Indonesia Becomes the World's Largest Sugar Importer in 2023

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Cindy Mutia Annur 20/03/2024 16:54 WIB

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According to USDA data, Indonesia was the world's largest importer of raw sugar during the 2022/2023 trading season.

Top 10 Countries with the Highest Raw Sugar Import Volumes in the World (2022/2023*)

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Indonesia Becomes the World's Largest Sugar Importer in 2023

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Top 10 Countries with the Highest Raw Sugar Import Volumes in the World (2022/2023*)

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According to data from the United States Department of Agriculture (USDA), global raw sugar imports reached 57.4 million metric tons in the 2022/2023 trading season.

During that season, Indonesia was the largest importer of raw sugar, with a volume of 5.8 million metric tons, equivalent to 10.11% of total global imports.

Following Indonesia was China, which imported 3.8 million metric tons of raw sugar throughout 2022/2023.

Then there are the United States and the European Union, which imported 3.15 million and 3 million metric tons respectively.

Other countries among the largest importers of raw sugar in 2022/2023 were Malaysia, Bangladesh, Algeria, Nigeria, Saudi Arabia, and South Korea, with volumes as shown in the graph.

In USDA data, the 2022/2023 trading season globally refers to the 12-month period from May 2022 to April 2023, including for Indonesia.

However, there are variations in some countries because they have different import patterns.

In Brazil, for example, the 2022/2023 trading season refers to the 12-month period from April 2022 to March 2023.

Meanwhile, in China, the United States, and the European Union, the 2022/2023 season refers to the 12-month period from October 2022 to September 2023.

Editor : Adi Ahdiat

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."