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Pricing

Cane or beet sugar and chemically pure sucrose, in solid form

1701 (Harmonized System 1992 for 4-digit)

2023
World Trade $40.6BRnk 107 / 1217
2023
Top Exporter | Top Importer $16.2B | $2.85BBrazil | Indonesia
2023
Product Complexity -1.68Rnk 986 / 1044
2022 - 2023
Export Growth (CAGR) 10.7%Rnk 146 / 1217
2023
Share of World Trade 0.18%Rnk 107 / 1217

About

Overview This page contains the latest trade data of Raw Sugar. In 2023, Raw Sugar were the world's 107th most traded product, with a total trade of $40.6B. Between 2022 and 2023 the exports of Raw Sugar grew by 10.7%, from $36.7B to $40.6B. Trade in Raw Sugar represent 0.18% of total world trade.

Raw Sugar are a part of Sugars & confectioneries. They include Raw sugar, cane, Refined sugar, in solid form, nes, pure sucrose, Raw sugar, beet, and Refined sugar, in solid form, flavoured or coloured.

Exports In 2023 the top exporters of Raw Sugar  were Brazil ($16.2B), India ($3.97B), Thailand ($3.81B), France ($1.64B), and Australia ($1.49B).

Imports In 2023 the top importers of Raw Sugar were Indonesia ($2.85B), United States ($2.4B), China ($2.24B), Italy ($1.45B), and India ($1.27B).

Ranking Raw Sugar ranks 986th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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The following visualization shows the latest trends on Raw 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 (2023)Brazil$16.2B
Top Destination (2023)Indonesia$2.85B

In 2023 Raw Sugar were the world's 107th most traded product (out of 1,217).

In 2023, the top exporters of Raw Sugar were Brazil ($16.2B), India ($3.97B), Thailand ($3.81B), France ($1.64B), and Australia ($1.49B).

In 2023, the top importers of Raw Sugar were Indonesia ($2.85B), United States ($2.4B), China ($2.24B), Italy ($1.45B), and India ($1.27B).

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Exporters of Raw Sugar (2023)
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Importers of Raw Sugar (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Brazil$4.28B
Top Destination Growth (2022 -  2023)India$1.03B

Between 2022 and 2023, the exports of Raw Sugar grew the fastest in Brazil ($4.28B), France ($427M), Thailand ($280M), Ukraine ($278M), and Russia ($261M).

Between 2022 and 2023, the fastest growing importers of Raw Sugar were India ($1.03B), Italy ($530M), Mexico ($422M), Spain ($415M), and United Kingdom ($346M).

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Exporters of Raw Sugar (2022 - 2023)

Importers of Raw Sugar (2022 - 2023)

Market Concentration

Value

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

In 2023, market concentration measured using Shannon Entropy, was 3.92. This means that most of the exports of Raw Sugar are explained by 15 countries.

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Value of Exports in Raw Sugar

Net Trade

TOP NET EXPORTER (2023)Brazil$16.1B
TOP NET IMPORTER (2023)Indonesia$2.72B

This map shows which countries export or import more of Raw Sugar. Each country is colored based on the difference in exports and imports of Raw Sugar during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Raw Sugar were Brazil ($16.1B), Thailand ($3.63B), India ($2.7B), Australia ($1.48B), and France ($1.31B).

In 2023, the countries that had a largest trade value in imports than in exports of Raw Sugar were Indonesia ($2.72B), United States ($2.17B), China ($2.09B), Italy ($1.42B), and Spain ($1.16B).

Net Trade (2023)

Disaggregation

Value

In 2023, the world most traded Raw Sugar, disaggragated by their HS6 level were Raw sugar, cane ($21.7B), Refined sugar, in solid form, nes,... ($18.4B), Refined sugar, in solid form, flavoured... ($284M), and Raw sugar, beet ($191M)

HS6 Disaggregation for Raw Sugar (2023)
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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 Raw Sugar.
It is possible to select the main countries that export or import Raw Sugar in the world, or by continent, as well as select the measure of interest.

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

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALUnited States+ $135M
TOP IMPORT POTENTIALGermany+ $354k

Raw Sugar’s highest export potential is United States. With an export gap of $135M.  Raw Sugar’s highest import potential is Germany with an import gap of $354k.

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 (2023)

Related Products

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

Country by Relatedness

The following visualization shows the relatedness of Raw 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 (2023)

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