4M), Netherlands (C$302k), China (C$204k), Belgium (C$158k), and United Kingdom (C$113k), and were imported mostly from United States (C$37M), China (C$7.59M), Germany (C$6.29M), Mexico (C$3.94M), and Spain (C$3.28M).

Growth In December 2024, the increase in Confectionery Sugar's year-by-year exports was explained primarily by an increase in exports to Netherlands (C$437k or 159%), United Kingdom (C$208k or 180%), and Hong Kong (C$104k or 12.9k%). In December 2024, the increase in Confectionery Sugar's year-by-year imports was explained primarily by an increase in imports from United States (C$3.97M or 10.6%), China (C$2.17M or 31.6%), and Spain (C$1.56M or 83.2%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2023 - December 2024)C$16.8M(27.3%)
IMPORT GROWTH (December 2023 - December 2024)C$4.65M(6.68%)
MAIN EXPORTER (December 2024)
MAIN DESTINATION (December 2024)United StatesC$77.4M

This section shows Confectionery Sugar's exports and imports data at subnational level for Canada. 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 (2023)$643M
IMPORTS (2023)$625M
NET TRADE (2023)$18.1M

In 2023, Canada exported $643M in Confectionery Sugar. The main destinations of Canada exports on Confectionery Sugar were United States ($625M), United Kingdom ($5.17M), China ($2.57M), Netherlands ($2.16M), and Australia ($1.02M).

In 2023, Canada imported $625M in Confectionery Sugar, mainly from United States ($355M), China ($54.8M), Mexico ($35.1M), Germany ($34.1M), and Spain ($27.3M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Confectionery Sugar EXPORT MARKETS FOR Canada WERE (2022 - 2023):
United States$57.7M (10.2%)
United Kingdom$3.04M (142%)
Netherlands$935k (76.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Confectionery Sugar BY Canada WERE (2022 - 2023):
South Korea-$1.69M (-99.8%)
Switzerland-$503k (-68.7%)
Hong Kong-$399k (-36%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Canada's main exporting competitors in Confectionery Sugar were:
Germany $1.97B
China $1.5B
Mexico $1.36B
In 2023, Canada's main importing competitors in Confectionery Sugar were:
United States $3.26B
United Kingdom $1.01B
Germany $992M

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Trade Value of Confectionery Sugar by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $73.2M
TOP IMPORT POTENTIALChina+ $11.2M

Confectionery Sugar’s highest export potential is United States. With an export gap of $73.2M.   Confectionery Sugar’s highest import potential is China with an import gap of $11.2M.

See methodology.

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