Product intelligence · HS 170230 · 2024 data

Sugars: glucose and glucose syrup, not containing fructose or containing in the dry state less than 20% by weight of fructose, the syrup not containing added flavouring or colouring matter

Global exports of sugars: glucose and glucose syrup, not containing fructose or containing in the dry state less than 20% by weight of fructose, the syrup not containing added flavouring or colouring matter totalled $3,473,743,159 in 2024, a -11.3% change from the previous year. Traded by 128 countries across 2,830 bilateral corridors, with demand from 196 importing markets. The long-term trend is rapid growth.

Data: OECD BIMTS · Coverage: 19952024 · Updated: 2026-07-17

Global trade

$3.5B

-11.3% YoY

3Y / 5Y CAGR

+10.3%

5Y: +12.3%

Supply structure

Diversified

HHI 0.105

Volatility

Low

Score 6/100

1.

Market movement

In 2024, sugars: glucose and glucose syrup, not containing fructose or containing in the dry state less than 20% by weight of fructose, the syrup not containing added flavouring or colouring matter trade exhibited significant decline, with global flows reaching $3,473,743,159 and a three-year compound annual growth rate of +10.3% (five-year: +12.3%). The all-time peak of $3,914,850,558 was recorded in 2023; the current level is 11% below that high-water mark.

Over the 30-year observation window (19952024), 69% of years recorded positive growth, indicating a predominantly expanding market. Trend momentum is strengthening (+5.6% acceleration).

The World Trade Flows Characterization classifies sugars: glucose and glucose syrup, not containing fructose or containing in the dry state less than 20% by weight of fructose, the syrup not containing added flavouring or colouring matter as "One-way trade" in the medium price range price segment, providing additional context for market positioning and competitive dynamics.

2.

Supply & demand structure

The supply side is diversified (Herfindahl-Hirschman Index 0.105). The three largest exporters — China ($762.7M), France ($490.8M), and Belgium ($447.3M) — collectively dominate supply flows. The leading exporter has grown at +25.7% over the last three years.

On the demand side, importer concentration is diversified (HHI 0.047). The three largest import markets are Germany ($477.5M), Mexico ($305.0M), and United States ($236.2M). The largest importing market sources from 68 different supplying countries.

Estimated substitution elasticity: -4.92. Buyers have moderate flexibility to shift sourcing, but face some switching costs.

The dominant trade corridor is United States → Mexico at $248.8M, representing 81.6% of the importer's total demand.

3.

Risk profile & trade outlook

The volatility score for sugars: glucose and glucose syrup, not containing fructose or containing in the dry state less than 20% by weight of fructose, the syrup not containing added flavouring or colouring matter is 6 out of 100, classified as low. Trade flows are relatively stable compared to other HS6 products, suggesting mature supply chains and predictable demand.

For market entrants, contracting demand signals caution before committing resources. The diversified supply landscape means many competitors but also multiple entry points and buyer relationships to target.

Data confidence is rated "High" based on reporting coverage and consistency across OECD member and partner countries.

Historical evidence

Annual trade value 19952024

Peak: $3,914,850,558 in 2023. Currently 11% below peak.

YearGlobal trade (USD)YoY growth
2015$1,929,605,962-12.5%
2016$2,012,895,469+4.3%
2017$2,034,987,010+1.1%
2018$2,035,732,074+0.0%
2019$1,942,548,684-4.6%
2020$1,965,984,439+1.2%
2021$2,589,090,322+31.7%
2022$3,380,087,562+30.6%
2023$3,914,850,558+15.8%
2024$3,473,743,159-11.3%

Top exporting countries

Ranked by export value of sugars: glucose and glucose syrup, not containing fructose or containing in the dry state less than 20% by weight of fructose, the syrup not containing added flavouring or colouring matter in 2024.

View all 128 exporters →

Top importing markets

Largest import destinations for sugars: glucose and glucose syrup, not containing fructose or containing in the dry state less than 20% by weight of fructose, the syrup not containing added flavouring or colouring matter.

View all 196 markets →

Leading trade corridors

Largest bilateral export flows for sugars: glucose and glucose syrup, not containing fructose or containing in the dry state less than 20% by weight of fructose, the syrup not containing added flavouring or colouring matter, ranked by value. Click any country to view its full profile.

#ExporterImporterValue 20243Y CAGR
1United StatesMexico$248.8M+23.0%
2FranceGermany$162.5M+11.6%
3BelgiumGermany$147.0M+5.6%
4ChinaIndonesia$108.5M+55.8%
5ChinaPhilippines$107.8M+10.0%
6United StatesCanada$86.8M+1.5%
7ChinaSouth Korea$75.9M+35.6%
8BelgiumNetherlands$73.9M+4.5%

Showing top 8 of 10 corridors with available data for 2024.

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Sources, definitions & methodology

Data source

OECD Bilateral International Merchandise Trade Statistics (BIMTS). Aggregated from 312M+ reported trade records across 200+ countries and 5,300+ HS6 product codes. Coverage: 19952024.

Key indicators

HHI (Herfindahl-Hirschman Index): market concentration, 0 = fully diversified, 1 = single player. CAGR: compound annual growth rate over a stated period. Volatility score: trade value variability, 0–100 scale.

How this page is made

All statistical content on this page is data-driven, composed programmatically from live OECD trade records. No generic AI-generated prose is used. Analytical paragraphs combine real data points with factual interpretation. This page was last refreshed on 2026-07-17.