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Sugar: top exporters and importers (2024)

In 2024, world trade in sugar totaled $41.7 billion (69.2 million tonnes). The top exporters were Brazil (47%), Thailand (6%) and India (5%); the top importers were Indonesia (7%), the United States (6%) and China (4%). Compared with 2019, the value rose 79%.

Summary

World trade
$41.7billion
Tonnes
69.2million tonnes
Price per tonne
$602
The largest flows between countries. Width: value; color: estimated transport mode.SeaAirLand

Top exporters

  1. Brazil$19.7 billion · 47.3%
    see destinations
  2. Thailand$2.6 billion · 6.2%
    see destinations
  3. India$2.1 billion · 4.9%
    see destinations
  4. France$1.7 billion · 4%
    see destinations
  5. Australia$1.6 billion · 4%
    see destinations
  6. Germany$1.3 billion · 3.1%
  7. Guatemala$805 million · 1.9%
  8. Morocco$733 million · 1.8%
  9. Saudi Arabia$590 million · 1.4%
  10. Russia$548 million · 1.3%
  11. Poland$529 million · 1.3%
  12. South Africa$520 million · 1.3%
  13. Netherlands$494 million · 1.2%
    re-exports
  14. Ukraine$448 million · 1.1%
  15. Colombia$439 million · 1.1%
  16. Mexico$433 million · 1%
  17. Belgium$371 million · 0.89%
    re-exports
  18. United States$362 million · 0.87%
  19. Eswatini$342 million · 0.82%
  20. Egypt$313 million · 0.75%

Top importers

  1. Indonesia$2.9 billion · 6.9%
    see sources
  2. United States$2.4 billion · 5.8%
    see sources
  3. China$1.8 billion · 4.4%
    see sources
  4. India$1.7 billion · 4.1%
    see sources
  5. United Arab Emirates$1.3 billion · 3.1%
  6. Malaysia$1.2 billion · 2.9%
  7. Morocco$1.2 billion · 2.8%
  8. Italy$1.2 billion · 2.8%
  9. Algeria$1.1 billion · 2.5%
  10. Saudi Arabia$983 million · 2.4%
  11. Egypt$978 million · 2.4%
  12. South Korea$951 million · 2.3%
  13. Bangladesh$870 million · 2.1%
  14. Canada$847 million · 2%
  15. Spain$810 million · 1.9%
  16. Japan$740 million · 1.8%
  17. Iraq$738 million · 1.8%
  18. Nigeria$707 million · 1.7%
  19. Belgium$568 million · 1.4%
    re-exports
  20. United Kingdom$550 million · 1.3%

Trend

Who sells it

Brazil was the top exporter throughout the period

Value in USD billions. The five largest exporters in 2024.

  • Brazil 19.7
  • Thailand 2.6
  • India 2.1
  • France 1.7
  • Australia 1.6

Source: CEPII BACI

Show the numbers
Country19952024
Brazil219.7
Thailand1.22.6
India0.132.1
France1.61.7
Australia1.21.6

Price

Implied price

The price per tonne rose 51% since 1995

Current US dollars per tonne: value over the weight reported by BACI.

  • 2024: $602

Source: CEPII BACI

Show the numbers
YearUSD per tonne
1995$399
1996$361
1997$364
1998$331
1999$154
2000$257
2001$295
2002$257
2003$279
2004$284
2005$339
2006$430
2007$399
2008$440
2009$462
2010$533
2011$694
2012$644
2013$560
2014$510
2015$403
2016$474
2017$492
2018$413
2019$368
2020$376
2021$455
2022$520
2023$622
2024$602

What it includes

Cane and beet sugar, raw and refined.

  • 1701 · Cane and beet sugar

Products in the same chapter

Sources and methodology

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), which reconciles what exporters and importers report: countries that stopped reporting (Russia since 2022) appear with their partners’ data. FOB values in current US dollars; tonnes when BACI reports them. The price per tonne is the value of the rows with a weight divided by that weight. The transport mode is our own estimate based on value per kilo and geography. Data up to 2024.

Hong Kong, Singapore, the Netherlands and Belgium re-export goods from other countries: their figures include transit.

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