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170310 (Harmonized System 1992 for 6-digit)

2023
World Trade $1.05BRnk 2053 / 4644
2023
Top Exporter | Top Importer $266M | $240MIndia | United States
2023
Product Complexity -2.14Rnk 4567 / 4656
2022 - 2023
Export Growth (CAGR) -3.53%Rnk 1919 / 4644
2023
Share of World Trade 0.0047%Rnk 2053 / 4644

About

Overview This page contains the latest trade data of Cane molasses. In 2023, Cane molasses were the world's 2053rd most traded product, with a total trade of $1.05B. Between 2022 and 2023 the exports of Cane molasses decreased by -3.53%, from $1.09B to $1.05B. Trade in Cane molasses represent 0.0047% of total world trade.

Cane molasses are a part of Molasses.

Exports In 2023 the top exporters of Cane molasses  were India ($266M), Indonesia ($164M), Guatemala ($76.4M), El Salvador ($45.3M), and Australia ($44.4M).

Imports In 2023 the top importers of Cane molasses were United States ($240M), Philippines ($161M), United Kingdom ($117M), South Korea ($67.4M), and Ireland ($41.8M).

Ranking Cane molasses ranks 4567th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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The following visualization shows the latest trends on Cane molasses. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

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* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2023)India$266M
Top Destination (2023)United States$240M

In 2023 Cane molasses were the world's 2053rd most traded product (out of 4,644).

In 2023, the top exporters of Cane molasses were India ($266M), Indonesia ($164M), Guatemala ($76.4M), El Salvador ($45.3M), and Australia ($44.4M).

In 2023, the top importers of Cane molasses were United States ($240M), Philippines ($161M), United Kingdom ($117M), South Korea ($67.4M), and Ireland ($41.8M).

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Exporters of Cane molasses (2023)
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Importers of Cane molasses (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Indonesia$31.7M
Top Destination Growth (2022 -  2023)United States$60M

Between 2022 and 2023, the exports of Cane molasses grew the fastest in Indonesia ($31.7M), Guatemala ($22.5M), Brazil ($17.1M), Australia ($10.2M), and United States ($8.71M).

Between 2022 and 2023, the fastest growing importers of Cane molasses were United States ($60M), Philippines ($26.1M), Ireland ($10.7M), Guyana ($8.56M), and Jamaica ($8.31M).

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Exporters of Cane molasses (2022 - 2023)

Importers of Cane molasses (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Cane molasses.

In 2023, market concentration measured using Shannon Entropy, was 4.2. This means that most of the exports of Cane molasses are explained by 18 countries.

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Value of Exports in Cane molasses

Net Trade

TOP NET EXPORTER (2023)India$259M
TOP NET IMPORTER (2023)United States$201M

This map shows which countries export or import more of Cane molasses. Each country is colored based on the difference in exports and imports of Cane molasses during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Cane molasses were India ($259M), Indonesia ($161M), Guatemala ($76M), El Salvador ($45.3M), and Australia ($43.3M).

In 2023, the countries that had a largest trade value in imports than in exports of Cane molasses were United States ($201M), Philippines ($161M), United Kingdom ($94.4M), South Korea ($67.4M), and Ireland ($39M).

Net Trade (2023)

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Cane molasses.
It is possible to select the main countries that export or import Cane molasses in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Cane molasses by percentage of total exports

Product Complexity

Diversification Frontier

Specialization

The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.

Relatedness vs Country Complexity (2023)

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