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Sugars and sugar confectionery

17 (Harmonized System 1992 for 2-digit)

2022
World Trade $59.9BRnk 56 / 96
2022
Top Exporter | Top Importer $11.7B | $6.03BBrazil | United States
2022
Product Complexity -0.72Rnk 74 / 96
2021 - 2022
Export Growth (CAGR) 17.8%Rnk 13 / 96
2022
Share of World Trade 0.25%Rnk 56 / 96

About

Overview This page contains the latest trade data of Sugars & confectioneries. In 2022, Sugars & confectioneries were the world's 56th most traded product, with a total trade of $59.9B. Between 2021 and 2022 the exports of Sugars & confectioneries grew by 17.8%, from $50.9B to $59.9B. Trade in Sugars & confectioneries represent 0.25% of total world trade.

Sugars & confectioneries are a part of Foodstuffs. They include Raw Sugar, Confectionery Sugar, Other Sugars, and Molasses.

Exports In 2022 the top exporters of Sugars & confectioneries  were Brazil ($11.7B), India ($6.72B), Thailand ($3.94B), Germany ($3.5B), and China ($2.61B).

Imports In 2022 the top importers of Sugars & confectioneries were United States ($6.03B), China ($3.19B), Indonesia ($2.8B), Germany ($1.88B), and United Kingdom ($1.55B).

Ranking Sugars & confectioneries ranks 74th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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Flow
Y-AXIS SCALE

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

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

Explore Latest Trends

* 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)Brazil$11.7B
Top Destination (2022)United States$6.03B

In 2022 Sugars & confectioneries were the world's 56th most traded product (out of 96).

In 2022, the top exporters of Sugars & confectioneries were Brazil ($11.7B), India ($6.72B), Thailand ($3.94B), Germany ($3.5B), and China ($2.61B).

In 2022, the top importers of Sugars & confectioneries were United States ($6.03B), China ($3.19B), Indonesia ($2.8B), Germany ($1.88B), and United Kingdom ($1.55B).

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Exporters of Sugars & confectioneries (2022)
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Importers of Sugars & confectioneries (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)India$2.05B
Top Destination Growth (2021 -  2022)United States$993M

Between 2021 and 2022, the exports of Sugars & confectioneries grew the fastest in India ($2.05B), Thailand ($1.85B), Brazil ($1.8B), China ($678M), and France ($471M).

Between 2021 and 2022, the fastest growing importers of Sugars & confectioneries were United States ($993M), Indonesia ($692M), Turkey ($587M), China ($540M), and Morocco ($269M).

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Exporters of Sugars & confectioneries (2021 - 2022)

Importers of Sugars & confectioneries (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Sugars & confectioneries.

In 2022, market concentration measured using Shannon Entropy, was 4.9. This means that most of the exports of Sugars & confectioneries are explained by 29 countries.

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Value of Exports in Sugars & confectioneries

Net Trade

TOP NET EXPORTER (2022)Brazil$11.6B
TOP NET IMPORTER (2022)United States$3.64B

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

In 2022, the countries that had a largest trade value in exports than in imports of Sugars & confectioneries were Brazil ($11.6B), India ($6.32B), Thailand ($3.58B), Germany ($1.61B), and France ($1.3B).

In 2022, the countries that had a largest trade value in imports than in exports of Sugars & confectioneries were United States ($3.64B), Indonesia ($2.19B), United Kingdom ($1.15B), Sudan ($1.01B), and Bangladesh ($1B).

Net Trade (2022)

Disaggregation

Value
Disaggregation

In 2022, the world most traded Sugars & confectioneries, disaggragated by their HS6 level were Raw Sugar ($34.1B), Confectionery Sugar ($14.6B), Other Sugars ($9.76B), and Molasses ($1.46B)

HS6 Disaggregation for Sugars & confectioneries (2022)
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Country Comparison

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Measure
Ranking

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

Top 10 Exporters Countries of Sugars & confectioneries by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALCanada+ $23M
TOP IMPORT POTENTIALChina+ $21.3M

Sugars & confectioneries’s highest export potential is Canada. With an export gap of $23M.  Sugars & confectioneries’s highest import potential is China with an import gap of $21.3M.

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)

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