Chancaca is a typical Bolivian, Chilean and Peruvian, warm, sweet sauce made of raw unrefined sugar from sugarcane. It is often flavored with orange peel and cinnamon, and is consumed on sopaipillas or picarones.

Chancaca is also a synonym for panela, the unrefined sugar used to make chancaca syrup. Chancaca can be used to prepare chicha de jora, Peruvian maize beer.

In Colombia, chancacas are a traditional coconut candy.