2023
Exports
$45.3MWorld Rnk 10 / 139
Flag Rnk 30 / 944
2023
PRODUCT COMPLEXITY IN Molasses
-1.73Rnk 974 / 1025
2023
Imports
$861World Rnk 170 / 187
Flag Rnk 1113 / 1143
2023
ECONOMIC COMPLEXITY of El Salvador
0.0012Rnk 63 / 132

About

Exports In 2023, El Salvador exported $45.3M in Molasses, making it the 10th largest exporter of Molasses in the world. At the same year, Molasses was the 30th most exported product in El Salvador. The main destination of Molasses exports from El Salvador are: United States ($36.2M), Jamaica ($4.91M), Trinidad and Tobago ($1.78M), Guyana ($1.38M), and Saint Lucia ($740k).

The fastest growing export markets for Molasses of El Salvador between 2022 and 2023 were Jamaica ($4.91M), United States ($2.32M), and Trinidad and Tobago ($1.78M).

Imports In 2023, El Salvador imported $861 in Molasses, becoming the 170th largest importer of Molasses in the world. At the same year, Molasses was the 1113th most imported product in El Salvador. El Salvador imports Molasses primarily from: Honduras ($793) and Paraguay ($68).

The fastest growing import markets in Molasses for El Salvador between 2022 and 2023 were Paraguay ($68).

Historical Data

Trade Balance

Color
EXPORTS (2023)$45.3M
IMPORTS (2023)$861
NET TRADE (2023)$45.3M

In 2023, El Salvador exported $45.3M in Molasses. The main destinations of El Salvador exports on Molasses were United States ($36.2M), Jamaica ($4.91M), Trinidad and Tobago ($1.78M), Guyana ($1.38M), and Saint Lucia ($740k).

In 2023, El Salvador imported $861 in Molasses, mainly from Honduras ($793) and Paraguay ($68).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Molasses EXPORT MARKETS FOR El Salvador WERE (2022 - 2023):
Jamaica$4.91M (1%)
United States$2.32M (6.87%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Molasses BY El Salvador WERE (2022 - 2023):
United Kingdom-$3M (-100%)
Spain-$2.99M (-100%)
Guatemala-$1.86M (-84.9%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, El Salvador's main exporting competitors in Molasses were:
In 2023, El Salvador's main importing competitors in Molasses were:

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Trade Value of Molasses by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited Kingdom+ $667k
TOP IMPORT POTENTIALGuatemala+ $6.8k

Molasses’s highest export potential is United Kingdom. With an export gap of $667k.   Molasses’s highest import potential is Guatemala with an import gap of $6.8k.

See methodology.

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