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2022
Exports $633MWorld Rnk 8 / 195
Flag Rnk 335 / 1217
2022
Destination $37.9M Canada
2021 - 2022
FASTEST GROWING MARKET $37.9MCanada
2022
PRODUCT COMPLEXITY IN Confectionery Sugar-0.72Rnk 763 / 1025
2022
Imports $3.01BWorld Rnk 1 / 224
Flag Rnk 187 / 1216
2022
Origin $198M Mexico
2021 - 2022
FASTEST GROWING ORIGIN $198MMexico
2022
ECONOMIC COMPLEXITY of United States1.47Rnk 10 / 133

About

Exports In 2022, United States exported $633M in Confectionery Sugar, making it the 8th largest exporter of Confectionery Sugar in the world. At the same year, Confectionery Sugar was the 335th most exported product in United States. The main destination of Confectionery Sugar exports from United States are: Canada ($326M), Mexico ($73.8M), United Kingdom ($29.3M), Australia ($19.2M), and Netherlands ($17.2M).

The fastest growing export markets for Confectionery Sugar of United States between 2021 and 2022 were Canada ($37.9M), Mexico ($19.4M), and Philippines ($5.09M).

Imports In 2022, United States imported $3.01B in Confectionery Sugar, becoming the 1st largest importer of Confectionery Sugar in the world. At the same year, Confectionery Sugar was the 187th most imported product in United States. United States imports Confectionery Sugar primarily from: Mexico ($1.02B), Canada ($579M), Germany ($319M), China ($195M), and Turkey ($174M).

The fastest growing import markets in Confectionery Sugar for United States between 2021 and 2022 were Mexico ($198M), Canada ($107M), and Germany ($52.2M).

COMPANIES In 2023, leading companies such as Storck (3.39k), LG Electronics (61), and Fetzer Vineyards (44) were at the forefront of shipping Confectionery Sugar to the United States.

Latest Trends

June 2024

About

Overview In June 2024 United States' Confectionery Sugar exports accounted up to $63.3M and imports accounted up to $268M, resulting in a negative trade balance of $205M. Between June 2023 and June 2024 the exports of United States'   Confectionery Sugar have increased by $2.24M (3.67%) from $61.1M to $63.3M, while imports increased by $3.31M (1.25%) from $265M to $268M.

Destinations In June 2024, Confectionery Sugar were exported mostly to Canada ($32.8M), Mexico ($9.03M), United Kingdom ($3.94M), Netherlands ($3.09M), and Australia ($2.29M), and were imported mostly from Mexico ($105M), Canada ($49.9M), Germany ($22.4M), Turkey ($17.6M), and Spain ($12.9M).

Growth In June 2024, the increase in Confectionery Sugar's year-by-year exports was explained primarily by an increase in exports to Canada ($10.3M or 49.9%), Mexico ($1.38M or 28.9%), and Panama ($883k or 305%). In June 2024, the increase in Confectionery Sugar's year-by-year imports was explained primarily by an increase in imports from Mexico ($17.9M or 24.1%), Germany ($12.4M or 100%), and Turkey ($10.5M or 98.2%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)$2.24M(3.67%)
IMPORT GROWTH (June 2023 - June 2024)$3.31M(1.25%)
MAIN EXPORTER (June 2024)Pennsylvania$14.1M
MAIN DESTINATION (June 2024)Canada$32.8M

This section shows Confectionery Sugar's exports and imports data at subnational level for United States. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Confectionery Sugar over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$633M
IMPORTS (2022)$3.01B
NET TRADE (2022)-$2.37B

In 2022, United States exported $633M in Confectionery Sugar. The main destinations of United States exports on Confectionery Sugar were Canada ($326M), Mexico ($73.8M), United Kingdom ($29.3M), Australia ($19.2M), and Netherlands ($17.2M).

In 2022, United States imported $3.01B in Confectionery Sugar, mainly from Mexico ($1.02B), Canada ($579M), Germany ($319M), China ($195M), and Turkey ($174M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Confectionery Sugar EXPORT MARKETS FOR United States WERE (2021 - 2022):
Canada$37.9M (13.1%)
Mexico$19.4M (35.6%)
Philippines$5.09M (178%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Confectionery Sugar BY United States WERE (2021 - 2022):
United Kingdom-$6.26M (-17.6%)
Germany-$1.05M (-30.9%)
South Korea-$1.03M (-8.35%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Confectionery Sugar by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited Kingdom+ $8.27M
TOP IMPORT POTENTIALCanada+ $73.2M

Confectionery Sugar’s highest export potential is United Kingdom. With an export gap of $8.27M.   Confectionery Sugar’s highest import potential is Canada with an import gap of $73.2M.

See methodology.

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