2023
Exports
$471MWorld Rnk 13 / 186
Flag Rnk 14 / 1150
2023
PRODUCT COMPLEXITY IN Raw Sugar
-1.88Rnk 988 / 1025
2023
Imports
$160MWorld Rnk 64 / 225
Flag Rnk 78 / 1192
2023
ECONOMIC COMPLEXITY of Colombia
0.23Rnk 51 / 132

About

Exports In 2023, Colombia exported $471M in Raw Sugar, making it the 13th largest exporter of Raw Sugar in the world. At the same year, Raw Sugar was the 14th most exported product in Colombia. The main destination of Raw Sugar exports from Colombia are: United States ($133M), Chile ($86.8M), Ecuador ($48.3M), Haiti ($37.1M), and Peru ($28.3M).

The fastest growing export markets for Raw Sugar of Colombia between 2022 and 2023 were United States ($31.7M), Ecuador ($23.7M), and Chile ($11.8M).

Imports In 2023, Colombia imported $160M in Raw Sugar, becoming the 64th largest importer of Raw Sugar in the world. At the same year, Raw Sugar was the 78th most imported product in Colombia. Colombia imports Raw Sugar primarily from: Brazil ($110M), India ($15.3M), Guatemala ($11.7M), Bolivia ($10.4M), and Peru ($6.7M).

The fastest growing import markets in Raw Sugar for Colombia between 2022 and 2023 were Brazil ($90.9M), India ($15.3M), and Nicaragua ($529k).

Latest Trends

Dec 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 (2023)$471M
IMPORTS (2023)$160M
NET TRADE (2023)$310M

In 2023, Colombia exported $471M in Raw Sugar. The main destinations of Colombia exports on Raw Sugar were United States ($133M), Chile ($86.8M), Ecuador ($48.3M), Haiti ($37.1M), and Peru ($28.3M).

In 2023, Colombia imported $160M in Raw Sugar, mainly from Brazil ($110M), India ($15.3M), Guatemala ($11.7M), Bolivia ($10.4M), and Peru ($6.7M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Raw Sugar EXPORT MARKETS FOR Colombia WERE (2022 - 2023):
United States$31.7M (31.2%)
Ecuador$23.7M (96.1%)
Chile$11.8M (15.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Raw Sugar BY Colombia WERE (2022 - 2023):
Cote d'Ivoire-$11.9M (-100%)
Trinidad and Tobago-$3.74M (-39.9%)
Netherlands-$3.01M (-38.9%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Colombia's main exporting competitors in Raw Sugar were:
Brazil $16.2B
India $3.97B
In 2023, Colombia'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+ $21.6M
TOP IMPORT POTENTIALBrazil+ $23.6M

Raw Sugar’s highest export potential is United States. With an export gap of $21.6M.   Raw Sugar’s highest import potential is Brazil with an import gap of $23.6M.

See methodology.

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