• The world sugar market is a thinly traded, heavily subsidized dump market that is the world’s most volatile commodity market.
  • Only about 25% of sugar produced around the globe is traded on the world market because of the distortions caused by foreign subsidies.
  • 120 countries produce sugar and almost all of them have subsidies of some kind.
  • Using $2.5 billion a year in subsidies, Brazil now controls 50% of global sugar exports—by comparison, Saudi Arabia controls just 19% of crude oil exports.
  • The Mexican government directly owns a portion of the country’s sugar production, making it Mexico’s biggest producer and exporter.
  • India relies on $1.7 billion in annual subsidies to prop up its inefficient sugar industry.
  • Thailand emerged as the world’s second leading sugar exporter thanks to $1.3 billion a year in subsidies.
  • European sugar growers will soon receive $665 million a year in subsidy checks.
  • U.S. producers support a free world market and elimination of all global sugar policies, but oppose unilateral disarmament.