2022
Exports
$103kWorld Rnk 130 / 195
Flag Rnk 216 / 665
2022
PRODUCT COMPLEXITY IN Confectionery Sugar
-0.72Rnk 763 / 1025
2022
Imports
$60.5MWorld Rnk 46 / 224
Flag Rnk 38 / 1063
2022
ECONOMIC COMPLEXITY of Venezuela
-0.87Rnk 107 / 133

About

Exports In 2022, Venezuela exported $103k in Confectionery Sugar, making it the 130th largest exporter of Confectionery Sugar in the world. At the same year, Confectionery Sugar was the 216th most exported product in Venezuela. The main destination of Confectionery Sugar exports from Venezuela are: United States ($46k), Chile ($39.1k), Peru ($10.7k), Canada ($4.23k), and Dominican Republic ($2.66k).

The fastest growing export markets for Confectionery Sugar of Venezuela between 2021 and 2022 were United States ($46k), Peru ($5.23k), and Dominican Republic ($2.66k).

Imports In 2022, Venezuela imported $60.5M in Confectionery Sugar, becoming the 46th largest importer of Confectionery Sugar in the world. At the same year, Confectionery Sugar was the 38th most imported product in Venezuela. Venezuela imports Confectionery Sugar primarily from: Colombia ($48.2M), Brazil ($3.18M), United States ($3.02M), China ($1.25M), and Spain ($1.22M).

The fastest growing import markets in Confectionery Sugar for Venezuela between 2021 and 2022 were Colombia ($27.1M), United States ($2.55M), and China ($1.05M).

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)$103k
IMPORTS (2022)$60.5M
NET TRADE (2022)-$60.4M

In 2022, Venezuela exported $103k in Confectionery Sugar. The main destinations of Venezuela exports on Confectionery Sugar were United States ($46k), Chile ($39.1k), Peru ($10.7k), Canada ($4.23k), and Dominican Republic ($2.66k).

In 2022, Venezuela imported $60.5M in Confectionery Sugar, mainly from Colombia ($48.2M), Brazil ($3.18M), United States ($3.02M), China ($1.25M), and Spain ($1.22M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Confectionery Sugar EXPORT MARKETS FOR Venezuela WERE (2021 - 2022):
United States$46k (1%)
Peru$5.23k (96.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Confectionery Sugar BY Venezuela WERE (2021 - 2022):
Chile-$37.3k (-48.9%)
Canada-$1.11k (-20.7%)
Norway-$609 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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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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