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2022
Exports $9.8MWorld Rnk 75 / 195
Flag Rnk 243 / 1142
2022
Destination $475k Bolivia
2021 - 2022
FASTEST GROWING MARKET $475kParaguay
2022
PRODUCT COMPLEXITY IN Confectionery Sugar-0.72Rnk 763 / 1025
2022
Imports $79.2MWorld Rnk 40 / 224
Flag Rnk 203 / 1203
2022
Origin $7.2M Colombia
2021 - 2022
FASTEST GROWING ORIGIN $7.2MColombia
2022
ECONOMIC COMPLEXITY of Chile-0.18Rnk 74 / 133

About

Exports In 2022, Chile exported $9.8M in Confectionery Sugar, making it the 75th largest exporter of Confectionery Sugar in the world. At the same year, Confectionery Sugar was the 243rd most exported product in Chile. The main destination of Confectionery Sugar exports from Chile are: Bolivia ($4.56M), Ecuador ($1.59M), Peru ($1.04M), Paraguay ($831k), and Panama ($398k).

The fastest growing export markets for Confectionery Sugar of Chile between 2021 and 2022 were Paraguay ($475k), Ecuador ($430k), and Panama ($337k).

Imports In 2022, Chile imported $79.2M in Confectionery Sugar, becoming the 40th largest importer of Confectionery Sugar in the world. At the same year, Confectionery Sugar was the 203rd most imported product in Chile. Chile imports Confectionery Sugar primarily from: Colombia ($16.6M), Argentina ($12.6M), China ($10.9M), Brazil ($8.78M), and United States ($6.34M).

The fastest growing import markets in Confectionery Sugar for Chile between 2021 and 2022 were Colombia ($7.2M), Peru ($1.66M), and Mexico ($1.24M).

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

August 2024

About

Overview In August 2024 Chile's Confectionery Sugar exports accounted up to $1.21M and imports accounted up to $6.6M, resulting in a negative trade balance of $5.39M. Between August 2023 and August 2024 the exports of Chile's   Confectionery Sugar have increased by $432k (55.9%) from $773k to $1.21M, while imports increased by $5.09M (338%) from $1.51M to $6.6M.

Destinations In August 2024, Confectionery Sugar were exported mostly to Bolivia ($614k), Paraguay ($193k), Ecuador ($179k), Nicaragua ($81.3k), and Uruguay ($57.6k), and were imported mostly from Brazil ($2.15M), Mexico ($1.85M), Colombia ($1.01M), United States ($482k), and China ($363k).

Growth In August 2024, the increase in Confectionery Sugar's year-by-year exports was explained primarily by an increase in exports to Bolivia ($301k or 317%), Ecuador ($29.6k or 45.8%), and Paraguay ($16.8k or 73.4%). In August 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 (August 2023 - August 2024)$432k(55.9%)
IMPORT GROWTH (August 2023 - August 2024)$5.09M(338%)
MAIN EXPORTER (August 2024)Santiago$970k
MAIN DESTINATION (August 2024)Bolivia$614k

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 (2022)$9.8M
IMPORTS (2022)$79.2M
NET TRADE (2022)-$69.4M

In 2022, Chile exported $9.8M in Confectionery Sugar. The main destinations of Chile exports on Confectionery Sugar were Bolivia ($4.56M), Ecuador ($1.59M), Peru ($1.04M), Paraguay ($831k), and Panama ($398k).

In 2022, Chile imported $79.2M in Confectionery Sugar, mainly from Colombia ($16.6M), Argentina ($12.6M), China ($10.9M), Brazil ($8.78M), and United States ($6.34M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Confectionery Sugar EXPORT MARKETS FOR Chile WERE (2021 - 2022):
Paraguay$475k (133%)
Ecuador$430k (37.1%)
Panama$337k (550%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Confectionery Sugar BY Chile WERE (2021 - 2022):
Bolivia-$298k (-6.13%)
Cuba-$86.8k (-46.9%)
Uruguay-$68.8k (-41.6%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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