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2023
Exports $151MWorld Rnk 32 / 186
Flag Rnk 811 / 1215
2023
Destination $41.2M North Korea
2022 - 2023
FASTEST GROWING MARKET $41.2MNorth Korea
2023
PRODUCT COMPLEXITY IN Raw Sugar-1.88Rnk 988 / 1025
2023
Imports $2.24BWorld Rnk 3 / 225
Flag Rnk 134 / 1214
2023
Origin $164M Brazil
2022 - 2023
FASTEST GROWING ORIGIN $164MBrazil
2023
ECONOMIC COMPLEXITY of China1.16Rnk 21 / 132

About

Exports In 2023, China exported $151M in Raw Sugar, making it the 32nd largest exporter of Raw Sugar in the world. At the same year, Raw Sugar was the 811th most exported product in China. The main destination of Raw Sugar exports from China are: North Korea ($69.3M), Mongolia ($21.6M), Hong Kong ($20.5M), Thailand ($6.62M), and United States ($6M).

The fastest growing export markets for Raw Sugar of China between 2022 and 2023 were North Korea ($41.2M), Mongolia ($21.1M), and Thailand ($6.59M).

Imports In 2023, China imported $2.24B in Raw Sugar, becoming the 3rd largest importer of Raw Sugar in the world. At the same year, Raw Sugar was the 134th most imported product in China. China imports Raw Sugar primarily from: Brazil ($1.89B), South Korea ($115M), India ($80.6M), Thailand ($79.4M), and Pakistan ($17.9M).

The fastest growing import markets in Raw Sugar for China between 2022 and 2023 were Brazil ($164M), South Korea ($23.8M), and Pakistan ($17.3M).

COMPANIES In 2024, leading companies such as Electrolux (12), IKEA Group (7), and BSH Home Appliances (5) were at the forefront of shipping Raw Sugar from China to the United States.

Latest Trends

December 2024

About

Overview In December 2024 China's Raw Sugar exports accounted up to $11.1M and imports accounted up to $216M, resulting in a negative trade balance of $205M. Between December 2023 and December 2024 the exports of China's   Raw Sugar have decreased by $-3.92M (-26.1%) from $15M to $11.1M, while imports decreased by $-98.9M (-31.4%) from $315M to $216M.

Destinations In December 2024, Raw Sugar were exported mostly to North Korea ($3.87M), Hong Kong ($1.93M), Philippines ($1.52M), Thailand ($1.5M), and United States ($426k), and were imported mostly from Brazil ($175M), South Korea ($17.1M), Thailand ($10.5M), Malaysia ($4.76M), and United Arab Emirates ($2.24M).

Growth In December 2024, the decrease in Raw Sugar's year-by-year exports was explained primarily by a decrease in exports to North Korea ($-1.53M or -14.4%), Russia ($-56.3k or -96.8%), and United Arab Emirates ($-31.3k or -36.6%). In December 2024, the decrease in Raw Sugar's year-by-year imports was explained primarily by a decrease in imports from India ($-28M or -97.2%), Guatemala ($-23M or -99%), and South Korea ($-4.2M or -33.2%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2023 - December 2024)$-3.92M(-26.1%)
IMPORT GROWTH (December 2023 - December 2024)$-98.9M(-31.4%)
MAIN EXPORTER (December 2024)Liaoning Province$9.19M
MAIN DESTINATION (December 2024)North Korea$3.87M

This section shows Raw 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 Raw Sugar over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$151M
IMPORTS (2023)$2.24B
NET TRADE (2023)-$2.09B

In 2023, China exported $151M in Raw Sugar. The main destinations of China exports on Raw Sugar were North Korea ($69.3M), Mongolia ($21.6M), Hong Kong ($20.5M), Thailand ($6.62M), and United States ($6M).

In 2023, China imported $2.24B in Raw Sugar, mainly from Brazil ($1.89B), South Korea ($115M), India ($80.6M), Thailand ($79.4M), and Pakistan ($17.9M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Raw Sugar EXPORT MARKETS FOR China WERE (2022 - 2023):
North Korea$41.2M (147%)
Mongolia$21.1M (4.14k%)
Thailand$6.59M (21k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Raw Sugar BY China WERE (2022 - 2023):
Kazakhstan-$6.28M (-96.9%)
United States-$4.07M (-40.4%)
Uzbekistan-$3.86M (-99%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, China's main exporting competitors in Raw Sugar were:
Brazil $16.2B
India $3.97B
Thailand $3.81B
In 2023, China's main importing competitors in Raw Sugar were:
Indonesia $2.85B
United States $2.4B

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Trade Value of Raw Sugar by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $9.43M
TOP IMPORT POTENTIALIndia+ $229M

Raw Sugar’s highest export potential is United States. With an export gap of $9.43M.   Raw Sugar’s highest import potential is India with an import gap of $229M.

See methodology.

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