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Exports In 2022, Philippines exported $20k in Molasses, except cane molasses, making it the 83rd largest exporter of Molasses, except cane molasses in the world. At the same year, Molasses, except cane molasses was the 2668th most exported product in Philippines. The main destination of Molasses, except cane molasses exports from Philippines are: Japan ($16.5k), Netherlands ($2.43k), Singapore ($653), Papua New Guinea ($395), and Denmark ($16).

The fastest growing export markets for Molasses, except cane molasses of Philippines between 2021 and 2022 were Japan ($16.5k), Netherlands ($2.09k), and Denmark ($16).

Imports In 2022, Philippines imported $154k in Molasses, except cane molasses, becoming the 76th largest importer of Molasses, except cane molasses in the world. At the same year, Molasses, except cane molasses was the 3801st most imported product in Philippines. Philippines imports Molasses, except cane molasses primarily from: Chinese Taipei ($105k), United States ($39.3k), Thailand ($9.24k), Brazil ($63), and Japan ($31).

The fastest growing import markets in Molasses, except cane molasses for Philippines between 2021 and 2022 were United States ($39.3k), Thailand ($9.24k), and Brazil ($63).

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 Molasses, except cane molasses from Philippines to the United States.

Latest Trends

Jul 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

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

The following visualization shows the latest trends on Molasses, except cane molasses. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$20k
IMPORTS (2022)$154k
NET TRADE (2022)-$134k

In 2022, Philippines exported $20k in Molasses, except cane molasses. The main destinations of Philippines exports on Molasses, except cane molasses were Japan ($16.5k), Netherlands ($2.43k), Singapore ($653), Papua New Guinea ($395), and Denmark ($16).

In 2022, Philippines imported $154k in Molasses, except cane molasses, mainly from Chinese Taipei ($105k), United States ($39.3k), Thailand ($9.24k), Brazil ($63), and Japan ($31).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Molasses, except cane molasses EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
Japan$16.5k (1%)
Netherlands$2.09k (603%)
Denmark$16 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Molasses, except cane molasses BY Philippines WERE (2021 - 2022):
Singapore-$348 (-34.8%)
Papua New Guinea-$223 (-36.1%)
South Korea-$20 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Philippines's main exporting competitors in Molasses, except cane molasses were:
Russia $79.3M
Egypt $57.1M
Poland $49.8M
In 2022, Philippines's main importing competitors in Molasses, except cane molasses were:
Turkey $65.8M
Belgium $41.3M
Hungary $36.4M

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Trade Value of Molasses, except cane molasses by Exporters

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