Sugar Trade

The sugar trade involves the buying and selling of sugar across different countries. Major producers like Brazil, India, and Thailand export surplus sugar to countries where demand exceeds local production. This global market is influenced by factors such as weather conditions, government policies, and currency fluctuations. Sugar is used in foods, beverages, and as a raw material in industries like ethanol and biofuels. The trade impacts prices worldwide, affecting economies and industries dependent on sugar. Overall, it’s a complex system of production, trade, and market forces that connects sugar producers and consumers globally.