Product intelligence · HS 170240 · 2024 data

Sugars: glucose and glucose syrup, containing in the dry state at least 20% but less than 50% by weight of fructose, excluding invert sugar, the syrup not containing added flavouring or colouring matter

Global exports of sugars: glucose and glucose syrup, containing in the dry state at least 20% but less than 50% by weight of fructose, excluding invert sugar, the syrup not containing added flavouring or colouring matter totalled $287,347,927 in 2024, a -22.1% change from the previous year. Traded by 100 countries across 1,296 bilateral corridors, with demand from 180 importing markets. The long-term trend is growing.

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

Global trade

$287.3M

-22.1% YoY

3Y / 5Y CAGR

+6.2%

5Y: +5.0%

Supply structure

Diversified

HHI 0.095

Volatility

Low

Score 12/100

1.

Market movement

In 2024, sugars: glucose and glucose syrup, containing in the dry state at least 20% but less than 50% by weight of fructose, excluding invert sugar, the syrup not containing added flavouring or colouring matter trade exhibited significant decline, with global flows reaching $287,347,927 and a three-year compound annual growth rate of +6.2% (five-year: +5.0%). The all-time peak of $490,701,142 was recorded in 2012; the current level is 41% below that high-water mark.

Over the 30-year observation window (19952024), 62% of years recorded positive growth, indicating a mildly upward trajectory with periodic contractions. Trend momentum is strengthening (+8.9% acceleration).

The World Trade Flows Characterization classifies sugars: glucose and glucose syrup, containing in the dry state at least 20% but less than 50% by weight of fructose, excluding invert sugar, the syrup not containing added flavouring or colouring matter as "One-way trade" in the low 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 0.095). The three largest exporters — Hungary ($55.2M), United States ($43.8M), and Belgium ($30.0M) — collectively dominate supply flows. The leading exporter has grown at +10.7% over the last three years.

On the demand side, importer concentration is diversified (HHI 0.063). The three largest import markets are Germany ($43.8M), Mexico ($29.4M), and Czechia ($23.6M). The largest importing market sources from 52 different supplying countries.

Estimated substitution elasticity: -3.60. Buyers have moderate flexibility to shift sourcing, but face some switching costs.

The dominant trade corridor is United States → Mexico at $29.3M, representing 99.8% of the importer's total demand.

3.

Risk profile & trade outlook

The volatility score for sugars: glucose and glucose syrup, containing in the dry state at least 20% but less than 50% by weight of fructose, excluding invert sugar, the syrup not containing added flavouring or colouring matter is 12 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: $490,701,142 in 2012. Currently 41% below peak.

YearGlobal trade (USD)YoY growth
2015$274,562,707-27.3%
2016$269,213,446-1.9%
2017$277,433,481+3.1%
2018$246,482,710-11.2%
2019$224,820,921-8.8%
2020$206,184,123-8.3%
2021$239,716,218+16.3%
2022$293,312,297+22.4%
2023$369,084,515+25.8%
2024$287,347,927-22.1%

Top exporting countries

Ranked by export value of sugars: glucose and glucose syrup, containing in the dry state at least 20% but less than 50% by weight of fructose, excluding invert sugar, the syrup not containing added flavouring or colouring matter in 2024.

View all 100 exporters →

Top importing markets

Largest import destinations for sugars: glucose and glucose syrup, containing in the dry state at least 20% but less than 50% by weight of fructose, excluding invert sugar, the syrup not containing added flavouring or colouring matter.

View all 180 markets →

Leading trade corridors

Largest bilateral export flows for sugars: glucose and glucose syrup, containing in the dry state at least 20% but less than 50% by weight of fructose, excluding invert sugar, 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$29.3M+18.4%
2CanadaUnited States$16.6M+8.2%
3HungaryGermany$13.7M+12.8%
4ChinaPhilippines$12.0M+150.8%
5SlovakiaCzechia$9.3M-3.9%
6BelgiumNetherlands$9.1M+27.4%
7BelgiumGermany$8.8M+9.1%
8SlovakiaGermany$7.5M+83.3%

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.