HS Code:
The Sugar Confectionery (including white chocolate), not containing cocoa category (HS Code: 1704) encompasses a variety of sweets such as candies, gummies, marshmallows, and white chocolate products that do not include cocoa as an ingredient. This category is a significant segment of the global confectionery market, driven by consumer demand for indulgent treats, seasonal products, and innovative flavors. Trade in this category is influenced by factors such as raw material availability (primarily sugar), consumer preferences, health trends, and trade policies including tariffs and quotas.
Total Trade Volume
USD 14.5 billion
Data from 2022
Source
United Nations Comtrade Database
Average Rate
8.5%
Highest Rate
35% (applied by certain developing countries to protect local industries)
Lowest Rate
0% (under free trade agreements such as EU Single Market or USMCA)
Rising demand for sugar-free and low-calorie confectionery
Manufacturers are innovating with artificial sweeteners and natural alternatives, affecting trade patterns as health-conscious markets like the EU and US increase imports of such products.
2021-2023
Growth in emerging markets
Increased disposable income in countries like India and Brazil has boosted demand for confectionery, leading to higher export volumes from major producers like Germany and Mexico.
2020-2022
Sustainability and ethical sourcing
Consumer preference for sustainably sourced ingredients is pushing exporters to adopt fair trade practices, influencing trade agreements and market access.
2022-2023
The European Union reduced tariffs on sugar confectionery imports from select developing countries under the Generalized Scheme of Preferences (GSP).
January 2023
This has increased imports from countries like Colombia and Peru, diversifying supply chains for EU markets.
The United States implemented stricter labeling requirements for sugar content in confectionery products to combat obesity.
June 2022
Exporters to the US market are adapting by reformulating products or enhancing transparency, potentially increasing costs.
An updated trade agreement between Mexico and the EU lowered barriers for confectionery exports, focusing on mutual recognition of standards.
April 2023
This has boosted Mexican exports to Europe, positioning Mexico as a key supplier in the region.