Exports In 2022, Australia exported $66.9M in Molasses, making it the 5th largest exporter of Molasses in the world. At the same year, Molasses was the 212th most exported product in Australia. The main destination of Molasses exports from Australia are: New Zealand ($32.4M), South Korea ($24.2M), United States ($7.45M), Thailand ($2.52M), and Malaysia ($93k).
The fastest growing export markets for Molasses of Australia between 2021 and 2022 were New Zealand ($8.18M), South Korea ($3.02M), and United States ($1.31M).
Imports In 2018, Australia imported $1.71M in Molasses, becoming the 55th largest importer of Molasses in the world. At the same year, Molasses was the 1040th most imported product in Australia. Australia imports Molasses primarily from: Vietnam ($538k), Chinese Taipei ($244k), India ($232k), United States ($134k), and Sri Lanka ($113k).
The fastest growing import markets in Molasses for Australia between 2021 and 2022 were United States ($100k), Vietnam ($86.1k), and Chinese Taipei ($73.1k).
COMPANIES In 2023, leading companies such as CNH Industrial (2) were at the forefront of shipping Molasses from Australia to the United States.