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2023
Exports $13.2MWorld Rnk 24 / 139
Flag Rnk 831 / 1216
2023
Destination $1.74M France
2022 - 2023
FASTEST GROWING MARKET $1.74MFrance
2023
PRODUCT COMPLEXITY IN Molasses-1.73Rnk 974 / 1025
2023
Imports $51.3MWorld Rnk 10 / 187
Flag Rnk 611 / 1213
2023
Origin $5.65M Netherlands
2022 - 2023
FASTEST GROWING ORIGIN $5.65MFrance
2023
ECONOMIC COMPLEXITY of Belgium1.23Rnk 20 / 132

About

Exports In 2023, Belgium exported $13.2M in Molasses, making it the 24th largest exporter of Molasses in the world. At the same year, Molasses was the 831st most exported product in Belgium. The main destination of Molasses exports from Belgium are: France ($9.12M), Netherlands ($3M), Germany ($728k), Italy ($216k), and Denmark ($63.7k).

The fastest growing export markets for Molasses of Belgium between 2022 and 2023 were France ($1.74M), Germany ($66.7k), and Denmark ($15.8k).

Imports In 2023, Belgium imported $51.3M in Molasses, becoming the 10th largest importer of Molasses in the world. At the same year, Molasses was the 611th most imported product in Belgium. Belgium imports Molasses primarily from: Netherlands ($14.1M), Germany ($12.8M), India ($9.14M), France ($7.18M), and Poland ($3.94M).

The fastest growing import markets in Molasses for Belgium between 2022 and 2023 were France ($5.65M), Pakistan ($1.54M), and Guatemala ($1.25M).

Latest Trends

November 2024

About

Overview In November 2024 Belgium's Molasses exports accounted up to €249k and imports accounted up to €2.36M, resulting in a negative trade balance of €2.11M. Between November 2023 and November 2024 the exports of Belgium's   Molasses have decreased by €-833k (-77%) from €1.08M to €249k, while imports increased by €1.91M (424%) from €451k to €2.36M.

Destinations In November 2024, Molasses were exported mostly to France (€101k), Netherlands (€82.5k), Germany (€47.8k), Switzerland (€9.91k), and Poland (€4.17k), and were imported mostly from Netherlands (€1.52M), Germany (€493k), El Salvador (€190k), France (€116k), and United Kingdom (€32.3k).

Growth In November 2024, the decrease in Molasses's year-by-year exports was explained primarily by a decrease in exports to Germany (€-7.04k or -6.17%). In November 2024, the increase in Molasses's year-by-year imports was explained primarily by an increase in imports from Germany (€1.18M or 251%), France (€35.4k or 244%), and Netherlands (€2.33k or 0.3%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)€-833k(-77%)
IMPORT GROWTH (November 2023 - November 2024)€1.91M(424%)
MAIN DESTINATION (November 2024)France€101k

This section shows Molasses's exports and imports data at subnational level for Belgium. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Molasses over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$13.2M
IMPORTS (2023)$51.3M
NET TRADE (2023)-$38.1M

In 2023, Belgium exported $13.2M in Molasses. The main destinations of Belgium exports on Molasses were France ($9.12M), Netherlands ($3M), Germany ($728k), Italy ($216k), and Denmark ($63.7k).

In 2023, Belgium imported $51.3M in Molasses, mainly from Netherlands ($14.1M), Germany ($12.8M), India ($9.14M), France ($7.18M), and Poland ($3.94M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Molasses EXPORT MARKETS FOR Belgium WERE (2022 - 2023):
France$1.74M (23.6%)
Germany$66.7k (10.1%)
Denmark$15.8k (32.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Molasses BY Belgium WERE (2022 - 2023):
Netherlands-$673k (-18.3%)
Italy-$361k (-62.6%)
Ireland-$6.66k (-51.7%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Belgium's main exporting competitors in Molasses were:
India $295M
Indonesia $168M
Poland $85.5M
In 2023, Belgium's main importing competitors in Molasses were:
United States $263M
Philippines $161M
United Kingdom $161M

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Trade Value of Molasses by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $736k
TOP IMPORT POTENTIALRussia+ $644k

Molasses’s highest export potential is Germany. With an export gap of $736k.   Molasses’s highest import potential is Russia with an import gap of $644k.

See methodology.

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