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2022
Exports $554World Rnk 177 / 195
Flag Rnk 353 / 501
2022
Destination $425 Maldives
2021 - 2022
FASTEST GROWING MARKET $425Maldives
2022
PRODUCT COMPLEXITY IN Confectionery Sugar-0.72Rnk 763 / 1025
2022
Imports $1.59MWorld Rnk 176 / 224
Flag Rnk 120 / 1093
2022
Origin $291k United States
2021 - 2022
FASTEST GROWING ORIGIN $291kUnited States

About

Exports In 2022, Bermuda exported $554 in Confectionery Sugar, making it the 177th largest exporter of Confectionery Sugar in the world. At the same year, Confectionery Sugar was the 353rd most exported product in Bermuda. The main destination of Confectionery Sugar exports from Bermuda are: Maldives ($425), United States ($88), Portugal ($36), and Canada ($5).

The fastest growing export markets for Confectionery Sugar of Bermuda between 2021 and 2022 were Maldives ($425), Portugal ($36), and United States ($21).

Imports In 2022, Bermuda imported $1.59M in Confectionery Sugar, becoming the 176th largest importer of Confectionery Sugar in the world. At the same year, Confectionery Sugar was the 120th most imported product in Bermuda. Bermuda imports Confectionery Sugar primarily from: United States ($1.29M), United Kingdom ($232k), Canada ($19.7k), Netherlands ($15.7k), and Panama ($10.7k).

The fastest growing import markets in Confectionery Sugar for Bermuda between 2021 and 2022 were United States ($291k), United Kingdom ($78.5k), and Panama ($10.7k).

Latest Trends

Jul 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

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

The following visualization shows the latest trends on Confectionery Sugar. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$554
IMPORTS (2022)$1.59M
NET TRADE (2022)-$1.59M

In 2022, Bermuda exported $554 in Confectionery Sugar. The main destinations of Bermuda exports on Confectionery Sugar were Maldives ($425), United States ($88), Portugal ($36), and Canada ($5).

In 2022, Bermuda imported $1.59M in Confectionery Sugar, mainly from United States ($1.29M), United Kingdom ($232k), Canada ($19.7k), Netherlands ($15.7k), and Panama ($10.7k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Confectionery Sugar EXPORT MARKETS FOR Bermuda WERE (2021 - 2022):
Maldives$425 (1%)
Portugal$36 (1%)
United States$21 (31.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Confectionery Sugar BY Bermuda WERE (2021 - 2022):
United Kingdom-$1.01k (-100%)
Canada-$46 (-90.2%)
South Korea-$23 (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Bermuda's main exporting competitors in Confectionery Sugar were:
Germany $1.76B
China $1.38B
Mexico $1.12B
In 2022, Bermuda's main importing competitors in Confectionery Sugar were:
United States $3.01B
Germany $834M
United Kingdom $736M

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Trade Value of Confectionery Sugar by Exporters

Potential Exports

Potential Exports

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N/A
N/AN/A
N/AN/A

Confectionery Sugar’s highest export potential is N/A. With an export gap of N/A.   Confectionery Sugar’s highest import potential is N/A with an import gap of N/A.

See methodology.

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