Overview: This page contains the latest trade data of Molasses. In 2019, Molasses were the world's 908th most traded product, with a total trade of $976M. Between 2018 and 2019 the exports of Molasses grew by 8.91%, from $897M to $976M. Trade in Molasses represent 0.0054% of total world trade.
Exports: In 2019 the top exporters of Molasses were India ($123M), Indonesia ($94.2M), Thailand ($76.7M), Russia ($64.4M), and Guatemala ($59M).
Imports: In 2019 the top importers of Molasses were United States ($130M), Philippines ($103M), United Kingdom ($80.5M), South Korea ($60.7M), and Netherlands ($53.8M).
Tariffs: In 2018 the average tariff for Molasses was 12.8%, making it the 278th 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 890th in the Product Complexity Index (PCI).