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Sugar confectionery (including white chocolate), not containing cocoa

1704 (Harmonized System 1992 for 4-digit)

2022
World Trade $14.6BRnk 290 / 1218
2022
Top Exporter | Top Importer $1.76B | $3.01BGermany | United States
2022
Product Complexity -0.63Rnk 742 / 1033
2021 - 2022
Export Growth (CAGR) 11.6%Rnk 366 / 1218
2022
Share of World Trade 0.062%Rnk 290 / 1218

About

Overview This page contains the latest trade data of Confectionery Sugar. In 2022, Confectionery Sugar were the world's 290th most traded product, with a total trade of $14.6B. Between 2021 and 2022 the exports of Confectionery Sugar grew by 11.6%, from $13.1B to $14.6B. Trade in Confectionery Sugar represent 0.062% of total world trade.

Confectionery Sugar are a part of Sugars & confectioneries. They include Sugar confectionery not chewing gum, no cocoa content and Chewing gum containing sugar, except medicinal.

Exports In 2022 the top exporters of Confectionery Sugar  were Germany ($1.76B), China ($1.38B), Mexico ($1.12B), Spain ($810M), and Turkey ($797M).

Imports In 2022 the top importers of Confectionery Sugar were United States ($3.01B), Germany ($834M), United Kingdom ($736M), Netherlands ($576M), and Canada ($553M).

Ranking Confectionery Sugar ranks 742nd in the Product Complexity Index (PCI).

Description -

Latest Trends

Latest Data

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The following visualization shows the latest trends on Confectionery Sugar. 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)Germany$1.76B
Top Destination (2022)United States$3.01B

In 2022 Confectionery Sugar were the world's 290th most traded product (out of 1,218).

In 2022, the top exporters of Confectionery Sugar were Germany ($1.76B), China ($1.38B), Mexico ($1.12B), Spain ($810M), and Turkey ($797M).

In 2022, the top importers of Confectionery Sugar were United States ($3.01B), Germany ($834M), United Kingdom ($736M), Netherlands ($576M), and Canada ($553M).

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Exporters of Confectionery Sugar (2022)
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Importers of Confectionery Sugar (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$326M
Top Destination Growth (2021 -  2022)United States$541M

Between 2021 and 2022, the exports of Confectionery Sugar grew the fastest in China ($326M), Mexico ($224M), Germany ($174M), Turkey ($163M), and Canada ($109M).

Between 2021 and 2022, the fastest growing importers of Confectionery Sugar were United States ($541M), Canada ($71.7M), Malaysia ($54.3M), United Arab Emirates ($54M), and Poland ($53.2M).

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Exporters of Confectionery Sugar (2021 - 2022)

Importers of Confectionery Sugar (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Confectionery Sugar.

In 2022, market concentration measured using Shannon Entropy, was 5.08. This means that most of the exports of Confectionery Sugar are explained by 33 countries.

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Value of Exports in Confectionery Sugar

Net Trade

TOP NET EXPORTER (2022)China$1.15B
TOP NET IMPORTER (2022)United States$2.37B

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

In 2022, the countries that had a largest trade value in exports than in imports of Confectionery Sugar were China ($1.15B), Mexico ($985M), Germany ($928M), Turkey ($751M), and Spain ($638M).

In 2022, the countries that had a largest trade value in imports than in exports of Confectionery Sugar were United States ($2.37B), United Kingdom ($503M), France ($249M), Australia ($185M), and Saudi Arabia ($149M).

Net Trade (2022)

Disaggregation

Value

In 2022, the world most traded Confectionery Sugar, disaggragated by their HS6 level were Sugar confectionery not chewing gum, no... ($13.6B) and Chewing gum containing sugar, except medicinal ($967M)

HS6 Disaggregation for Confectionery Sugar (2022)
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Country Comparison

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Ranking

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

Top 10 Exporters Countries of Confectionery Sugar by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALCanada+ $11M
TOP IMPORT POTENTIALChina+ $6.55M

Confectionery Sugar’s highest export potential is Canada. With an export gap of $11M.  Confectionery Sugar’s highest import potential is China with an import gap of $6.55M.

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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)

Related Products

This visualization shows products that are likely to be exported by countries that export Confectionery Sugar.

Country by Relatedness

The following visualization shows the relatedness of Confectionery Sugar 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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