# Sugars (HS4 1703) Trade Overview | Yugalinks

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Sugars at HS4 1703, with reported global trade through 2024.

Canonical: https://www.yugalinks.com/trade/sector/hs4/1703

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## Answer

The sugars subsector recorded $1.3B in reported global trade in 2024, with -18.6% annual change.

## Key figures

| Measure | Value |
| --- | --- |
| Latest reported trade | $1.3B |
| Latest annual change | -18.6% |
| Active exporters | 142 |
| Active importers | 192 |
| Active HS6 products | 2 |

## Annual trend

| Year | Global trade | Corridors | HS6 products |
| --- | ---: | ---: | ---: |
| 1995 | $702.3M | 954 | 2 |
| 1996 | $768.9M | 905 | 2 |
| 1997 | $579.4M | 979 | 2 |
| 1998 | $489.3M | 931 | 2 |
| 1999 | $413.6M | 991 | 2 |
| 2000 | $393.2M | 1,098 | 2 |
| 2001 | $565.8M | 1,089 | 2 |
| 2002 | $583.0M | 1,058 | 2 |
| 2003 | $493.5M | 1,081 | 2 |
| 2004 | $594.5M | 1,181 | 2 |
| 2005 | $673.5M | 1,169 | 2 |
| 2006 | $690.3M | 1,196 | 2 |
| 2007 | $697.2M | 1,262 | 2 |
| 2008 | $892.7M | 1,350 | 2 |
| 2009 | $858.4M | 1,372 | 2 |
| 2010 | $871.6M | 1,343 | 2 |
| 2011 | $934.3M | 1,388 | 2 |
| 2012 | $975.9M | 1,442 | 2 |
| 2013 | $1.1B | 1,442 | 2 |
| 2014 | $1.1B | 1,587 | 2 |
| 2015 | $900.6M | 1,690 | 2 |
| 2016 | $943.6M | 1,691 | 2 |
| 2017 | $914.8M | 1,869 | 2 |
| 2018 | $904.3M | 1,789 | 2 |
| 2019 | $1.0B | 1,746 | 2 |
| 2020 | $1.1B | 1,890 | 2 |
| 2021 | $1.2B | 1,903 | 2 |
| 2022 | $1.4B | 1,902 | 2 |
| 2023 | $1.5B | 1,846 | 2 |
| 2024 | $1.3B | 1,882 | 2 |

## Leading corridors

- Indonesia to Philippines: $82.0M; growth +21.1%.
- Canada to USA, Puerto Rico and US Virgin Islands: $36.3M; growth +66.6%.
- India to Bangladesh: $33.8M; growth +112.7%.
- Guatemala to USA, Puerto Rico and US Virgin Islands: $33.2M; growth -6.4%.
- Brazil to USA, Puerto Rico and US Virgin Islands: $31.0M; growth +162.3%.
- Australia to Republic of Korea: $27.0M; growth +9.8%.
- Honduras to USA, Puerto Rico and US Virgin Islands: $25.9M; growth +35.2%.
- Pakistan to Republic of Korea: $24.5M; growth +11,702.9%.
- Australia to New Zealand: $23.2M; growth +3%.
- USA, Puerto Rico and US Virgin Islands to United Kingdom: $22.7M; growth +59.7%.

## HS6 products

- Sugars: molasses, from sugar cane, resulting from the extraction or refining of sugar (HS6 170310)
- Sugars: molasses, from sugar beet, resulting from the extraction or refining of sugar (HS6 170390)

## Definitions and coverage

Merchandise trade observations aggregated to HS4. Growth, concentration, volatility, and peak comparisons calculated from reported observations. Missing values remain unavailable and are not imputed.

Reported observations cover 1995-2024.

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## Data sources

- Primary trade series: OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-27). [OECD Data Explorer](https://data-explorer.oecd.org/) · [OECD Terms & Conditions](https://www.oecd.org/termsandconditions/)
- CEPII BACI bilateral trade flows (202601): [dataset page](https://www.cepii.fr/CEPII/en/bdd_modele/bdd_modele_item.asp?id=37) · [BACI documentation](https://www.cepii.fr/DATA_DOWNLOAD/baci/doc/baci_webpage.html) · [Etalab 2.0 Open Licence](https://www.etalab.gouv.fr/wp-content/uploads/2018/11/open-licence.pdf)

This page presents derived Yugalinks views of reported observations and calculated indicators.