2022
Exports
$1.22BWorld Rnk 4 / 171
Flag Rnk 28 / 1208
2022
PRODUCT COMPLEXITY IN Raw Sugar
-1.78Rnk 979 / 1025
2022
Imports
$8.17MWorld Rnk 143 / 224
Flag Rnk 834 / 1206
2022
ECONOMIC COMPLEXITY of Australia
-0.24Rnk 78 / 133

About

Exports In 2022, Australia exported $1.22B in Raw Sugar, making it the 4th largest exporter of Raw Sugar in the world. At the same year, Raw Sugar was the 28th most exported product in Australia. The main destination of Raw Sugar exports from Australia are: Japan ($461M), South Korea ($403M), Indonesia ($89.1M), Vietnam ($88.3M), and United States ($78.8M).

The fastest growing export markets for Raw Sugar of Australia between 2021 and 2022 were Japan ($78.6M), United States ($34.5M), and Vietnam ($17.2M).

Imports In 2022, Australia imported $8.17M in Raw Sugar, becoming the 143rd largest importer of Raw Sugar in the world. At the same year, Raw Sugar was the 834th most imported product in Australia. Australia imports Raw Sugar primarily from: China ($1.94M), Malaysia ($1.05M), India ($735k), New Zealand ($664k), and Colombia ($660k).

The fastest growing import markets in Raw Sugar for Australia between 2021 and 2022 were China ($853k), Sri Lanka ($161k), and United Kingdom ($76.4k).

Latest Trends

Oct 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 Raw 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)$1.22B
IMPORTS (2022)$8.17M
NET TRADE (2022)$1.22B

In 2022, Australia exported $1.22B in Raw Sugar. The main destinations of Australia exports on Raw Sugar were Japan ($461M), South Korea ($403M), Indonesia ($89.1M), Vietnam ($88.3M), and United States ($78.8M).

In 2022, Australia imported $8.17M in Raw Sugar, mainly from China ($1.94M), Malaysia ($1.05M), India ($735k), New Zealand ($664k), and Colombia ($660k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Raw Sugar EXPORT MARKETS FOR Australia WERE (2021 - 2022):
Japan$78.6M (20.6%)
United States$34.5M (78%)
Vietnam$17.2M (24.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Raw Sugar BY Australia WERE (2021 - 2022):
Indonesia-$72.6M (-44.9%)
Chinese Taipei-$16.9M (-96.9%)
Malaysia-$8.39M (-98.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Australia's main exporting competitors in Raw Sugar were:
Brazil $11.5B
India $6.03B
In 2022, Australia's main importing competitors in Raw Sugar were:

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Trade Value of Raw Sugar by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $25.7M
TOP IMPORT POTENTIALIndia+ $1.96M

Raw Sugar’s highest export potential is United States. With an export gap of $25.7M.   Raw Sugar’s highest import potential is India with an import gap of $1.96M.

See methodology.

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