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2022
Exports $11.7BWorld Rnk 1 / 201
Flag Rnk 9 / 96
2022
Destination $278M China
2021 - 2022
FASTEST GROWING MARKET $278MChina
2022
PRODUCT COMPLEXITY IN Sugars & confectioneries-0.11Rnk 587 / 1025
2022
Imports $124MWorld Rnk 91 / 224
Flag Rnk 76 / 96
2022
Origin $17M China
2021 - 2022
FASTEST GROWING ORIGIN $17MChina
2022
ECONOMIC COMPLEXITY of Brazil0.36Rnk 49 / 133

About

Exports In 2022, Brazil exported $11.7B in Sugars & confectioneries, making it the 1st largest exporter of Sugars & confectioneries in the world. At the same year, Sugars & confectioneries was the 9th most exported product in Brazil. The main destination of Sugars & confectioneries exports from Brazil are: China ($1.7B), Algeria ($773M), Nigeria ($642M), Morocco ($639M), and Canada ($509M).

The fastest growing export markets for Sugars & confectioneries of Brazil between 2021 and 2022 were China ($278M), Morocco ($232M), and United Arab Emirates ($186M).

Imports In 2022, Brazil imported $124M in Sugars & confectioneries, becoming the 91st largest importer of Sugars & confectioneries in the world. At the same year, Sugars & confectioneries was the 76th most imported product in Brazil. Brazil imports Sugars & confectioneries primarily from: China ($29.2M), United States ($20.3M), Netherlands ($10.2M), Germany ($8.57M), and Ecuador ($7.96M).

The fastest growing import markets in Sugars & confectioneries for Brazil between 2021 and 2022 were China ($17M), United States ($5.45M), and Argentina ($3.24M).

COMPANIES In 2023, leading companies such as Bridgestone Tires (26), Fetzer Vineyards (13), and Robert Bosch (7) were at the forefront of shipping Sugars & confectioneries from Brazil to the United States.

Latest Trends

July 2024

About

Overview In July 2024 Brazil's Sugars & confectioneries exports accounted up to $1.75B and imports accounted up to $11.9M, resulting in a positive trade balance of $1.73B. Between July 2023 and July 2024 the exports of Brazil's   Sugars & confectioneries have increased by $236M (15.7%) from $1.51B to $1.75B, while imports increased by $1.85M (18.4%) from $10M to $11.9M.

Destinations In July 2024, Sugars & confectioneries were exported mostly to China ($254M), India ($168M), United Arab Emirates ($105M), Indonesia ($99.5M), and Algeria ($90.4M), and were imported mostly from China ($3M), United States ($2.06M), Netherlands ($837k), Argentina ($771k), and Germany ($661k).

Growth In July 2024, the increase in Sugars & confectioneries's year-by-year exports was explained primarily by an increase in exports to Yemen ($41.7M or 5.8k%), Nigeria ($37M or 76.4%), and China ($37M or 144%). In July 2024, the increase in Sugars & confectioneries's year-by-year imports was explained primarily by an increase in imports from United States ($1.27M or 107%), New Zealand ($1M or 378%), and France ($314k or 271%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$236M(15.7%)
IMPORT GROWTH (July 2023 - July 2024)$1.85M(18.4%)
MAIN EXPORTER (July 2024)São Paulo$1.09B
MAIN DESTINATION (July 2024)China$254M

This section shows Sugars & confectioneries's exports and imports data at subnational level for Brazil. 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 Sugars & confectioneries over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$11.7B
IMPORTS (2022)$124M
NET TRADE (2022)$11.6B

In 2022, Brazil exported $11.7B in Sugars & confectioneries. The main destinations of Brazil exports on Sugars & confectioneries were China ($1.7B), Algeria ($773M), Nigeria ($642M), Morocco ($639M), and Canada ($509M).

In 2022, Brazil imported $124M in Sugars & confectioneries, mainly from China ($29.2M), United States ($20.3M), Netherlands ($10.2M), Germany ($8.57M), and Ecuador ($7.96M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Sugars & confectioneries EXPORT MARKETS FOR Brazil WERE (2021 - 2022):
China$278M (19.6%)
Morocco$232M (57.1%)
United Arab Emirates$186M (71.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Sugars & confectioneries BY Brazil WERE (2021 - 2022):
Bangladesh-$122M (-21.2%)
Saudi Arabia-$115M (-21.6%)
Ukraine-$59.7M (-99%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Brazil's main exporting competitors in Sugars & confectioneries were:
India $6.72B
Thailand $3.94B
In 2022, Brazil's main importing competitors in Sugars & confectioneries were:
United States $6.03B
China $3.19B
Indonesia $2.8B

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Trade Value of Sugars & confectioneries by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $159M
TOP IMPORT POTENTIALChina+ $7.63M

Sugars & confectioneries’s highest export potential is United States. With an export gap of $159M.   Sugars & confectioneries’s highest import potential is China with an import gap of $7.63M.

See methodology.

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