In the first two months of 2024, my country's total sugar imports amounted to US$727 million, an increase of 80.54% year-on-year.

Published 2024년 4월 12일

Tridge summary

In February, the country experienced a significant surge in sugar imports, witnessing a 118.88% increase in value to $307 million and a 58.76% increase in volume to 494,900 tons. Over the initial two months of the year, there was an 80.54% increase in import value to $727 million and a 35.42% rise in volume to 1.1925 million tons compared to the same timeframe last year. Brazil dominated as the primary sugar supplier, accounting for 99.83% of the total imports, with a notable 112.99% year-on-year increase in imports from Brazil reaching $635 million. Other significant suppliers included El Salvador, South Korea, and Thailand.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

According to statistics from my country's customs, in February, my country imported 307 million US dollars of sugar, an increase of 118.88% year-on-year; the import volume was 494,900 tons, an increase of 58.76% year-on-year. In the first two months, my country's cumulative sugar imports were 727 million US dollars, an increase of 80.54% year-on-year; the import volume was 1.1925 million tons, an increase of 35.42% year-on-year. In terms of the market, in the first two months, the top ten countries/regions in my country's sugar imports were Brazil, El Salvador, South Korea, South Africa, Thailand, Malaysia, India, Mauritius, Germany, and Saudi Arabia, accounting for 99.83% of my country's imports of this product. In the first two ...

Source: Foodmate