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Sugars and sugar confectionery

17 (Harmonized System 1992 for 2-digit)

2023
World Trade $70.3BRnk 48 / 96
2023
Top Exporter | Top Importer $16.4B | $6.76BBrazil | United States
2023
Product Complexity -0.71Rnk 73 / 96
2022 - 2023
Export Growth (CAGR) 11.6%Rnk 7 / 96
2023
Share of World Trade 0.31%Rnk 48 / 96

About

Overview This page contains the latest trade data of Sugars & confectioneries. In 2023, Sugars & confectioneries were the world's 48th most traded product, with a total trade of $70.3B. Between 2022 and 2023 the exports of Sugars & confectioneries grew by 11.6%, from $63B to $70.3B. Trade in Sugars & confectioneries represent 0.31% of total world trade.

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

Exports In 2023 the top exporters of Sugars & confectioneries  were Brazil ($16.4B), Thailand ($5B), India ($4.66B), Germany ($3.82B), and France ($3.14B).

Imports In 2023 the top importers of Sugars & confectioneries were United States ($6.76B), China ($3.68B), Indonesia ($3.3B), Germany ($2.56B), and United Kingdom ($2.3B).

Ranking Sugars & confectioneries ranks 73rd 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.

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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$16.4B
Top Destination (2023)United States$6.76B

In 2023 Sugars & confectioneries were the world's 48th most traded product (out of 96).

In 2023, the top exporters of Sugars & confectioneries were Brazil ($16.4B), Thailand ($5B), India ($4.66B), Germany ($3.82B), and France ($3.14B).

In 2023, the top importers of Sugars & confectioneries were United States ($6.76B), China ($3.68B), Indonesia ($3.3B), Germany ($2.56B), and United Kingdom ($2.3B).

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Exporters of Sugars & confectioneries (2023)
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Importers of Sugars & confectioneries (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Brazil$4.28B
Top Destination Growth (2022 -  2023)India$1.07B

Between 2022 and 2023, the exports of Sugars & confectioneries grew the fastest in Brazil ($4.28B), France ($730M), Thailand ($668M), Germany ($525M), and Belgium ($524M).

Between 2022 and 2023, the fastest growing importers of Sugars & confectioneries were India ($1.07B), Italy ($660M), United Kingdom ($639M), Germany ($630M), and Mexico ($563M).

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Exporters of Sugars & confectioneries (2022 - 2023)

Importers of Sugars & confectioneries (2022 - 2023)

Market Concentration

Value

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

In 2023, market concentration measured using Shannon Entropy, was 4.84. This means that most of the exports of Sugars & confectioneries are explained by 28 countries.

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Value of Exports in Sugars & confectioneries

Net Trade

TOP NET EXPORTER (2023)Brazil$16.3B
TOP NET IMPORTER (2023)United States$4.16B

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 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Sugars & confectioneries were Brazil ($16.3B), Thailand ($4.5B), India ($3.19B), France ($1.64B), and Australia ($1.27B).

In 2023, the countries that had a largest trade value in imports than in exports of Sugars & confectioneries were United States ($4.16B), Indonesia ($2.74B), United Kingdom ($1.82B), Italy ($1.45B), and Bangladesh ($1.13B).

Net Trade (2023)

Disaggregation

Value
Disaggregation

In 2023, the world most traded Sugars & confectioneries, disaggragated by their HS6 level were Raw Sugar ($40.6B), Confectionery Sugar ($16.8B), Other Sugars ($11.2B), and Molasses ($1.62B)

HS6 Disaggregation for Sugars & confectioneries (2023)
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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 (2023)

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