Sugar is one of the most commonly traded agro-commodity products worldwide.
Top Sugar Producing Countries
Brazil, India, and Thailand are the top sugar-producing countries around the world. Brazil alone is responsible for producing around 39 million tons of sugar.
The top rank countries for producing sugar are as follows:
Brazil - 39 million
India - 24.8 million
EU - 15.5 million
China -10 million
Thailand - 9.26 million
GLOBAL EXPORT-IMPORT MARKET OF SUGAR
Brazil is the largest Sugar Exporter and China is the largest importer in the world. 80% of the sugar is derived from the Sugarcane plant and rest from the sugar beet. The production of Sugarcane is driven the market growth of sugar.
More than 100 countries are depending on Brazil Sugar export to satisfy their domestic needs across the world.
The biggest export market of Brazil sugar is Russia, India, Iran, and the United Arab Emirates. The other nations which are also the largest exporters of sugar are Thailand, Guatemala, and Australia.