2022
Exports
$243MWorld Rnk 14 / 195
Flag Rnk 21 / 1142
2022
PRODUCT COMPLEXITY IN Confectionery Sugar
-0.72Rnk 763 / 1025
2022
Imports
$36.9MWorld Rnk 66 / 224
Flag Rnk 312 / 1183
2022
ECONOMIC COMPLEXITY of Colombia
0.11Rnk 58 / 133

About

Exports In 2022, Colombia exported $243M in Confectionery Sugar, making it the 14th largest exporter of Confectionery Sugar in the world. At the same year, Confectionery Sugar was the 21st most exported product in Colombia. The main destination of Confectionery Sugar exports from Colombia are: Venezuela ($48.2M), United States ($35.1M), Ecuador ($28.9M), Peru ($27.7M), and Chile ($16.6M).

The fastest growing export markets for Confectionery Sugar of Colombia between 2021 and 2022 were Venezuela ($27.1M), Ecuador ($11.3M), and United States ($9.84M).

Imports In 2022, Colombia imported $36.9M in Confectionery Sugar, becoming the 66th largest importer of Confectionery Sugar in the world. At the same year, Confectionery Sugar was the 312th most imported product in Colombia. Colombia imports Confectionery Sugar primarily from: Mexico ($14.6M), Spain ($4.4M), United States ($3.54M), Ecuador ($2.32M), and China ($2.18M).

The fastest growing import markets in Confectionery Sugar for Colombia between 2021 and 2022 were Mexico ($3.18M), Spain ($2.56M), and Guatemala ($1.01M).

Latest Trends

Jul 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Confectionery Sugar. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$243M
IMPORTS (2022)$36.9M
NET TRADE (2022)$206M

In 2022, Colombia exported $243M in Confectionery Sugar. The main destinations of Colombia exports on Confectionery Sugar were Venezuela ($48.2M), United States ($35.1M), Ecuador ($28.9M), Peru ($27.7M), and Chile ($16.6M).

In 2022, Colombia imported $36.9M in Confectionery Sugar, mainly from Mexico ($14.6M), Spain ($4.4M), United States ($3.54M), Ecuador ($2.32M), and China ($2.18M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Confectionery Sugar EXPORT MARKETS FOR Colombia WERE (2021 - 2022):
Venezuela$27.1M (129%)
Ecuador$11.3M (63.6%)
United States$9.84M (39%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Confectionery Sugar BY Colombia WERE (2021 - 2022):
Nigeria-$2.18M (-42.5%)
Haiti-$1.42M (-35%)
Guinea-$1.18M (-43.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Confectionery Sugar by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $22.9M
TOP IMPORT POTENTIALChina+ $1.98M

Confectionery Sugar’s highest export potential is United States. With an export gap of $22.9M.   Confectionery Sugar’s highest import potential is China with an import gap of $1.98M.

See methodology.

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