Exports In 2022, Philippines exported $45.5k in Cane molasses, making it the 77th largest exporter of Cane molasses in the world. At the same year, Cane molasses was the 2408th most exported product in Philippines. The main destination of Cane molasses exports from Philippines are: Malaysia ($21.9k), Japan ($14.3k), Singapore ($8.89k), Norway ($294), and Netherlands ($89).
The fastest growing export markets for Cane molasses of Philippines between 2021 and 2022 were Japan ($7.7k), Singapore ($1.88k), and Norway ($294).
Imports In 2022, Philippines imported $110M in Cane molasses, becoming the 2nd largest importer of Cane molasses in the world. At the same year, Cane molasses was the 251st most imported product in Philippines. Philippines imports Cane molasses primarily from: Indonesia ($54.7M), India ($51.1M), Thailand ($2.46M), Vietnam ($1.53M), and United States ($19.1k).
The fastest growing import markets in Cane molasses for Philippines between 2021 and 2022 were India ($32.1M), Indonesia ($7.7M), and Vietnam ($1.53M).
COMPANIES In 2023, leading companies such as Del Monte Foods (741), Yokohama Industries (278), and ABB Motors and Mechanical (197) were at the forefront of shipping Cane molasses from Philippines to the United States.