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2022
Exports $52.5MWorld Rnk 53 / 171
Flag Rnk 487 / 1210
2022
Destination $284k United States
2021 - 2022
FASTEST GROWING MARKET $284kJamaica
2022
PRODUCT COMPLEXITY IN Raw Sugar-1.78Rnk 979 / 1025
2022
Imports $652MWorld Rnk 14 / 224
Flag Rnk 176 / 1213
2022
Origin $66M Brazil
2021 - 2022
FASTEST GROWING ORIGIN $66MBrazil
2022
ECONOMIC COMPLEXITY of Canada0.92Rnk 31 / 133

About

Exports In 2022, Canada exported $52.5M in Raw Sugar, making it the 53rd largest exporter of Raw Sugar in the world. At the same year, Raw Sugar was the 487th most exported product in Canada. The main destination of Raw Sugar exports from Canada are: United States ($45.1M), Mexico ($3.28M), Jamaica ($1.88M), South Korea ($606k), and Bermuda ($458k).

The fastest growing export markets for Raw Sugar of Canada between 2021 and 2022 were Jamaica ($284k), South Korea ($233k), and Barbados ($130k).

Imports In 2022, Canada imported $652M in Raw Sugar, becoming the 14th largest importer of Raw Sugar in the world. At the same year, Raw Sugar was the 176th most imported product in Canada. Canada imports Raw Sugar primarily from: Brazil ($500M), Guatemala ($54.2M), El Salvador ($39.3M), United States ($22.8M), and Mexico ($13.3M).

The fastest growing import markets in Raw Sugar for Canada between 2021 and 2022 were Brazil ($66M), El Salvador ($39.3M), and Guatemala ($18.1M).

Latest Trends

August 2024

About

Overview In August 2024 Canada's Raw Sugar exports accounted up to C$2.8M and imports accounted up to C$130M, resulting in a negative trade balance of C$127M. Between August 2023 and August 2024 the exports of Canada's   Raw Sugar have increased by C$787k (39.1%) from C$2.01M to C$2.8M, while imports increased by C$26.4M (25.4%) from C$104M to C$130M.

Destinations In August 2024, Raw Sugar were exported mostly to United States (C$2.78M), France (C$10.7k), and Saint Pierre and Miquelon (C$4.22k), and were imported mostly from Brazil (C$104M), Guatemala (C$18.3M), Argentina (C$3.91M), United States (C$800k), and Colombia (C$649k).

Growth In August 2024, the increase in Raw Sugar's year-by-year exports was explained primarily by an increase in exports to Saint Pierre and Miquelon (C$2.12k or 112%). In August 2024, the increase in Raw Sugar's year-by-year imports was explained primarily by an increase in imports from Brazil (C$25.2M or 67.6%), Guatemala (C$7.5M or 49.7%), and Colombia (C$901k or 364%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)C$787k(39.1%)
IMPORT GROWTH (August 2023 - August 2024)C$26.4M(25.4%)
MAIN EXPORTER (August 2024)AlbertaC$3.23M
MAIN DESTINATION (August 2024)United StatesC$2.78M

This section shows Raw Sugar's exports and imports data at subnational level for Canada. 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 Raw Sugar over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$52.5M
IMPORTS (2022)$652M
NET TRADE (2022)-$599M

In 2022, Canada exported $52.5M in Raw Sugar. The main destinations of Canada exports on Raw Sugar were United States ($45.1M), Mexico ($3.28M), Jamaica ($1.88M), South Korea ($606k), and Bermuda ($458k).

In 2022, Canada imported $652M in Raw Sugar, mainly from Brazil ($500M), Guatemala ($54.2M), El Salvador ($39.3M), United States ($22.8M), and Mexico ($13.3M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Raw Sugar EXPORT MARKETS FOR Canada WERE (2021 - 2022):
Jamaica$284k (17.8%)
South Korea$233k (62.4%)
Barbados$130k (131%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Raw Sugar BY Canada WERE (2021 - 2022):
Mexico-$2.01M (-38%)
United States-$1.48M (-3.17%)
Costa Rica-$610k (-69.7%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Canada's main exporting competitors in Raw Sugar were:
Brazil $11.5B
India $6.03B
Thailand $3.22B
In 2022, Canada's main importing competitors in Raw Sugar were:
Indonesia $2.37B
China $2.25B
United States $1.94B

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Trade Value of Raw Sugar by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $21.2M
TOP IMPORT POTENTIALIndia+ $11.3M

Raw Sugar’s highest export potential is United States. With an export gap of $21.2M.   Raw Sugar’s highest import potential is India with an import gap of $11.3M.

See methodology.

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