Raw Sugar in Canada | The Observatory of Economic Complexity

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Exports In 2022, Canada exported $52.5M in Raw Sugar, making it the 53rd largest exporter of Raw Sugar in the world. At the same year, Raw Sugar was the 487th most exported product in Canada. The main destination of Raw Sugar exports from Canada are: United States ($45.1M), Mexico ($3.28M), Jamaica ($1.88M), South Korea ($606k), and Bermuda ($458k).

The fastest growing export markets for Raw Sugar of Canada between 2021 and 2022 were Jamaica ($284k), South Korea ($233k), and Barbados ($130k).

Imports In 2022, Canada imported $652M in Raw Sugar, becoming the 14th largest importer of Raw Sugar in the world. At the same year, Raw Sugar was the 176th most imported product in Canada. Canada imports Raw Sugar primarily from: Brazil ($500M), Guatemala ($54.2M), El Salvador ($39.3M), United States ($22.8M), and Mexico ($13.3M).

The fastest growing import markets in Raw Sugar for Canada between 2021 and 2022 were Brazil ($66M), El Salvador ($39.3M), and Guatemala ($18.1M).

Latest Trends

February 2024

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Overview In February 2024 Canada's Raw Sugar exports accounted up to C$1.74M and imports accounted up to C$71.5M, resulting in a negative trade balance of C$69.7M. Between February 2023 and February 2024 the exports of Canada's Raw Sugar have increased by C$1.12M (178%) from C$627k to C$1.74M, while imports increased by C$50.2M (236%) from C$21.3M to C$71.5M.

Destinations In February 2024, Raw Sugar were exported mostly to United States (C$1.67M), South Korea (C$68.7k), Saint Pierre and Miquelon (C$2.75k), Saint Kitts and Nevis (C$1.72k), and France (C$1.21k), and were imported mostly from Brazil (C$66.1M), United States (C$1.34M), Colombia (C$961k), Thailand (C$916k), and India (C$662k).

Growth In February 2024, the increase in Raw Sugar's year-by-year exports was explained primarily by an increase in exports to Saint Pierre and Miquelon (C$2.12k or 112%). In February 2024, the increase in Raw Sugar's year-by-year imports was explained primarily by an increase in imports from Brazil (C$25.2M or 67.6%), Guatemala (C$7.5M or 49.7%), and Colombia (C$901k or 364%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)C$1.12M(178%)

IMPORT GROWTH (February 2023 - February 2024)C$50.2M(236%)

MAIN EXPORTER (February 2024)AlbertaC$1.63M

MAIN DESTINATION (February 2024)United StatesC$1.67M

This section shows Raw Sugar's exports and imports data at subnational level for Canada. 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 Raw Sugar over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$52.5M

IMPORTS (2022)$652M

NET TRADE (2022)-$599M

In 2022, Canada exported $52.5M in Raw Sugar. The main destinations of Canada exports on Raw Sugar were United States ($45.1M), Mexico ($3.28M), Jamaica ($1.88M), South Korea ($606k), and Bermuda ($458k).

In 2022, Canada imported $652M in Raw Sugar, mainly from Brazil ($500M), Guatemala ($54.2M), El Salvador ($39.3M), United States ($22.8M), and Mexico ($13.3M).

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