2022
Exports
$590MWorld Rnk 9 / 195
Flag Rnk 145 / 1210
2022
PRODUCT COMPLEXITY IN Confectionery Sugar
-0.72Rnk 763 / 1025
2022
Imports
$553MWorld Rnk 5 / 224
Flag Rnk 208 / 1213
2022
ECONOMIC COMPLEXITY of Canada
0.92Rnk 31 / 133

About

Exports In 2022, Canada exported $590M in Confectionery Sugar, making it the 9th largest exporter of Confectionery Sugar in the world. At the same year, Confectionery Sugar was the 145th most exported product in Canada. The main destination of Confectionery Sugar exports from Canada are: United States ($579M), United Kingdom ($1.39M), Netherlands ($1.37M), China ($1.18M), and Australia ($1.17M).

The fastest growing export markets for Confectionery Sugar of Canada between 2021 and 2022 were United States ($107M), Netherlands ($1.15M), and Mexico ($511k).

Imports In 2022, Canada imported $553M in Confectionery Sugar, becoming the 5th largest importer of Confectionery Sugar in the world. At the same year, Confectionery Sugar was the 208th most imported product in Canada. Canada imports Confectionery Sugar primarily from: United States ($326M), China ($51.9M), Germany ($34.6M), Spain ($25.5M), and Belgium ($12.9M).

The fastest growing import markets in Confectionery Sugar for Canada between 2021 and 2022 were United States ($37.9M), China ($9.96M), and Spain ($6.84M).

COMPANIES In 2023, leading companies such as Walmart (1) were at the forefront of shipping Confectionery Sugar from Canada to the United States.

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)$590M
IMPORTS (2022)$553M
NET TRADE (2022)$37.8M

In 2022, Canada exported $590M in Confectionery Sugar. The main destinations of Canada exports on Confectionery Sugar were United States ($579M), United Kingdom ($1.39M), Netherlands ($1.37M), China ($1.18M), and Australia ($1.17M).

In 2022, Canada imported $553M in Confectionery Sugar, mainly from United States ($326M), China ($51.9M), Germany ($34.6M), Spain ($25.5M), and Belgium ($12.9M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Confectionery Sugar EXPORT MARKETS FOR Canada WERE (2021 - 2022):
United States$107M (22.8%)
Netherlands$1.15M (537%)
Mexico$511k (245%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Confectionery Sugar BY Canada WERE (2021 - 2022):
China-$320k (-21.3%)
Australia-$250k (-17.6%)
Saudi Arabia-$225k (-95.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Canada's main exporting competitors in Confectionery Sugar were:
Germany $1.76B
China $1.38B
Mexico $1.12B
In 2022, Canada's main importing competitors in Confectionery Sugar were:

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Trade Value of Confectionery Sugar by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $73.2M
TOP IMPORT POTENTIALChina+ $11.2M

Confectionery Sugar’s highest export potential is United States. With an export gap of $73.2M.   Confectionery Sugar’s highest import potential is China with an import gap of $11.2M.

See methodology.

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