HS4 subsector intelligence

Sugars
HS4 1703 trade overview

A focused view of this HS4 subsector: market scale, momentum, leading routes, countries, and the HS6 classifications inside it.

HS4 17031995-2024 coverageStable
The numbers at a glanceLatest reported year · 2024
01

Latest trade

$1.3BGlobal subsector value
02

Annual change

-18.6%Latest year on year
03

Exporters

142Active reporting countries
04

Importers

192Active reporting countries
05

HS6 products

2Classifications inside HS4

The subsector read

$1.3B in trade, with +1.9% annualized growth over three years.

Sugars is recorded across 1,882 active corridors, with 142 exporters and 192 importers.

Annual trend

Subsector momentum over time

Reported global trade from 1995 to 2024. Read the methodology ↗

Annual subsector tradeReported global trade from 1995 to 2024.1995: $702.3M1996: $768.9M1997: $579.4M1998: $489.3M1999: $413.6M2000: $393.2M2001: $565.8M2002: $583.0M2003: $493.5M2004: $594.5M2005: $673.5M2006: $690.3M2007: $697.2M2008: $892.7M2009: $858.4M2010: $871.6M2011: $934.3M2012: $975.9M2013: $1.1B2014: $1.1B2015: $900.6M2016: $943.6M2017: $914.8M2018: $904.3M2019: $1.0B2020: $1.1B2021: $1.2B2022: $1.4B2023: $1.5B2024: $1.3B
Reported global trade by year.

Top trade corridors

Where the subsector moves

Leading exporter-to-importer relationships by latest reported value. See data sources ↗

Latest reported relationshipsTop 10 by trade value
RankExporterImporterTrade valueGrowthHS6DistanceFTA
1IndonesiaIDNPhilippinesPHL$82.0M+21.1%12,782 kmYes
2CanadaCANUSA, Puerto Rico and US Virgin IslandsUSA$36.3M+66.6%2556 kmYes
3IndiaINDBangladeshBGD$33.8M+112.7%21,427 kmYes
4GuatemalaGTMUSA, Puerto Rico and US Virgin IslandsUSA$33.2M-6.4%13,308 kmYes
5BrazilBRAUSA, Puerto Rico and US Virgin IslandsUSA$31.0M+162.3%27,658 kmNo
6AustraliaAUSRepublic of KoreaKOR$27.0M+9.8%18,549 kmYes
7HondurasHNDUSA, Puerto Rico and US Virgin IslandsUSA$25.9M+35.2%13,219 kmYes
8PakistanPAKRepublic of KoreaKOR$24.5M+11,702.9%15,778 kmNo
9AustraliaAUSNew ZealandNZL$23.2M+3%22,632 kmYes
10USA, Puerto Rico and US Virgin IslandsUSAUnited KingdomGBR$22.7M+59.7%25,585 kmNo

Market structure

Where supply and demand concentrate

Exporter and importer rankings show the two sides of the subsector separately. Check coverage ↗

Top exporters2024 ranking
RankCountryExportsPartnersHS6
1IndonesiaIDN$107.0M412
2GuatemalaGTM$93.4M202
3IndiaIND$77.2M542
4PolandPOL$72.8M302
5GermanyDEU$65.8M502
6USA, Puerto Rico and US Virgin IslandsUSA$62.6M832
7PakistanPAK$56.6M242
8EgyptEGY$51.3M462
9AustraliaAUS$50.4M222
10ThailandTHA$44.1M322
Top importers2024 ranking
RankCountryImportsPartnersHS6
1USA, Puerto Rico and US Virgin IslandsUSA$227.3M452
2PhilippinesPHL$155.7M152
3United KingdomGBR$100.1M462
4Republic of KoreaKOR$78.8M202
5Viet NamVNM$45.3M182
6ItalyITA$44.5M452
7IrelandIRL$35.1M382
8BangladeshBGD$34.2M72
9NetherlandsNLD$34.0M692
10ThailandTHA$31.5M172

HS6 product coverage

The products inside HS4 1703

Six-digit classifications make the subsector specific. Browse the product workspace ↗

2 classifications shownSugars
01
Sugars: molasses, from sugar cane, resulting from the extraction or refining of sugarHS6 170310
02
Sugars: molasses, from sugar beet, resulting from the extraction or refining of sugarHS6 170390

Definitions and coverage

Read the numbers with context

Reported observations and calculated indicators should be read with their coverage period. Responsible AI principles ↗

01

Reported values

Trade values describe reported merchandise trade for the HS4 classification, not company-level sales or shipment records.

02

Calculated indicators

Growth, concentration, volatility, and peak comparisons are calculated from reported observations.

03

Missing data

Unavailable observations remain unavailable. They are not filled, interpolated, or presented as forecasts.

Coverage: 1995-2024 · Data refreshed 2026-07-20 09:34:09

Data source

OECD trade statistics with CEPII context

OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-27). OECD BIMTS is the primary trade series for this view. Supporting bilateral trade context uses CEPII BACI bilateral trade flows (202601) under Etalab 2.0 Open Licence. Yugalinks presents derived views of reported observations and calculated indicators. Data terms: OECD Terms & Conditions.