Overview: This page contains the latest trade data of Molasses. In 2018, Molasses were the world's 943rd most traded product, with a total trade of $871M. Between 2017 and 2018 the exports of Molasses grew by 2.05%, from $854M to $871M. Trade in Molasses represent 0.0047% of total world trade.
Exports: In 2018 the top exporters of Molasses were India ($68.9M), Indonesia ($62.7M), Russia ($59.7M), Germany ($47.4M), and Guatemala ($43M).
Imports: In 2018 the top importers of Molasses were United States ($119M), United Kingdom ($78.6M), Netherlands ($57.7M), Belgium-Luxembourg ($53.3M), and South Korea ($51.4M).
Tariffs: In 2018 the average tariff for Molasses was 12.8%, been the 278 lowest tariff using the HS4 product classification.
The countries with the highest import tariffs for Molasses are Poland (43.8%), Hungary (36.8%), Tunisia (36%), Fiji (31.1%), and Turkey (31.1%). The countries with the lowest tariffs are Mauritius (0%), South Africa (0%), Hong Kong (0%), Maldives (0%), and Singapore (0%).
Ranking: Molasses ranks 928th in the Product Complexity Index (PCI).