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2023
Exports $10.8MWorld Rnk 74 / 196
Flag Rnk 226 / 1133
2023
Destination $353k Bolivia
2022 - 2023
FASTEST GROWING MARKET $353kUruguay
2023
PRODUCT COMPLEXITY IN Confectionery Sugar-0.6Rnk 734 / 1025
2023
Imports $76MWorld Rnk 47 / 226
Flag Rnk 187 / 1199
2023
Origin $1.79M Argentina
2022 - 2023
FASTEST GROWING ORIGIN $1.79MUnited States
2023
ECONOMIC COMPLEXITY of Chile-0.2Rnk 72 / 132

About

Exports In 2023, Chile exported $10.8M in Confectionery Sugar, making it the 74th largest exporter of Confectionery Sugar in the world. At the same year, Confectionery Sugar was the 226th most exported product in Chile. The main destination of Confectionery Sugar exports from Chile are: Bolivia ($4.86M), Ecuador ($2.02M), Paraguay ($1.02M), Peru ($515k), and Uruguay ($452k).

The fastest growing export markets for Confectionery Sugar of Chile between 2022 and 2023 were Uruguay ($353k), Ecuador ($340k), and Paraguay ($231k).

Imports In 2023, Chile imported $76M in Confectionery Sugar, becoming the 47th largest importer of Confectionery Sugar in the world. At the same year, Confectionery Sugar was the 187th most imported product in Chile. Chile imports Confectionery Sugar primarily from: Argentina ($11.4M), Colombia ($11M), Brazil ($10.4M), China ($10.1M), and United States ($8.3M).

The fastest growing import markets in Confectionery Sugar for Chile between 2022 and 2023 were United States ($1.79M), Mexico ($1.08M), and Germany ($634k).

COMPANIES In 2023, leading companies such as Fetzer Vineyards (36) and CMPC (1) were at the forefront of shipping Confectionery Sugar from Chile to the United States.

Latest Trends

November 2024

About

Overview In November 2024 Chile's Confectionery Sugar exports accounted up to $549k and imports accounted up to $3.7M, resulting in a negative trade balance of $3.15M. Between November 2023 and November 2024 the exports of Chile's   Confectionery Sugar have decreased by $-115k (-17.3%) from $664k to $549k, while imports increased by $1.41M (61.3%) from $2.29M to $3.7M.

Destinations In November 2024, Confectionery Sugar were exported mostly to Ecuador ($142k), Bolivia ($121k), Paraguay ($110k), Nicaragua ($60.7k), and El Salvador ($39.7k), and were imported mostly from Colombia ($1.97M), Brazil ($829k), China ($256k), Peru ($149k), and South Korea ($119k).

Growth In November 2024, the decrease in Confectionery Sugar's year-by-year exports was explained primarily by a decrease in exports to Peru ($-89.5k or -86.1%), Panama ($-56.4k or -44.3%), and El Salvador ($-27.9k or -83.2%). In November 2024, the increase in Confectionery Sugar's year-by-year imports was explained primarily by an increase in imports from China ($52.1k or 24.5%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)$-115k(-17.3%)
IMPORT GROWTH (November 2023 - November 2024)$1.41M(61.3%)
MAIN EXPORTER (November 2024)Santiago$970k
MAIN DESTINATION (November 2024)Ecuador$142k

This section shows Confectionery Sugar's exports and imports data at subnational level for Chile. 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)$10.8M
IMPORTS (2023)$76M
NET TRADE (2023)-$65.2M

In 2023, Chile exported $10.8M in Confectionery Sugar. The main destinations of Chile exports on Confectionery Sugar were Bolivia ($4.86M), Ecuador ($2.02M), Paraguay ($1.02M), Peru ($515k), and Uruguay ($452k).

In 2023, Chile imported $76M in Confectionery Sugar, mainly from Argentina ($11.4M), Colombia ($11M), Brazil ($10.4M), China ($10.1M), and United States ($8.3M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Confectionery Sugar EXPORT MARKETS FOR Chile WERE (2022 - 2023):
Uruguay$353k (357%)
Ecuador$340k (20.2%)
Paraguay$231k (29.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Confectionery Sugar BY Chile WERE (2022 - 2023):
Bolivia-$327k (-6.3%)
Peru-$279k (-35.1%)
Panama-$179k (-52%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Chile's main exporting competitors in Confectionery Sugar were:
Germany $1.97B
China $1.5B
Mexico $1.36B
In 2023, Chile'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+ $523k
TOP IMPORT POTENTIALMexico+ $2.75M

Confectionery Sugar’s highest export potential is United States. With an export gap of $523k.   Confectionery Sugar’s highest import potential is Mexico with an import gap of $2.75M.

See methodology.

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