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2022
Exports $590MWorld Rnk 9 / 195
Flag Rnk 145 / 1210
2022
Destination $107M United States
2021 - 2022
FASTEST GROWING MARKET $107MUnited States
2022
PRODUCT COMPLEXITY IN Confectionery Sugar-0.72Rnk 763 / 1025
2022
Imports $553MWorld Rnk 5 / 224
Flag Rnk 208 / 1213
2022
Origin $37.9M United States
2021 - 2022
FASTEST GROWING ORIGIN $37.9MUnited States
2022
ECONOMIC COMPLEXITY of Canada0.92Rnk 31 / 133

About

Exports In 2022, Canada exported $590M in Confectionery Sugar, making it the 9th largest exporter of Confectionery Sugar in the world. At the same year, Confectionery Sugar was the 145th most exported product in Canada. The main destination of Confectionery Sugar exports from Canada are: United States ($579M), United Kingdom ($1.39M), Netherlands ($1.37M), China ($1.18M), and Australia ($1.17M).

The fastest growing export markets for Confectionery Sugar of Canada between 2021 and 2022 were United States ($107M), Netherlands ($1.15M), and Mexico ($511k).

Imports In 2022, Canada imported $553M in Confectionery Sugar, becoming the 5th largest importer of Confectionery Sugar in the world. At the same year, Confectionery Sugar was the 208th most imported product in Canada. Canada imports Confectionery Sugar primarily from: United States ($326M), China ($51.9M), Germany ($34.6M), Spain ($25.5M), and Belgium ($12.9M).

The fastest growing import markets in Confectionery Sugar for Canada between 2021 and 2022 were United States ($37.9M), China ($9.96M), and Spain ($6.84M).

COMPANIES In 2023, leading companies such as Walmart (1) were at the forefront of shipping Confectionery Sugar from Canada to the United States.

Latest Trends

September 2024

About

Overview In September 2024 Canada's Confectionery Sugar exports accounted up to C$77.3M and imports accounted up to C$71M, resulting in a positive trade balance of C$6.25M. Between September 2023 and September 2024 the exports of Canada's   Confectionery Sugar have increased by C$8.81M (12.9%) from C$68.5M to C$77.3M, while imports increased by C$908k (1.29%) from C$70.1M to C$71M.

Destinations In September 2024, Confectionery Sugar were exported mostly to United States (C$75.4M), Netherlands (C$531k), China (C$460k), Belgium (C$221k), and Israel (C$189k), and were imported mostly from United States (C$37.4M), China (C$6.76M), Germany (C$4.62M), Belgium (C$3.07M), and Mexico (C$2.93M).

Growth In September 2024, the increase in Confectionery Sugar's year-by-year exports was explained primarily by an increase in exports to United States (C$16.7M or 35.4%), Netherlands (C$259k or 1.54k%), and Australia (C$208k or 842%). In September 2024, the increase in Confectionery Sugar's year-by-year imports was explained primarily by an increase in imports from United States (C$13.4M or 56.3%), China (C$2.73M or 66.2%), and Germany (C$1.82M or 133%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)C$8.81M(12.9%)
IMPORT GROWTH (September 2023 - September 2024)C$908k(1.29%)
MAIN EXPORTER (September 2024)OntarioC$51.8M
MAIN DESTINATION (September 2024)United StatesC$75.4M

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 (2022)$590M
IMPORTS (2022)$553M
NET TRADE (2022)$37.8M

In 2022, Canada exported $590M in Confectionery Sugar. The main destinations of Canada exports on Confectionery Sugar were United States ($579M), United Kingdom ($1.39M), Netherlands ($1.37M), China ($1.18M), and Australia ($1.17M).

In 2022, Canada imported $553M in Confectionery Sugar, mainly from United States ($326M), China ($51.9M), Germany ($34.6M), Spain ($25.5M), and Belgium ($12.9M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Confectionery Sugar EXPORT MARKETS FOR Canada WERE (2021 - 2022):
United States$107M (22.8%)
Netherlands$1.15M (537%)
Mexico$511k (245%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Confectionery Sugar BY Canada WERE (2021 - 2022):
China-$320k (-21.3%)
Australia-$250k (-17.6%)
Saudi Arabia-$225k (-95.7%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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