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Sugars, chemically pure, other than sucrose, lactose, maltose, glucose and fructose; sugar ethers, sugar acetals and sugar esters, and their salts, other than the products of heading 29.37, 29.38, or 29.39

2940 (Harmonized System 1992 for 4-digit)

2022
World Trade $1.57BRnk 841 / 1218
2022
Top Exporter | Top Importer $258M | $268MChina | United States
2022
Product Complexity 1.22Rnk 100 / 1033
2021 - 2022
Export Growth (CAGR) 6.01%Rnk 568 / 1218
2022
Share of World Trade 0.0066%Rnk 841 / 1218

About

Overview This page contains the latest trade data of Chemically Pure Sugars. In 2022, Chemically Pure Sugars were the world's 841st most traded product, with a total trade of $1.57B. Between 2021 and 2022 the exports of Chemically Pure Sugars grew by 6.01%, from $1.48B to $1.57B. Trade in Chemically Pure Sugars represent 0.0066% of total world trade.

Chemically Pure Sugars are a part of Organic chemicals. They include Sugars, chem pure, their ethers, esters, salts in bul.

Exports In 2022 the top exporters of Chemically Pure Sugars  were China ($258M), Germany ($226M), United States ($189M), France ($137M), and Austria ($124M).

Imports In 2022 the top importers of Chemically Pure Sugars were United States ($268M), Japan ($86M), Netherlands ($82.7M), Germany ($76.1M), and Finland ($74.8M).

Ranking Chemically Pure Sugars ranks 100th in the Product Complexity Index (PCI).

Description -

Latest Trends

Latest Data

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The following visualization shows the latest trends on Chemically Pure Sugars. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

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* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2022)China$258M
Top Destination (2022)United States$268M

In 2022 Chemically Pure Sugars were the world's 841st most traded product (out of 1,218).

In 2022, the top exporters of Chemically Pure Sugars were China ($258M), Germany ($226M), United States ($189M), France ($137M), and Austria ($124M).

In 2022, the top importers of Chemically Pure Sugars were United States ($268M), Japan ($86M), Netherlands ($82.7M), Germany ($76.1M), and Finland ($74.8M).

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Exporters of Chemically Pure Sugars (2022)
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Importers of Chemically Pure Sugars (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Austria$32.6M
Top Destination Growth (2021 -  2022)Finland$28.7M

Between 2021 and 2022, the exports of Chemically Pure Sugars grew the fastest in Austria ($32.6M), Portugal ($31.6M), United States ($27.1M), Italy ($22.1M), and Ireland ($14M).

Between 2021 and 2022, the fastest growing importers of Chemically Pure Sugars were Finland ($28.7M), Netherlands ($17.1M), South Korea ($15.8M), United States ($14.3M), and Ireland ($14.2M).

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Exporters of Chemically Pure Sugars (2021 - 2022)

Importers of Chemically Pure Sugars (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Chemically Pure Sugars.

In 2022, market concentration measured using Shannon Entropy, was 4.02. This means that most of the exports of Chemically Pure Sugars are explained by 16 countries.

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Value of Exports in Chemically Pure Sugars

Net Trade

TOP NET EXPORTER (2022)China$215M
TOP NET IMPORTER (2022)United States$79.2M

This map shows which countries export or import more of Chemically Pure Sugars. Each country is colored based on the difference in exports and imports of Chemically Pure Sugars during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Chemically Pure Sugars were China ($215M), Germany ($150M), Austria ($119M), France ($83.5M), and Denmark ($49.1M).

In 2022, the countries that had a largest trade value in imports than in exports of Chemically Pure Sugars were United States ($79.2M), Finland ($67.7M), South Korea ($51.9M), Switzerland ($47.3M), and Poland ($34.5M).

Net Trade (2022)

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Chemically Pure Sugars.
It is possible to select the main countries that export or import Chemically Pure Sugars in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Chemically Pure Sugars by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALUnited States+ $2.18M
TOP IMPORT POTENTIALGermany+ $700k

Chemically Pure Sugars’s highest export potential is United States. With an export gap of $2.18M.  Chemically Pure Sugars’s highest import potential is Germany with an import gap of $700k.

See methodology.

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Product Complexity

Diversification Frontier

Specialization

The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.

Relatedness vs Country Complexity (2022)

Country by Relatedness

The following visualization shows the relatedness of Chemically Pure Sugars to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Relative Relatedness by Country (2022)

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