2023
Exports
$1.5BWorld Rnk 2 / 196
Flag Rnk 340 / 1215
2023
PRODUCT COMPLEXITY IN Confectionery Sugar
-0.6Rnk 734 / 1025
2023
Imports
$285MWorld Rnk 10 / 226
Flag Rnk 443 / 1214
2023
ECONOMIC COMPLEXITY of China
1.16Rnk 21 / 132

About

Exports In 2023, China exported $1.5B in Confectionery Sugar, making it the 2nd largest exporter of Confectionery Sugar in the world. At the same year, Confectionery Sugar was the 340th most exported product in China. The main destination of Confectionery Sugar exports from China are: United States ($150M), Philippines ($132M), Australia ($99.6M), Indonesia ($98.7M), and Russia ($60.6M).

The fastest growing export markets for Confectionery Sugar of China between 2022 and 2023 were Hong Kong ($21.2M), Mexico ($17M), and United Kingdom ($14.7M).

Imports In 2023, China imported $285M in Confectionery Sugar, becoming the 10th largest importer of Confectionery Sugar in the world. At the same year, Confectionery Sugar was the 443rd most imported product in China. China imports Confectionery Sugar primarily from: United States ($40M), Japan ($39.3M), Thailand ($28.8M), Malaysia ($24.3M), and Germany ($21.2M).

The fastest growing import markets in Confectionery Sugar for China between 2022 and 2023 were Australia ($15.1M), United States ($13.4M), and Germany ($12.5M).

COMPANIES In 2024, leading companies such as Loblaws Supermarkets (25), Electrolux (19), and Conair (19) were at the forefront of shipping Confectionery Sugar from China to the United States.

Latest Trends

December 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2023 - December 2024)$34.2M(24.2%)
IMPORT GROWTH (December 2023 - December 2024)$3.42M(11.2%)
MAIN EXPORTER (December 2024)Guangdong Province$90.4M
MAIN DESTINATION (December 2024)United States$28M

This section shows Confectionery Sugar's exports and imports data at subnational level for China. 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)$1.5B
IMPORTS (2023)$285M
NET TRADE (2023)$1.21B

In 2023, China exported $1.5B in Confectionery Sugar. The main destinations of China exports on Confectionery Sugar were United States ($150M), Philippines ($132M), Australia ($99.6M), Indonesia ($98.7M), and Russia ($60.6M).

In 2023, China imported $285M in Confectionery Sugar, mainly from United States ($40M), Japan ($39.3M), Thailand ($28.8M), Malaysia ($24.3M), and Germany ($21.2M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Confectionery Sugar EXPORT MARKETS FOR China WERE (2022 - 2023):
Hong Kong$21.2M (91.5%)
Mexico$17M (153%)
United Kingdom$14.7M (33.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Confectionery Sugar BY China WERE (2022 - 2023):
South Korea-$17.4M (-28%)
Germany-$10.2M (-36.5%)
Malaysia-$9M (-13.5%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, China's main exporting competitors in Confectionery Sugar were:
Germany $1.97B
Mexico $1.36B
In 2023, China's main importing competitors in Confectionery Sugar were:

Explore Visualizations

Trade Value of Confectionery Sugar by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $63.2M
TOP IMPORT POTENTIALGermany+ $9.6M

Confectionery Sugar’s highest export potential is United States. With an export gap of $63.2M.   Confectionery Sugar’s highest import potential is Germany with an import gap of $9.6M.

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